Thessaloniki Port Authority Societe Anonyme (ATH:OLTH)

ATH:OLTH 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	30.8	28.02	20.25	18.59	19.79
Depreciation & Amortization	8.56	7.76	7.64	6.62	6.05
Other Amortization	-	-	-	0.46	0.22
Asset Writedown & Restructuring Costs	-0.1	-0.02	0.21	-0.21	0.11
Other Operating Activities	-2.7	-0.99	-1.71	-0.08	1.12
Change in Accounts Receivable	3.09	-0.04	3.86	-4.62	3.67
Change in Inventory	-2.33	-0.69	-1.55	-0.92	-0.25
Change in Other Net Operating Assets	-2.3	2.6	-5.48	3.56	-1.02
Operating Cash Flow	35.03	36.64	23.22	23.39	29.68
Operating Cash Flow Growth	-4.39%	57.79%	-0.73%	-21.20%	17.54%
Capital Expenditures	-11.73	-5.92	-8.6	-16.28	-17.4
Sale of Property, Plant & Equipment	0.05	0.42	0.15	0.22	-
Sale (Purchase) of Intangibles	-0.31	-0.35	-0.55	-1.26	-
Investment in Securities	25.32	-69.41	-	75.58	-58.07
Other Investing Activities	2.74	3.51	2.11	0.35	0.48
Investing Cash Flow	16.07	-71.75	-6.9	58.61	-74.99
Long-Term Debt Repaid	-0.45	-0.41	-0.35	-0.69	-0.27
Net Debt Issued (Repaid)	-0.45	-0.41	-0.35	-0.69	-0.27
Common Dividends Paid	-20.16	-13.1	-14.65	-15.12	-14.31
Other Financing Activities	-	-	0.03	-	-
Financing Cash Flow	-20.61	-13.51	-14.97	-15.81	-14.58
Miscellaneous Cash Flow Adjustments	-	-	-	-	0
Net Cash Flow	30.48	-48.62	1.35	66.19	-59.89
Free Cash Flow	23.3	30.71	14.62	7.1	12.28
Free Cash Flow Growth	-24.13%	110.07%	105.80%	-42.15%	-31.08%
Free Cash Flow Margin	21.70%	30.51%	17.03%	8.33%	15.77%
Free Cash Flow Per Share	2.31	3.05	1.45	0.70	1.22
Cash Interest Paid	2.16	2.2	2.22	2.07	2.06
Cash Income Tax Paid	8.63	6.02	6.17	5.83	4.42
Levered Free Cash Flow	18.72	27.16	12.17	2.49	10.34
Unlevered Free Cash Flow	19.78	28.23	13.24	3.56	11.63
Change in Working Capital	-1.54	1.86	-3.17	-1.99	2.4

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