doValue 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	-8.22	1.9	-18.33	16.5	23.74
Depreciation & Amortization	107.14	42.45	66.92	56.72	91.01
Other Amortization	-	19.09	-	13.47	-
Asset Writedown & Restructuring Costs	-	12.37	26.11	1.34	3.55
Loss (Gain) From Sale of Investments	-	2.1	3.07	0.87	-1.36
Loss (Gain) on Equity Investments	-	2.95	-0.27	-	-0.08
Stock-Based Compensation	-	1.18	-5.85	5.56	1.03
Provision & Write-off of Bad Debts	-	3.82	-0.53	-0.33	1.75
Other Operating Activities	-4.86	-13.78	-24.61	-37.33	-8.49
Change in Accounts Receivable	-	-20.85	1.32	6.51	-32.92
Change in Accounts Payable	-	15.64	15	-3.33	21.89
Change in Other Net Operating Assets	6.95	5.31	8.67	2.33	33.48
Operating Cash Flow	101.01	76.19	71.51	62.3	123.6
Operating Cash Flow Growth	32.58%	6.54%	14.78%	-49.59%	24.91%
Capital Expenditures	-	-1.66	-1.99	-3.95	-4.19
Divestitures	-	-2.82	-	-	0.44
Sale (Purchase) of Intangibles	-	-22.11	-19.37	-27.11	-61.01
Investment in Securities	-6.76	-156.89	-	-	-
Other Investing Activities	-10.8	-	-	-	-
Investing Cash Flow	-17.56	-183.48	-21.36	-31.06	-64.77
Long-Term Debt Issued	-	431.4	25	87	302.31
Long-Term Debt Repaid	-	-357.02	-20.41	-106.51	-299.14
Net Debt Issued (Repaid)	-	74.38	4.59	-19.51	3.17
Issuance of Common Stock	-	156.13	-	-	-
Repurchase of Common Stock	-	-3.42	-2.12	-	-4.6
Common Dividends Paid	-	-	-47.99	-39.14	-20.72
Other Financing Activities	-7.7	-	-26.52	-5	-2.5
Financing Cash Flow	-7.7	227.09	-72.04	-63.65	-24.66
Net Cash Flow	75.75	119.79	-21.89	-32.4	34.18
Free Cash Flow	101.01	74.53	69.51	58.36	119.41
Free Cash Flow Growth	35.52%	7.22%	19.12%	-51.13%	30.03%
Free Cash Flow Margin	17.40%	15.56%	14.49%	10.46%	21.18%
Free Cash Flow Per Share	0.53	2.96	4.39	3.69	7.54
Cash Interest Paid	45.47	29.78	23.86	24	18.14
Cash Income Tax Paid	45.68	24.23	26	42.48	12.14
Levered Free Cash Flow	162.03	13.7	47.07	92.02	29.15
Unlevered Free Cash Flow	201.88	33.02	63.86	140.09	62.63
Change in Working Capital	6.95	4.1	25	5.51	12.45

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