Axalta Coating Systems Ltd.
Axalta Coating Systems Ltd., through its subsidiaries, manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It operates through two segments, Perf…
Chemicals - Specialty
US, Glen Mills [HQ]
Cash Flow Statements
13 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Cash Flow (OCF) | 236.00 | 388.00 | 376.00 | 251.00 | 399.00 | 559.00 | 540.00 | 496.00 | 573.00 | 509.00 | 558.00 | 293.00 | 575.00 | |
| Operating Cash (Net) | 236.00 | 388.00 | 376.00 | 251.00 | 399.00 | 559.00 | 540.00 | 496.00 | 573.00 | 509.00 | 558.00 | 293.00 | 575.00 | |
| Accounts Receivable | -5.00 | -58.00 | -6.00 | -40.00 | -61.00 | -67.00 | -15.00 | -22.00 | -10.00 | -116.00 | -80.00 | -171.00 | -119.00 | |
| Accounts Payable | 10.00 | 54.00 | 67.00 | 53.00 | -6.00 | 32.00 | 39.00 | 49.00 | 18.00 | 103.00 | 140.00 | 138.00 | 9.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -60.00 | 13.00 | 199.00 | -138.00 | -191.00 | -54.00 | -86.00 | -154.00 | -85.00 | 58.00 | -45.00 | -264.00 | -53.00 | |
| Other WC | -71.00 | 11.00 | 104.00 | -127.00 | -88.00 | -17.00 | -90.00 | -133.00 | -104.00 | 31.00 | 6.00 | -36.00 | 6.00 | |
| Investing Activities | ||||||||||||||
| Used Cash (Net) | -116.00 | -88.00 | -5,011.00 | -178.00 | -164.00 | -257.00 | -689.00 | -216.00 | -93.00 | -61.00 | -716.00 | -106.00 | -205.00 | |
| Capital Expenditure | -124.00 | -94.00 | -107.00 | -188.00 | -138.00 | -136.00 | -125.00 | -143.00 | -112.00 | -82.00 | -121.00 | -150.00 | -137.00 | |
| Purchases of Investments | - - | - - | -22.00 | -6.00 | - - | - - | - - | 9.00 | - - | - - | - - | - - | 9.00 | |
| Sale/Maturity of Investment | - - | - - | -54.00 | 6.00 | - - | - - | - - | 22.00 | - - | - - | - - | 25.00 | 29.00 | |
| Property, Plant, Equipment (P&PE) | -124.00 | -94.00 | -107.00 | -188.00 | -138.00 | -136.00 | -125.00 | -143.00 | -112.00 | -82.00 | -121.00 | -150.00 | -137.00 | |
| Acquisitions (Net) | - - | - - | -4,827.00 | -6.00 | -28.00 | -114.00 | -568.00 | -109.00 | 4.00 | 3.00 | -649.00 | -3.00 | -106.00 | |
| Other Investing Activities | 7.00 | 6.00 | - - | 16.00 | 2.00 | -6.00 | 4.00 | 5.00 | 13.00 | 17.00 | 54.00 | 22.00 | - - | |
| Financing Activities | ||||||||||||||
| Used Cash (Net) | -125.00 | -290.00 | -5,098.00 | -123.00 | -74.00 | -232.00 | -367.00 | -341.00 | -158.00 | -130.00 | -334.00 | -368.00 | -315.00 | |
| Debt Repayment | - - | - - | -46.00 | -154.00 | -144.00 | -1,764.00 | -64.00 | -556.00 | -27.00 | -1,262.00 | -100.00 | -2,133.00 | -954.00 | |
| Dividends Paid | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Common Stock
|
- - | - - | - - | -34 | - - | - - | 569 | 741 | 155 | 26 | 258 | 200 | 50 | |
| Issued | - - | - - | 1,355.00 | 2.00 | 62.00 | 16.00 | 511.00 | 487.00 | 50.00 | - - | 14.00 | - - | - - | |
| Repurchased | - - | - - | - - | 36.00 | - - | - - | -58.00 | -253.00 | -105.00 | -26.00 | -243.00 | -200.00 | -50.00 | |
| Other Financing Activities | -124.00 | -289.00 | 3,789.00 | -5.00 | 74.00 | 1,534.00 | -18.00 | -17.00 | -25.00 | 1,157.00 | 10.00 | 1,964.00 | 689.00 | |
| Cash Balances | ||||||||||||||
| Begin of Period | 21.00 | 18.00 | - - | 459.00 | 382.00 | 487.00 | 538.00 | 772.00 | 696.00 | 1,020.00 | 1,364.00 | 851.00 | 654.00 | |
| End of Period | 18.00 | 28.00 | 459.00 | 382.00 | 485.00 | 538.00 | 772.00 | 696.00 | 1,020.00 | 1,364.00 | 851.00 | 654.00 | 703.00 | |
| Change | -3.00 | 9.00 | 459.00 | -77.00 | 102.00 | 50.00 | 234.00 | -76.00 | 324.00 | 343.00 | -512.00 | -196.00 | 48.00 | |
| Non-Cash Balances | ||||||||||||||
| Depreciation and Amortization | 108.00 | 110.00 | 300.00 | 308.00 | 307.00 | 322.00 | 347.00 | 369.00 | 353.00 | 320.00 | 316.00 | 303.00 | 275.00 | |
| Stock Based Compensation | - - | - - | 7.00 | 8.00 | 30.00 | 41.00 | 38.00 | - - | 15.00 | 15.00 | 14.00 | 22.00 | 26.00 | |
| Other | -1.00 | 7.00 | 209.00 | 76.00 | 159.00 | 217.00 | 100.00 | 24.00 | 21.00 | 49.00 | -6.00 | 44.00 | 66.00 | |
| Highlighted metrics | ||||||||||||||
| Free Cash Flow (FCF) | 111.00 | 294.00 | 269.00 | 62.00 | 261.00 | 423.00 | 415.00 | 352.00 | 460.00 | 427.00 | 437.00 | 142.00 | 437.00 | |
| Cash Conversion Cycle (CCC) | - - | 79.00 | 95.00 | 73.00 | 78.00 | 79.00 | 79.00 | 77.00 | 81.00 | 84.00 | 78.00 | 89.00 | 96.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
||||||||||||||
| Forex Effect on Cash | 2.00 | - - | -4.00 | -26.00 | -57.00 | -19.00 | 17.00 | -15.00 | 3.00 | 26.00 | -20.00 | -14.00 | -6.00 |