Eni S.p.A. Cash Flow Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	2,909	2,764	4,860	13,961	5,840	-8,628
Depreciation & Amortization	7,410	7,600	7,479	7,205	7,063	7,304
Other Adjustments	868	7,318	8,675	4,034	3,104	6,446
Change in Receivables	894	68	1,792	-2,528	-7,888	1,054
Changes in Inventories	401	1,286	1,811	-1,279	-2,033	-18
Changes in Accounts Payable	275	1,145	3,322	-1,036	7,744	1,316
Changes in Other Operating Activities	1,214	23	-4,726	4,312	-969	-2,670
Operating Cash Flow	12,600	13,092	15,119	17,460	12,861	4,804
Operating Cash Flow Growth	-7.67%	-13.41%	-13.41%	35.76%	167.71%	-61.23%
Capital Expenditures	-8,162	-8,004	-8,739	-7,703	-4,952	-10,366
Sale of Property, Plant & Equipment	2,552	1,354	122	149	207	-757
Purchases of Intangible Assets	-513	-486	-476	-356	-284	-
Proceeds from Sale of Intangible Assets	5	21	32	17	1	216
Purchases of Investments	-970	-983	-1,703	-2,025	-1,064	-392
Proceeds from Sale of Investments	170	595	79	1,579	296	-
Payments for Business Acquisitions	49	-1,795	-1,277	-1,636	-1,901	-237
Proceeds from Business Divestments	-86	887	395	-60	76	12
Other Investing Activities	147	1,090	3,047	6,006	-3,865	1,006
Investing Cash Flow	-13,352	-21,599	-21,769	-17,811	-19,837	-10,518
Net Short-Term Debt Issued (Repaid)	1,361	-61	-1,495	1,375	-910	937
Net Long-Term Debt Issued (Repaid)	-3,456	-1,232	1,810	-3,944	666	2,178
Common Dividends Paid	-3,099	-3,068	-3,046	-3,009	-2,358	-1,965
Other Financing Activities	675	-1,019	-2,937	-2,964	563	2,103
Financing Cash Flow	-4,515	-5,380	-5,668	-8,542	-2,039	3,253
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-75	83	-62	16	52	-69
Net Cash Flow	-415	-2,022	24	1,916	-1,148	3,419
Free Cash Flow	4,438	5,088	6,380	9,757	7,909	-5,562
Free Cash Flow Growth	-12.78%	-20.25%	-34.61%	23.37%	-	-
FCF Margin	5.12%	5.58%	6.73%	7.30%	10.17%	-12.37%
Free Cash Flow Per Share	2.84	-	-	-	-	-3.11
Levered Free Cash Flow	1,791	3,381	4,233	12,817	12,430	-9,954
Unlevered Free Cash Flow	3,487	4,281	3,070	12,586	13,598	-9,161

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.