Henkel AG & Co. KGaA 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	Jun '25 Jun 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	2,088	2,007	1,318	1,259	1,634	1,408
Depreciation & Amortization	630	655	652	682	650	663
Other Amortization	55	55	50	62	62	55
Loss (Gain) From Sale of Assets	-12	6	205	-46	-46	-15
Asset Writedown & Restructuring Costs	55	116	216	131	266	378
Other Operating Activities	209	248	188	-160	-70	-6
Change in Accounts Receivable	107	-50	47	-185	-351	102
Change in Inventory	-147	-122	605	-722	-391	-141
Change in Accounts Payable	-91	187	-468	306	328	295
Change in Other Net Operating Assets	-151	18	442	-80	59	341
Operating Cash Flow	2,743	3,120	3,255	1,247	2,141	3,080
Operating Cash Flow Growth	-17.85%	-4.15%	161.03%	-41.76%	-30.49%	-4.97%
Capital Expenditures	-670	-626	-608	-593	-647	-715
Sale of Property, Plant & Equipment	21	16	17	27	23	20
Cash Acquisitions	-37	-1,333	-513	-85	-164	-452
Divestitures	206	92	368	103	257	53
Investment in Securities	-66	-565	-6	331	51	-167
Other Investing Activities	94	86	58	17	-	-
Investing Cash Flow	-452	-2,330	-684	-200	-479	-1,261
Long-Term Debt Issued	-	1,223	-	819	720	518
Long-Term Debt Repaid	-	-146	-732	-1,072	-1,298	-1,217
Net Debt Issued (Repaid)	-25	1,077	-732	-253	-578	-699
Repurchase of Common Stock	-293	-	-195	-803	-	-
Common Dividends Paid	-850	-771	-771	-795	-798	-798
Other Financing Activities	-21	-135	-56	-54	82	22
Financing Cash Flow	-1,189	171	-1,754	-1,905	-1,294	-1,475
Foreign Exchange Rate Adjustments	-86	-23	-89	-35	21	-77
Miscellaneous Cash Flow Adjustments	1	-	135	-135	-	-
Net Cash Flow	1,017	938	863	-1,028	389	267
Free Cash Flow	2,073	2,494	2,647	654	1,494	2,365
Free Cash Flow Growth	-24.18%	-5.78%	304.74%	-56.23%	-36.83%	-7.76%
Free Cash Flow Margin	9.79%	11.55%	12.30%	2.92%	7.45%	12.29%
Free Cash Flow Per Share	4.95	5.95	6.31	1.53	3.44	5.45
Cash Interest Paid	120	103	101	73	60	94
Cash Income Tax Paid	603	574	505	711	651	618
Levered Free Cash Flow	1,742	1,666	2,869	497.5	1,845	1,913
Unlevered Free Cash Flow	1,811	1,736	2,936	543.13	1,874	1,957
Change in Working Capital	-282	33	626	-681	-355	597

Source: S&P Global Market Intelligence. Standard template. Financial Sources.