BAE Systems plc
BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Cyber & Intelligence, Platforms & Services (US), Air, and Maritime. The Electronic Systems segment offers elect…
Aerospace & Defense
GB, Farnborough [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million GBP. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 1,633.00 | 962.00 | 482.00 | 2,173.00 | -110.00 | 669.00 | 628.00 | 1,229.00 | 1,897.00 | 1,200.00 | 1,597.00 | 1,166.00 | 2,447.00 | 2,839.00 | 3,664.00 | |
| Operating Cash (Net) | 1,633.00 | 962.00 | 482.00 | 2,173.00 | -110.00 | 669.00 | 628.00 | 1,229.00 | 1,897.00 | 1,200.00 | 1,597.00 | 1,166.00 | 2,447.00 | 2,839.00 | 3,664.00 | |
| Accounts Receivable | - - | - - | - - | - - | -275.00 | 197.00 | 60.00 | -93.00 | -397.00 | -757.00 | -481.00 | -122.00 | 610.00 | -1,069.00 | -287.00 | |
| Accounts Payable | - - | - - | - - | - - | - - | - - | -542.00 | -263.00 | 454.00 | 530.00 | 258.00 | 122.00 | -615.00 | 1,485.00 | 1,635.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 543.00 | -461.00 | -1,011.00 | 1,384.00 | -1,637.00 | -426.00 | -488.00 | -261.00 | -24.00 | -243.00 | -299.00 | 146.00 | 49.00 | 323.00 | 1,125.00 | |
| Other WC | 537.00 | -779.00 | -926.00 | 1,378.00 | -1,602.00 | -425.00 | -482.00 | -356.00 | 5.00 | -227.00 | - - | 122.00 | 20.00 | - - | - - | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -811.00 | -373.00 | -135.00 | -80.00 | -43.00 | 55.00 | -220.00 | -606.00 | -360.00 | -341.00 | -232.00 | -2,037.00 | 66.00 | -422.00 | -801.00 | |
| Capital Expenditure | -525.00 | -427.00 | -383.00 | -402.00 | -269.00 | -322.00 | -413.00 | -490.00 | -476.00 | -497.00 | -470.00 | -477.00 | -462.00 | -693.00 | -957.00 | |
| Purchases of Investments | - - | -9.00 | -1.00 | -6.00 | -5.00 | -2.00 | -8.00 | -5.00 | -3.00 | -2.00 | -6.00 | -2.00 | -15.00 | -8.00 | - - | |
| Sale/Maturity of Investment | - - | 93.00 | 157.00 | - - | - - | - - | 1.00 | - - | 1.00 | -23.00 | 116.00 | 19.00 | 255.00 | 7.00 | - - | |
| Property, Plant, Equipment (P&PE) | -525.00 | -427.00 | -383.00 | -402.00 | -269.00 | -322.00 | -413.00 | -490.00 | -476.00 | -497.00 | -470.00 | -477.00 | -462.00 | -693.00 | -957.00 | |
| Acquisitions (Net) | -253.00 | -179.00 | -408.00 | 90.00 | -1.00 | -232.00 | 8.00 | 1.00 | -14.00 | 30.00 | -18.00 | -1,708.00 | -33.00 | -38.00 | -3.00 | |
| Other Investing Activities | -33.00 | 149.00 | 500.00 | 195.00 | 199.00 | 552.00 | 276.00 | -194.00 | 90.00 | 151.00 | 146.00 | 131.00 | 321.00 | 310.00 | 159.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -240.00 | -1,504.00 | -1,019.00 | -880.00 | -918.00 | -638.00 | -189.00 | -465.00 | -995.00 | -932.00 | -1,962.00 | -973.00 | -2,256.00 | -2,333.00 | -1,832.00 | |
| Debt Repayment | -133.00 | -1,576.00 | -2,541.00 | -1,975.00 | - - | -398.00 | -1,135.00 | -286.00 | - - | -7.00 | -782.00 | -506.00 | -367.00 | -400.00 | -162.00 | |
| Dividends Paid | -534.00 | -574.00 | -606.00 | -620.00 | -638.00 | -642.00 | -655.00 | -670.00 | -684.00 | -703.00 | -724.00 | -746.00 | -777.00 | -802.00 | -857.00 | |
|
Common Stock
|
30 | 532 | 3,180 | 1,868 | 212 | 946 | -1,584 | 27 | 1 | 232 | - - | -2,130 | -298 | 117 | 269 | |
| Issued | 5.00 | 6.00 | 2,671.00 | 1,852.00 | - - | 665.00 | 1.00 | 3.00 | - - | 1.00 | - - | 27.00 | -666.00 | -671.00 | -292.00 | |
| Repurchased | -25.00 | -526.00 | -509.00 | -16.00 | -212.00 | -281.00 | 1,585.00 | -24.00 | -1.00 | -231.00 | - - | 2,157.00 | -368.00 | -788.00 | -561.00 | |
| Other Financing Activities | 927.00 | 1,166.00 | 2,637.00 | 1,731.00 | -68.00 | 683.00 | 1,600.00 | 488.00 | -310.00 | 8.00 | -456.00 | 41.00 | -78.00 | 328.00 | 40.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 2,605.00 | 3,678.00 | 2,802.00 | 2,136.00 | 3,334.00 | 2,222.00 | 2,313.00 | 2,537.00 | 2,771.00 | 3,264.00 | 3,232.00 | 2,587.00 | 2,667.00 | 2,917.00 | 3,107.00 | |
| End of Period | 3,678.00 | 2,802.00 | 2,136.00 | 3,334.00 | 2,222.00 | 2,313.00 | 2,537.00 | 2,771.00 | 3,264.00 | 3,232.00 | 2,587.00 | 2,667.00 | 2,917.00 | 3,107.00 | 4,067.00 | |
| Change | 1,073.00 | -876.00 | -666.00 | 1,198.00 | -1,112.00 | 91.00 | 224.00 | 234.00 | 493.00 | -32.00 | -645.00 | 80.00 | 250.00 | 190.00 | 960.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 1,600.00 | 899.00 | 751.00 | 669.00 | 1,397.00 | 657.00 | 460.00 | 345.00 | 728.00 | 411.00 | 660.00 | 675.00 | 720.00 | 767.00 | 782.00 | |
| Stock Based Compensation | 52.00 | 58.00 | 68.00 | 57.00 | 49.00 | 42.00 | 44.00 | 55.00 | 61.00 | 64.00 | 74.00 | 74.00 | 92.00 | 101.00 | 110.00 | |
| Other | -1,531.00 | -1,135.00 | -906.00 | -1,016.00 | -95.00 | -356.00 | -331.00 | 152.00 | 248.00 | 354.00 | 261.00 | 306.00 | 263.00 | 228.00 | 124.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 1,108.00 | 535.00 | 99.00 | 1,771.00 | -379.00 | 347.00 | 215.00 | 739.00 | 1,421.00 | 703.00 | 1,127.00 | 689.00 | 1,985.00 | 2,146.00 | 2,707.00 | |
| Cash Conversion Cycle (CCC) | - - | - - | - - | -436.00 | -360.00 | -356.00 | -281.00 | -295.00 | -289.00 | -433.00 | -293.00 | -125.00 | -117.00 | -107.00 | 91.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
||||||||||||||||
| Forex Effect on Cash | 11.00 | 39.00 | 6.00 | -15.00 | -41.00 | 5.00 | 5.00 | 76.00 | -49.00 | 41.00 | -48.00 | -22.00 | -7.00 | 106.00 | -71.00 |