Centrale del Latte d'Italia S.p.A. (BIT:CLI)

BIT:CLI Cash Flow Statement

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	4.83	4.42	2.96	0.15	2.29	4.13
Depreciation & Amortization	15.75	15.27	15.99	16.46	16.24	10.15
Asset Writedown & Restructuring Costs	0	0	-	-	-	-
Provision & Write-off of Bad Debts	0.2	0.2	0.42	0.63	0.75	0.7
Other Operating Activities	2.72	3.94	4.28	1.42	0.84	0.66
Change in Accounts Receivable	10.74	-11.51	5.8	-5.15	-6.27	1.31
Change in Inventory	-2.75	0.29	1.55	-5.86	-9.09	0.42
Change in Accounts Payable	5.64	2.99	4.21	4.23	24.3	6.42
Change in Other Net Operating Assets	-1.37	0.32	2.02	-1.81	1.25	3.8
Operating Cash Flow	35.75	15.92	37.21	10.07	30.32	27.59
Operating Cash Flow Growth	82.73%	-57.22%	269.51%	-66.79%	9.89%	175.51%
Capital Expenditures	-3.16	-3.34	-2.22	-2.7	-7.13	-9.42
Cash Acquisitions	-	-	-	-0.3	-	-
Sale (Purchase) of Intangibles	-	-	-	-0	-	-0.07
Investment in Securities	-	-	-	-	-	-0.05
Investing Cash Flow	-3.16	-3.34	-2.22	-3	-7.13	-9.54
Short-Term Debt Issued	-	-	-	-	8.74	-
Long-Term Debt Issued	-	23.02	0.93	6.29	5	31.5
Total Debt Issued	3.53	23.02	0.93	6.29	13.74	31.5
Long-Term Debt Repaid	-	-23.96	-22.3	-39.01	-24.65	-19.81
Net Debt Issued (Repaid)	-21.39	-0.94	-21.37	-32.72	-10.91	11.69
Repurchase of Common Stock	-2.29	-2.29	-	-	-	-
Other Financing Activities	-3.61	-3.28	-4.22	-2.07	-1.73	-1.88
Financing Cash Flow	-27.29	-6.5	-25.59	-34.79	-12.64	9.82
Miscellaneous Cash Flow Adjustments	-	0.5	-	-3.02	-	-
Net Cash Flow	5.31	6.58	9.41	-30.75	10.55	27.87
Free Cash Flow	32.6	12.59	35	7.37	23.19	18.17
Free Cash Flow Growth	103.40%	-64.04%	374.83%	-68.22%	27.63%	-
Free Cash Flow Margin	9.14%	3.60%	10.48%	2.38%	8.18%	10.06%
Free Cash Flow Per Share	2.35	0.90	2.50	0.53	1.66	1.30
Cash Income Tax Paid	1.11	0.83	1.15	0.36	0.87	1.44
Levered Free Cash Flow	29.55	10.86	31.91	3.43	18	16.12
Unlevered Free Cash Flow	31.37	12.47	33.59	4.24	18.98	17.11
Change in Working Capital	12.26	-7.9	13.58	-8.59	10.19	11.95

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.