ASM International NV 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	723.7	685.7	752.07	389.11	494.71
Depreciation & Amortization	251	195.8	180.9	122.43	95.58
Stock-Based Compensation	47.7	41.6	37.31	29.88	17.24
Other Adjustments	160.5	140.8	-127.76	270.33	0.65
Change in Receivables	162.1	-294.6	67.66	-125.07	-154.03
Changes in Inventories	-14.4	-32	-3.54	-276.91	-39.15
Changes in Accounts Payable	-97.9	112.1	-9.31	120.32	103.09
Changes in Accrued Expenses	16.4	9.9	-10.22	5.1	7.14
Changes in Income Taxes Payable	-160.2	-97.6	-118.77	-90.48	-151.62
Changes in Unearned Revenue	23.6	184.6	21.49	131.18	-
Changes in Other Operating Activities	-51.5	-48.6	-53.94	-34.4	7.03
Operating Cash Flow	1,061	897.7	735.89	541.49	380.64
Operating Cash Flow Growth	18.18%	21.99%	35.90%	42.26%	43.99%
Capital Expenditures	-218.5	-167.9	-154.1	-101.18	-72.2
Sale of Property, Plant & Equipment	0.2	8.8	3.56	0.94	6.16
Purchases of Intangible Assets	-249.8	-196.8	-163.61	-107.29	-84.65
Payments for Business Acquisitions	-157.6	-	-	-314.3	-
Other Investing Activities	-1.2	6	25.11	46.95	36.3
Investing Cash Flow	-626.9	-350	-289.04	-474.88	-114.4
Issuance of Common Stock	-	-	0.86	-	4.63
Repurchase of Common Stock	-152.1	-151.4	-100.93	-	-140.14
Net Common Stock Issued (Repurchased)	-152.1	-151.4	-100.07	-	-135.51
Common Dividends Paid	-147.3	-135.5	-123.38	-121.65	-96.89
Other Financing Activities	-14.1	-14.2	-12.6	-10.95	-7.85
Financing Cash Flow	-313.5	-301	-236.05	-132.6	-240.26
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-20	42.6	7.15	-6.2	30.29
Net Cash Flow	100.4	289.2	217.95	-72.19	56.28
Free Cash Flow	842.4	729.8	581.78	440.3	308.44
Free Cash Flow Growth	15.43%	25.44%	32.13%	42.75%	82.60%
FCF Margin	26.55%	24.88%	22.08%	18.26%	17.83%
Free Cash Flow Per Share	17.11	14.78	11.74	8.97	6.31
Levered Free Cash Flow	472.2	842	604.58	265.17	444.58
Unlevered Free Cash Flow	482.45	790.01	419.9	363.38	356.9

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.