Compagnie Générale des Établissements Michelin Société en commandite par actions
Cash Flow
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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 Compagnie Générale des Établissements Michelin Société en commandite par actions generated cash of $5,287,000,000, which is more than the previous year. Cash used in financing activities reached the amount of -$2,336,000,000 last year. Net change in cash is therefore -$69,000,000.
Cash Flow
| 2014 | 2.52B | -2.08B | -825M |
|---|---|---|---|
| 2015 | 2.69B | -1.94B | -352M |
| 2016 | 2.76B | -2.02B | -799M |
| 2017 | 2.74B | -2.06B | -719M |
| 2018 | 2.83B | -4.83B | 2.32B |
| 2019 | 3.32B | -2.24B | -1.74B |
| 2020 | 3.36B | -1.38B | 1.34B |
| 2021 | 2.90B | -1.75B | -1.43B |
| 2022 | 1.93B | -1.94B | -1.86B |
| 2023 | 5.28B | -2.93B | -2.33B |
MGDDY Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 2.58B | 4.48B | 4.74B | 1.46B | 2.12B | 1.77B | 1.82B | 1.55B | 1.16B | 1.56B |
Operating activities | ||||||||||
Net income | 1.98B | 2.00B | 1.84B | 625M | 1.73B | 1.66B | 1.69B | 1.66B | 1.16B | 1.03B |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 2.00B | 1.94B | 1.81B | 1.84B | 1.84B | 1.34B | 1.34B | 1.39B | 1.35B | 1.11B |
Stock-based compensation expense | 30M | 41M | 21M | 31M | 7M | 22M | 7M | 21M | 9M | 7M |
| Deferred income tax benefit | 30M | 41M | 21M | 31M | 7M | 22M | 7M | 21M | 9M | 7M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 254M | -746M | -370M | 92M | -81M | -52M | -317M | -319M | -66M | 234M |
Inventories | 775M | -1.05B | -1.10B | 552M | 147M | 4M | -311M | -83M | 60M | -71M |
Accounts payable | -276M | 48M | 527M | -34M | -140M | -47M | 205M | 289M | 34M | 0 |
Cash generated by operating activities | 5.28B | 1.93B | 2.90B | 3.36B | 3.32B | 2.83B | 2.74B | 2.76B | 2.69B | 2.52B |
Investing activities | ||||||||||
Purchases Of Investments | -345M | -59M | -256M | -165M | -75M | -258M | -140M | -324M | -144M | -18M |
Investments In Property Plant And Equipment | -2.00B | -2.14B | -1.70B | -1.22B | -1.80B | -1.66B | -1.77B | -1.81B | -1.80B | -1.88B |
Acquisitions Net | -651M | -59M | -85M | -70M | -425M | -3.00B | -368M | -2M | -181M | -404M |
Cash generated by investing activities | -2.93B | -1.94B | -1.75B | -1.38B | -2.24B | -4.83B | -2.06B | -2.02B | -1.94B | -2.08B |
Financing activities | ||||||||||
Common Stock Issued | 0 | 76M | 0 | 55M | 4M | 58M | 17M | 99M | 64M | 46M |
Payments for dividends | -893M | -803M | -410M | -357M | -665M | -637M | -584M | -515M | -463M | -464M |
Repurchases of common stock | 0 | -120M | 0 | -99M | -141M | -75M | -101M | -301M | -451M | -87M |
Repayments of term debt | -1.14B | -369M | -774M | -1.07B | -680M | -80M | 42M | -233M | 523M | -496M |
Cash used in financing activities | -2.33B | -1.86B | -1.43B | 1.34B | -1.74B | 2.32B | -719M | -799M | -352M | -825M |
Net Change In Cash | -69M | -1.89B | -265M | 3.28B | -662M | 327M | -53M | -56M | 385M | -396M |
Cash at end of period | 2.51B | 2.58B | 4.48B | 4.74B | 1.46B | 2.1B | 1.77B | 1.49B | 1.55B | 1.16B |