CVI: the cash flow

MyFinsight

For the year ending 2025-12-31, CVI had -$476M decrease in cash & cash equivalents over the period. -$41M in free cash flow.

Cash Flow	2025-12-31
Operating income	182
Interest expense, net	-108
Other income, net	6
Income tax expense (benefit)	-10
Net income	90
Depreciation and amortization	403
Loss on lower of cost or net realizable value adjustments	12
Deferred income taxes and unrecognized tax benefits	-8
Loss (gain) asset write-downs and asset disposals	-7
Unrealized (gain) loss on derivatives, net	4
Share-based compensation	42
Income from equity method investments	4
Return from equity method investment earnings	5
Other items	-10
Accounts receivable	-60
Inventories	-8
Prepaid expenses and other current assets	11
Accounts payable	-143
Deferred revenue	-34
Other current liabilities	-289
Net cash provided by operating activities	144
Capital expenditures	185
Turnaround expenditures	197
Insurance proceeds related to asset damages	3
Proceeds from sale of investments and assets	10
Return of equity method investment	7
Net cash used in investing activities	-362
Principal payments on term loan	168
Proceeds from issuance of long-term debt	0
Principal payments on senior secured notes	0
Dividends to cvr energys stockholders	0
Distributions to cvr partners noncontrolling interest holders	80
Other financing activities	-10
Net cash used in financing activities	-258
Net (decrease) increase in cash, cash equivalents, reserved funds and restricted cash	-476
Cash and cash equivalents at beginning of period	987
Cash and cash equivalents at end of period	511

Unit: Million (M) dollars (except for numbers of shares and EPS).