Valhi, Inc. (VHI)

Valhi Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	-12.1	90.2	127.2	55.2	49.2
Depreciation & Amortization	54.1	58.5	59.3	68.5	56.8
Other Operating Activities	-38.1	-113.8	273.2	28.5	71.2
Operating Cash Flow	3.9	34.9	459.7	152.2	177.2
Operating Cash Flow Growth	-88.83%	-92.41%	202.04%	-14.11%	7.07%
Capital Expenditures	-46.7	-67.6	-40.7	-65.5	-55.3
Acquisitions	-1.7	-8.6	0	4.9	2.4
Change in Investments	19.3	-70.7	1.2	0.9	-0.6
Other Investing Activities	0.1	0.2	2.1	2.7	2.8
Investing Cash Flow	-29	-146.7	-37.4	-57	-50.7
Dividends Paid	-9.1	-9	-9	-13.6	-27.1
Debt Issued / Paid	-29.8	-62	-102.3	-58.5	3.7
Other Financing Activities	-37	-43	-77.8	-50.4	-40.7
Financing Cash Flow	-75.9	-114	-189.1	-122.5	-64.1
Exchange Rate Effect	1	-5.1	-10.6	13.8	-2.3
Net Cash Flow	-100	-230.9	222.6	-13.5	60.1
Free Cash Flow	-42.8	-32.7	419	86.7	121.9
Free Cash Flow Growth	-	-	383.28%	-28.88%	-1.38%
Free Cash Flow Margin	-2.16%	-1.44%	17.94%	4.62%	6.29%
Free Cash Flow Per Share	-1.50	-1.15	14.70	3.04	4.28

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).