OVS S.p.A. Cash Flow Statement

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

Millions EUR. Fiscal year is Feb - Jan.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jan '26 Jan 31, 2026	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023
Net Income	49.16	52.07	52.37	39.57
Depreciation & Amortization	246	229.1	232.54	225.75
Other Adjustments	135.98	94.27	71.94	45.55
Changes in Income Taxes Payable	-32.03	-24.19	-6.42	-10.53
Changes in Other Operating Activities	-81.24	-60.56	-36.16	-37.57
Operating Cash Flow	317.86	290.69	314.28	262.77
Operating Cash Flow Growth	9.35%	-7.51%	19.60%	-
Capital Expenditures	-80.65	-85.9	-95.48	-80.67
Sale of Property, Plant & Equipment	0.33	0.41	1.47	0.07
Purchases of Investments	-0	-0.15	0	0
Cash Acquisitions	-12.72	-1.5	0	0.73
Other Investing Activities	0	0	0	0.11
Investing Cash Flow	-93.04	-87.14	-94.01	-79.77
Long-Term Debt Issued	-19.16	-17.88	-15.18	-58.66
Net Long-Term Debt Issued (Repaid)	-19.16	-17.88	-15.18	-58.66
Repurchase of Common Stock	-12.87	-46.13	-31.37	-24.52
Net Common Stock Issued (Repurchased)	-12.87	-46.13	-31.37	-24.52
Common Dividends Paid	-27.07	-25.34	-16.49	-11.33
Other Financing Activities	-148.23	-132.27	-157.47	-125.63
Financing Cash Flow	-207.33	-221.61	-220.5	-220.14
Net Cash Flow	17.5	-18.06	-0.23	-37.13
Free Cash Flow	237.21	204.79	218.8	182.1
Free Cash Flow Growth	15.83%	-6.40%	20.15%	-
FCF Margin	12.85%	11.88%	13.42%	11.34%
Free Cash Flow Per Share	0.97	0.82	0.81	0.64
Levered Free Cash Flow	81.28	92.53	131.61	77.53
Unlevered Free Cash Flow	171.86	157.34	186.43	161.04