SWI Capital Holding 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Net Income	301.66	1,550
Depreciation & Amortization	1.6	0.14
Asset Writedown & Restructuring Costs	-612.52	-2,149
Loss (Gain) From Sale of Investments	2.38	-397.17
Loss (Gain) on Equity Investments	-36.94	-315.38
Provision & Write-off of Bad Debts	0.56	-
Other Operating Activities	335.48	1,443
Change in Accounts Receivable	-7.02	-141.91
Change in Accounts Payable	6.47	0.5
Change in Other Net Operating Assets	4.47	2.33
Operating Cash Flow	-3.89	-7.04
Capital Expenditures	-0.57	-
Cash Acquisitions	-71.54	-
Sale (Purchase) of Real Estate	-123.47	-278.02
Investment in Securities	-152.93	-125.03
Other Investing Activities	-4.3	-
Investing Cash Flow	-352.8	-403.04
Long-Term Debt Issued	271.92	-
Total Debt Issued	271.92	514.72
Long-Term Debt Repaid	-91.78	-
Total Debt Repaid	-91.78	-26.01
Net Debt Issued (Repaid)	180.14	488.71
Issuance of Common Stock	305.02	-
Financing Cash Flow	485.15	488.71
Foreign Exchange Rate Adjustments	0.09	-
Net Cash Flow	128.55	78.62
Free Cash Flow	-4.45	-7.04
Free Cash Flow Margin	-4.74%	-1.53%
Free Cash Flow Per Share	-0.01	-0.02
Cash Interest Paid	8.94	7.5
Cash Income Tax Paid	0.19	0.54
Levered Free Cash Flow	138.11	-
Unlevered Free Cash Flow	145.38	-
Change in Working Capital	3.91	-139.07