Corticeira Amorim SGPS SA
F:AS4
Cash Flow Statement
Cash Flow Statement
Corticeira Amorim SGPS SA
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Cash Taxes Paid |
(23)
|
(24)
|
(19)
|
(12)
|
(9)
|
(8)
|
(9)
|
(14)
|
(16)
|
(15)
|
(16)
|
(17)
|
(26)
|
0
|
(26)
|
(30)
|
(25)
|
0
|
(23)
|
(15)
|
(10)
|
0
|
(12)
|
(10)
|
(13)
|
(13)
|
(14)
|
(8)
|
(5)
|
(6)
|
(4)
|
(16)
|
(19)
|
(18)
|
(22)
|
(23)
|
(13)
|
(17)
|
(15)
|
(14)
|
(27)
|
|
Change in Working Capital |
(49)
|
(39)
|
(49)
|
(54)
|
(33)
|
(57)
|
(52)
|
(52)
|
(57)
|
(52)
|
(53)
|
(54)
|
(76)
|
(76)
|
(77)
|
(144)
|
(64)
|
(49)
|
(77)
|
5
|
(99)
|
(119)
|
(99)
|
(133)
|
(90)
|
(80)
|
(73)
|
(60)
|
(75)
|
(77)
|
(82)
|
(82)
|
(71)
|
(12)
|
(69)
|
(76)
|
(96)
|
(223)
|
(97)
|
(101)
|
(94)
|
|
Cash from Operating Activities |
66
N/A
|
62
-6%
|
62
+0%
|
65
+4%
|
64
-2%
|
59
-7%
|
64
+8%
|
57
-11%
|
55
-4%
|
56
+3%
|
71
+26%
|
85
+19%
|
60
-29%
|
60
N/A
|
75
+26%
|
26
-66%
|
77
+201%
|
92
+20%
|
61
-34%
|
99
+62%
|
60
-40%
|
47
-21%
|
52
+12%
|
58
+10%
|
87
+51%
|
101
+16%
|
116
+15%
|
136
+17%
|
120
-12%
|
141
+18%
|
167
+18%
|
170
+2%
|
158
-7%
|
155
-1%
|
102
-34%
|
76
-26%
|
93
+22%
|
38
-59%
|
52
+38%
|
41
-22%
|
26
-36%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(26)
|
(25)
|
(28)
|
(29)
|
(22)
|
(22)
|
(23)
|
(25)
|
(33)
|
(36)
|
(36)
|
(40)
|
(35)
|
(35)
|
(36)
|
(39)
|
(44)
|
(46)
|
(52)
|
(56)
|
(57)
|
(61)
|
(58)
|
(54)
|
(57)
|
(54)
|
(54)
|
(53)
|
(43)
|
(40)
|
(36)
|
(37)
|
(42)
|
(48)
|
(59)
|
(89)
|
(97)
|
(104)
|
(112)
|
(88)
|
(95)
|
|
Other Items |
3
|
4
|
2
|
1
|
2
|
1
|
2
|
3
|
1
|
1
|
(1)
|
(1)
|
55
|
55
|
58
|
28
|
(28)
|
(31)
|
(31)
|
(3)
|
(12)
|
(5)
|
(5)
|
(17)
|
(9)
|
(11)
|
(11)
|
(5)
|
2
|
2
|
(14)
|
(14)
|
(12)
|
(38)
|
(16)
|
(36)
|
(35)
|
(8)
|
(10)
|
16
|
11
|
|
Cash from Investing Activities |
(23)
N/A
|
(21)
+7%
|
(26)
-22%
|
(28)
-6%
|
(20)
+27%
|
(21)
-5%
|
(21)
0%
|
(21)
-1%
|
(32)
-49%
|
(35)
-9%
|
(37)
-6%
|
(41)
-11%
|
20
N/A
|
20
N/A
|
21
+5%
|
(10)
N/A
|
(72)
-605%
|
(77)
-7%
|
(83)
-8%
|
(58)
+30%
|
(69)
-18%
|
(66)
+5%
|
(63)
+4%
|
(70)
-11%
|
(66)
+6%
|
(66)
+1%
|
(66)
0%
|
(58)
+12%
|
(41)
+30%
|
(39)
+5%
|
(50)
-29%
|
(51)
-3%
|
(54)
-4%
|
(86)
-60%
|
(75)
+12%
|
(125)
-66%
|
(132)
-5%
|
(112)
+15%
|
(122)
-9%
|
(73)
+41%
|
(84)
-16%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
33
|
33
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Issuance of Debt |
(43)
|
(49)
|
(17)
|
(19)
|
(17)
|
(5)
|
(13)
|
(8)
|
(3)
|
(6)
|
(8)
|
(17)
|
(8)
|
(8)
|
(18)
|
35
|
(19)
|
(30)
|
2
|
(27)
|
13
|
22
|
28
|
46
|
39
|
69
|
21
|
(13)
|
(2)
|
(53)
|
(21)
|
(34)
|
(22)
|
(6)
|
7
|
52
|
48
|
49
|
65
|
55
|
61
|
|
Cash Paid for Dividends |
(20)
|
(21)
|
(23)
|
(23)
|
(24)
|
(24)
|
(27)
|
(27)
|
(51)
|
0
|
(55)
|
(55)
|
(33)
|
0
|
(36)
|
(35)
|
(35)
|
0
|
(36)
|
(36)
|
(38)
|
0
|
(38)
|
(39)
|
(36)
|
0
|
(11)
|
(34)
|
(25)
|
0
|
(49)
|
(25)
|
(36)
|
0
|
(38)
|
(38)
|
(39)
|
(39)
|
(39)
|
(39)
|
(39)
|
|
Other |
(5)
|
(5)
|
(4)
|
(3)
|
(2)
|
(2)
|
(2)
|
(0)
|
(2)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
7
|
9
|
12
|
12
|
4
|
3
|
2
|
1
|
1
|
(5)
|
(9)
|
(9)
|
(7)
|
(2)
|
(4)
|
(2)
|
(5)
|
(6)
|
(3)
|
(4)
|
2
|
4
|
(2)
|
(5)
|
(13)
|
(18)
|
(13)
|
|
Cash from Financing Activities |
(69)
N/A
|
(76)
-10%
|
(43)
+43%
|
(45)
-4%
|
(43)
+4%
|
(31)
+27%
|
(41)
-31%
|
(2)
+95%
|
(22)
-933%
|
(24)
-12%
|
(30)
-23%
|
(71)
-138%
|
(42)
+41%
|
(42)
N/A
|
(46)
-10%
|
9
N/A
|
(43)
N/A
|
(54)
-25%
|
(30)
+44%
|
(60)
-100%
|
(24)
+61%
|
(15)
+36%
|
(9)
+44%
|
2
N/A
|
(6)
N/A
|
24
N/A
|
4
-84%
|
(50)
N/A
|
(31)
+38%
|
(79)
-157%
|
(75)
+5%
|
(65)
+14%
|
(61)
+5%
|
(46)
+25%
|
(29)
+37%
|
19
N/A
|
7
-63%
|
6
-22%
|
14
+147%
|
(2)
N/A
|
9
N/A
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
(0)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
2
|
2
|
1
|
(1)
|
(3)
|
(3)
|
(2)
|
(1)
|
(0)
|
0
|
0
|
(0)
|
0
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
|
Net Change in Cash |
(26)
N/A
|
(35)
-36%
|
(7)
+79%
|
(8)
-9%
|
0
N/A
|
7
+1 640%
|
2
-72%
|
33
+1 606%
|
1
-97%
|
(3)
N/A
|
4
N/A
|
(27)
N/A
|
40
N/A
|
40
N/A
|
51
+28%
|
23
-54%
|
(41)
N/A
|
(42)
-2%
|
(54)
-29%
|
(20)
+62%
|
(33)
-65%
|
(34)
-1%
|
(19)
+43%
|
(11)
+45%
|
15
N/A
|
59
+297%
|
54
-8%
|
28
-47%
|
48
+70%
|
24
-51%
|
42
+77%
|
54
+29%
|
43
-20%
|
24
-44%
|
(2)
N/A
|
(30)
-1 383%
|
(32)
-7%
|
(69)
-117%
|
(56)
+18%
|
(34)
+40%
|
(48)
-42%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
40
N/A
|
37
-6%
|
34
-8%
|
36
+5%
|
42
+16%
|
37
-12%
|
40
+10%
|
32
-21%
|
22
-32%
|
21
-5%
|
35
+70%
|
45
+28%
|
25
-45%
|
25
N/A
|
39
+58%
|
(13)
N/A
|
33
N/A
|
46
+41%
|
9
-80%
|
43
+355%
|
2
-94%
|
(14)
N/A
|
(5)
+60%
|
4
N/A
|
30
+656%
|
47
+57%
|
62
+32%
|
84
+35%
|
78
-7%
|
101
+30%
|
131
+29%
|
133
+2%
|
116
-12%
|
107
-8%
|
43
-60%
|
(13)
N/A
|
(4)
+68%
|
(66)
-1 466%
|
(60)
+10%
|
(48)
+20%
|
(69)
-45%
|