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 916.90M.

All amounts in GBP

Operating Cash
Capital Expenditure
Free Cash Flow

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 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Net Income 474.4M 442.8M 430M 349.2M
Depreciation 309.1M 269.3M 261.8M 259.9M
Change To Netincome 104.8M 10.5M 83.1M 48.5M
Change To Account Receivables -13M -10.7M -81M 38.9M
Change To Liabilities 186.2M 45.7M 278.5M -49.8M
Change To Inventory -118.7M -32.9M -192.5M 15.2M
Total Cash From Operating Activities 951.6M 733.1M 790.2M 669.3M
Capital Expenditures -34.7M -24.8M -24.4M -27.1M
Other Cashflows From Investing Activities 16.2M 8.7M 15.1M 9.8M
Total Cashflows From Investing Activities -223.2M -458M -380M -162.6M
Dividends Paid -190.5M -180.4M -171.5M -167.3M
Net Borrowings 61.5M -259M 173.9M -226.5M
Other Cashflows From Financing Activities -170.1M -38.8M -116.2M -70.7M
Total Cash From Financing Activities -331M -458.7M -122.2M -492.2M
Effect Of Exchange Rate 55.4M -20.8M 900k -17.9M
Change In Cash 452.8M -204.4M 288.9M -3.4M
Repurchase Of Stock -74M -34.2M -49.1M -49.2M
Issuance Of Stock 42.1M 53.7M 40.7M 21.5M