Cash Flow Statement

Currency: USD

	Apr-2021	Jul-2021	Oct-2021	Jan-2022	Apr-2022	Jul-2022	Oct-2022	Jan-2023	Apr-2023	Jul-2023	Oct-2023	Jan-2024
Operating Cash Flow
Net Income	72	56	60	78	62	60	59	56	57	69	65	66
Depreciation & Amortization	34	21	21	27	22	23	24	26	27	28	29	32
Change in Deffered Taxes	0	2	0	0	0	4	0	0	0	(0)	0	0
Stock-Based Compensation	11	11	12	13	6	6	5	6	6	6	6	0
Other Non-Cash Items	22	7	9	10	4	9	9	12	14	8	6	7
Cash Taxes Paid	0	23	0	0	0	18	0	11	11	12	(0)	24
Cash Interest Paid	0	13	0	0	0	5	2	2	4	10	13	17
Change in Working Capital	(43)	(22)	(7)	(37)	(20)	(28)	(24)	(29)	(29)	(35)	(39)	(78)
Cash from Operating Activities	81 N/A	64 -21%	85 +32%	81 -5%	71 -12%	69 -2%	72 +5%	68 -6%	73 +7%	70 -4%	62 -12%	26 -58%
Investing Cash Flow
Capital Expenditures	(17)	(14)	(12)	(29)	(27)	(45)	(45)	(34)	(34)	(73)	(77)	(78)
Other Items	0	0	0	0	0	1	0	0	0	0	0	0
Cash from Investing Activities	(17) N/A	(14) +20%	(12) +13%	(29) -148%	(27) +8%	(44) -62%	(44) -1%	(33) +26%	(33) -1%	(73) -120%	(77) -5%	(77) -1%
Financing Cash Flow
Net Issuance of Common Stock	188	188	0	0	0	0	0	0	0	0	0	0
Net Issuance of Debt	(146)	(133)	(150)	(128)	(36)	(25)	(27)	(30)	(10)	9	34	58
Cash Paid for Dividends	(100)	(100)	0	0	0	0	0	0	0	0	0	0
Other	(4)	(7)	(7)	(7)	(4)	(1)	0	(3)	(3)	(3)	(4)	0
Cash from Financing Activities	(63) N/A	(53) +16%	(69) -31%	(48) +30%	(40) +17%	(26) +35%	(28) -7%	(33) -17%	(12) +63%	6 N/A	31 +440%	57 +86%
Change in Cash
Net Change in Cash	1 N/A	(2) N/A	4 N/A	3 -12%	4 +5%	(1) N/A	0 N/A	3 +3 514%	27 +984%	3 -88%	16 +397%	6 -63%
Free Cash Flow
Free Cash Flow	64 N/A	51 -21%	73 +44%	51 -29%	43 -15%	24 -44%	27 +13%	34 +26%	39 +13%	(3) N/A	(15) -447%	(51) -242%

Duckhorn Portfolio Inc
NYSE:NAPA