Gr. Sarantis 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	53.06	46.02	39.31	45.41	40.29
Depreciation & Amortization	21.84	20.53	14.53	13.3	12.87
Other Amortization	0.08	0.08	0.01	-	-
Asset Writedown & Restructuring Costs	-0.09	0.83	0.28	0.06	-3.64
Other Operating Activities	-4.28	-0.78	-3.84	-4.55	2.08
Change in Accounts Receivable	-4.28	-8.67	-0.98	-7.14	-1.43
Change in Inventory	-11.3	-4.74	11.04	-10.58	9.76
Change in Other Net Operating Assets	21.9	8.58	-1.06	5.73	2.35
Operating Cash Flow	76.94	61.85	59.29	22.77	50.46
Operating Cash Flow Growth	24.39%	4.32%	160.34%	-54.87%	56.61%
Capital Expenditures	-37.35	-17.63	-7.33	-10.97	-30.5
Sale of Property, Plant & Equipment	0.51	0.7	0.12	4.76	0.13
Cash Acquisitions	-	-27.96	-3.22	-	-1.68
Divestitures	22.79	-	-	16.8	-
Other Investing Activities	0.95	1.32	3.52	4.56	6.68
Investing Cash Flow	-13.1	-43.57	-6.91	15.15	-25.38
Long-Term Debt Issued	10.47	24.29	55.78	15.02	33.92
Long-Term Debt Repaid	-35.07	-75.75	-39.12	-27.59	-38.18
Net Debt Issued (Repaid)	-24.6	-51.46	16.66	-12.57	-4.26
Repurchase of Common Stock	-4.91	-15.84	-11.97	-0.15	-0.63
Common Dividends Paid	-19.56	-14.67	-9.76	-9.77	-14.66
Other Financing Activities	-	0.6	-0.6	0	-
Financing Cash Flow	-49.07	-81.36	-5.67	-22.49	-19.55
Foreign Exchange Rate Adjustments	0.46	-0.14	3.62	-0.56	-0.31
Miscellaneous Cash Flow Adjustments	-0	-0.43	-0	-0	-0
Net Cash Flow	15.23	-63.65	50.33	14.87	5.21
Free Cash Flow	39.59	44.23	51.96	11.8	19.96
Free Cash Flow Growth	-10.48%	-14.89%	340.25%	-40.86%	396.67%
Free Cash Flow Margin	6.60%	7.37%	10.78%	2.65%	4.91%
Free Cash Flow Per Share	0.62	0.69	0.78	0.18	0.30
Cash Interest Paid	3.38	6.45	4.09	2.88	1.85
Cash Income Tax Paid	14.18	8.62	6.68	7.71	5.95
Levered Free Cash Flow	58.41	4.85	46.61	11.61	13.53
Unlevered Free Cash Flow	60.2	7.89	48.95	11.87	14.1
Change in Working Capital	6.32	-4.83	8.99	-11.99	10.68

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