Fertiglobe Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	159.9	348.9	1,250	702.7
Depreciation & Amortization	278.2	278.9	266.3	267.1
Other Amortization	1.3	0.4	-	-
Other Operating Activities	9.4	188.4	632.8	404.5
Change in Accounts Receivable	23.3	38.1	54.1	-175.7
Change in Inventory	-30.5	-6.8	-21.1	8.3
Change in Accounts Payable	164.2	-98.2	-37.8	128.1
Change in Other Net Operating Assets	-9.1	8.2	17.5	-20.8
Operating Cash Flow	607.7	797.6	2,477	1,424
Operating Cash Flow Growth	-23.81%	-67.80%	73.99%	173.39%
Capital Expenditures	-168.3	-114.6	-115.5	-85.4
Investing Cash Flow	-168.3	-114.6	-115.5	-85.4
Long-Term Debt Issued	365.5	693.4	86	1,260
Long-Term Debt Repaid	-399.9	-192.8	-334.3	-532.5
Net Debt Issued (Repaid)	-34.4	500.6	-248.3	727.6
Common Dividends Paid	-350	-975	-1,090	-593.6
Other Financing Activities	-193.9	-904	-462.2	-235.9
Financing Cash Flow	-578.3	-1,378	-1,801	-951.9
Foreign Exchange Rate Adjustments	-2.5	13.2	-18.4	-22.3
Net Cash Flow	-141.4	-682.2	542.9	364.2
Free Cash Flow	439.4	683	2,362	1,338
Free Cash Flow Growth	-35.67%	-71.08%	76.46%	195.00%
Free Cash Flow Margin	21.87%	28.27%	46.98%	40.43%
Free Cash Flow Per Share	0.05	0.08	0.28	0.16
Cash Interest Paid	130.5	100.9	72	42.4
Cash Income Tax Paid	56.7	67.4	217.5	145.4
Levered Free Cash Flow	369.24	536.59	1,632	893.53
Unlevered Free Cash Flow	453.99	611.21	1,684	924.28
Change in Working Capital	147.9	-58.7	12.7	-60.1

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.