British American Tobacco p.l.c. (BTI) quarterly cash flow statement — complete operating, investing & financing history
| Cash from Operations | 3.42B | 2.31B | 3.48B | 3.17B | 7.34B | 3.38B | 7.17B | 1.61B | 6.76B | 1.51B | 5.43B | 2.67B |
| Operating CF Margin % | 25.29% | 19.13% | 25.73% | 25.65% | 53.02% | 25.11% | 48.51% | 12.51% | 50.01% | 12.44% | 40.19% | 21.76% |
| Operating CF Growth % | -1.59% | -27.05% | -52.58% | -6.22% | 2.31% | 109.56% | 6.17% | 6.3% | 24.49% | -43.26% | -8.68% | 74.28% |
| Net Income | 3.25B | 4.51B | -1.42B | 4.49B | -14.19B | 3.96B | 4.81B | 929.5M | 3.54B | 3.25B | 2.94B | 3.46B |
| Depreciation & Amortization | 966M | 1.12B | 614M | 810M | 369M | 480M | 306M | 264M | 553M | 477M | 571M | 519M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 74M | 0 | 0 | 0 | 0 | 0 | 91M | 0 |
| Deferred Taxes | 0 | 0 | 980M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 653.74M | -1.33B | -579.5M | -76M | 19.93B | 1.21B | 1.05B | 873M | 227M | 2.12B | 561M | 2.28B |
| Working Capital Changes | -1.45B | -1.99B | 3.89B | -2.06B | 1.16B | -2.27B | 1.01B | -456M | 2.08B | -2.14B | 1.71B | -1.6B |
| Change in Receivables | -294M | -1M | -500K | -268M | -62M | -425M | -83M | 20.5M | -68M | -325M | 668M | -368M |
| Change in Inventory | 808M | -696M | 641M | -606M | 622M | -357M | 191M | -218.5M | 1.03B | -600M | 430M | -574M |
| Change in Payables | 0 | 0 | -642M | 0 | 0 | 694M | 174M | -84M | 497M | -314M | -316M | -4M |
| Cash from Investing | 266.71M | 1.01B | -58M | 2.7B | -337M | 41M | -497M | -104M | -767M | -405M | -580M | -234M |
| Capital Expenditures | -448M | -103M | -370M | -116M | -350M | -110M | -424M | -49.5M | -570M | -175M | -587M | -168M |
| CapEx % of Revenue | 3.31% | 0.85% | 2.74% | 0.94% | 2.53% | 0.82% | 2.87% | 0.38% | 4.22% | 1.44% | 4.35% | 1.37% |
| Acquisitions | 1.04B | -2.59M | 2.13B | 32.88M | 240.3M | -32M | -32M | 7M | -88M | -111M | 80M | 20M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.42M | 1.11B | 13M | 2.81B | 13M | 151M | -73M | -54.5M | -351M | -262M | -161M | -111M |
| Cash from Financing | -3.95B | -4.12B | -7.27B | -3.36B | -6.29B | -3.02B | -6.49B | -1.19B | -6.24B | -1.03B | -6.05B | -131M |
| Debt Issued (Net) | -603.26M | 410M | -4.16B | 1.74B | -3.29B | 2.01B | -3.7B | 2.08B | -5.7B | 1.83B | -3.2B | 2.39B |
| Equity Issued (Net) | -674.01M | -511M | 126M | -918M | -2.2M | -220M | -1.51B | -1.34B | 1.68B | -82M | -1M | -17M |
| Dividends Paid | -2.68B | -2.61B | -1.33B | -2.6B | -2.63B | -4.96B | -4.88B | -1.24B | -2.46B | -2.44B | -2.4B | -2.35B |
| Share Repurchases | -674.01M | -511M | 126M | -918M | -2.2M | -220M | -1.51B | -1.34B | 2.14M | -82M | -1M | -17M |
| Other Financing | 8.22M | -1.41B | -1.91B | -1.57B | -3.66B | 147M | -3.6B | 542.5M | -993.5M | -335M | -1.65B | -161M |
| Net Change in Cash | -658.68M | 4.16B | -830M | 5.69B | 978M | 235M | -122M | 759M | -205M | -125M | -1.65B | 2.26B |
| Free Cash Flow | 3.58B | 2.21B | 6.47B | 3.05B | 6.99B | 3.27B | 6.75B | 1.56B | 6.19B | 1.34B | 4.84B | 2.5B |
| FCF Margin % | 26.48% | 18.28% | 47.82% | 24.71% | 50.49% | 24.29% | 45.64% | 12.13% | 45.79% | 11.01% | 35.84% | 20.39% |
| FCF Growth % | -44.57% | -27.65% | -7.45% | -6.62% | 3.56% | 109.16% | 9.1% | 16.49% | 27.81% | -46.44% | -9.74% | 92.76% |
| FCF per Share | 1.63 | 1.00 | 2.94 | 1.37 | 3.13 | 1.46 | 2.98 | 0.69 | 2.69 | 0.58 | 2.11 | 1.09 |
| FCF Conversion (FCF/Net Income) | 1.05x | 0.51x | -2.44x | 0.70x | -0.40x | 0.85x | 1.49x | 0.87x | 1.91x | 0.47x | 1.84x | 0.77x |
| Interest Paid | 771M | 900M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |