Covestro AG
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Covestro AG generated cash of $997,000,000, which is more than the previous year. Cash used in financing activities reached the amount of -$639,000,000 last year. Net change in cash is therefore -$573,000,000.
Cash Flow
| 2014 | 925M | -585M | -192M |
|---|---|---|---|
| 2015 | 1.47B | -380M | -645M |
| 2016 | 1.78B | -1.04B | -1.12B |
| 2017 | 2.36B | -747M | -634M |
| 2018 | 2.37B | -346M | -2.40B |
| 2019 | 1.38B | -838M | -668M |
| 2020 | 1.23B | -1.76B | 1.20B |
| 2021 | 2.19B | -1.99B | -965M |
| 2022 | 970M | -477M | 64M |
| 2023 | 997M | -925M | -639M |
COVTY Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 1.19B | 649M | 1.40B | 748M | 865M | 1.23B | 267M | 642M | 201M | 37M |
Operating activities | ||||||||||
Net income | -202M | -281M | 1.61B | 454M | 557M | 1.82B | 2.01B | 806M | 352M | 277M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 894M | 1.35B | 823M | 776M | 752M | 620M | 627M | 683M | 739M | 605M |
Stock-based compensation expense | 0 | 9M | 17M | 23M | 16M | 11M | 28M | 32M | 31M | 26M |
| Deferred income tax benefit | 0 | 9M | 17M | 23M | 16M | 11M | 28M | 32M | 31M | 26M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 76M | 377M | -462M | -106M | 238M | 110M | -325M | -171M | 172M | -110M |
Inventories | 278M | 148M | -987M | 160M | 322M | -308M | -306M | 73M | 213M | -164M |
Accounts payable | -104M | -213M | 722M | -154M | -149M | 31M | 156M | 123M | -270M | 0 |
Cash generated by operating activities | 997M | 970M | 2.19B | 1.23B | 1.38B | 2.37B | 2.36B | 1.78B | 1.47B | 925M |
Investing activities | ||||||||||
Purchases Of Investments | -328M | -124M | -34M | -1.10B | -16M | -20M | -318M | -640M | -1M | 0 |
Investments In Property Plant And Equipment | -765M | -832M | -764M | -704M | -910M | -707M | -518M | -419M | -509M | -612M |
Acquisitions Net | 55M | 6M | -1.46B | -3M | 40M | 66M | 43M | 6M | -14M | 4M |
Cash generated by investing activities | -925M | -477M | -1.99B | -1.76B | -838M | -346M | -747M | -1.04B | -380M | -585M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 8M | 2M | 448M | 7M | 8M | 0 | 0 | 3.34B | 0 |
Payments for dividends | -4M | -648M | -262M | -221M | -442M | -441M | -274M | -143M | -6M | -1M |
Repurchases of common stock | -49M | -150M | 0 | 0 | 0 | -1.31B | -143M | 0 | 0 | 0 |
Repayments of term debt | -417M | 995M | -675M | -719M | -147M | -646M | -86M | -2.72B | -2.06B | -332M |
Cash used in financing activities | -639M | 64M | -965M | 1.20B | -668M | -2.40B | -634M | -1.12B | -645M | -192M |
Net Change In Cash | -573M | 549M | -755M | 656M | -117M | -367M | 965M | -375M | 441M | 164M |
Cash at end of period | 625M | 1.19B | 649M | 1.40B | 748M | 865M | 1.23B | 267M | 642M | 201M |
| Data source |