ATH:AIA 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	207.25	235.91	231.51	168.05	158.82
Depreciation & Amortization	82.38	79.95	76.5	77.03	77.13
Other Amortization	1.5	1.15	1.19	1.19	0.65
Loss (Gain) From Sale of Assets	-	-	0	-0	0.2
Loss (Gain) on Equity Investments	-0.58	-0.55	-0.42	-	-
Provision & Write-off of Bad Debts	-0.07	0.09	-0.04	0.05	0.4
Other Operating Activities	10.08	-38.58	-1.45	-7.86	14.11
Change in Accounts Receivable	16.65	-9.05	21.66	20.96	-
Change in Inventory	-0.02	-0.44	-0.2	-0.29	-
Change in Other Net Operating Assets	-3.66	5.58	9.16	35.42	-92.1
Operating Cash Flow	313.53	274.05	337.92	294.55	159.22
Operating Cash Flow Growth	14.41%	-18.90%	14.72%	85.00%	65.29%
Capital Expenditures	-161.01	-33.05	-46.88	-51.7	-21.54
Other Investing Activities	5.9	8.01	13.91	0.54	0
Investing Cash Flow	-155.1	-25.03	-32.97	-51.16	-21.54
Long-Term Debt Issued	72.76	20.94	49.9	935.25	9.19
Long-Term Debt Repaid	-62.83	-55.71	-54.11	-798.06	-121.55
Net Debt Issued (Repaid)	9.93	-34.76	-4.21	137.2	-112.36
Repurchase of Common Stock	-0.25	-	-	-	-
Common Dividends Paid	-151.11	-229	-555	-201	-
Other Financing Activities	0	-	0	0	-
Financing Cash Flow	-141.43	-263.76	-559.21	-63.8	-112.36
Miscellaneous Cash Flow Adjustments	-0	-	-0	-0	0
Net Cash Flow	17	-14.74	-254.26	179.59	25.31
Free Cash Flow	152.53	241	291.04	242.85	137.67
Free Cash Flow Growth	-36.71%	-17.19%	19.84%	76.39%	69.46%
Free Cash Flow Margin	20.77%	36.24%	49.89%	50.92%	58.52%
Free Cash Flow Per Share	0.50	0.80	0.97	0.81	0.46
Cash Interest Paid	45.96	43.97	32.11	-	34.24
Cash Income Tax Paid	60.86	117.26	61.38	44.69	2.29
Levered Free Cash Flow	121.32	60.55	384.3	254.91	-14.44
Unlevered Free Cash Flow	149.73	95.84	416.55	277.29	6.32
Change in Working Capital	12.97	-3.92	30.62	56.09	-92.1

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