Kendrion 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	19.5	-4.5	9.9	-46.3	14.4
Depreciation & Amortization	17.6	18.6	23.7	25.7	24.9
Other Amortization	-	2.8	3.1	2.3	2.9
Loss (Gain) From Sale of Assets	-4	-1.7	-	-	-
Asset Writedown & Restructuring Costs	0.2	6.2	0.1	58.7	3.5
Loss (Gain) From Sale of Investments	-	-	-	-	-0.6
Loss (Gain) on Equity Investments	0.3	0.1	-	-	0.1
Stock-Based Compensation	0.1	-	-	0.5	1.2
Other Operating Activities	0.6	-1.6	-3.3	2.4	-
Change in Accounts Receivable	-2.5	-20.9	2.7	-3.2	-7.1
Change in Inventory	3.7	3.2	-3.5	-5	-15.2
Change in Accounts Payable	-	11.8	6.7	3.1	5.9
Change in Unearned Revenue	-	-0.5	-0.3	0.2	-1
Change in Other Net Operating Assets	-5.1	5	-2.7	-0.5	-1.2
Operating Cash Flow	30.4	18.5	36.4	37.9	27.8
Operating Cash Flow Growth	64.32%	-49.18%	-3.96%	36.33%	-33.49%
Capital Expenditures	-6.2	-17.6	-23.9	-32	-23.7
Sale of Property, Plant & Equipment	1	0.2	1.1	0.2	0.7
Cash Acquisitions	-	-	-	-	-23.2
Divestitures	64.5	52.5	-	-	-
Sale (Purchase) of Intangibles	-4.1	-5.8	-6.3	-5.7	-6.1
Investment in Securities	-1.7	-3.5	-0.5	-0.4	3.5
Investing Cash Flow	53.5	25.8	-29.6	-37.9	-48.8
Short-Term Debt Issued	-	7.7	-	1.7	-
Long-Term Debt Issued	20	-	-	30.8	32.4
Total Debt Issued	20	7.7	-	32.5	32.4
Short-Term Debt Repaid	-	-	-3.1	-	-0.8
Long-Term Debt Repaid	-58.8	-54.7	-17.6	-3.3	-3.4
Total Debt Repaid	-58.8	-54.7	-20.7	-3.3	-4.2
Net Debt Issued (Repaid)	-38.8	-47	-20.7	29.2	28.2
Repurchase of Common Stock	-2.5	-	-	-	-
Common Dividends Paid	-19.7	-4.2	-7.1	-7.1	-4.3
Financing Cash Flow	-61	-51.2	-27.8	22.1	23.9
Foreign Exchange Rate Adjustments	-0.3	0.2	-0.2	0.1	1.1
Net Cash Flow	22.6	-6.7	-21.2	22.2	4
Free Cash Flow	24.2	0.9	12.5	5.9	4.1
Free Cash Flow Growth	2588.89%	-92.80%	111.86%	43.90%	-85.81%
Free Cash Flow Margin	9.68%	0.30%	4.04%	1.14%	0.88%
Free Cash Flow Per Share	1.54	0.06	0.81	0.39	0.28
Cash Interest Paid	-	8.4	8.4	4.1	3.2
Cash Income Tax Paid	-	3.2	9	5.2	6.2
Levered Free Cash Flow	38.14	18.06	9.48	2.59	-7.11
Unlevered Free Cash Flow	40.51	21.56	12.8	5.59	-4.86
Change in Working Capital	-3.9	-1.4	2.9	-5.4	-18.6

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.