Seri Industrial Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Apr '26 Apr 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-1,837	13.63	24.63	-12.42	-4.44
Depreciation & Amortization	70.68	41.31	33.41	26.77	21.66
Other Adjustments	882.15	0.11	-29.95	21.69	6.7
Change in Receivables	-776.81	-14.56	3.21	-5.68	4.74
Changes in Inventories	-	-3.61	-4.98	1.4	-12.15
Changes in Accounts Payable	-591.38	-7.06	51.36	-5.94	-1.41
Changes in Other Operating Activities	-689.65	-34.36	-29.13	74.95	-9.41
Operating Cash Flow	-2,942	-36.28	20.13	76.43	-6.5
Operating Cash Flow Growth	-	-	-73.66%	-	-
Capital Expenditures	-0.66	-62.18	-64.01	-5.14	-8.3
Sale of Property, Plant & Equipment	-	-	-	0	0.5
Purchases of Intangible Assets	0	-26.67	-23.52	-19.38	-9.54
Cash Acquisitions	-	0	-46.34	0	-
Proceeds from Business Divestments	-	-	-	-	0.08
Other Investing Activities	-2,717	-0.19	108.87	-0.93	0.64
Investing Cash Flow	-2,718	-89.04	-25	-25.14	-16.62
Long-Term Debt Issued	0	158.19	-	0.72	13.42
Long-Term Debt Repaid	-2,421	-28.52	-24.19	-16.38	-12.02
Net Long-Term Debt Issued (Repaid)	-2,421	129.66	-24.19	-15.66	1.41
Other Financing Activities	7,820	-4.57	11.24	3.48	27.03
Financing Cash Flow	5,399	124.9	-13.02	-11.66	28.44
Net Cash Flow	-260.42	-0.41	-17.88	39.64	5.32
Free Cash Flow	-2,943	-98.45	-43.88	71.29	-14.8
Free Cash Flow Growth	-	-	-	-	-
FCF Margin	-201.80%	-26.40%	-14.60%	35.63%	-7.41%
Free Cash Flow Per Share	-54.50	-1.82	-0.81	1.27	-0.26
Levered Free Cash Flow	-5,469	77.98	-12.45	64.41	-12.58
Unlevered Free Cash Flow	-30.71	154.9	176.41	222.78	93.36