Metlen Energy & Metals 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	314.47	614.59	623.11	465.9	162.17
Depreciation & Amortization	193.46	165.14	115.76	91.75	82.1
Other Amortization	0.73	0.49	0.42	0.45	0.44
Loss (Gain) on Sale of Assets	-	-	-0.01	0.64	-2.38
Loss (Gain) on Sale of Investments	0.49	-0.7	-4.26	9.45	-
Loss (Gain) on Equity Investments	-	-1.12	-	-	-
Asset Writedown	-	8.96	-	10.04	2.65
Change in Accounts Receivable	-258.84	-1,081	-291.71	-502.12	-303.94
Change in Inventory	94.74	-79.5	79.63	-94.8	-222.89
Change in Other Net Operating Assets	-51.18	747.34	-418.7	705.73	444.34
Other Operating Activities	132.19	35.3	51.79	201.63	57.91
Net Cash from Discontinued Operations	-	-	-	-	-0.44
Operating Cash Flow	445.88	409.05	156.03	888.65	219.97
Operating Cash Flow Growth	9.00%	162.16%	-82.44%	304.00%	-11.43%
Capital Expenditures	-627.71	-643.69	-875.73	-686.82	-365.15
Sale of Property, Plant & Equipment	-	-	3.59	0.33	0.76
Cash Acquisitions	-33.23	-16.42	-	-9.46	-
Divestitures	-	-	14.48	-	7.72
Sale (Purchase) of Intangibles	-59.84	-157.57	-178.6	-28.89	-14.91
Investment in Securities	23.44	-1.68	-15.29	-	0
Other Investing Activities	14.17	24.43	5.87	14.67	-14.18
Investing Cash Flow	-683.17	-794.93	-1,046	-710.17	-385.75
Long-Term Debt Issued	2,618	2,088	1,982	2,016	975.48
Long-Term Debt Repaid	-1,622	-1,055	-1,113	-1,667	-619.45
Net Debt Issued (Repaid)	996.72	1,033	868.13	348.84	356.03
Issuance of Common Stock	-	-	6.44	9.18	-
Repurchase of Common Stock	-6.32	-31.63	-	-	-26.84
Common Dividends Paid	-214.09	-206.36	-167.41	-70.07	-51.85
Other Financing Activities	-140.64	-3.51	-0.18	-7.1	-4.91
Financing Cash Flow	635.67	791.87	706.98	280.86	272.42
Foreign Exchange Rate Adjustments	-	-	0.42	-2.18	3.43
Net Cash Flow	398.38	405.99	-182.25	457.16	110.07
Free Cash Flow	-181.83	-234.64	-719.7	201.84	-145.18
Free Cash Flow Margin	-2.56%	-4.13%	-13.11%	3.20%	-5.45%
Free Cash Flow Per Share	-1.27	-1.65	-5.11	1.48	-1.07
Cash Interest Paid	161.79	134.84	78.46	31.74	23.47
Cash Income Tax Paid	46.5	122.58	139.35	42.98	32.91
Levered Free Cash Flow	-905.41	-204.71	-1,587	-416.13	-164.65
Unlevered Free Cash Flow	-810.47	-124.82	-1,538	-382.33	-140.61
Change in Working Capital	-215.27	-413.61	-630.78	108.8	-82.5

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