Telefónica Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2018	FY 2017
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017
Other Adjustments	11,662	12,103	11,855	14,288	14,801
Changes in Income Taxes Payable	-668	-454	-92	-865	-1,005
Operating Cash Flow	10,994	11,649	11,763	13,423	13,796
Operating Cash Flow Growth	-5.62%	-0.97%	-12.37%	-2.70%	1.33%
Capital Expenditures	-	-	-	-8,585	-8,992
Sale of Property, Plant & Equipment	-5,521	-5,851	-5,508	-	-
Purchases of Investments	-1,196	-1,475	-2,575	-965	-1,106
Proceeds from Sale of Investments	1,463	2,288	4,499	802	-61
Payments for Business Acquisitions	-189	-252	-1,628	-3	-128
Proceeds from Business Divestments	220	1,004	-115	29	40
Other Investing Activities	-	-	-	37	2
Investing Cash Flow	-5,223	-4,286	-5,327	-8,685	-10,245
Short-Term Debt Issued	1,760	1,707	839	3,973	4,844
Short-Term Debt Repaid	-1,123	-1,465	-3,077	-4,040	-6,711
Net Short-Term Debt Issued (Repaid)	637	242	-2,238	-67	-1,867
Long-Term Debt Issued	1,787	967	1,746	4,289	8,390
Long-Term Debt Repaid	-1,140	-1,910	-3,541	-4,654	-6,687
Net Long-Term Debt Issued (Repaid)	647	-943	-1,795	-365	1,703
Common Dividends Paid	-1,887	-2,139	-1,397	-2,794	-2,459
Other Financing Activities	-4,069	-4,346	-2,495	-654	871
Financing Cash Flow	-4,672	-7,186	-7,925	-3,880	-1,752
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-191	-258	156	-244	-341
Net Cash Flow	911	-94	-1,335	500	1,456
Beginning Cash & Cash Equivalents	7,151	7,245	8,580	5,192	3,736
Ending Cash & Cash Equivalents	8,062	7,151	7,245	5,692	5,192
Free Cash Flow	10,994	11,649	11,763	4,838	4,804
Free Cash Flow Growth	-5.62%	-0.97%	143.14%	0.71%	43.02%
FCF Margin	26.61%	28.66%	29.41%	9.94%	9.24%
Free Cash Flow Per Share	1.94	2.04	2.04	0.89	0.94
Levered Free Cash Flow	567	-2,047	-2,114	-6,551	-7,029
Unlevered Free Cash Flow	230.66	556.44	3,086	-4,826	-5,007

Updated Dec 31, 2024. Data Source: Fiscal.ai. Standard template. Financial Sources.