Corbion 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	74.8	192.2	72.9	90	78.3
Depreciation & Amortization	82.9	84.1	82.2	72.7	60.8
Other Amortization	2.9	2.7	2.4	3.7	3.3
Loss (Gain) From Sale of Assets	0.1	-192.9	0.6	-9.1	-17.9
Asset Writedown & Restructuring Costs	2.2	0.9	-21.7	-	25.3
Stock-Based Compensation	5.2	4.7	4.1	4.8	3.5
Other Operating Activities	15.4	-150	-28.6	-13	-44.7
Change in Accounts Receivable	-14.2	6.2	4.7	-39	-33.2
Change in Inventory	-0.7	-5.2	61.5	-90.4	-54.4
Change in Accounts Payable	10.1	6.4	-41.9	14.6	25.7
Change in Other Net Operating Assets	-17.8	30.5	-10.7	4.7	-24.3
Operating Cash Flow	160.9	184.1	165.4	39	22.4
Operating Cash Flow Growth	-12.60%	11.31%	324.10%	74.11%	-79.45%
Capital Expenditures	-68.2	-84.2	-149.3	-235.8	-148.7
Sale of Property, Plant & Equipment	-	-	-	10.8	8.4
Cash Acquisitions	-	-	-	-	-9.3
Divestitures	-	-	-	-	20.4
Investment in Securities	-1.9	-1.6	-2.1	11.7	5.5
Other Investing Activities	-	251.8	4.6	14.2	4.3
Investing Cash Flow	-70.1	166	-146.8	-199.1	-119.4
Long-Term Debt Issued	2	-	46	236	132
Long-Term Debt Repaid	-48.6	-309.8	-18.2	-14.2	-13.1
Net Debt Issued (Repaid)	-46.6	-309.8	27.8	221.8	118.9
Repurchase of Common Stock	-10	-20	-	-	-
Common Dividends Paid	-37.2	-41.9	-33.1	-33	-33
Dividends Paid	-37.2	-41.9	-33.1	-33	-33
Other Financing Activities	-	-	-	-14.9	-
Financing Cash Flow	-93.8	-371.7	-5.3	173.9	85.9
Foreign Exchange Rate Adjustments	-1.6	0.7	-1.3	2.2	1.7
Net Cash Flow	-4.6	-20.9	12	16	-9.4
Free Cash Flow	92.7	99.9	16.1	-196.8	-126.3
Free Cash Flow Growth	-7.21%	520.50%	-	-	-
Free Cash Flow Margin	7.31%	7.76%	1.27%	-13.50%	-11.79%
Free Cash Flow Per Share	1.57	1.69	0.27	-3.31	-2.13
Cash Interest Paid	15.4	25.1	27.4	18.1	13
Cash Income Tax Paid	15.7	15.9	11.7	18.3	25.5
Levered Free Cash Flow	-13.4	114.13	-2.65	-196.48	-118.31
Unlevered Free Cash Flow	-3.9	126.63	14.23	-186.6	-111.13
Change in Working Capital	-22.6	37.9	13.6	-110.1	-86.2

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