Fertiglobe Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	367.3	159.9	348.9	1,250	702.7	74.3
Depreciation & Amortization	294.9	278.2	278.9	266.3	267.1	268
Other Amortization	1.3	1.3	0.4	-	-	-
Loss (Gain) on Equity Investments	-	-	-	-	-	0.1
Other Operating Activities	-85.4	9.4	188.4	632.8	404.5	23.7
Change in Accounts Receivable	-190.6	23.3	38.1	54.1	-175.7	69.1
Change in Inventory	-44.9	-30.5	-6.8	-21.1	8.3	-31.7
Change in Accounts Payable	230.4	164.2	-98.2	-37.8	128.1	97.9
Change in Other Net Operating Assets	-17.3	-9.1	8.2	17.5	-20.8	2
Operating Cash Flow	580.5	607.7	797.6	2,477	1,424	520.8
Operating Cash Flow Growth	-9.37%	-23.81%	-67.80%	73.99%	173.39%	104.16%
Capital Expenditures	-185.7	-168.3	-114.6	-115.5	-85.4	-67.1
Other Investing Activities	-	-	-	-	-	0.5
Investing Cash Flow	-185.7	-168.3	-114.6	-115.5	-85.4	-66.6
Long-Term Debt Issued	-	365.5	693.4	86	1,260	339.5
Long-Term Debt Repaid	-	-399.9	-192.8	-334.3	-532.5	-516.9
Net Debt Issued (Repaid)	-43.1	-34.4	500.6	-248.3	727.6	-177.4
Common Dividends Paid	-275	-350	-975	-1,090	-593.6	-129.7
Other Financing Activities	-64.4	-193.9	-904	-462.2	-235.9	-5.3
Financing Cash Flow	-438.7	-578.3	-1,378	-1,801	-951.9	-312.4
Foreign Exchange Rate Adjustments	6.6	-2.5	13.2	-18.4	-22.3	-31.5
Net Cash Flow	-37.3	-141.4	-682.2	542.9	364.2	110.3
Free Cash Flow	394.8	439.4	683	2,362	1,338	453.7
Free Cash Flow Growth	-22.94%	-35.67%	-71.08%	76.46%	195.00%	122.08%
Free Cash Flow Margin	15.89%	21.87%	28.27%	46.98%	40.43%	29.26%
Free Cash Flow Per Share	0.05	0.05	0.08	0.28	0.16	0.06
Cash Interest Paid	119.8	130.5	100.9	72	42.4	64.3
Cash Income Tax Paid	193.7	56.7	67.4	217.5	145.4	20.6
Levered Free Cash Flow	100.81	369.24	536.59	1,632	893.53	235.21
Unlevered Free Cash Flow	177.19	453.99	611.21	1,684	924.28	258.9
Change in Working Capital	-22.4	147.9	-58.7	12.7	-60.1	137.3

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.