DIEBOLD NIXDORF, Inc

Annual Trend FY 2015 FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations ($78.1m) ($585.6m) ($14.5m) $97.5m
Net Income (Loss) Attributable to Parent $73.7m ($33.0m) ($233.1m) ($568.7m) ($341.3m) ($269.1m) ($78.8m) ($581.4m) ($16.5m) $94.6m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $75.4m ($27.0m) ($205.5m) ($566.0m) ($344.6m) ($267.8m) ($78.1m) ($585.6m) ($14.5m) $97.5m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $57.8m ($176.7m) ($233.1m) ($568.7m)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $59.5m ($170.7m) ($205.5m) ($566.0m)
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $143.7m $0 $0
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $15.9m $143.7m $0 $0
Net Income (Loss) Attributable to Noncontrolling Interest $1.7m $6.0m $27.6m $2.7m ($3.3m) $1.3m $700k ($4.2m) $2.0m $2.9m
Depreciation, Depletion and Amortization $64.0m $134.8m $252.2m $258.7m $226.1m $73.7m $46.4m $29.8m $40.1m $127.5m
Amortization $159.3m $153.4m $103.7m $94.4m
Amortization of Debt Issuance Costs ($6.0m) ($39.2m) ($1.1m) ($39.4m) ($12.6m) $45.4m $17.3m $15.5m $1.9m $6.4m
Amortization of Intangible Assets $143.9m
Capitalized Computer Software, Amortization $14.5m $24.4m $34.6m $33.7m $30.6m $27.2m $23.3m $14.1m $3.5m $11.3m
Depreciation $40.7m $61.8m $92.9m $105.3m $82.2m $73.7m $46.4m $29.8m $29.5m $33.1m
Amortization of deferred financing costs into interest expense $13.7m $21.8m $45.4m $17.3m $15.5m $1.9m $6.4m
Amortization Cash Flow $78.2m $69.6m $92.2m
Amortization Of Intangibles $78.2m $69.6m $92.2m
Depreciation Amortization Depletion $149.1m $126.0m $132.3m $127.5m
Deferred Income Tax Expense (Benefit) ($49.3m) ($43.8m) ($40.4m) ($14.5m) $78.4m ($19.5m) ($12.8m) $93.4m ($8.1m) ($48.1m)
Deferred income taxes ($40.1m) ($94.6m) $16.6m ($59.6m) $54.2m ($27.1m) ($12.6m) $92.9m ($34.1m) ($48.1m)
Deferred Income Tax ($12.6m) $92.9m ($34.1m) ($48.1m)
Deferred Tax ($12.6m) $92.9m ($34.1m) ($48.1m)
Share-based Payment Arrangement, Noncash Expense $12.4m $22.2m $33.9m $36.6m $24.0m $14.9m $13.8m $13.4m $9.7m $12.1m
Share-based Payment Arrangement, Expense $12.4m $22.2m $33.9m $36.6m $14.9m $13.8m $13.4m $9.7m $12.1m
Gain (Loss) on Sale of Assets and Asset Impairment Charges ($700k) $0
Goodwill, Impairment Loss $0 $0 $0 $217.5m
Share-based compensation $12.4m $22.2m $33.9m $36.6m $24.0m $14.9m $13.8m $13.4m $9.7m $12.1m
Asset Impairment Charge $1.3m $111.8m $1.9m
Gain (Loss) on Extinguishment of Debt ($7.1m) $0
Gain (Loss) on Disposition of Assets ($300k) ($1.0m) $6.7m ($7.6m) ($11.5m) ($3.1m) $5.1m
Gain (Loss) on Disposition of Other Assets $600k ($300k) ($1.0m) $6.7m ($7.6m) ($11.5m)
Gain (Loss) on Disposition of Property Plant Equipment $1.2m
Income (Loss) from Equity Method Investments $0 $0 $0 ($13.2m) $1.0m $700k $300k $2.2m $2.5m ($3.5m)
Income Tax Expense (Benefit) ($13.7m) ($67.6m) $29.8m $37.2m $116.7m ($1.0m) $27.7m $149.2m $64.3m $24.1m
Interest Expense Nonoperating $155.3m $85.7m
Operating Lease, Expense $109.0m $93.6m $87.3m $75.7m
Other Nonoperating Income (Expense) $3.7m $3.5m $8.8m ($4.0m) ($3.6m) $6.8m $3.4m $2.2m $1.5m $4.0m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $19.7m ($16.4m) $49.4m ($99.6m) ($25.9m)
Increase (Decrease) in Inventories $51.2m ($124.3m) ($17.7m) $5.1m ($104.9m) $14.8m $84.8m $74.5m ($20.9m) ($65.1m)
Increase (Decrease) in Accounts Payable $57.6m ($112.1m) ($6.3m) ($34.5m) ($33.1m) $10.6m $241.4m ($66.5m) ($42.2m) ($68.3m)
Accounts Receivable, Credit Loss Expense (Reversal) $17.8m $19.2m
Proceeds from Stock Options Exercised $3.5m $300k $300k $0 $0
Foreign Currency Transaction Gain (Loss), before Tax ($10.0m) ($2.1m) ($3.9m) ($2.5m) ($5.1m) ($14.4m) ($2.0m) ($7.8m) $13.8m ($44.1m)
Goodwill $161.5m $998.3m $1.1b $827.1m $764.0m $800.4m $743.6m $702.3m $586.4m $642.4m
Inventory Write-down $74.5m $23.8m $0 $0
Nonoperating Income (Expense) ($12.8m) ($78.5m) ($92.1m) ($152.7m) ($202.3m) ($293.5m) ($187.8m) ($226.9m) ($134.8m) ($116.9m)
Operating Expenses $593.4m $881.5m $1.1b $1.3b $1.1b $1.0b $906.3m $969.0m $737.9m $719.2m
Provision for Loan, Lease, and Other Losses $200k $100k
Reorganization items (non-cash) $0 $0 $0 $0
Loss (gain) on foreign currency transactions ($23.5m) $38.8m
Other ($100k) ($13.6m) $3.5m ($9.6m) $6.5m ($12.3m) $0 $3.1m $1.1m ($5.9m)
Trade receivables ($56.4m) $100.9m $23.2m $51.0m $111.5m ($19.7m) $16.4m ($49.4m) $99.6m $25.9m
Inventories ($51.2m) $124.3m $17.7m ($5.1m) $104.9m ($14.8m) ($84.8m) ($74.5m) $20.9m $65.1m
Sales tax and net value added tax ($15.2m) $17.5m ($19.1m) $17.8m
Accounts payable $57.6m ($112.1m) ($6.3m) ($34.5m) ($33.1m) $10.6m $241.4m ($66.5m) ($42.2m) ($68.3m)
Deferred revenue ($14.7m) $61.6m $26.0m ($42.4m) ($54.9m) $20.2m ($9.1m) $140.6m ($34.6m) ($21.4m)
Accrued salaries, wages and commissions ($22.1m) ($13.7m) $38.6m ($1.3m) ($19.4m) ($72.5m) $29.0m $9.4m
Restructuring accrual ($3.5m) $88.0m ($33.5m) $4.2m ($13.5m) $18.0m ($25.4m) $9.4m $5.8m $24.7m
Certain other assets and liabilities ($26.7m) ($67.3m) $2.7m $6.6m $3.2m $14.0m ($56.5m) ($49.8m) ($33.3m) $12.6m
Payments for acquisitions, net of cash acquired ($59.4m) ($884.6m) ($5.6m) ($5.9m) $0 $0 $0 ($24.5m)
Capitalized software development ($31.1m) ($28.7m) ($23.0m) ($24.3m)
Payment of Exit Facility Call Premium $0 $0 ($67.2m) $0 $0 ($21.0m) $0
Debt make-whole premium $0 $0 ($2.0m) $0
Treasury share activity ($3.0m) ($2.2m) ($5.0m) ($3.0m) ($1.9m) ($6.6m) ($7.7m) ($7.8m) ($6.2m) ($130.7m)
Add: Cash included in assets held for sale at beginning of period $2.7m $3.1m $0 $0
Beginning Cash Position $324.5m $388.9m $592.3m $311.3m
Cash Flow From Continuing Financing Activities $42.2m $881.6m ($63.7m) $10.9m ($215.5m) $16.9m ($3.6m) $349.8m ($366.5m) ($143.9m)
Cash Flow From Continuing Investing Activities ($64.9m) ($561.4m) ($128.8m) $34.4m ($6.8m) ($82.6m) ($49.2m) ($23.8m) ($45.5m) ($97.6m)
Change In Account Payable $241.4m ($66.5m) ($42.2m) ($68.3m)
Change In Accrued Expense ($43.1m) ($115.6m) $34.8m $34.1m
Change In Inventory ($84.8m) ($74.5m) $20.9m $65.1m
Change In Other Current Liabilities $300k ($7.3m) $3.0m
Change In Other Working Capital ($100.8m) $147.2m ($51.0m) $9.0m
Change In Payable $241.4m ($66.5m) ($42.2m) ($68.3m)
Change In Payables And Accrued Expense $198.3m ($182.1m) ($7.4m) ($34.2m)
Change In Prepaid Assets ($3.9m) ($22.9m)
Change In Receivables $16.4m ($49.4m) $99.6m $25.9m
Change In Working Capital $29.4m ($170.0m) $62.1m $65.8m
Changes In Account Receivables $16.4m ($49.4m) $99.6m $25.9m
Changes In Cash $70.5m ($61.9m) ($262.8m) $59.2m
End Cash Position $388.9m $319.1m $311.3m $387.3m
Financing Cash Flow ($3.6m) $349.8m ($366.5m) ($143.9m)
Free Cash Flow $72.0m ($441.0m) $108.8m $239.0m
Investing Cash Flow ($49.2m) ($23.8m) ($45.5m) ($97.6m)
Net Business Purchase And Sale $1.1m $10.5m $0 ($24.5m)
Net Foreign Currency Exchange Gain Loss ($23.5m) $38.8m
Operating Gains Losses $3.1m $5.0m ($23.5m) $38.8m
Other Cash Adjustment Outside Changein Cash ($400k) $300k $0 $0
Other Non Cash Items $17.3m $18.6m $17.2m $7.1m
Pension And Employee Benefit Expense $0 $10.1m $4.4m
Purchase Of Business $0 ($24.5m)
Repurchase Of Capital Stock $0 ($130.7m)
Sale Of Business $1.1m $10.5m $0
Stock Based Compensation $13.8m $13.4m $9.7m $12.1m
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement ($10.1m)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment $0 $4.6m
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax $15.9m $143.7m
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $400k $200k $400k ($2.6m) ($3.4m) ($5.0m)
Net Cash Provided by (Used in) Operating Activities $36.7m $28.4m $37.1m ($104.1m) $135.8m $18.0m $123.3m ($387.9m) $149.2m $300.7m
Cash flows from investing activities:
Capital expenditures ($52.3m) ($39.5m) ($69.4m) ($58.5m) ($42.9m) ($27.5m) ($20.2m) ($24.4m) ($17.4m) ($37.4m)
Capital Expenditure Reported ($51.3m) ($53.1m) ($40.4m) ($61.7m)
Payments to Acquire Businesses, Net of Cash Acquired $59.4m $884.6m $5.6m $5.9m $0 $0 $0 $24.5m
Payments to Acquire Investments $288.4m $401.3m $295.2m $318.4m
Payments for purchases of investments ($125.5m) ($243.5m) ($329.8m) ($200.2m) ($222.2m) ($241.3m) $288.4m $401.3m ($295.2m) ($318.4m)
Net Investment Purchase And Sale ($700k) $12.8m ($6.4m) ($12.4m)
Purchase Of Investment ($288.4m) ($401.3m) ($295.2m) ($318.4m)
Proceeds from maturities of investments $176.1m $225.0m $296.2m $317.8m $241.7m $214.6m $287.7m $414.1m $288.8m $306.0m
Sale Of Investment $287.7m $414.1m $288.8m $306.0m
Payments for (Proceeds from) Other Investing Activities $0 $0 ($1.0m)
Net Other Investing Changes $1.7m $6.0m $1.3m $1.0m
Net cash used by investing activities ($64.9m) ($561.4m) ($128.8m) $34.4m ($6.8m) ($82.6m) ($49.2m) ($23.8m) ($45.5m) ($97.6m)
Net Cash Provided by (Used in) Investing Activities ($64.9m) ($561.4m) ($128.8m) $34.4m ($6.8m) ($82.6m) ($49.2m) ($23.8m) ($45.5m) ($97.6m)
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $176.1m $225.0m $296.2m $317.8m $241.7m $214.6m $287.7m $414.1m $288.8m $306.0m
Borrowings and proceeds from debt $0 $0 $950.4m $0
Debt issuance costs ($6.0m) ($39.2m) ($1.1m) ($39.4m) ($12.6m) ($26.4m) $0 ($15.7m) ($26.8m) $0
Issuance Of Debt $12.1m $1.1b $1.2b $0
Long Term Debt Issuance $12.1m $1.1b $1.2b $0
Net Issuance Payments Of Debt ($7.3m) $376.1m ($300.1m) $0
Net Long Term Debt Issuance ($7.3m) $376.1m ($300.1m) $0
Repayments of debt $0 $0 ($1.3b) $0
Long Term Debt Payments ($19.4m) ($703.9m) ($1.5b) $0
Repayment Of Debt ($19.4m) ($703.9m) ($1.5b) $0
Net Common Stock Issuance $0 ($130.7m)
Payments for Repurchase of Common Stock $3.0m $2.2m $5.0m $3.0m $1.9m $6.6m $7.7m $7.8m $6.2m $130.7m
Payments of Ordinary Dividends, Common Stock $75.6m $64.6m $30.6m $7.7m $0 $0
Common Stock Payments $0 ($130.7m)
Proceeds from Noncontrolling Interests $12.7m
Distributions to noncontrolling interest holders ($100k) ($10.2m) ($17.6m) ($377.2m) ($98.1m) ($900k) ($1.3m) ($2.8m) ($10.4m) ($7.3m)
Proceeds from (Payments for) Other Financing Activities ($5.9m)
Net Other Financing Charges $3.7m ($26.3m) ($66.4m) ($13.2m)
Net cash provided (used) by financing activities $42.2m $881.6m ($63.7m) $10.9m ($215.5m) $16.9m ($3.6m) $349.8m ($366.5m) ($143.9m)
Net Cash Provided by (Used in) Financing Activities $42.2m $881.6m ($63.7m) $10.9m ($215.5m) $16.9m ($3.6m) $349.8m ($366.5m) ($143.9m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($18.7m) ($1.1m) ($3.2m) ($5.7m) ($8.2m) ($18.2m) $16.8m
Effect of exchange rate changes on cash and cash equivalents ($18.7m) ($1.1m) ($3.2m) ($5.7m) ($8.2m) ($18.2m) $16.8m
Effect Of Exchange Rate Changes ($18.7m) ($1.1m) ($3.2m) ($5.7m) ($8.2m) ($18.2m) $16.8m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($77.5m) ($87.6m) ($50.9m) $64.8m ($70.1m) ($281.0m) $76.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $340.6m ($109.5m) $458.4m $280.9m $324.5m $388.9m $319.1m $311.3m $387.3m
Change in cash, cash equivalents and restricted cash $340.6m ($109.5m) ($77.5m) ($87.6m) ($50.9m) $64.8m ($70.1m) ($281.0m) $76.0m
Cash, cash equivalents and restricted cash at the beginning of the period $652.7m $543.2m $458.4m $280.9m $324.5m $388.9m $319.1m $311.3m $387.3m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported $64.8m ($70.1m) ($281.0m) $76.0m
Interest Paid, Excluding Capitalized Interest, Operating Activities $99.9m $129.6m $189.7m $138.1m $175.1m $231.6m $149.4m $59.1m
Income Taxes Paid, Net $64.8m $83.8m $78.2m $64.9m $41.8m $43.8m $42.3m $33.1m $56.1m $57.2m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.