Wolters Kluwer N.V. (AMS:WKL)

Wolters Kluwer Cash Flow Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,308	1,079	1,007	1,027	728
Depreciation & Amortization	477	479	445	466	473
Stock-Based Compensation	26	31	31	28	24
Other Adjustments	111	301	289	169	194
Change in Receivables	-115	-32	4	91	-94
Changes in Inventories	8	9	-7	-11	-3
Changes in Accounts Payable	87	41	21	24	120
Changes in Income Taxes Payable	-358	-318	-325	-289	-277
Changes in Unearned Revenue	124	64	80	77	127
Changes in Other Operating Activities	104	82	98	178	150
Operating Cash Flow	1,668	1,654	1,545	1,582	1,292
Operating Cash Flow Growth	0.85%	7.05%	-2.34%	22.45%	7.94%
Capital Expenditures	-305	-314	-324	-295	-240
Sale of Property, Plant & Equipment	2	1	1	0	1
Payments for Business Acquisitions	-871	-335	-61	-92	-108
Proceeds from Business Divestments	399	1	8	106	76
Other Investing Activities	1	1	2	-18	-16
Investing Cash Flow	-774	-646	-374	-299	-287
Long-Term Debt Issued	1,925	1,237	977	631	500
Long-Term Debt Repaid	-1,098	-738	-926	-126	-100
Net Long-Term Debt Issued (Repaid)	827	499	51	505	400
Repurchase of Common Stock	-1,096	-1,000	-1,000	-1,000	-410
Net Common Stock Issued (Repurchased)	-1,096	-1,000	-1,000	-1,000	-410
Common Dividends Paid	-563	-521	-467	-424	-373
Other Financing Activities	-45	-70	-65	-72	-68
Financing Cash Flow	-877	-1,092	-1,481	-991	-451
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-71	40	-31	44	76
Net Cash Flow	-54	-44	-341	336	630
Free Cash Flow	1,363	1,340	1,221	1,287	1,052
Free Cash Flow Growth	1.72%	9.75%	-5.13%	22.34%	9.70%
FCF Margin	22.25%	22.65%	21.87%	23.60%	22.05%
Free Cash Flow Per Share	5.88	5.62	4.96	5.03	4.02
Levered Free Cash Flow	2,272	1,621	1,046	1,682	1,478
Unlevered Free Cash Flow	1,513	1,171	1,015	1,223	1,143

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.