← EMBRAER S.A.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Net Income | — | — | — | — | — | — | ($185.4m) | $164.0m | $352.5m | $351.9m | |
| Net Income From Continuing Operations | — | — | — | — | — | — | ($203.5m) | $164.3m | $354.6m | $359.0m | |
| Other Adjustments To Reconcile Profit Loss | ($1.1m) | ($4.3m) | ($7.2m) | ($3.9m) | ($3.2m) | ($1.5m) | — | $5.0m | $5.2m | $6.7m | |
| Amortization Cash Flow | — | — | — | — | — | $86.6m | $103.7m | $131.9m | $128.1m | — | |
| Amortization Of Intangibles | — | — | — | — | — | $86.6m | $103.7m | $131.9m | $128.1m | — | |
| Depreciation | — | — | — | — | — | $122.0m | $106.6m | $109.8m | $115.5m | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $210.3m | $241.7m | $243.6m | $259.5m | |
| Depreciation and amortization expenses | — | — | — | — | — | $208.6m | $210.3m | $241.7m | $243.6m | $259.5m | |
| Deferred Income Tax | — | — | — | — | — | — | ($87.5m) | ($43.6m) | $202.4m | ($91.4m) | |
| Deferred Tax | — | — | — | — | — | — | ($87.5m) | ($43.6m) | $202.4m | ($91.4m) | |
| Adjustments For Share-Based Payments | $1.4m | $500k | $100k | — | — | — | $2.9m | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | — | ($16.5m) | ($4.8m) | $7.0m | $3.6m | |
| Losses (reversal) of impairment losses of inventories | — | — | — | — | — | ($76.0m) | ($16.5m) | ($4.8m) | $7.0m | $3.6m | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($8.5m) | ($10.2m) | $4.3m | $6.9m | |
| Share of (profit) loss of investments accounted for under the equity method | — | — | — | — | — | — | ($8.5m) | ($10.2m) | $4.3m | $6.9m | |
| Additional Financial Items | |||||||||||
| (Gain) loss on disposal of fixed assets and investments | $19.6m | $18.6m | $19.8m | $28.6m | $15.2m | $31.6m | $41.1m | ($29.3m) | $6.2m | $7.4m | |
| Accounts receivable | $156.0m | ($82.9m) | ($16.0m) | $205.3m | $42.6m | $13.9m | ($1.1m) | ($4.6m) | ($159.3m) | $25.9m | |
| Accrued interest | ($13.1m) | ($29.0m) | ($6.4m) | $1.5m | $24.6m | $20.1m | $201.0m | $189.7m | $174.6m | $111.3m | |
| Acquisition of financial investments | — | — | — | — | — | — | — | ($58.8m) | ($238.0m) | ($423.6m) | |
| Additions to intangible assets | ($505.0m) | ($470.5m) | ($290.3m) | ($283.3m) | ($121.4m) | ($166.5m) | ($119.8m) | ($192.1m) | ($265.8m) | ($296.7m) | |
| Adjustment to fair value - Financial investments | — | — | — | — | $4.1m | ($39.1m) | ($1.7m) | ($400k) | $19.3m | $11.8m | |
| Adjustments For Decrease Increase In Trade Account Receivable | $156.0m | ($82.9m) | ($16.0m) | $205.3m | $42.6m | $13.9m | ($1.1m) | ($4.6m) | ($159.3m) | $25.9m | |
| Adjustments For Increase Decrease In Trade Account Payable | ($93.8m) | ($127.3m) | $70.1m | ($44.6m) | ($314.0m) | ($10.0m) | $244.9m | — | — | — | |
| Adjustments For Undistributed Profits Of Associates | ($300k) | $1.2m | ($400k) | ($200k) | $2.7m | $1.1m | $8.5m | $10.2m | — | — | |
| Adjustments For Unrealised Foreign Exchange Losses Gains | ($12.7m) | $6.0m | $20.7m | ($10.3m) | $77.1m | ($21.4m) | ($24.8m) | $7.1m | $8.7m | $36.7m | |
| Beginning Cash Position | — | — | — | — | — | — | $1.8b | $1.8b | $1.6b | $1.6b | |
| Capital increase | — | — | — | — | — | — | — | $9.5m | $0 | $0 | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($669.2m) | ($348.7m) | ($335.7m) | $146.1m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($109.5m) | ($447.6m) | ($599.7m) | ($611.7m) | |
| Change In Account Payable | — | — | — | — | — | — | $257.6m | $50.2m | $204.8m | $174.3m | |
| Change In Income Tax Payable | — | — | — | — | — | — | $39.1m | $98.6m | ($58.2m) | ($67.2m) | |
| Change In Inventory | — | — | — | — | — | — | ($294.3m) | ($287.1m) | ($370.2m) | ($382.2m) | |
| Change In Other Current Assets | — | — | — | — | — | — | $186.2m | ($68.3m) | ($208.6m) | $1.1m | |
| Change In Other Current Liabilities | — | — | — | — | — | ($55.0m) | ($15.7m) | ($3.0m) | — | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $435.8m | $579.6m | $751.0m | $157.7m | |
| Change In Payable | — | — | — | — | — | — | $277.5m | $217.9m | $170.7m | $513.4m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $277.5m | $217.9m | $170.7m | $513.4m | |
| Change In Receivables | — | — | — | — | — | — | ($13.4m) | ($2.6m) | ($248.3m) | $108.5m | |
| Change In Tax Payable | — | — | — | — | — | — | $39.1m | $98.6m | ($58.2m) | ($67.2m) | |
| Change In Working Capital | — | — | — | — | — | — | $591.8m | $439.5m | $94.6m | $398.5m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($1.1m) | ($4.6m) | ($159.3m) | $25.9m | |
| Changes In Cash | — | — | — | — | — | — | ($27.4m) | ($179.3m) | ($64.2m) | $404.5m | |
| Contract assets | $17.1m | ($76.9m) | $104.1m | ($152.3m) | $33.9m | ($119.3m) | $75.2m | ($4.6m) | ($114.1m) | $60.5m | |
| Contract liabilities | ($110.5m) | ($99.9m) | $101.2m | $200.6m | ($134.5m) | $216.8m | $450.8m | $576.8m | $748.1m | $150.7m | |
| Costs in the offering of subsidiary shares | — | — | — | — | — | — | ($47.9m) | $0 | ($2.4m) | ($12.5m) | |
| Customer financing | $18.8m | $21.0m | $4.6m | $1.1m | ($38.4m) | $11.4m | ($87.5m) | $6.6m | $25.1m | $22.1m | |
| Derivative financial instruments | ($21.6m) | ($1.7m) | $23.9m | $4.0m | ($2.1m) | $5.4m | ($5.6m) | $21.2m | ($41.5m) | ($19.3m) | |
| End Cash Position | — | — | — | — | — | — | $1.8b | $1.6b | $1.6b | $1.9b | |
| Expect credit losses (reversal) | — | — | — | — | — | ($13.0m) | $17.4m | ($10.2m) | $21.1m | $11.8m | |
| Financial investments | ($307.7m) | ($244.6m) | $790.8m | $977.8m | $113.1m | $135.9m | ($17.6m) | $1.4m | ($117.7m) | $86.6m | |
| Financing Cash Flow | — | — | — | — | — | — | ($669.2m) | ($348.7m) | ($335.7m) | $146.1m | |
| Foreign exchange, net | ($12.7m) | $6.0m | $20.7m | ($10.3m) | $77.1m | ($21.4m) | ($24.8m) | $7.1m | $8.7m | $36.7m | |
| Free Cash Flow | — | — | — | — | — | — | $495.3m | $186.2m | $405.0m | $386.1m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($1.4m) | $5.9m | — | — | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | $41.1m | ($29.3m) | $6.2m | $7.4m | |
| Income tax and social contribution | — | — | — | — | — | $38.4m | ($87.5m) | ($43.6m) | $202.4m | ($91.4m) | |
| Interest on marketable securities, net | ($52.5m) | ($23.6m) | ($33.6m) | ($30.9m) | ($400k) | ($2.4m) | ($9.8m) | ($7.0m) | ($18.1m) | ($18.3m) | |
| Inventories | ($136.9m) | $404.9m | ($281.9m) | $147.3m | ($34.6m) | $474.4m | ($294.3m) | ($287.1m) | ($370.2m) | ($382.2m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($109.5m) | ($447.6m) | ($599.7m) | ($611.7m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $0 | $9.5m | $0 | $0 | |
| Lease payments | — | — | — | ($11.8m) | ($9.0m) | ($10.3m) | ($11.9m) | ($13.6m) | ($18.8m) | ($23.8m) | |
| Loans (granted to) collected from customers | — | — | — | — | — | — | — | ($60.5m) | $60.5m | ($93.5m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($400k) | ($24.0m) | ($18.3m) | ($12.3m) | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | ($24.8m) | $7.1m | $8.7m | $36.7m | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | — | ($119.8m) | ($192.1m) | ($265.8m) | ($296.7m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($130.8m) | ($219.4m) | ($188.2m) | ($170.1m) | |
| Net profit for the year | $167.8m | $262.8m | ($171.2m) | ($316.5m) | ($728.3m) | ($43.5m) | ($203.5m) | $164.3m | $354.6m | $359.0m | |
| Operating Gains Losses | — | — | — | — | — | — | $7.8m | ($32.4m) | $19.2m | $51.0m | |
| Other Non Cash Items | — | — | — | — | — | — | $428.4m | $163.8m | $131.5m | $72.2m | |
| Other assets | $103.7m | $249.4m | $43.5m | $13.2m | ($72.5m) | ($38.9m) | $10.5m | ($112.4m) | ($49.4m) | ($66.2m) | |
| Other payables | $51.1m | ($48.7m) | ($16.3m) | ($28.7m) | ($48.7m) | ($35.1m) | ($3.5m) | $72.1m | $24.1m | $406.3m | |
| Other provisions | $45.1m | ($53.9m) | $9.8m | $20.4m | $23.6m | $32.3m | $38.7m | ($7.3m) | $55.4m | $25.5m | |
| Others | ($1.1m) | ($4.3m) | ($7.2m) | ($3.9m) | ($3.2m) | ($1.5m) | $2.9m | $5.0m | $5.2m | $6.7m | |
| Payments Of Lease Liabilities Classified As Financing Activities | — | — | — | $11.8m | $9.0m | $10.3m | $11.9m | $13.6m | $18.8m | $23.8m | |
| Payments To Acquire Or Redeem Entitys Shares | $17.1m | $15.0m | — | — | — | — | — | — | — | — | |
| Proceeds From Borrowings Classified As Financing Activities | $576.2m | $972.9m | $124.0m | $400.5m | $2.1b | $60.4m | $145.4m | $2.0b | $775.2m | $3.0b | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | $0 | $0 | — | — | — | |
| Proceeds from loans and financing | $576.2m | $972.9m | $124.0m | $400.5m | $2.1b | $60.4m | $145.4m | $2.0b | $775.2m | $3.0b | |
| Proceeds from the sale of receivables | — | — | — | — | — | — | — | $0 | $0 | $40.0m | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $56.1m | ($17.5m) | $76.5m | $37.3m | |
| Purchase Of Business | — | — | — | — | — | — | ($400k) | ($24.0m) | ($18.3m) | ($12.3m) | |
| Purchase Of Intangible Assets Classified As Investing Activities | $505.0m | $470.5m | $290.3m | $283.3m | $121.4m | $166.5m | $119.8m | $192.1m | $265.8m | $296.7m | |
| Purchase Of Intangibles | — | — | — | — | — | — | ($119.8m) | ($192.1m) | ($265.8m) | ($296.7m) | |
| Purchase Of Interests In Associates | $2.6m | $600k | — | — | — | — | — | — | — | — | |
| Purchase Of PPE | — | $237.7m | $154.3m | $284.5m | $102.3m | $101.7m | ($136.2m) | ($238.7m) | ($200.4m) | ($187.2m) | |
| Realization of contribution from suppliers | ($38.3m) | ($27.3m) | ($22.0m) | ($22.4m) | ($8.3m) | ($10.1m) | ($21.1m) | ($29.8m) | ($30.2m) | ($27.5m) | |
| Receipt in the offering of subsidiary shares | — | — | — | — | — | — | $207.0m | $0 | $65.6m | $210.0m | |
| Repayment of loans and financing | ($523.7m) | ($540.2m) | ($596.3m) | ($645.9m) | ($1.1b) | ($478.2m) | ($961.8m) | ($2.3b) | ($1.2b) | ($2.8b) | |
| Repayments Of Borrowings Classified As Financing Activities | $523.7m | $540.2m | $596.3m | $645.9m | $1.1b | $478.2m | $961.8m | $2.3b | $1.2b | $2.8b | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | $0 | $0 | ($186.8m) | |
| Repurchases of common shares | — | — | — | — | — | ($2.5m) | — | $0 | $0 | ($186.8m) | |
| Sale Of Business | — | — | — | — | — | $0 | $158.2m | — | — | — | |
| Sale Of PPE | — | — | — | — | — | — | $5.4m | $19.3m | $12.2m | $17.1m | |
| Stock Based Compensation | — | — | — | — | — | $0 | $2.9m | — | — | — | |
| Taxes and payroll charges payable | ($153.1m) | $21.1m | $30.7m | $2.6m | ($38.2m) | $1.9m | $39.1m | $98.6m | ($58.2m) | ($67.2m) | |
| Trade accounts payable and Trade accounts payable - Supplier finance arrangements | — | — | — | — | — | $4.7m | $257.6m | $50.2m | $204.8m | $174.3m | |
| Unearned income | ($9.0m) | ($160.6m) | ($12.9m) | ($7.3m) | ($3.2m) | $13.8m | ($15.0m) | $2.8m | $2.9m | $7.0m | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | — | ($1.7m) | ($400k) | $19.3m | $11.8m | |
| Profit or Loss | $167.8m | $262.8m | ($171.2m) | ($316.5m) | ($728.3m) | ($43.5m) | ($203.5m) | $164.3m | $354.6m | $359.0m | |
| Capital Expenditure | — | — | — | — | — | — | ($256.0m) | ($430.8m) | ($466.2m) | ($483.9m) | |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | $2.9m | $19.1m | $300k | $100k | $10.7m | $3.6m | $5.4m | $19.3m | $12.2m | $17.1m | |
| Additions to investments in subsidiaries and affiliates, net of cash acquired | ($2.6m) | ($600k) | ($2.4m) | ($2.5m) | ($1.8m) | ($800k) | ($400k) | ($24.0m) | ($18.3m) | ($12.3m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $140.6m | $42.6m | ($188.5m) | ($39.1m) | |
| Purchase Of Investment | — | — | — | — | — | — | ($17.6m) | ($58.8m) | ($238.0m) | ($423.6m) | |
| Investment sale | — | — | — | — | — | — | ($17.6m) | $60.2m | $49.5m | $0 | |
| Proceeds from sale of financial investments | — | — | — | — | — | — | $158.2m | $41.2m | $49.5m | $384.5m | |
| Sale Of Investment | — | — | — | — | — | — | $158.2m | $101.4m | $49.5m | $384.5m | |
| Net Other Investing Changes | — | — | — | — | — | — | — | ($60.5m) | $60.5m | ($93.5m) | |
| Net cash used in investing activities | ($979.6m) | ($1.1b) | ($523.1m) | $407.7m | ($105.3m) | ($131.6m) | ($109.5m) | ($447.6m) | ($599.7m) | ($611.7m) | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $145.4m | $2.0b | $775.2m | $3.0b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $145.4m | $2.0b | $775.2m | $3.0b | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($828.3m) | ($344.8m) | ($398.9m) | $119.0m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($828.3m) | ($344.8m) | ($398.9m) | $119.0m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($973.7m) | ($2.3b) | ($1.2b) | ($2.8b) | |
| Repayment Of Debt | — | — | — | — | — | — | ($973.7m) | ($2.3b) | ($1.2b) | ($2.8b) | |
| Common Stock Issuance | — | — | — | — | — | — | $0 | $9.5m | $0 | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | $0 | $9.5m | $0 | ($186.8m) | |
| Common Stock Payments | — | — | — | — | — | — | $0 | $0 | $0 | ($186.8m) | |
| Cash Dividends Paid | — | — | — | — | — | — | $0 | ($13.4m) | $0 | ($23.6m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | $0 | ($13.4m) | $0 | ($23.6m) | |
| Dividends Paid Ordinary Shares Per Share | — | — | — | — | — | — | — | — | $0.01 | $0.63 | |
| Dividends Received CFI | — | — | — | — | — | — | $900k | $5.8m | $600k | $0 | |
| Dividends Recognised As Distributions To Owners Of Parent Relating To Prior Years | $7 | — | — | — | — | — | — | — | — | — | |
| Dividends and interest on own capital | ($28.2m) | ($54.0m) | ($40.6m) | ($2.0m) | $0 | — | — | ($13.4m) | $0 | ($23.6m) | |
| Dividends paid | — | — | — | — | — | — | — | — | $8 | — | |
| Dividends received | $100k | $100k | $100k | $100k | $500k | $1.7m | $900k | $5.8m | $600k | $0 | |
| Net Other Financing Charges | — | — | — | — | — | — | $159.1m | — | $63.2m | $237.5m | |
| Net cash generated (used) by financing activities | $8.9m | $369.6m | ($503.4m) | ($257.0m) | $1.0b | ($430.6m) | ($669.2m) | ($348.7m) | ($335.7m) | $146.1m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | $4.4m | ($10.0m) | $900k | ($17.7m) | |
| Effects of exchange rate changes on cash and cash equivalents | $67.2m | ($600k) | ($71.0m) | ($17.7m) | ($37.8m) | $2.4m | $4.4m | ($10.0m) | $900k | ($17.7m) | |
| Increase (decrease) in cash and cash equivalents | ($991.2m) | $29.9m | $81.1m | $1.0b | ($386.8m) | ($46.9m) | ($27.4m) | ($179.3m) | ($64.2m) | $404.5m | |
| Cash and cash equivalents at the beginning of the year | — | $1.3b | $1.3b | $2.3b | $1.9b | $1.8b | $1.8b | $1.6b | $1.6b | $1.9b | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($27.4m) | ($179.3m) | ($64.2m) | $404.5m | |
| Interest Paid Classified As Operating Activities | — | — | — | — | ($173.2m) | ($207.4m) | ($183.7m) | ($172.8m) | ($176.3m) | $157.9m | |
| Income Taxes Paid Refund Classified As Operating Activities | — | — | — | — | ($86.9m) | ($22.5m) | ($50.2m) | ($120.8m) | ($101.2m) | $73.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.