Italmobiliare 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	55.74	93.64	66.6	21.05	139.7
Depreciation & Amortization	53.88	46.44	37.51	31.91	25.02
Loss (Gain) From Sale of Assets	-33.89	-0.39	-45.84	-1.74	-9.35
Asset Writedown & Restructuring Costs	1.59	3.42	5.65	0.12	0.35
Loss (Gain) on Equity Investments	-3.18	-29.64	-12.57	-24.72	-23.06
Other Operating Activities	6.14	-6.04	28.04	-56.48	-14.74
Change in Accounts Receivable	-89.75	-84.29	-49.19	-77.54	-66.63
Change in Inventory	-1.63	-67.08	9.03	-16.66	-8.81
Change in Accounts Payable	17.45	32.27	3.67	21	7.9
Change in Other Net Operating Assets	12.5	29.89	28.57	25.04	21.58
Operating Cash Flow	19.43	18.2	71.46	-78.01	71.96
Operating Cash Flow Growth	6.73%	-74.52%	-	-	-18.97%
Capital Expenditures	-69.19	-61.98	-66.26	-34.88	-36.39
Sale (Purchase) of Intangibles	-12.45	-9.34	-9.57	-8.48	-6.25
Investment in Securities	-24.85	-99.56	-87.99	-12.38	-215.06
Other Investing Activities	81.75	174.17	121.55	37.76	244.76
Investing Cash Flow	-24.74	3.3	-42.28	-17.98	-12.94
Long-Term Debt Issued	65.83	144.22	32.3	139.72	-
Long-Term Debt Repaid	-	-	-	-	-9.22
Net Debt Issued (Repaid)	65.83	144.22	32.3	139.72	-9.22
Issuance of Common Stock	-	-	1.53	1.02	0.75
Repurchase of Common Stock	-6.07	-	-	-	-
Common Dividends Paid	-38.06	-126.85	-29.6	-59.2	-27.48
Other Financing Activities	-8.86	-20.08	-12.35	-17.77	-11.44
Financing Cash Flow	12.85	-2.71	-8.11	63.78	-47.39
Foreign Exchange Rate Adjustments	-1.92	-2.62	-0.79	-1.56	0.71
Net Cash Flow	5.62	16.17	20.27	-33.77	12.34
Free Cash Flow	-49.76	-43.77	5.2	-112.89	35.57
Free Cash Flow Growth	-	-	-	-	-40.73%
Free Cash Flow Margin	-6.39%	-6.18%	0.88%	-23.08%	7.15%
Free Cash Flow Per Share	-1.18	-1.03	0.12	-2.67	0.84
Cash Income Tax Paid	19.86	36.76	7.62	74.71	29.4
Levered Free Cash Flow	-64.76	12.58	-111.98	-99.34	117.28
Unlevered Free Cash Flow	-38.81	27.49	-92.16	-71.64	118.89
Change in Working Capital	-61.43	-89.21	-7.93	-48.16	-45.96

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