Zignago Vetro Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	32.42	27.32	51.87	122.39	86.6	60.02
Depreciation & Amortization	51.26	51.79	54.4	54.47	48.84	43.21
Loss (Gain) From Sale of Assets	0.08	0.09	-0.07	-0.02	-0.39	-0.03
Asset Writedown & Restructuring Costs	-	-	-	-	5.76	-
Loss (Gain) on Equity Investments	-12.87	-12.04	-21.8	-45.89	-35.07	-20.76
Stock-Based Compensation	0.35	0.36	-0.72	0.45	0.8	1.05
Other Operating Activities	27.41	32.77	15.51	46.79	-0.52	23.89
Change in Accounts Receivable	7.36	-0.64	8.09	15.33	-35.74	-18.84
Change in Inventory	12.58	23.41	-3.48	-45.51	-18.61	2.99
Change in Accounts Payable	1.14	-0.94	-3.65	-9.96	29.06	10.28
Change in Other Net Operating Assets	1	1.37	9.13	12.09	-16.63	1.43
Operating Cash Flow	120.71	123.48	109.28	150.15	64.09	103.23
Operating Cash Flow Growth	26.35%	13.00%	-27.22%	134.30%	-37.92%	29.75%
Capital Expenditures	-41.31	-32.64	-44.06	-37.07	-66.35	-73.53
Sale of Property, Plant & Equipment	0.02	-	-	0.11	2.46	0.06
Sale (Purchase) of Intangibles	-0.45	-0.44	-0.32	-0.57	-1.44	-0.92
Investment in Securities	0.02	0.02	0.11	-6.78	-0.09	-
Other Investing Activities	2.13	1.15	-3.15	-1.7	-5.25	10.28
Investing Cash Flow	-39.59	-31.91	-47.43	-46.02	-70.67	-64.11
Long-Term Debt Issued	-	80	92.45	35	97	114.48
Total Debt Issued	80	80	92.45	35	97	114.48
Long-Term Debt Repaid	-	-90.62	-95.92	-99.4	-84.16	-53.58
Total Debt Repaid	-92.31	-90.62	-95.92	-99.4	-84.16	-53.58
Net Debt Issued (Repaid)	-12.31	-10.62	-3.47	-64.4	12.84	60.9
Issuance of Common Stock	-	-	-	2.68	6.92	-
Repurchase of Common Stock	-	-	-3.09	-4.64	-1.73	-
Common Dividends Paid	-39.72	-39.72	-66.38	-53.26	-35.5	-31.57
Other Financing Activities	-4.41	-5.12	-10.5	-10.45	-1.6	-1.14
Financing Cash Flow	-56.43	-55.45	-83.44	-130.06	-19.07	28.19
Foreign Exchange Rate Adjustments	-1.1	-0.41	0.78	2.49	-0.45	0.06
Net Cash Flow	23.59	35.71	-20.8	-23.44	-26.1	67.38
Free Cash Flow	79.41	90.84	65.22	113.08	-2.27	29.7
Free Cash Flow Growth	33.79%	39.28%	-42.32%	-	-	-33.05%
Free Cash Flow Margin	18.12%	20.42%	14.35%	21.75%	-0.48%	8.19%
Free Cash Flow Per Share	0.90	1.03	0.74	1.27	-0.03	0.34
Cash Interest Paid	4.24	5.47	10.8	13.87	11.42	1.22
Cash Income Tax Paid	-	-	-	-	-	1.52
Levered Free Cash Flow	61.76	67.67	20.7	62.62	-53.49	16.54
Unlevered Free Cash Flow	65.12	71.31	24.69	65.73	-52.25	17.52
Change in Working Capital	22.07	23.2	10.09	-28.05	-41.92	-4.14

Source: S&P Global Market Intelligence. Standard template. Financial Sources.