Orange Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 2006
Net Income	2,440	2,146	233	4,822	3,004	1,954	1,843	2,813	2,652	925	Upgrade
Depreciation & Amortization	8,963	8,649	8,639	8,573	8,399	7,047	6,846	6,728	6,465	6,038	Upgrade
Share-Based Compensation	16	14	179	23	55	50	5	61	9	78	Upgrade
Other Operating Activities	635	426	2,185	-721	-1,268	455	1,480	-852	401	1,761	Upgrade
Operating Cash Flow	12,054	11,235	11,236	12,697	10,190	9,506	10,174	8,750	9,527	8,802	Upgrade
Operating Cash Flow Growth	7.29%	-0.01%	-11.51%	24.60%	7.20%	-6.57%	16.27%	-8.16%	8.24%	21.26%	Upgrade
Capital Expenditures	-7,646	-8,283	-8,604	-7,214	-7,615	-7,739	-7,449	-8,315	-6,441	-5,939	Upgrade
Acquisitions	-2,802	-47	470	-56	-484	-503	473	3,344	-3,148	767	Upgrade
Change in Investments	3,907	-4,354	3,754	3,236	-3,795	-568	-1,031	-407	438	-1,440	Upgrade
Other Investing Activities	-467	2,236	-1,596	-1,530	2,524	258	66	499	-255	260	Upgrade
Investing Cash Flow	-7,008	-10,448	-5,976	-5,564	-9,370	-8,552	-7,941	-4,879	-9,406	-6,352	Upgrade
Dividends Paid	-1,862	-1,861	-2,127	-1,595	-1,857	-1,860	-1,729	-1,596	-1,589	-1,846	Upgrade
Share Issuance / Repurchase	-15	34	-387	7	-61	-98	-4	115	32	125	Upgrade
Debt Issued / Paid	-2,754	-1,862	-3,080	-3,385	1,470	796	389	560	-3,968	1,182	Upgrade
Other Financing Activities	-834	346	760	-437	472	31	-1,394	-962	1,601	385	Upgrade
Financing Cash Flow	-5,465	-3,343	-4,834	-5,410	24	-1,131	-2,738	-1,883	-3,924	-154	Upgrade
Net Cash Flow	-419	-2,556	427	1,724	844	-177	-505	1,988	-3,803	2,296	Upgrade
Free Cash Flow	4,408	2,952	2,632	5,483	2,575	1,767	2,725	435	3,086	2,863	Upgrade
Free Cash Flow Growth	49.32%	12.16%	-52.00%	112.93%	45.73%	-35.16%	526.44%	-85.90%	7.79%	126.86%	Upgrade
Free Cash Flow Margin	9.99%	6.79%	6.19%	12.97%	6.10%	4.27%	6.67%	1.07%	7.67%	7.26%	Upgrade
Free Cash Flow Per Share	1.66	1.11	0.99	2.06	0.97	0.66	1.02	0.16	1.17	1.08	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).