ATH:AIA Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	235.91	231.51	168.05	158.82	-41.91	Upgrade
Depreciation & Amortization	79.95	76.5	77.03	77.13	80.83	Upgrade
Other Amortization	1.15	1.19	1.19	0.65	0.77	Upgrade
Loss (Gain) From Sale of Assets	-	0	-0	0.2	-0.17	Upgrade
Loss (Gain) on Equity Investments	-0.55	-0.42	-	-	-	Upgrade
Provision & Write-off of Bad Debts	0.09	-0.04	0.05	0.4	-0.03	Upgrade
Other Operating Activities	-38.58	-1.45	-7.86	14.11	20.04	Upgrade
Change in Accounts Receivable	-9.05	21.66	20.96	-	-	Upgrade
Change in Inventory	-0.44	-0.2	-0.29	-	-	Upgrade
Change in Other Net Operating Assets	5.58	9.16	35.42	-92.1	36.79	Upgrade
Operating Cash Flow	274.05	337.92	294.55	159.22	96.33	Upgrade
Operating Cash Flow Growth	-18.90%	14.72%	85.00%	65.29%	-48.07%	Upgrade
Capital Expenditures	-33.05	-46.88	-51.7	-21.54	-15.08	Upgrade
Other Investing Activities	8.01	13.91	0.54	0	0.25	Upgrade
Investing Cash Flow	-25.03	-32.97	-51.16	-21.54	-14.83	Upgrade
Long-Term Debt Issued	20.94	49.9	935.25	9.19	147.58	Upgrade
Long-Term Debt Repaid	-55.71	-54.11	-798.06	-121.55	-0.42	Upgrade
Net Debt Issued (Repaid)	-34.76	-4.21	137.2	-112.36	147.16	Upgrade
Common Dividends Paid	-229	-555	-201	-	-0.32	Upgrade
Other Financing Activities	-	0	0	-	-	Upgrade
Financing Cash Flow	-263.76	-559.21	-63.8	-112.36	146.83	Upgrade
Miscellaneous Cash Flow Adjustments	-	-0	-0	0	0	Upgrade
Net Cash Flow	-14.74	-254.26	179.59	25.31	228.33	Upgrade
Free Cash Flow	241	291.04	242.85	137.67	81.24	Upgrade
Free Cash Flow Growth	-17.19%	19.84%	76.39%	69.46%	-48.66%	Upgrade
Free Cash Flow Margin	36.24%	49.89%	50.92%	58.52%	49.62%	Upgrade
Free Cash Flow Per Share	0.80	0.97	0.81	0.46	0.27	Upgrade
Cash Interest Paid	43.97	32.11	-	34.24	33.61	Upgrade
Cash Income Tax Paid	117.26	61.38	44.69	2.29	-22.24	Upgrade
Levered Free Cash Flow	60.55	384.3	254.91	-14.44	95.63	Upgrade
Unlevered Free Cash Flow	95.84	416.55	277.29	6.32	115.58	Upgrade
Change in Working Capital	-3.92	30.62	56.09	-92.1	36.79	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.