Reply Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-	213.77	188.46	192.18	152.41	124.21
Depreciation & Amortization	105.88	84.93	75.21	58.61	48.39	42.44
Other Adjustments	10.2	67.79	50.67	-21.19	29.75	-17.64
Change in Receivables	127.86	20.06	-76.2	-47.69	-37.92	87.54
Changes in Inventories	-255.67	-14.1	33.77	-8.28	-26.69	-4.46
Changes in Accounts Payable	-16.68	-15.71	22.17	1.65	25.77	-5.8
Changes in Other Operating Activities	-11.33	-7.31	-44.28	9.28	15.88	2.74
Operating Cash Flow	363.66	349.44	249.79	184.57	207.58	229.03
Operating Cash Flow Growth	41.73%	39.89%	35.34%	-11.08%	-9.37%	12.94%
Capital Expenditures	-19.18	-48.38	-29.27	-41.77	-37.12	-16.37
Purchases of Investments	-21.33	-13.18	-0.49	-2.56	-29.81	-3.02
Payments for Business Acquisitions	-113.81	-89.01	-10.94	-190.02	-93.16	-57.17
Investing Cash Flow	-194.57	-150.58	-40.69	-234.35	-160.09	-76.55
Long-Term Debt Issued	-	13.1	6.5	80.4	3.9	1.46
Long-Term Debt Repaid	-30.95	-29.79	-23.35	-11.17	-10.42	-13.61
Net Long-Term Debt Issued (Repaid)	-30.95	-16.69	-16.85	69.23	-6.52	-12.15
Issuance of Common Stock	-	-	-	-9.9	-	-
Repurchase of Common Stock	-	-	-	-	-7.2	-
Net Common Stock Issued (Repurchased)	-	-	-	-9.9	-7.2	-
Common Dividends Paid	-44.96	-39.25	-38.4	-30.64	-21.62	-20.89
Other Financing Activities	-18.86	-34.81	-33.5	-30.34	-29.97	-26.51
Financing Cash Flow	-100.93	-90.76	-88.75	-1.65	-65.31	-59.55
Effect of Exchange Rate Changes on Cash and Cash Equivalents	5.84	-	-	-	-	-
Net Cash Flow	64.88	108.11	120.36	-51.43	-17.82	92.93
Free Cash Flow	344.47	301.06	220.53	142.8	170.46	212.66
Free Cash Flow Growth	14.42%	36.52%	54.43%	-16.22%	-19.85%	14.22%
FCF Margin	14.41%	13.11%	10.41%	7.55%	11.49%	17.01%
Free Cash Flow Per Share	9.20	8.05	5.92	3.83	4.56	5.69
Levered Free Cash Flow	-172.34	193.88	227.45	279.74	170.38	130
Unlevered Free Cash Flow	145.79	224.94	260.74	223.68	175.77	148.49

Updated Jun 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.