Orsero Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	26.81	47.28	32.27	18.29
Depreciation & Amortization	33.04	31.49	28.11	24.99
Asset Writedown & Restructuring Costs	-15.42	-14.65	-	-
Other Operating Activities	6.81	4.95	0.99	0.9
Change in Accounts Receivable	-11.16	1.04	-5.97	1.47
Change in Inventory	-1.42	-2.37	-4.02	-8
Change in Accounts Payable	14.16	2.49	7.95	13.94
Change in Other Net Operating Assets	-2.89	4.94	-4.46	3.49
Operating Cash Flow	49.93	75.17	54.87	55.08
Operating Cash Flow Growth	-33.58%	36.99%	-0.39%	44.98%
Capital Expenditures	-25.01	-11.53	-26.56	-28.55
Sale of Property, Plant & Equipment	0.37	0.61	0.69	6.72
Cash Acquisitions	-0.56	-51.69	-	-
Sale (Purchase) of Intangibles	-1.31	-1.69	-2.8	-2.57
Investment in Securities	-	-	-4.64	-8.58
Other Investing Activities	-0.74	1.2	2.24	-0.37
Investing Cash Flow	-27.25	-63.1	-31.07	-33.35
Long-Term Debt Issued	17.8	59.24	54.22	27.35
Total Debt Issued	17.8	59.24	54.22	27.35
Long-Term Debt Repaid	-32.31	-39.5	-57.4	-31.76
Total Debt Repaid	-32.31	-39.5	-57.4	-31.76
Net Debt Issued (Repaid)	-14.51	19.74	-3.18	-4.41
Issuance of Common Stock	-	-	-	2.46
Repurchase of Common Stock	-1.01	-3.98	-2.22	-1.63
Common Dividends Paid	-10.16	-6.02	-5.21	-3.59
Other Financing Activities	-1.7	-0.57	0.59	-
Financing Cash Flow	-27.38	9.17	-10.01	-7.18
Miscellaneous Cash Flow Adjustments	-0	-0	0	-
Net Cash Flow	-4.7	21.23	13.79	14.56
Free Cash Flow	24.92	63.64	28.31	26.54
Free Cash Flow Growth	-60.84%	124.80%	6.67%	2016.19%
Free Cash Flow Margin	1.59%	4.13%	2.37%	2.48%
Free Cash Flow Per Share	1.46	3.70	1.64	1.52
Cash Interest Paid	-	-	-	3.65
Cash Income Tax Paid	7.34	7	5	4.01
Levered Free Cash Flow	30.08	64.31	24.12	20.08
Unlevered Free Cash Flow	37.4	71.43	26.67	22.36
Change in Working Capital	-1.3	6.1	-6.5	10.9

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