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).

RBD 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 Restaurant Brands New Zealand Limited (RBD), the free cash flow value is 31.08M.

All amounts in NZD

Operating Cash
Capital Expenditure
Free Cash Flow

Restaurant Brands New Zealand Limited 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).

RBD Cash Flow Statement History

Following table shows the history of Cash Flow Statements sheet for Restaurant Brands New Zealand Limited (NZX:RBD).

31 Dec 2022 31 Dec 2021 31 Dec 2020 31 Dec 2019
Net Income 32.08M 51.88M 30.64M 36.11M
Depreciation 94.31M 84.08M 69.02M 60.38M
Change To Netincome -3.96M -8.59M -2.57M -750k
Change To Account Receivables 1.26M 1.09M -74k 774k
Change To Liabilities 3.3M 7.6M 15.97M 9.15M
Change To Inventory -2.65M -5.53M -3.63M -2.6M
Total Cash From Operating Activities 121.59M 126.38M 111.16M 105.15M
Capital Expenditures -90.52M -82.56M -58.59M -65.73M
Total Cashflows From Investing Activities -91.57M -109.57M -177.28M -71.6M
Dividends Paid -39.92M -39.92M -39.92M -39.92M
Net Borrowings -5.61M -10.06M 73.61M -9.83M
Total Cash From Financing Activities -45.53M -10.06M 73.61M -9.83M
Effect Of Exchange Rate 220k 1.48M -6.93M 201.6k
Change In Cash -15.29M 9.49M 701k 23.92M