Spotify Results Presentation Deck
Reconciliation of IFRS to non-IFRS results
Free Cash Flow
(Unaudited)
(in € millions)
Net cash flows from/(used in)
operating activities
Capital expenditures
Change in restricted cash
Free Cash Flow
Free Cash Flow
(Unaudited)
(in € millions)
December
31, 2019
Net cash flows from operating activities
Capital expenditures
Change in restricted cash
Free Cash Flow
Free Cash Flow
(Unaudited)
(in € millions)
Net cash flows from operating activities
Capital expenditures
Change in restricted cash
Free Cash Flow
203
(32)
(2)
169
March 31, June 30,
2020
2020
(9)
(12)
I
(21)
September
30, 2020
355
(75)
(2)
278
39
(14)
2
27
September December
30, 2020 31, 2020
December
31, 2020
259
73
183
December 31, 2016
101
(27)
(1)
122
(17)
(78)
2
103
107
(35)
2
74
March 31,
2021
333
(90)
2
245
March 31,
2021
65
(24)
December 31, 2017
179
(36)
(34)
109
41
June 30,
2021
348
(96)
252
Three months ended
September December
30, 2021 31, 2021
June 30,
2021
54
(20)
34
September
30, 2021
349
(104)
3
248
December 31, 2018
344
(125)
(10)
123
(25)
1
99
209
361
119
Last twelve months ended
December March 31,
31, 2021
2022
(85)
1
277
(16)
103
March 31,
2022
333
(71)
(4)
258
Twelve months ended
December 31, 2019
573
(135)
2
440
37
(10)
(5)
22
June 30,
2022
June 30,
2022
318
(56)
(1)
261
39
(5)
3
37
September
30, 2022
September
30, 2022
December 31, 2020
259
(78)
2
183
235
(36)
(2)
197
40
35
December
31, 2022
December
31, 2022
(70)
(5)
2
(73)
46
(25)
21
March 31,
2023
March 31,
2023
December 31, 2021
361
(85)
1
277
59
57
68
(17)
5
56
June 30,
2023
13
June 30,
2023
(2)
(2)
9
42
(14)
28
December 31, 2022
46
(25)
21
31View entire presentation