AVNT: the cashflow

MyFinsight

For the year ending 2025-12-31, AVNT had -$34,000K decrease in cash & cash equivalents over the period. $195,000K in free cash flow.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-12-31
Net income	83,600
Depreciation and amortization	185,900
Cloud-based enterprise resource planning system impairment	71,600
Deferred income tax benefit	-45,400
Share-based compensation expense	9,100
(increase) decrease in accounts receivable	18,300
Decrease (increase) in inventories	-600
(decrease) increase in accounts payable	-27,600
Decrease in pension, retirement benefits and deferred compensation	-11,300
Increase (decrease) in restructuring obligations	24,900
Taxes paid on gain on sale of business	0
(decrease) increase in environmental obligations	4,800
Decrease (increase) in environmental insurance receivable	-34,000
(decrease) increase in incentive accruals	24,000
Accrued expenses and other assets and liabilities, net	23,300
Net cash provided by operating activities	301,600
Capital expenditures	106,600
Net proceeds from divestiture	0
Proceeds from plant closures	12,900
Other investing activities	3,300
Net cash used by investing activities	-97,000
Proceeds from long-term borrowings	0
Payments on long-term borrowings	150,300
Cash dividends paid	98,800
Payments on withholding tax on share awards	4,100
Debt financing costs	3,900
Net cash used by financing activities	-257,100
Effect of exchange rate changes on cash	18,500
Decrease in cash and cash equivalents	-34,000
Cash and cash equivalents at beginning of period	544,500
Cash and cash equivalents at end of period	510,500

Unit: Thousand (K) dollars