Basic-Fit 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	14.5	8	-2.7	-3.69	-150.05
Depreciation & Amortization	486.2	440.4	389.6	331.39	283.77
Loss (Gain) From Sale of Assets	-1	-2.7	-0.7	-2.94	-0.7
Asset Writedown & Restructuring Costs	-	8	1.3	-	0.11
Loss (Gain) From Sale of Investments	-2.2	-	-	-	-
Loss (Gain) on Equity Investments	-1.3	-1	-	-	-
Stock-Based Compensation	2.3	3.2	2.1	0.03	0.35
Other Operating Activities	127.1	117.6	86.7	55.95	-18.42
Change in Accounts Receivable	5.4	-10.8	13.5	-17.03	-29.14
Change in Inventory	7.1	-5.3	-3.7	-33.35	-23.57
Change in Accounts Payable	9.3	24.4	4.3	42.28	12.11
Operating Cash Flow	647.4	581.8	490.4	372.64	74.48
Operating Cash Flow Growth	11.28%	18.64%	31.60%	400.36%	-46.58%
Capital Expenditures	-271.5	-328.2	-322.3	-271.85	-172.12
Sale of Property, Plant & Equipment	1.8	12.9	4	0.4	0.69
Cash Acquisitions	-139.3	-31.3	-	-5.25	-
Sale (Purchase) of Intangibles	-6.5	-6.7	-10.3	-7.33	-5.84
Investment in Securities	4	-	-1.5	-	-
Other Investing Activities	0.1	-5.2	-0.4	-2.17	-0.93
Investing Cash Flow	-411.4	-358.5	-330.5	-286.18	-178.11
Long-Term Debt Issued	310	155	145	210	365.7
Long-Term Debt Repaid	-347.4	-287.8	-201.4	-268.94	-407.58
Net Debt Issued (Repaid)	-37.4	-132.8	-56.4	-58.94	-41.88
Issuance of Common Stock	-	-	-	-	204
Repurchase of Common Stock	-29.4	-3.6	-0.5	-1.53	-
Other Financing Activities	-110.9	-101.1	-75.6	-52.59	-58.78
Financing Cash Flow	-177.7	-237.5	-132.5	-113.06	103.34
Net Cash Flow	58.3	-14.2	27.4	-26.59	-0.3
Free Cash Flow	375.9	253.6	168.1	100.8	-97.64
Free Cash Flow Growth	48.23%	50.86%	66.77%	-	-
Free Cash Flow Margin	26.46%	20.87%	16.05%	12.68%	-28.66%
Free Cash Flow Per Share	5.75	3.85	2.55	1.53	-1.52
Cash Interest Paid	103.7	100.3	71.8	52.59	49.82
Cash Income Tax Paid	7.4	3.7	5.3	1.06	0.17
Levered Free Cash Flow	252.03	95.04	112.35	66.8	-55.42
Unlevered Free Cash Flow	333.71	163.73	169.6	102.73	-21.08
Change in Working Capital	21.8	8.3	14.1	-8.1	-40.59

Source: S&P Global Market Intelligence. Standard template. Financial Sources.