ATH:AIA Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Jun '25 Jun 30, 2025	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	230.99	235.91	231.51	168.05	158.82	-41.91	Upgrade
Depreciation & Amortization	80.47	79.95	76.5	77.03	77.13	80.83	Upgrade
Other Amortization	1.34	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	-0.55	-0.42	-	-	-	Upgrade
Provision & Write-off of Bad Debts	-0.01	0.09	-0.04	0.05	0.4	-0.03	Upgrade
Other Operating Activities	-57.44	-38.58	-1.45	-7.86	14.11	20.04	Upgrade
Change in Accounts Receivable	-7.25	-9.05	21.66	20.96	-	-	Upgrade
Change in Inventory	-0.05	-0.44	-0.2	-0.29	-	-	Upgrade
Change in Other Net Operating Assets	13.71	5.58	9.16	35.42	-92.1	36.79	Upgrade
Operating Cash Flow	261.2	274.05	337.92	294.55	159.22	96.33	Upgrade
Operating Cash Flow Growth	-17.47%	-18.90%	14.72%	85.00%	65.29%	-48.07%	Upgrade
Capital Expenditures	-111.41	-33.05	-46.88	-51.7	-21.54	-15.08	Upgrade
Other Investing Activities	7.29	8.01	13.91	0.54	0	0.25	Upgrade
Investing Cash Flow	-104.12	-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)	17.43	-34.76	-4.21	137.2	-112.36	147.16	Upgrade
Common Dividends Paid	-151.11	-229	-555	-201	-	-0.32	Upgrade
Other Financing Activities	-	-	0	0	-	-	Upgrade
Financing Cash Flow	-133.68	-263.76	-559.21	-63.8	-112.36	146.83	Upgrade
Miscellaneous Cash Flow Adjustments	-0	-	-0	-0	0	0	Upgrade
Net Cash Flow	23.4	-14.74	-254.26	179.59	25.31	228.33	Upgrade
Free Cash Flow	149.79	241	291.04	242.85	137.67	81.24	Upgrade
Free Cash Flow Growth	-47.53%	-17.19%	19.84%	76.39%	69.46%	-48.66%	Upgrade
Free Cash Flow Margin	20.37%	36.24%	49.89%	50.92%	58.52%	49.62%	Upgrade
Free Cash Flow Per Share	0.50	0.80	0.97	0.81	0.46	0.27	Upgrade
Cash Interest Paid	51.59	43.97	32.11	-	34.24	33.61	Upgrade
Cash Income Tax Paid	129.81	117.26	61.38	44.69	2.29	-22.24	Upgrade
Levered Free Cash Flow	107.86	60.55	384.3	254.91	-14.44	95.63	Upgrade
Unlevered Free Cash Flow	140.01	95.84	416.55	277.29	6.32	115.58	Upgrade
Change in Working Capital	6.4	-3.92	30.62	56.09	-92.1	36.79	Upgrade

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