De'Longhi 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	316.3	310.74	250.38	177.43	311.1
Depreciation & Amortization	131	106.19	108.19	105.84	93.68
Other Amortization	-	11.43	-	-	-
Other Operating Activities	181.4	114.25	87.77	56.69	92.08
Change in Accounts Receivable	-	-39.91	2.37	103.35	47.95
Change in Inventory	-	-59.44	34.55	230.23	-312.92
Change in Accounts Payable	-	115.36	186.92	-417.73	321
Change in Income Taxes	-	-99.2	-97.56	-104.09	-64.19
Change in Other Net Operating Assets	-84.5	26.97	11.74	0.2	13.91
Operating Cash Flow	544.2	486.38	584.37	151.93	502.61
Operating Cash Flow Growth	11.89%	-16.77%	284.64%	-69.77%	7.53%
Capital Expenditures	-100.8	-85.64	-76.63	-113.64	-88.37
Sale of Property, Plant & Equipment	-	1.57	1.93	0.52	0.96
Cash Acquisitions	-	-302.25	-	-	-98.87
Sale (Purchase) of Intangibles	-	-17.84	-18.67	-15.28	-15.75
Investment in Securities	-	-19.13	-218.57	-0.89	-0.05
Other Investing Activities	-	-	-	-	-29.13
Investing Cash Flow	-100.8	-423.28	-311.94	-129.29	-231.2
Long-Term Debt Issued	-	0.57	312.65	200	450
Long-Term Debt Repaid	-	-181.21	-	-379.7	-356.68
Net Debt Issued (Repaid)	-	-180.64	312.65	-179.7	93.32
Issuance of Common Stock	5	12.71	5.1	3.36	7.11
Repurchase of Common Stock	-60.6	-	-	-	-
Common Dividends Paid	-196.5	-101.02	-72.43	-124.64	-80.67
Other Financing Activities	-64.5	-30.29	-22.33	22.51	42.84
Financing Cash Flow	-316.6	-299.24	223	-278.47	62.6
Foreign Exchange Rate Adjustments	-	5.65	-15.47	-	-
Miscellaneous Cash Flow Adjustments	-	-	-	-	29.13
Net Cash Flow	126.8	-230.49	479.95	-255.83	363.13
Free Cash Flow	443.4	400.75	507.74	38.29	414.24
Free Cash Flow Growth	10.64%	-21.07%	1226.06%	-90.76%	3.35%
Free Cash Flow Margin	11.66%	11.51%	16.55%	1.21%	12.88%
Free Cash Flow Per Share	-	2.64	3.35	0.25	2.70
Cash Interest Paid	-	24.52	22.33	6.33	3.92
Cash Income Tax Paid	-	99.2	97.56	104.09	64.19
Levered Free Cash Flow	269.47	285	622.65	-84.66	346.23
Unlevered Free Cash Flow	274.53	286.83	623.84	-75.92	350.17
Change in Working Capital	-84.5	-56.23	138.03	-188.03	5.75

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