English

ARD Finance S.A.

EDGAR

Foreign issuer report (6-K) · filed 2019-11-04

28 filing records in this dataset, filed from 2017-03-15 to 2019-11-04. Reported financial figures are available; chart coverage varies by period.

Inspect reported changes Compare with another company Historical disclosures Search filings Segments

Watchlist

Latest fiscal year

Revenue

9.1 billion Unit1

2018 · Unit1

Exact inputs and evidence

Revenue: 9097000000 Unit1 Source

Operating margin

4.78%

2018 · %

Exact inputs and evidence

Operating Income: 435000000 Unit1 Source
Revenue: 9097000000 Unit1 Source

Operating cash flow

734 million Unit1

2018 · Unit1

Exact inputs and evidence

Operating Cash Flow: 734000000 Unit1 Source

Free cash flow

179 million Unit1

2018 · Unit1

Exact inputs and evidence

Operating Cash Flow: 734000000 Unit1 Source
Capital Expenditure: 555000000 Unit1 Source

Cash and cash equivalents: 565 million Unit1 2018-12-31 Source
Exact value

565000000 Unit1
Long-term debt including current maturities: Not available
Shares outstanding: Not available

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2019-11-04.

Financial data available through: 2018-12-31.

Coverage by financial measure

Revenue: 4 of 11 periods available· newest 2018-12-31
Operating income: 4 of 11 periods available· newest 2018-12-31
Net income: 4 of 11 periods available· newest 2018-12-31
Operating cash flow: 4 of 11 periods available· newest 2018-12-31
Capital expenditure: 4 of 11 periods available· newest 2018-12-31
Total assets: 4 of 11 periods available· newest 2018-12-31
Total liabilities: 4 of 11 periods available· newest 2018-12-31
Current assets: 4 of 11 periods available· newest 2018-12-31
Current liabilities: 4 of 11 periods available· newest 2018-12-31
Cash and cash equivalents: 4 of 11 periods available· newest 2018-12-31
long term debt: No compatible figures in this window
shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+5.8%

Prior period

Unit1 8.6 billion

2017-01-01 – 2017-12-31
Current period

Unit1 9.1 billion

2018-01-01 – 2018-12-31

Exact inputs and evidence

9097000000 − 8596000000 = 501000000 Unit1

8596000000 Unit1 · 2017-01-01 – 2017-12-31
Inspect prior input Prior source
9097000000 Unit1 · 2018-01-01 – 2018-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · ARD Finance S.A. · 2018-12-31 ARD Finance S.A. (edgar:1698039) Year-over-year change in Revenue: 501000000 Unit1 Concept: fundies:Revenue Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 9097000000 Unit1 (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#8158723 Filing: 000155837019001414 Input fundies:Revenue: 8596000000 Unit1 (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#8155439 Filing: 000155837019001414
The citation records this snapshot. The page link may show a newer release later.
Net income
-773.7%

Prior period

Unit1 38 million

2017-01-01 – 2017-12-31
Current period

−Unit1 256 million

2018-01-01 – 2018-12-31

Exact inputs and evidence

-256000000 − 38000000 = -294000000 Unit1

38000000 Unit1 · 2017-01-01 – 2017-12-31
Inspect prior input Prior source
-256000000 Unit1 · 2018-01-01 – 2018-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · ARD Finance S.A. · 2018-12-31 ARD Finance S.A. (edgar:1698039) Year-over-year change in Net income: -294000000 Unit1 Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: -256000000 Unit1 (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#8110507 Filing: 000155837019001414 Input fundies:NetIncome: 38000000 Unit1 (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#8110018 Filing: 000155837019001414
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
-13.3%

Prior period

Unit1 847 million

2017-01-01 – 2017-12-31
Current period

Unit1 734 million

2018-01-01 – 2018-12-31

Exact inputs and evidence

734000000 − 847000000 = -113000000 Unit1

847000000 Unit1 · 2017-01-01 – 2017-12-31
Inspect prior input Prior source
734000000 Unit1 · 2018-01-01 – 2018-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · ARD Finance S.A. · 2018-12-31 ARD Finance S.A. (edgar:1698039) Year-over-year change in Operating cash flow: -113000000 Unit1 Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 734000000 Unit1 (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#2348028 Filing: 000155837019001414 Input fundies:OperatingCashFlow: 847000000 Unit1 (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#2347295 Filing: 000155837019001414
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
+16.6%

Prior period

Unit1 476 million

2017-01-01 – 2017-12-31
Current period

Unit1 555 million

2018-01-01 – 2018-12-31

Exact inputs and evidence

555000000 − 476000000 = 79000000 Unit1

476000000 Unit1 · 2017-01-01 – 2017-12-31
Inspect prior input Prior source
555000000 Unit1 · 2018-01-01 – 2018-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · ARD Finance S.A. · 2018-12-31 ARD Finance S.A. (edgar:1698039) Year-over-year change in Capital expenditure: 79000000 Unit1 Concept: fundies:CapitalExpenditure Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 555000000 Unit1 (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#8141071 Filing: 000155837019001414 Input fundies:CapitalExpenditure: 476000000 Unit1 (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#8140468 Filing: 000155837019001414
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2018 2018-01-01 – 2018-12-31

Revenue Unit1 9.1 billion 100% of revenue
Operating costs Derived Unit1 8.66 billion 95% of revenue
Operating income Unit1 435 million 4.8% of revenue
Tax, interest and other Derived Unit1 691 million 7.6% of revenue
Net income −Unit1 256 million −2.8% of revenue

Cash

Operating cash flow Unit1 734 million 8.1% of revenue
Capital expenditure Unit1 555 million 6.1% of revenue
Free cash flow Derived Unit1 179 million 2% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2015 Net loss: net income was −2.3% of revenue.
2016 Net loss: net income was −2.5% of revenue.
2017 92%
2018 Net loss: net income was −2.8% of revenue.

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2015 2015-01-01 – 2015-12-31	5795000000	5292000000 Derived	503000000	638000000 Derived	-135000000	294000000 Derived	Source 2015-01-01 – 2015-12-31: 5795000000 Unit1 Inspect Revenue Open source 2015-01-01 – 2015-12-31: 503000000 Unit1 Inspect Operating Income Open source 2015-01-01 – 2015-12-31: -135000000 Unit1 Inspect Net Income Open source 2015-01-01 – 2015-12-31: 633000000 Unit1 Inspect Operating Cash Flow Open source 2015-01-01 – 2015-12-31: 339000000 Unit1 Inspect Capital Expenditure Open source
2016 2016-01-01 – 2016-12-31	7014000000	6439000000 Derived	575000000	747000000 Derived	-172000000	172000000 Derived	Source 2016-01-01 – 2016-12-31: 7014000000 Unit1 Inspect Revenue Open source 2016-01-01 – 2016-12-31: 575000000 Unit1 Inspect Operating Income Open source 2016-01-01 – 2016-12-31: -172000000 Unit1 Inspect Net Income Open source 2016-01-01 – 2016-12-31: 515000000 Unit1 Inspect Operating Cash Flow Open source 2016-01-01 – 2016-12-31: 343000000 Unit1 Inspect Capital Expenditure Open source
2017 2017-01-01 – 2017-12-31	8596000000	7924000000 Derived	672000000	634000000 Derived	38000000	371000000 Derived	Source 2017-01-01 – 2017-12-31: 8596000000 Unit1 Inspect Revenue Open source 2017-01-01 – 2017-12-31: 672000000 Unit1 Inspect Operating Income Open source 2017-01-01 – 2017-12-31: 38000000 Unit1 Inspect Net Income Open source 2017-01-01 – 2017-12-31: 847000000 Unit1 Inspect Operating Cash Flow Open source 2017-01-01 – 2017-12-31: 476000000 Unit1 Inspect Capital Expenditure Open source
2018 2018-01-01 – 2018-12-31	9097000000	8662000000 Derived	435000000	691000000 Derived	-256000000	179000000 Derived	Source 2018-01-01 – 2018-12-31: 9097000000 Unit1 Inspect Revenue Open source 2018-01-01 – 2018-12-31: 435000000 Unit1 Inspect Operating Income Open source 2018-01-01 – 2018-12-31: -256000000 Unit1 Inspect Net Income Open source 2018-01-01 – 2018-12-31: 734000000 Unit1 Inspect Operating Cash Flow Open source 2018-01-01 – 2018-12-31: 555000000 Unit1 Inspect Capital Expenditure Open source

Amounts are exact, in Unit1.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

Unit1 9.1B 2018

Values and sources

Revenue values and source evidence
Period	Series	Value(Unit1)	Source evidence
20152015-12-31	Revenue	5795000000	Revenue: 5795000000 Open source
20162016-12-31	Revenue	7014000000	Revenue: 7014000000 Open source
20172017-12-31	Revenue	8596000000	Revenue: 8596000000 Open source
20182018-12-31	Revenue	9097000000	Revenue: 9097000000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

5.8% 2018

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20152015-12-31	Year over year	No prior comparable period	Revenue: 5795000000 Open source
20162016-12-31	Year over year	21%	Revenue: 7014000000 Open source Revenue: 5795000000 Open source
20172017-12-31	Year over year	22.6%	Revenue: 8596000000 Open source Revenue: 7014000000 Open source
20182018-12-31	Year over year	5.8%	Revenue: 9097000000 Open source Revenue: 8596000000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 4.8% 2018

Net margin -2.8% 2018

Free cash flow margin 2% 2018

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20152015-12-31	Operating margin	8.7%	Operating Income: 503000000 Open source Revenue: 5795000000 Open source
20162016-12-31	Operating margin	8.2%	Operating Income: 575000000 Open source Revenue: 7014000000 Open source
20172017-12-31	Operating margin	7.8%	Operating Income: 672000000 Open source Revenue: 8596000000 Open source
20182018-12-31	Operating margin	4.8%	Operating Income: 435000000 Open source Revenue: 9097000000 Open source
20152015-12-31	Net margin	-2.3%	Net Income: -135000000 Open source Revenue: 5795000000 Open source
20162016-12-31	Net margin	-2.5%	Net Income: -172000000 Open source Revenue: 7014000000 Open source
20172017-12-31	Net margin	0.4%	Net Income: 38000000 Open source Revenue: 8596000000 Open source
20182018-12-31	Net margin	-2.8%	Net Income: -256000000 Open source Revenue: 9097000000 Open source
20152015-12-31	Free cash flow margin	5.1%	Revenue: 5795000000 Open source Operating Cash Flow: 633000000 Open source Capital Expenditure: 339000000 Open source
20162016-12-31	Free cash flow margin	2.5%	Revenue: 7014000000 Open source Operating Cash Flow: 515000000 Open source Capital Expenditure: 343000000 Open source
20172017-12-31	Free cash flow margin	4.3%	Revenue: 8596000000 Open source Operating Cash Flow: 847000000 Open source Capital Expenditure: 476000000 Open source
20182018-12-31	Free cash flow margin	2%	Revenue: 9097000000 Open source Operating Cash Flow: 734000000 Open source Capital Expenditure: 555000000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

Unit1 734M 2018

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(Unit1)	Source evidence
20152015-12-31	Operating cash flow	633000000	Operating Cash Flow: 633000000 Open source
20162016-12-31	Operating cash flow	515000000	Operating Cash Flow: 515000000 Open source
20172017-12-31	Operating cash flow	847000000	Operating Cash Flow: 847000000 Open source
20182018-12-31	Operating cash flow	734000000	Operating Cash Flow: 734000000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Unit1 179M 2018

Values and sources

Free cash flow values and source evidence
Period	Series	Value(Unit1)	Source evidence
20152015-12-31	Free cash flow	294000000	Operating Cash Flow: 633000000 Open source Capital Expenditure: 339000000 Open source
20162016-12-31	Free cash flow	172000000	Operating Cash Flow: 515000000 Open source Capital Expenditure: 343000000 Open source
20172017-12-31	Free cash flow	371000000	Operating Cash Flow: 847000000 Open source Capital Expenditure: 476000000 Open source
20182018-12-31	Free cash flow	179000000	Operating Cash Flow: 734000000 Open source Capital Expenditure: 555000000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

131.3% 2018

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
20152015-12-31	Liabilities / assets	137.4%	Total Liabilities: 9484000000 Open source Total Assets: 6902000000 Open source
20162016-12-31	Liabilities / assets	129%	Total Liabilities: 14001000000 Open source Total Assets: 10851000000 Open source
20172017-12-31	Liabilities / assets	128.1%	Total Liabilities: 14333000000 Open source Total Assets: 11191000000 Open source
20182018-12-31	Liabilities / assets	131.3%	Total Liabilities: 13589000000 Open source Total Assets: 10349000000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

1.25× 2018

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
20152015-12-31	Current assets / current liabilities	1.85×	Current Assets: 2210000000 Open source Current Liabilities: 1193000000 Open source
20162016-12-31	Current assets / current liabilities	1.6×	Current Assets: 3243000000 Open source Current Liabilities: 2031000000 Open source
20172017-12-31	Current assets / current liabilities	1.49×	Current Assets: 3466000000 Open source Current Liabilities: 2334000000 Open source
20182018-12-31	Current assets / current liabilities	1.25×	Current Assets: 3071000000 Open source Current Liabilities: 2457000000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2015 2015-01-01 – 2015-12-31	−Unit1 135 million Exact value Exact value: -135000000 Unit1 2015-01-01 – 2015-12-31: -135000000 Unit1 Inspect Net Income Open source Share or cite Citation for Net Income · ARD Finance S.A. · 2015-12-31 ARD Finance S.A. (edgar:1698039) Net Income: -135000000 Unit1 Concept: fundies:NetIncome Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039/explain?concept=fundies%3ANetIncome&period=2015-12-31&surface=latest&period_type=duration&start=2015-01-01&unit=Unit1&dimensions= Input fundies:NetIncome: -135000000 Unit1 (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837018003916/ardf-20180503.xml#7925738 Filing: 000155837018003916 The citation records this snapshot. The page link may show a newer release later.	Unit1 633 million Exact value Exact value: 633000000 Unit1 2015-01-01 – 2015-12-31: 633000000 Unit1 Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ARD Finance S.A. · 2015-12-31 ARD Finance S.A. (edgar:1698039) Operating Cash Flow: 633000000 Unit1 Concept: fundies:OperatingCashFlow Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039/explain?concept=fundies%3AOperatingCashFlow&period=2015-12-31&surface=latest&period_type=duration&start=2015-01-01&unit=Unit1&dimensions= Input fundies:OperatingCashFlow: 633000000 Unit1 (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837018003916/ardf-20180503.xml#2212400 Filing: 000155837018003916 The citation records this snapshot. The page link may show a newer release later.	Unit1 339 million Exact value Exact value: 339000000 Unit1 2015-01-01 – 2015-12-31: 339000000 Unit1 Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ARD Finance S.A. · 2015-12-31 ARD Finance S.A. (edgar:1698039) Capital Expenditure: 339000000 Unit1 Concept: fundies:CapitalExpenditure Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039/explain?concept=fundies%3ACapitalExpenditure&period=2015-12-31&surface=latest&period_type=duration&start=2015-01-01&unit=Unit1&dimensions= Input fundies:CapitalExpenditure: 339000000 Unit1 (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837018003916/ardf-20180503.xml#7952115 Filing: 000155837018003916 The citation records this snapshot. The page link may show a newer release later.	Unit1 294 million Calculation and evidence 633000000 − 339000000 Unit1 Exact free cash flow: 294000000 Unit1 2015-01-01 – 2015-12-31: 633000000 Unit1 · Inspect Operating Cash Flow · Source 2015-01-01 – 2015-12-31: 339000000 Unit1 · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ARD Finance S.A. · 2015-12-31 ARD Finance S.A. (edgar:1698039) Free cash flow: 294000000 Unit1 Concept: free-cash-flow Period: 2015-01-01 to 2015-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 633000000 Unit1 (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837018003916/ardf-20180503.xml#2212400 Filing: 000155837018003916 Input fundies:CapitalExpenditure: 339000000 Unit1 (2015-01-01 to 2015-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837018003916/ardf-20180503.xml#7952115 Filing: 000155837018003916 The citation records this snapshot. The page link may show a newer release later.
2016 2016-01-01 – 2016-12-31	−Unit1 172 million Exact value Exact value: -172000000 Unit1 2016-01-01 – 2016-12-31: -172000000 Unit1 Inspect Net Income Open source Share or cite Citation for Net Income · ARD Finance S.A. · 2016-12-31 ARD Finance S.A. (edgar:1698039) Net Income: -172000000 Unit1 Concept: fundies:NetIncome Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039/explain?concept=fundies%3ANetIncome&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=Unit1&dimensions= Input fundies:NetIncome: -172000000 Unit1 (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#8109525 Filing: 000155837019001414 The citation records this snapshot. The page link may show a newer release later.	Unit1 515 million Exact value Exact value: 515000000 Unit1 2016-01-01 – 2016-12-31: 515000000 Unit1 Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ARD Finance S.A. · 2016-12-31 ARD Finance S.A. (edgar:1698039) Operating Cash Flow: 515000000 Unit1 Concept: fundies:OperatingCashFlow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039/explain?concept=fundies%3AOperatingCashFlow&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=Unit1&dimensions= Input fundies:OperatingCashFlow: 515000000 Unit1 (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#2346804 Filing: 000155837019001414 The citation records this snapshot. The page link may show a newer release later.	Unit1 343 million Exact value Exact value: 343000000 Unit1 2016-01-01 – 2016-12-31: 343000000 Unit1 Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ARD Finance S.A. · 2016-12-31 ARD Finance S.A. (edgar:1698039) Capital Expenditure: 343000000 Unit1 Concept: fundies:CapitalExpenditure Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039/explain?concept=fundies%3ACapitalExpenditure&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=Unit1&dimensions= Input fundies:CapitalExpenditure: 343000000 Unit1 (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#8139865 Filing: 000155837019001414 The citation records this snapshot. The page link may show a newer release later.	Unit1 172 million Calculation and evidence 515000000 − 343000000 Unit1 Exact free cash flow: 172000000 Unit1 2016-01-01 – 2016-12-31: 515000000 Unit1 · Inspect Operating Cash Flow · Source 2016-01-01 – 2016-12-31: 343000000 Unit1 · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ARD Finance S.A. · 2016-12-31 ARD Finance S.A. (edgar:1698039) Free cash flow: 172000000 Unit1 Concept: free-cash-flow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 515000000 Unit1 (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#2346804 Filing: 000155837019001414 Input fundies:CapitalExpenditure: 343000000 Unit1 (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#8139865 Filing: 000155837019001414 The citation records this snapshot. The page link may show a newer release later.
2017 2017-01-01 – 2017-12-31	Unit1 38 million Exact value Exact value: 38000000 Unit1 2017-01-01 – 2017-12-31: 38000000 Unit1 Inspect Net Income Open source Share or cite Citation for Net Income · ARD Finance S.A. · 2017-12-31 ARD Finance S.A. (edgar:1698039) Net Income: 38000000 Unit1 Concept: fundies:NetIncome Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039/explain?concept=fundies%3ANetIncome&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=Unit1&dimensions= Input fundies:NetIncome: 38000000 Unit1 (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#8110018 Filing: 000155837019001414 The citation records this snapshot. The page link may show a newer release later.	Unit1 847 million Exact value Exact value: 847000000 Unit1 2017-01-01 – 2017-12-31: 847000000 Unit1 Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ARD Finance S.A. · 2017-12-31 ARD Finance S.A. (edgar:1698039) Operating Cash Flow: 847000000 Unit1 Concept: fundies:OperatingCashFlow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039/explain?concept=fundies%3AOperatingCashFlow&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=Unit1&dimensions= Input fundies:OperatingCashFlow: 847000000 Unit1 (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#2347295 Filing: 000155837019001414 The citation records this snapshot. The page link may show a newer release later.	Unit1 476 million Exact value Exact value: 476000000 Unit1 2017-01-01 – 2017-12-31: 476000000 Unit1 Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ARD Finance S.A. · 2017-12-31 ARD Finance S.A. (edgar:1698039) Capital Expenditure: 476000000 Unit1 Concept: fundies:CapitalExpenditure Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039/explain?concept=fundies%3ACapitalExpenditure&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=Unit1&dimensions= Input fundies:CapitalExpenditure: 476000000 Unit1 (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#8140468 Filing: 000155837019001414 The citation records this snapshot. The page link may show a newer release later.	Unit1 371 million Calculation and evidence 847000000 − 476000000 Unit1 Exact free cash flow: 371000000 Unit1 2017-01-01 – 2017-12-31: 847000000 Unit1 · Inspect Operating Cash Flow · Source 2017-01-01 – 2017-12-31: 476000000 Unit1 · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ARD Finance S.A. · 2017-12-31 ARD Finance S.A. (edgar:1698039) Free cash flow: 371000000 Unit1 Concept: free-cash-flow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 847000000 Unit1 (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#2347295 Filing: 000155837019001414 Input fundies:CapitalExpenditure: 476000000 Unit1 (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#8140468 Filing: 000155837019001414 The citation records this snapshot. The page link may show a newer release later.
2018 2018-01-01 – 2018-12-31	−Unit1 256 million Exact value Exact value: -256000000 Unit1 2018-01-01 – 2018-12-31: -256000000 Unit1 Inspect Net Income Open source Share or cite Citation for Net Income · ARD Finance S.A. · 2018-12-31 ARD Finance S.A. (edgar:1698039) Net Income: -256000000 Unit1 Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039/explain?concept=fundies%3ANetIncome&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=Unit1&dimensions= Input fundies:NetIncome: -256000000 Unit1 (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#8110507 Filing: 000155837019001414 The citation records this snapshot. The page link may show a newer release later.	Unit1 734 million Exact value Exact value: 734000000 Unit1 2018-01-01 – 2018-12-31: 734000000 Unit1 Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · ARD Finance S.A. · 2018-12-31 ARD Finance S.A. (edgar:1698039) Operating Cash Flow: 734000000 Unit1 Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=Unit1&dimensions= Input fundies:OperatingCashFlow: 734000000 Unit1 (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#2348028 Filing: 000155837019001414 The citation records this snapshot. The page link may show a newer release later.	Unit1 555 million Exact value Exact value: 555000000 Unit1 2018-01-01 – 2018-12-31: 555000000 Unit1 Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · ARD Finance S.A. · 2018-12-31 ARD Finance S.A. (edgar:1698039) Capital Expenditure: 555000000 Unit1 Concept: fundies:CapitalExpenditure Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039/explain?concept=fundies%3ACapitalExpenditure&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=Unit1&dimensions= Input fundies:CapitalExpenditure: 555000000 Unit1 (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#8141071 Filing: 000155837019001414 The citation records this snapshot. The page link may show a newer release later.	Unit1 179 million Calculation and evidence 734000000 − 555000000 Unit1 Exact free cash flow: 179000000 Unit1 2018-01-01 – 2018-12-31: 734000000 Unit1 · Inspect Operating Cash Flow · Source 2018-01-01 – 2018-12-31: 555000000 Unit1 · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · ARD Finance S.A. · 2018-12-31 ARD Finance S.A. (edgar:1698039) Free cash flow: 179000000 Unit1 Concept: free-cash-flow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T09:32:59Z Snapshot: 2e167c544acd282b1ed83fd55a50ba564bc60fa7bc814e8250bdebe50baf9663 Dimensions: Consolidated View: https://fundies.io/companies/edgar/1698039?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 734000000 Unit1 (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#2348028 Filing: 000155837019001414 Input fundies:CapitalExpenditure: 555000000 Unit1 (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1698039/000155837019001414/ardf-20181231.xml#8141071 Filing: 000155837019001414 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

28 filings · 308 latest values · 308 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001698039, 1698039, edgar:1698039

Also known as ARD Finance S.A.

ARD Finance S.A.

Latest fiscal year

Revenue

Operating margin

Operating cash flow

Free cash flow

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2018 2018-01-01 – 2018-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation