Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company’s ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow (FCF).

BNZL Free Cash Flow Analysis

Free cash flow, a measure commonly used by analysts to assess a company's profitability, represents the cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

The Free Cash Flow is calculated using a number of methods including using Operating Cash Flow. Following is the formula to calculate Free Cash Flow based on Operating Cash Flow.

Free Cash Flow = Operating Cash Flow - Capital Expenditures

Using above formula to calculate Free Cash Flow for Bunzl plc (BNZL), the free cash flow value is 708.30M.

All amounts in GBP

Operating Cash
733.1M
Capital Expenditure
-24.8M
Free Cash Flow
708.30M

Bunzl plc has a positive free cash flow as per the latest annual Cash flow statement released by the company. Positive free cash flow is cruscial for the financial health of a company, which can be used to pay dividends, expand operations, and deleverage its balance sheet (i.e., reduce debt).

BNZL Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Bunzl plc (LSE:BNZL).

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income442.8M430M349.2M326.5M
Depreciation269.3M261.8M259.9M135.6M
Change To Netincome10.5M83.1M48.5M48.5M
Change To Account Receivables-10.7M-81M38.9M-44.6M
Change To Liabilities45.7M278.5M-49.8M102.5M
Change To Inventory-32.9M-192.5M15.2M-96.6M
Total Cash From Operating Activities733.1M790.2M669.3M480M
Capital Expenditures-24.8M-24.4M-27.1M-21.9M
Other Cashflows From Investing Activities8.7M15.1M9.8M2M
Total Cashflows From Investing Activities-458M-380M-162.6M-141.8M
Dividends Paid-180.4M-171.5M-167.3M-152.2M
Net Borrowings-259M173.9M-226.5M-156.9M
Other Cashflows From Financing Activities-38.8M-116.2M-70.7M-47.8M
Total Cash From Financing Activities-458.7M-122.2M-492.2M-306.9M
Effect Of Exchange Rate-20.8M900k-17.9M600k
Change In Cash-204.4M288.9M-3.4M31.9M
Repurchase Of Stock-34.2M-49.1M-49.2M-49.2M
Issuance Of Stock53.7M40.7M21.5M50M