ATH:HTO 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	501.1	478.8	531.7	388.6	557.6
Depreciation & Amortization	582	510.9	474	595.5	494.3
Other Amortization	-	192.4	192.5	199.6	173.3
Asset Writedown & Restructuring Costs	-8.7	-7.7	-4.6	-6.2	-178.1
Loss (Gain) From Sale of Investments	-0.9	-30.5	-0.9	-	50.4
Other Operating Activities	257	-38.2	-20.6	91.4	28.7
Change in Accounts Receivable	-198.3	-51.5	-99.3	18.7	-66.6
Change in Inventory	5.2	5.4	-4.9	-16	-11.3
Change in Other Net Operating Assets	59.2	42.6	127.2	45.6	89.2
Operating Cash Flow	1,178	1,102	1,195	1,317	1,224
Operating Cash Flow Growth	6.88%	-7.77%	-9.27%	7.60%	-1.90%
Capital Expenditures	-611.6	-599.7	-621.4	-639.5	-586
Divestitures	56.1	-4.2	-0.3	-9	199
Sale (Purchase) of Intangibles	-11.1	-	-	-	-
Investment in Securities	-0.1	-0.7	-0.7	0.1	0.3
Other Investing Activities	-14	13.3	10.4	2.7	-56
Investing Cash Flow	-572.9	-584.1	-604.8	-638.5	-435.5
Short-Term Debt Issued	-	3.8	1.3	4	-
Long-Term Debt Issued	62.8	40	80	300	350
Total Debt Issued	62.8	43.8	81.3	304	350
Long-Term Debt Repaid	-110.2	-111.6	-370.6	-481	-474.4
Net Debt Issued (Repaid)	-47.4	-67.8	-289.3	-177	-124.4
Repurchase of Common Stock	-150.1	-150.6	-177	-293.6	-190.3
Common Dividends Paid	-337.6	-296.9	-249.9	-249.9	-312.8
Other Financing Activities	-15.2	-	-0.1	-0.9	-5.7
Financing Cash Flow	-550.3	-515.3	-716.3	-721.4	-746.5
Foreign Exchange Rate Adjustments	-0.9	0.3	-0.2	2.1	-1
Miscellaneous Cash Flow Adjustments	-	-	-	-	73.3
Net Cash Flow	53.9	3.1	-126.2	-40.6	114.5
Free Cash Flow	566.4	502.5	573.7	677.7	638.2
Free Cash Flow Growth	12.72%	-12.41%	-15.35%	6.19%	10.02%
Free Cash Flow Margin	16.30%	13.99%	16.54%	19.61%	19.13%
Free Cash Flow Per Share	-	1.22	1.35	1.55	1.41
Cash Interest Paid	-	26.8	29.3	33.6	43.1
Cash Income Tax Paid	-	227.7	169.8	70.7	115.5
Levered Free Cash Flow	405.36	500.66	477.9	668.31	664.59
Unlevered Free Cash Flow	416.43	500.66	477.9	690.38	691.9
Change in Working Capital	-133.9	-3.5	23	48.3	11.3

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.