Gas Plus 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	19.77	12.55	49.22	3.35	3.15
Depreciation & Amortization	44.93	23.3	22.82	23.53	16.52
Other Amortization	-	0.36	1.5	0.16	0.24
Loss (Gain) on Sale of Assets	0.71	-0.26	-3.41	0.09	0.03
Asset Writedown	-0.68	-8.48	2.55	-8.92	-13.03
Change in Accounts Receivable	3.53	-4.16	19.19	-22.34	-6.56
Change in Inventory	0.34	0.74	-0.9	-0.31	-0.22
Change in Accounts Payable	-1.35	5.27	-26.86	19.32	6.9
Change in Other Net Operating Assets	-4.76	7.11	-22	7.08	8.99
Other Operating Activities	8.63	11.3	-22.86	41.31	5.02
Operating Cash Flow	71.11	47.74	19.25	63.27	21.05
Operating Cash Flow Growth	48.96%	148.05%	-69.58%	200.59%	546.44%
Capital Expenditures	-20.98	-11.09	-19.01	-24.45	-15.23
Sale of Property, Plant & Equipment	-	0.49	-	0.67	-
Sale (Purchase) of Intangibles	-3.39	-3.07	-5.48	-2.89	-2.86
Investment in Securities	-	-	7.5	-	-
Investing Cash Flow	-24.36	-13.67	-16.99	-26.67	-18.09
Long-Term Debt Issued	5	35.3	17.52	18.8	47.4
Total Debt Issued	5	35.3	17.52	18.8	47.4
Long-Term Debt Repaid	-29.94	-55.52	-26.9	-44	-34.52
Net Debt Issued (Repaid)	-24.94	-20.22	-9.38	-25.2	12.89
Common Dividends Paid	-8.72	-6.54	-2.18	-2.18	-
Other Financing Activities	0.02	0.52	-0.03	-0.08	0.68
Financing Cash Flow	-33.65	-26.24	-11.59	-27.46	13.56
Foreign Exchange Rate Adjustments	0.12	0.22	0.19	-0.05	0.01
Net Cash Flow	13.22	8.05	-9.14	9.09	16.54
Free Cash Flow	50.14	36.65	0.24	38.82	5.82
Free Cash Flow Growth	36.80%	15299.16%	-99.39%	566.75%	-
Free Cash Flow Margin	30.28%	27.62%	0.15%	16.56%	6.92%
Free Cash Flow Per Share	-	0.84	0.01	0.89	0.13
Cash Income Tax Paid	6.76	9.39	17.4	13.84	1.83
Levered Free Cash Flow	33.71	41.42	-29.49	51.03	20.26
Unlevered Free Cash Flow	39.31	43.79	-26.77	53	21.82
Change in Working Capital	-2.24	8.97	-30.58	3.75	9.12

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