Vestas Wind Systems A/S
SIX:VWS

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Vestas Wind Systems A/S Logo
Vestas Wind Systems A/S
SIX:VWS
Watchlist
Price: 230 CHF Market Closed
Market Cap: CHf14.3B

Cash Flow Statement

Cash Flow Statement
Vestas Wind Systems A/S

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Cash Flow Statement
Currency: EUR
Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 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 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Operating Cash Flow
Net Income
(192)
(160)
(100)
(98)
111
131
173
221
291
307
321
352
511
534
512
580
579
(13)
(156)
(134)
156
153
308
61
(166)
(243)
(306)
(421)
(963)
(952)
(1 006)
(918)
(82)
71
227
416
392
446
477
581
685
664
817
920
965
1 090
998
942
894
836
834
759
683
606
512
637
700
595
500
487
771
794
875
701
143
(565)
(760)
(1 023)
(1 572)
(791)
(787)
(612)
78
(13)
(54)
45
494
574
764
941
Depreciation & Amortization
125
0
0
0
128
0
0
0
136
0
0
0
136
0
0
0
218
0
0
0
374
0
0
0
365
0
0
0
996
0
0
0
402
0
0
0
377
0
0
0
305
0
0
0
405
0
0
0
421
0
0
0
458
0
0
0
546
0
0
0
684
0
0
0
982
0
0
0
1 088
0
0
0
789
0
0
0
864
0
0
0
Stock-Based Compensation
0
0
0
0
0
0
0
0
3
0
0
0
3
0
0
0
2
0
0
0
6
0
0
0
0
0
0
0
14
1
3
4
6
6
5
6
5
5
7
6
8
9
9
11
12
12
13
15
18
19
19
25
18
17
22
15
25
29
21
17
16
14
13
18
13
11
13
7
7
8
12
10
34
24
31
37
28
33
29
37
Other Non-Cash Items
111
269
330
353
130
243
254
267
212
351
299
273
122
241
285
382
243
352
152
283
37
482
679
431
1
372
382
564
349
1 313
1 361
1 311
275
515
477
417
299
315
331
447
298
645
764
860
681
1 161
1 192
1 132
424
655
623
614
258
873
779
728
285
745
955
1 132
10
833
541
635
16
1 368
1 377
1 181
625
1 447
1 681
1 777
388
957
961
1 156
518
1 756
1 611
1 359
Cash Taxes Paid
41
46
31
67
91
101
121
111
128
139
145
162
148
144
147
113
114
177
108
124
131
49
107
95
69
94
114
107
97
85
68
54
57
51
57
86
148
118
106
98
184
215
142
172
212
315
389
351
262
259
260
283
195
140
159
170
251
298
292
288
219
175
156
74
174
179
183
262
144
91
107
111
261
286
287
331
245
229
316
284
Cash Interest Paid
48
0
0
0
50
0
0
0
19
0
0
0
9
0
0
0
31
0
0
0
49
0
0
0
60
0
0
0
92
0
0
0
124
0
0
0
62
0
0
0
43
0
0
0
71
0
0
0
33
0
0
0
27
0
0
0
47
0
0
0
40
0
0
0
39
0
0
0
37
0
0
0
205
0
0
0
124
0
0
0
Change in Working Capital
104
120
58
94
229
235
190
236
62
(69)
143
99
(492)
(569)
(993)
(1 238)
(1 074)
(576)
(362)
(148)
(511)
(448)
(365)
175
640
774
439
(137)
(455)
(253)
276
444
653
727
382
320
58
155
336
182
184
(160)
(268)
(436)
130
40
(367)
(199)
(114)
(330)
(306)
(607)
(378)
(690)
(350)
(8)
(708)
(577)
(741)
(568)
(722)
(870)
(366)
(461)
(185)
(29)
(375)
(1 043)
(336)
(897)
(899)
(587)
(228)
302
1 122
948
456
785
29
855
Cash from Operating Activities
148
N/A
229
+55%
288
+26%
349
+21%
598
+71%
609
+2%
616
+1%
724
+17%
701
-3%
589
-16%
763
+30%
724
-5%
277
-62%
206
-26%
(196)
N/A
(276)
-41%
(34)
+88%
(237)
-597%
(366)
-54%
1
N/A
56
+5 500%
187
+234%
622
+233%
667
+7%
840
+26%
903
+8%
515
-43%
6
-99%
(73)
N/A
108
N/A
631
+484%
837
+33%
1 248
+49%
1 313
+5%
1 086
-17%
1 153
+6%
1 126
-2%
1 293
+15%
1 521
+18%
1 587
+4%
1 472
-7%
1 149
-22%
1 313
+14%
1 344
+2%
2 181
+62%
2 291
+5%
1 823
-20%
1 875
+3%
1 625
-13%
1 161
-29%
1 151
-1%
766
-33%
1 021
+33%
789
-23%
941
+19%
1 357
+44%
823
-39%
763
-7%
714
-6%
1 051
+47%
743
-29%
757
+2%
1 050
+39%
875
-17%
956
+9%
774
-19%
242
-69%
(885)
N/A
(195)
+78%
(241)
-24%
(5)
+98%
578
N/A
1 027
+78%
1 246
+21%
2 029
+63%
2 149
+6%
2 332
+9%
3 115
+34%
2 404
-23%
3 155
+31%
Investing Cash Flow
Capital Expenditures
(145)
(47)
(43)
(39)
(188)
(42)
(53)
(64)
(347)
(88)
(106)
(117)
(678)
(191)
(207)
(237)
(833)
(251)
(270)
(293)
(786)
(343)
(351)
(328)
(733)
(301)
(271)
(234)
(336)
(317)
(333)
(359)
(262)
(292)
(285)
(300)
(278)
(273)
(295)
(307)
(368)
(406)
(430)
(464)
(489)
(474)
(487)
(508)
(491)
(525)
(537)
(559)
(607)
(663)
(716)
(733)
(776)
(762)
(738)
(706)
(688)
(694)
(732)
(806)
(836)
(865)
(849)
(824)
(819)
(794)
(804)
(841)
(892)
(920)
(1 013)
(1 058)
(1 155)
(1 264)
(1 270)
(1 272)
Other Items
8
(98)
(98)
(130)
44
(118)
(165)
(161)
30
(261)
(288)
(381)
(2)
(594)
(702)
(697)
25
(521)
(444)
(405)
(3)
(461)
(440)
(412)
(28)
(387)
(304)
(250)
50
85
113
131
23
24
26
23
(7)
(9)
(11)
(12)
(57)
(138)
(131)
(131)
(328)
(149)
(156)
(149)
84
(78)
(336)
(502)
(483)
(438)
21
267
285
307
307
220
421
242
58
145
(63)
115
84
157
140
199
244
103
110
34
(47)
(167)
(186)
(181)
(134)
(61)
Cash from Investing Activities
(137)
N/A
(145)
-6%
(140)
+3%
(169)
-21%
(144)
+15%
(160)
-11%
(218)
-37%
(225)
-3%
(317)
-41%
(349)
-10%
(394)
-13%
(498)
-26%
(680)
-37%
(785)
-15%
(909)
-16%
(934)
-3%
(808)
+13%
(772)
+4%
(714)
+8%
(698)
+2%
(789)
-13%
(804)
-2%
(791)
+2%
(740)
+6%
(761)
-3%
(688)
+10%
(575)
+16%
(484)
+16%
(286)
+41%
(232)
+19%
(220)
+5%
(228)
-4%
(239)
-5%
(268)
-12%
(259)
+3%
(277)
-7%
(285)
-3%
(282)
+1%
(306)
-9%
(319)
-4%
(425)
-33%
(544)
-28%
(561)
-3%
(595)
-6%
(817)
-37%
(623)
+24%
(643)
-3%
(657)
-2%
(407)
+38%
(603)
-48%
(873)
-45%
(1 061)
-22%
(1 090)
-3%
(1 101)
-1%
(695)
+37%
(466)
+33%
(491)
-5%
(455)
+7%
(431)
+5%
(486)
-13%
(267)
+45%
(452)
-69%
(674)
-49%
(661)
+2%
(899)
-36%
(750)
+17%
(765)
-2%
(667)
+13%
(679)
-2%
(595)
+12%
(560)
+6%
(738)
-32%
(782)
-6%
(886)
-13%
(1 060)
-20%
(1 225)
-16%
(1 341)
-9%
(1 445)
-8%
(1 404)
+3%
(1 333)
+5%
Financing Cash Flow
Net Issuance of Common Stock
0
0
183
183
183
0
(29)
(30)
(30)
(30)
(1)
0
0
(1)
791
791
791
792
0
0
0
(7)
(17)
(17)
(17)
(10)
0
0
0
0
0
(7)
(7)
407
382
389
389
(18)
12
(3)
(136)
(138)
(160)
(267)
(406)
(466)
(491)
(546)
(696)
(736)
(800)
(714)
(402)
(307)
(201)
(110)
(201)
0
0
0
0
0
(12)
(12)
(12)
0
0
0
0
0
(11)
(11)
(11)
0
(40)
(40)
(40)
(140)
(132)
(132)
Net Issuance of Debt
(46)
(79)
(118)
(90)
(283)
(251)
(213)
(240)
(24)
(54)
(68)
(67)
(91)
266
30
253
284
495
995
547
568
338
163
230
4
(44)
404
642
832
281
(514)
(661)
(1 143)
(827)
(553)
(486)
0
(111)
(111)
(115)
(108)
(4)
(8)
(4)
(4)
0
0
0
0
0
0
0
0
19
41
58
31
54
50
(5)
(25)
(376)
(409)
(452)
(453)
350
325
841
896
838
803
802
754
282
246
(331)
(438)
(417)
(371)
(291)
Cash Paid for Dividends
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
0
0
0
0
0
0
(116)
(116)
(116)
0
(201)
(201)
(201)
0
(278)
(278)
(278)
0
(250)
(250)
(250)
0
53
53
(197)
0
(208)
(208)
(209)
0
(229)
(229)
(228)
0
(50)
(50)
(50)
0
0
0
0
0
0
0
0
0
(74)
(74)
Other
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
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4
13
13
0
(4)
(13)
0
0
0
0
0
0
0
(22)
(22)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Cash from Financing Activities
(46)
N/A
(79)
-70%
64
N/A
93
+44%
(100)
N/A
(68)
+32%
(242)
-256%
(269)
-11%
(54)
+80%
(84)
-56%
(69)
+18%
(67)
+3%
(91)
-36%
265
N/A
821
+210%
1 044
+27%
1 075
+3%
1 287
+20%
995
-23%
547
-45%
568
+4%
331
-42%
146
-56%
213
+46%
(13)
N/A
(54)
-315%
404
N/A
642
+59%
832
+30%
281
-66%
(514)
N/A
(668)
-30%
(1 150)
-72%
(420)
+63%
(171)
+59%
(97)
+43%
389
N/A
(129)
N/A
(215)
-67%
(234)
-9%
(360)
-54%
(258)
+28%
(369)
-43%
(472)
-28%
(611)
-29%
(671)
-10%
(769)
-15%
(824)
-7%
(974)
-18%
(1 014)
-4%
(1 046)
-3%
(951)
+9%
(639)
+33%
(525)
+18%
(348)
+34%
(249)
+28%
(367)
-47%
(344)
+6%
(359)
-4%
(414)
-15%
(234)
+43%
(585)
-150%
(650)
-11%
(715)
-10%
(715)
N/A
88
N/A
253
+188%
791
+213%
846
+7%
788
-7%
792
+1%
791
0%
743
-6%
271
-64%
206
-24%
(371)
N/A
(478)
-29%
(557)
-17%
(577)
-4%
(497)
+14%
Change in Cash
Effect of Foreign Exchange Rates
11
7
3
(1)
0
(0)
(1)
(5)
(10)
(36)
(27)
(7)
(50)
(10)
(4)
(34)
27
22
28
31
18
28
11
(17)
(28)
(55)
(16)
25
4
2
(43)
(43)
(16)
(4)
12
66
94
215
155
56
64
(74)
(12)
31
32
33
(62)
(104)
(141)
(130)
(60)
(28)
(27)
(10)
(3)
9
5
(53)
(53)
(78)
(67)
(8)
4
27
15
12
24
22
(14)
(46)
(73)
(74)
(48)
(44)
(43)
(52)
(14)
0
(3)
10
Net Change in Cash
(24)
N/A
12
N/A
215
+1 633%
272
+26%
353
+30%
381
+8%
155
-59%
224
+44%
320
+43%
120
-63%
273
+127%
152
-44%
(544)
N/A
(324)
+40%
(288)
+11%
(200)
+31%
260
N/A
300
+15%
(57)
N/A
(119)
-109%
(147)
-24%
(258)
-76%
(12)
+95%
123
N/A
38
-69%
106
+179%
328
+209%
189
-42%
477
+152%
159
-67%
(146)
N/A
(102)
+30%
(157)
-54%
621
N/A
668
+8%
845
+26%
1 324
+57%
1 097
-17%
1 155
+5%
1 090
-6%
751
-31%
273
-64%
371
+36%
308
-17%
785
+155%
1 030
+31%
349
-66%
290
-17%
103
-64%
(586)
N/A
(828)
-41%
(1 274)
-54%
(735)
+42%
(847)
-15%
(105)
+88%
651
N/A
(30)
N/A
(89)
-197%
(129)
-45%
73
N/A
175
+140%
(288)
N/A
(270)
+6%
(474)
-76%
(643)
-36%
124
N/A
(246)
N/A
(739)
-200%
(42)
+94%
(94)
-124%
154
N/A
557
+262%
940
+69%
587
-38%
1 132
+93%
501
-56%
499
0%
1 113
+123%
420
-62%
1 335
+218%
Free Cash Flow
Free Cash Flow
3
N/A
182
+5 784%
245
+34%
310
+27%
409
+32%
567
+39%
564
-1%
659
+17%
354
-46%
501
+42%
657
+31%
607
-8%
(401)
N/A
15
N/A
(403)
N/A
(513)
-27%
(867)
-69%
(488)
+44%
(636)
-30%
(292)
+54%
(730)
-150%
(156)
+79%
271
N/A
339
+25%
107
-68%
602
+463%
244
-59%
(228)
N/A
(409)
-79%
(209)
+49%
298
N/A
478
+60%
986
+106%
1 021
+4%
801
-22%
853
+6%
848
-1%
1 020
+20%
1 226
+20%
1 280
+4%
1 104
-14%
743
-33%
883
+19%
880
0%
1 692
+92%
1 817
+7%
1 336
-26%
1 367
+2%
1 134
-17%
636
-44%
614
-3%
207
-66%
414
+100%
126
-70%
225
+79%
624
+177%
47
-92%
1
-98%
(24)
N/A
345
N/A
55
-84%
63
+15%
318
+405%
69
-78%
120
+74%
(91)
N/A
(607)
-567%
(1 709)
-182%
(1 014)
+41%
(1 035)
-2%
(809)
+22%
(263)
+67%
135
N/A
326
+141%
1 016
+212%
1 091
+7%
1 177
+8%
1 851
+57%
1 134
-39%
1 883
+66%