Elinoil Hellenic Petroleum Company S.A. (ATH:ELIN)

ATH:ELIN 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	0.09	9.85	6.49	12.02	3.96
Depreciation & Amortization	11.27	10.39	6.59	6.2	6.14
Other Amortization	0.06	0.05	0.04	0.05	0.04
Other Operating Activities	1	-1	0.04	3.17	-0.93
Change in Accounts Receivable	71.37	-13.1	200.77	-235.37	-35.02
Change in Inventory	34.36	-47.14	2.35	-0.96	11.5
Change in Accounts Payable	-40.18	17.88	-	-	-
Change in Other Net Operating Assets	-	-	-167.74	188.38	4.71
Operating Cash Flow	77.97	-23.06	48.55	-26.51	-9.59
Capital Expenditures	-3.9	-5.76	-3.61	-2.34	-2.57
Sale of Property, Plant & Equipment	0.03	0.25	0.07	0.03	0.01
Divestitures	-	-	-	4.68	-
Investment in Securities	-	-	-	-0.05	-0.05
Other Investing Activities	0.71	0.58	0.39	0.48	0.57
Investing Cash Flow	-3.16	-4.92	-3.15	2.79	-2.04
Long-Term Debt Issued	42.21	91.93	38.62	100.57	82.95
Total Debt Issued	42.21	91.93	38.62	100.57	82.95
Long-Term Debt Repaid	-103.31	-58.07	-91.78	-83.24	-53.81
Total Debt Repaid	-103.31	-58.07	-91.78	-83.24	-53.81
Net Debt Issued (Repaid)	-61.1	33.86	-53.16	17.33	29.14
Common Dividends Paid	-3.24	-2.56	-	-1.75	-
Other Financing Activities	-0.94	-0.75	-0.58	-	-
Financing Cash Flow	-65.28	30.55	-53.73	15.58	29.14
Foreign Exchange Rate Adjustments	-0.05	0.02	0.03	0.14	-0.04
Net Cash Flow	9.48	2.59	-8.3	-7.99	17.47
Free Cash Flow	74.07	-28.82	44.94	-28.85	-12.16
Free Cash Flow Margin	3.31%	-1.04%	1.81%	-0.76%	-0.80%
Free Cash Flow Per Share	3.12	-1.22	1.90	-1.22	-0.51
Cash Interest Paid	7.61	16.97	11.75	12.64	5.23
Cash Income Tax Paid	1.25	4.09	5	1.47	1.92
Levered Free Cash Flow	72.5	-30.13	47.28	-27.84	-14.15
Unlevered Free Cash Flow	75.91	-24.07	50.69	-24.7	-12.23
Change in Working Capital	65.55	-42.36	35.38	-47.94	-18.81

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