Bechtle AG
Bechtle AG provides information technology (IT) services primarily in Europe. The company operates in two segments, IT System House & Managed Services, and IT E-Commerce. The IT System House & Managed Services segment offers IT strategy consulting, hardw…
Information Technology Services
DE, Neckarsulm [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million EUR. 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) | 46.00 | 59.00 | 55.00 | 56.00 | 73.00 | 55.00 | 115.00 | 53.00 | 54.00 | 140.00 | 185.00 | 316.00 | 284.00 | 116.00 | 450.00 | |
| Operating Cash (Net) | 46.00 | 59.00 | 55.00 | 56.00 | 73.00 | 55.00 | 115.00 | 53.00 | 54.00 | 140.00 | 185.00 | 316.00 | 284.00 | 116.00 | 450.00 | |
| Accounts Receivable | - - | - - | - - | -17.00 | -33.00 | -58.00 | -10.00 | -81.00 | -99.00 | -86.00 | -106.00 | -44.00 | -44.00 | -248.00 | 102.00 | |
| Accounts Payable | - - | - - | - - | - - | - - | - - | 22.00 | 36.00 | -5.00 | 69.00 | 28.00 | 23.00 | 175.00 | 56.00 | -97.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 3.00 | -7.00 | -31.00 | -22.00 | -15.00 | -50.00 | - - | -77.00 | -100.00 | -45.00 | -77.00 | -22.00 | -54.00 | -242.00 | 71.00 | |
| Other WC | 10.00 | 6.00 | -16.00 | -24.00 | 2.00 | -25.00 | 16.00 | -45.00 | -71.00 | -13.00 | 5.00 | 16.00 | 31.00 | 43.00 | -108.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -29.00 | -47.00 | -45.00 | -56.00 | -10.00 | -25.00 | -34.00 | -41.00 | -62.00 | -280.00 | -72.00 | -146.00 | -42.00 | -224.00 | -288.00 | |
| Capital Expenditure | -13.00 | -12.00 | -28.00 | -31.00 | -23.00 | -23.00 | -21.00 | -39.00 | -67.00 | -56.00 | -48.00 | -65.00 | -58.00 | -81.00 | -101.00 | |
| Purchases of Investments | -17.00 | -31.00 | -15.00 | -38.00 | -20.00 | -17.00 | -4.00 | 39.00 | 67.00 | 56.00 | -2.00 | -40.00 | -18.00 | -78.00 | -40.00 | |
| Sale/Maturity of Investment | - - | 6.00 | 12.00 | 16.00 | 36.00 | 17.00 | 11.00 | 19.00 | 10.00 | 7.00 | 5.00 | 5.00 | 40.00 | - - | 60.00 | |
| Property, Plant, Equipment (P&PE) | -13.00 | -12.00 | -28.00 | -31.00 | -23.00 | -23.00 | -21.00 | -39.00 | -67.00 | -56.00 | -48.00 | -65.00 | -58.00 | -81.00 | -101.00 | |
| Acquisitions (Net) | - - | -5.00 | 28.00 | -5.00 | -6.00 | -3.00 | -18.00 | -23.00 | -11.00 | -232.00 | -32.00 | -59.00 | -15.00 | -92.00 | -206.00 | |
| Other Investing Activities | 1.00 | -5.00 | -42.00 | 2.00 | 3.00 | - - | -2.00 | -37.00 | -60.00 | -55.00 | 5.00 | 13.00 | 9.00 | 28.00 | 42.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -17.00 | -7.00 | -2.00 | -17.00 | -35.00 | -29.00 | -25.00 | -36.00 | -33.00 | -221.00 | -89.00 | -77.00 | -179.00 | -100.00 | -43.00 | |
| Debt Repayment | - - | -6.00 | -7.00 | -9.00 | -15.00 | -11.00 | -14.00 | -9.00 | -17.00 | -129.00 | -12.00 | -42.00 | -66.00 | -27.00 | -189.00 | |
| Dividends Paid | -12.00 | -12.00 | -15.00 | -21.00 | -21.00 | -23.00 | -25.00 | -29.00 | -31.00 | -37.00 | -42.00 | -50.00 | -56.00 | -69.00 | -81.00 | |
|
Common Stock
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Issued | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Repurchased | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Other Financing Activities | -5.00 | 11.00 | 20.00 | 12.00 | 1.00 | 4.00 | 14.00 | 2.00 | 82.00 | 388.00 | -34.00 | 15.00 | -55.00 | -3.00 | 315.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 77.00 | 76.00 | 85.00 | 94.00 | 78.00 | 105.00 | 106.00 | 164.00 | 140.00 | 162.00 | 245.00 | 272.00 | 363.00 | 431.00 | 229.00 | |
| End of Period | 76.00 | 85.00 | 94.00 | 78.00 | 105.00 | 106.00 | 164.00 | 140.00 | 162.00 | 245.00 | 272.00 | 363.00 | 431.00 | 229.00 | 435.00 | |
| Change | - - | 9.00 | 9.00 | -16.00 | 27.00 | - - | 58.00 | -24.00 | 21.00 | 82.00 | 26.00 | 90.00 | 68.00 | -202.00 | 206.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | - - | 15.00 | 18.00 | 21.00 | 22.00 | 23.00 | 26.00 | 27.00 | 31.00 | 41.00 | 84.00 | 98.00 | 103.00 | 112.00 | 126.00 | |
| Stock Based Compensation | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Other | - - | -10.00 | -17.00 | -21.00 | -22.00 | -25.00 | -39.00 | -42.00 | -40.00 | -49.00 | -57.00 | -30.00 | -84.00 | -103.00 | -13.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 33.00 | 46.00 | 26.00 | 24.00 | 49.00 | 32.00 | 94.00 | 13.00 | -12.00 | 84.00 | 137.00 | 250.00 | 226.00 | 34.00 | 349.00 | |
| Cash Conversion Cycle (CCC) | -6.00 | 39.00 | 40.00 | 47.00 | 48.00 | 53.00 | 51.00 | 57.00 | 62.00 | 61.00 | 57.00 | 54.00 | 66.00 | 79.00 | 70.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
||||||||||||||||
| Forex Effect on Cash | - - | 4.00 | - - | - - | - - | - - | 2.00 | - - | -3.00 | 1.00 | 2.00 | -1.00 | 6.00 | 5.00 | 1.00 |