Millicom International Cellular S.A. (TIGO)

TIGO Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	-82	177	590	-385	154
Depreciation & Amortization	1,338	1,364	1,196	1,208	1,111
Share-Based Compensation	52	29	17	24	30
Other Operating Activities	-85	-286	-847	-26	-494
Operating Cash Flow	1,223	1,284	956	821	801
Operating Cash Flow Growth	-4.75%	34.31%	16.44%	2.50%	1.14%
Capital Expenditures	-1,166	-1,051	-864	-815	-712
Acquisitions	59	-124	-1,994	91	-666
Change in Investments	-32	44	130	197	25
Other Investing Activities	23	27	25	32	-149
Investing Cash Flow	-1,116	-1,104	-2,703	-495	-1,502
Dividends Paid	0	0	0	0	-268
Share Issuance / Repurchase	-5	717	-50	-10	0
Debt Issued / Paid	-447	-714	1,641	-583	1,636
Other Financing Activities	75	-4	186	-5	-13
Financing Cash Flow	-377	-1	1,777	-598	1,355
Exchange Rate Effect	6	-11	-10	-17	-8
Net Cash Flow	-264	168	20	-289	645
Free Cash Flow	57	233	92	6	89
Free Cash Flow Growth	-75.54%	153.26%	1433.33%	-93.26%	-71.66%
Free Cash Flow Margin	1.01%	4.14%	2.16%	0.16%	2.05%
Free Cash Flow Per Share	0.33	1.35	0.90	0.06	0.88

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).