COTY INC.
For the period ended Jun 30, 2025. Filed Aug 21, 2025.
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FY2025 · Filed Aug 21, 2025
COTY$4.22+4.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows F-
| Year EndedJune 30, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | |||
| Net (loss) income | $(350.2) | $109.4 | $523.2 |
| Adjustments to reconcile net (loss) income to net cash provided by operating activities: | |||
| Depreciation and amortization | 420.0 | 421.1 | 426.7 |
| Non-cash lease expense | 62.3 | 61.6 | 63.6 |
| Asset impairment charges | 212.8 | — | — |
| Deferred income taxes | (87.5) | (9.8) | 56.3 |
| Provision (release) for bad debts | 6.3 | 2.7 | (18.9) |
| Provision for pension and other post-employment benefits | 10.2 | 8.6 | 8.5 |
| Share-based compensation | 50.0 | 88.8 | 135.9 |
| Losses (gains) on termination of collaboration agreement/sale of equity investment, and disposal of other assets | 76.1 | 3.9 | (99.7) |
| Losses (gains) from equity investments, net | 85.6 | (21.7) | (226.3) |
| Foreign exchange effects | 24.9 | 14.8 | 29.9 |
| Losses (gains) on forward repurchase contracts, net | 255.2 | 76.3 | (196.9) |
| Other | 39.7 | 46.5 | 8.9 |
| Change in operating assets and liabilities: | |||
| Trade receivables | (81.1) | (104.5) | 36.8 |
| Inventories | 4.8 | 67.2 | (180.3) |
| Prepaid expenses and other current assets | 64.1 | (11.0) | (15.2) |
| Accounts payable and accrued expenses | (167.9) | (49.1) | 147.5 |
| Other current liabilities | (61.7) | 64.1 | (31.0) |
| Operating lease liabilities | (57.4) | (58.4) | (61.0) |
| Income and other taxes payable | (38.5) | (77.3) | 59.9 |
| Other noncurrent assets | (38.2) | (4.3) | (7.5) |
| Other noncurrent liabilities | 63.1 | (14.3) | (34.7) |
| Net cash provided by operating activities | 492.6 | 614.6 | 625.7 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | |||
| Capital expenditures | (215.0) | (245.2) | (222.8) |
| Proceeds from contingent consideration, license agreements, and sale of other long-lived assets, net | 12.6 | 19.0 | 104.6 |
| Proceeds from termination of collaboration agreement/sale of equity investment | 74.0 | — | — |
| Net cash used in investing activities | (128.4) | (226.2) | (118.2) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | |||
| Proceeds from revolving loan facilities | 2,492.5 | 2,458.6 | 1,558.0 |
| Repayments of revolving loan facilities | (2,122.6) | (2,673.7) | (1,600.1) |
| Proceeds from issuance of other long term debt | — | 1,824.1 | — |
| Repayments of term loans and other long term debt | (490.6) | (1,936.5) | (226.1) |
| Net proceeds from issuance of Class A Common Stock | — | 355.9 | 0.9 |
| Dividend payments on Common Stock and Convertible Series B Preferred Stock | (13.3) | (13.4) | (13.7) |
| Net payments for foreign currency contracts | (22.0) | (7.3) | (128.1) |
| Distributions to redeemable noncontrolling interests and noncontrolling interests | (23.9) | (24.0) | (17.3) |
| Payments related to forward repurchase contracts and settlement, including hedge valuation adjustment | (288.4) | (242.6) | (26.4) |
| Refunds related to hedge valuation adjustment | 61.8 | — | — |
| Payment of deferred financing fees | (2.0) | (47.1) | — |
|---|---|---|---|
| All other | (18.3) | (30.7) | (16.5) |
| Net cash used in financing activities | (426.8) | (336.7) | (469.3) |
| EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH | 12.4 | (14.9) | (18.2) |
| NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | (50.2) | 36.8 | 20.0 |
| CASH, CASH EQUIVALENTS AND RESTRICTED CASH—Beginning of period | 320.6 | 283.8 | 263.8 |
| CASH, CASH EQUIVALENTS AND RESTRICTED CASH—End of period | $270.4 | $320.6 | $283.8 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION: | |||
| Cash paid during the year for interest | $218.9 | $205.7 | $229.1 |
| Cash paid during the year for income taxes, net of refunds received | 95.4 | 172.6 | 58.6 |
| SUPPLEMENTAL DISCLOSURE OF NONCASH FINANCING AND INVESTING ACTIVITIES: | |||
| Accrued capital expenditure additions | $86.2 | $108.0 | $107.8 |
| Non-cash exchange of forward repurchase contracts for treasury stock | — | 150.6 | — |
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