Nedap 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	24.59	18.53	21.64	18.7	18.28
Depreciation & Amortization	10.18	9.9	9.72	8.78	8.45
Other Amortization	1.58	0.57	0.39	0.81	1.04
Loss (Gain) From Sale of Assets	-0.17	-0.15	-0.2	-0.19	-0.11
Asset Writedown & Restructuring Costs	0.57	0.28	-	-	0.65
Stock-Based Compensation	2.61	-1.81	0.58	-0.55	1.97
Other Operating Activities	3.69	-1.25	-0.09	0.74	-0.77
Change in Accounts Receivable	-3.26	-3.88	6.84	-8.08	-6.37
Change in Inventory	1.52	7.2	-11.16	-4.28	-0.4
Change in Accounts Payable	1.63	-0.51	-0.83	2.81	5.79
Change in Income Taxes	1.73	0.31	2	-0.01	0.08
Change in Other Net Operating Assets	-0.14	-0.32	-0.03	-0.53	-0.33
Operating Cash Flow	44.52	28.87	29.83	17.66	28.28
Operating Cash Flow Growth	54.19%	-3.23%	68.94%	-37.56%	-6.67%
Capital Expenditures	-7.96	-10.9	-10.69	-9.73	-9.12
Sale of Property, Plant & Equipment	0.53	0.37	0.31	0.3	0.28
Divestitures	-	-	0.02	-	-
Sale (Purchase) of Intangibles	-2.12	-4.18	-7.7	-1.85	-0.71
Other Investing Activities	-	-	-1.1	-0.01	-
Investing Cash Flow	-9.55	-14.71	-19.16	-11.29	-9.55
Long-Term Debt Repaid	-15.49	-1.21	-1.07	-1.05	-1.22
Net Debt Issued (Repaid)	-15.49	-1.21	-1.07	-1.05	-1.22
Issuance of Common Stock	0.92	2.22	1.9	2.15	0.95
Common Dividends Paid	-21.15	-21.08	-19.66	-19.56	-14.6
Other Financing Activities	-	-	0.98	-0.07	-
Financing Cash Flow	-35.72	-20.08	-17.85	-18.52	-14.86
Foreign Exchange Rate Adjustments	-0.23	0.11	-0.15	0.03	0.06
Net Cash Flow	-0.98	-5.8	-7.33	-12.13	3.93
Free Cash Flow	36.56	17.97	19.14	7.93	19.16
Free Cash Flow Growth	103.38%	-6.11%	141.35%	-58.60%	-13.35%
Free Cash Flow Margin	13.06%	7.14%	7.29%	3.46%	9.26%
Free Cash Flow Per Share	5.53	2.73	2.92	1.22	2.96
Cash Interest Paid	0.66	0.95	0.68	0.3	0.32
Cash Income Tax Paid	2.84	5.75	4.97	3.92	5.62
Levered Free Cash Flow	29.87	7.8	7.27	2.33	14.02
Unlevered Free Cash Flow	30.27	8.44	7.75	2.53	14.22
Change in Working Capital	1.48	2.81	-3.18	-10.09	-1.24

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