GE Vernova
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 GE Vernova generated cash of $1,186,000,000, which is more than the previous year. Cash used in financing activities reached the amount of -$408,000,000 last year. Net change in cash is therefore -$516,000,000.
Cash Flow
| 2021 | -1.66B | -1.14B | 1.99B |
|---|---|---|---|
| 2022 | -114M | -322M | 811M |
| 2023 | 1.18B | -734M | -408M |
GEV Cash Flow Statement (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Cash at beginning of period | 2.06B | 1.8B | 2.67B |
Operating activities | |||
Net income | -438M | -2.73B | -633M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||
Depreciation and amortization | 964M | 991M | 1.17B |
Stock-based compensation expense | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||
Accounts receivable, net | -726M | -521M | -1.44B |
Inventories | -240M | -949M | 400M |
Accounts payable | -663M | 643M | 63M |
Cash generated by operating activities | 1.18B | -114M | -1.66B |
Investing activities | |||
Purchases Of Investments | 0 | -393M | -545M |
Investments In Property Plant And Equipment | -744M | -513M | -577M |
Acquisitions Net | 60M | 53M | 69M |
Cash generated by investing activities | -734M | -322M | -1.14B |
Financing activities | |||
Common Stock Issued | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 |
Repayments of term debt | 16M | 15M | -104M |
Cash used in financing activities | -408M | 811M | 1.99B |
Net Change In Cash | -516M | 267M | -871M |
Cash at end of period | 1.55B | 2.06B | 1.8B |