Verizon Communications Inc (VZ)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2023 | 12-2022 | 12-2021 | 12-2020 | 12-2019 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 12,095,000 | 21,748,000 | 22,618,000 | 18,348,000 | 19,788,000 |
| Depreciation Amortization | 17,624,000 | 17,099,000 | 16,206,000 | 16,720,000 | 16,682,000 |
| Income taxes - deferred | 2,388,000 | 2,973,000 | 4,264,000 | 1,553,000 | 1,232,000 |
| Accounts receivable | -2,198,000 | -1,978,000 | -1,592,000 | 189,000 | -1,471,000 |
| Accounts payable and accrued liabilities | 2,079,000 | -33,000 | 1,457,000 | -966,000 | -2,359,000 |
| Other Working Capital | -267,000 | -456,000 | -890,000 | 56,000 | -6,713,000 |
| Other Operating Activity | 5,754,000 | -2,212,000 | -2,524,000 | 5,868,000 | 8,587,000 |
| Operating Cash Flow | $37,475,000 | $37,141,000 | $39,539,000 | $41,768,000 | $35,746,000 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -18,767,000 | -23,087,000 | -20,286,000 | -18,192,000 | -17,939,000 |
| Net Acquisitions | -30,000 | 281,000 | 57,000 | -520,000 | -1,000 |
| Purchase Sale Intangibles | -5,796,000 | -3,653,000 | -47,596,000 | -3,896,000 | -898,000 |
| Other Investing Activity | -4,635,000 | -5,856,000 | -46,924,000 | -4,800,000 | 359,000 |
| Investing Cash Flow | $-23,432,000 | $-28,662,000 | $-67,153,000 | $-23,512,000 | $-17,581,000 |
| Cash Flows From Financing Activities | |||||
| Change In Short Term Borrowing | -150,000 | 106,000 | N/A | -9,000 | N/A |
| Debt Issued | 8,612,000 | 17,806,000 | 41,417,000 | 31,457,000 | 18,655,000 |
| Debt Repayment | -10,624,000 | -13,564,000 | -18,863,000 | -17,188,000 | -23,886,000 |
| Dividend Paid | -11,025,000 | -10,805,000 | -10,445,000 | -10,232,000 | -10,016,000 |
| Other Financing Activity | -1,470,000 | -2,072,000 | -3,832,000 | -2,703,000 | -2,917,000 |
| Financing Cash Flow | $-14,657,000 | $-8,529,000 | $8,277,000 | $1,325,000 | $-18,164,000 |
| Beginning Cash Position | 4,111,000 | 4,161,000 | 23,498,000 | 3,917,000 | 3,916,000 |
| End Cash Position | 3,497,000 | 4,111,000 | 4,161,000 | 23,498,000 | 3,917,000 |
| Net Cash Flow | $-614,000 | $-50,000 | $-19,337,000 | $19,581,000 | $1,000 |
| Free Cash Flow | |||||
| Operating Cash Flow | 37,475,000 | 37,141,000 | 39,539,000 | 41,768,000 | 35,746,000 |
| Capital Expenditure | -18,767,000 | -23,087,000 | -20,286,000 | -18,192,000 | -17,939,000 |
| Free Cash Flow | 18,708,000 | 14,054,000 | 19,253,000 | 23,576,000 | 17,807,000 |