Alfen Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2.67	-30.5	41.86	67.75	27.69
Depreciation & Amortization	22.16	26.27	14.16	10.16	8.51
Stock-Based Compensation	0.76	0.46	1.05	1	0.64
Other Adjustments	-8.05	14.25	-2.35	-2.01	-0.79
Change in Receivables	31.43	1.26	-17.29	-34.74	-28.28
Changes in Inventories	19.84	49.24	-18.96	-90.23	-21.6
Changes in Accounts Payable	-40.89	-9.64	1.18	42.08	21.03
Changes in Income Taxes Payable	2.7	-4.91	-13.78	-5.57	-3.45
Changes in Unearned Revenue	1.92	9.39	-0.23	12	6.78
Operating Cash Flow	32.54	55.82	5.64	0.43	10.54
Operating Cash Flow Growth	-41.70%	890.24%	1213.99%	-95.93%	-47.60%
Capital Expenditures	-3.54	-13.8	-23.99	-11.46	-4.03
Purchases of Intangible Assets	-10.45	-10.77	-10.71	-9.57	-7.65
Other Investing Activities	-	25.72	-24.4	-	-
Investing Cash Flow	-13.99	1.15	-59.1	-21.03	-11.68
Long-Term Debt Issued	0.43	0.32	35	-	-
Long-Term Debt Repaid	-9.34	-34.82	-6.63	-3.8	-3.92
Net Long-Term Debt Issued (Repaid)	-8.91	-34.5	28.37	-3.8	-3.92
Repurchase of Common Stock	-0.05	-1.07	-2.07	-0.04	-
Net Common Stock Issued (Repurchased)	-0.05	-1.07	-2.07	-0.04	-
Financing Cash Flow	-8.95	-35.57	26.3	-3.84	-3.92
Net Cash Flow	9.61	21.4	-27.17	-24.44	-5.07
Free Cash Flow	29.01	42.03	-18.36	-11.03	6.51
Free Cash Flow Growth	-30.98%	-	-	-	-57.96%
FCF Margin	6.66%	8.62%	-3.64%	-2.51%	2.61%
Free Cash Flow Per Share	1.33	1.93	-0.84	-0.51	0.30
Levered Free Cash Flow	-6.9	-4.96	16.43	6.23	24.77
Unlevered Free Cash Flow	-2.61	33.36	-9.33	10.8	29.49