Elecnor, S.A. (BME:ENO)

Elecnor Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	128.65	110.73	705.2	110.06	102.81	85.88
Depreciation & Amortization	86.77	78.37	70.24	66.24	58.86	85.79
Other Amortization	8.42	8.42	6.01	4.7	3.93	3.42
Loss (Gain) From Sale of Assets	-2.5	-	-	-	-	2.2
Asset Writedown & Restructuring Costs	-5.71	-4.31	0.92	-1.67	-3.5	0.57
Loss (Gain) From Sale of Investments	-0.41	-0.41	-3.31	-27.39	-10.24	0.68
Loss (Gain) on Equity Investments	-10.97	-13.51	-12.19	-16.52	-22.67	-22.75
Other Operating Activities	10.43	175.12	-61.86	20.69	-39	63.46
Change in Accounts Receivable	10.5	-73.98	-82.53	-241.82	2.6	-76.19
Change in Inventory	4.15	-0.31	-2.42	1.66	0.76	-4.91
Change in Accounts Payable	86.15	123.53	224.71	231.82	-	82.51
Change in Other Net Operating Assets	97.83	59.51	53.11	-11.93	20.06	-14.47
Operating Cash Flow	413.31	463.15	94.45	206	226.87	206.19
Operating Cash Flow Growth	155.20%	390.37%	-54.15%	-9.20%	10.03%	6.29%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-113.39	-99.8	-84.24	-85.51	-76.53	-99.52
Sale of Property, Plant & Equipment	15.6	13.85	5.46	2.97	3.59	10.02
Cash Acquisitions	-13.79	-13.79	-4.92	-2.11	-	-3.52
Divestitures	1.78	1.78	1,457	79.6	9.1	6.97
Sale (Purchase) of Intangibles	-16.41	-16.41	-12.64	-8.99	-6.56	-8.2
Investment in Securities	-29.41	-20.59	-314.56	-10.88	0.75	-15.22
Other Investing Activities	31.37	30.52	-82.62	-243.14	-58.91	9.5
Investing Cash Flow	-124.23	-104.45	963.31	-268.06	-128.55	-99.96

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	539.9	987.04	1,494	1,183	1,503
Long-Term Debt Repaid	-	-497.03	-1,411	-1,403	-1,200	-1,537
Net Debt Issued (Repaid)	-50.77	42.87	-423.84	91.12	-17.17	-33.94
Issuance of Common Stock	31	22.49	10.92	4.26	2.48	2.44
Repurchase of Common Stock	-31.13	-22.44	-11.09	-3.89	-2.49	-2.42
Common Dividends Paid	-44.29	-273.01	-573.69	-32.11	-20.85	-29.07
Other Financing Activities	-21.58	-19.3	-38.32	14.32	-75.88	-46.75
Financing Cash Flow	-116.77	-249.38	-1,036	73.7	-113.91	-109.75

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	172.31	109.32	21.74	11.65	-15.58	-3.52

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	299.92	363.34	10.21	120.5	150.35	106.67
Free Cash Flow Growth	236.81%	3457.65%	-91.52%	-19.86%	40.95%	-
Free Cash Flow Margin	6.82%	8.26%	0.27%	3.10%	4.39%	3.40%
Free Cash Flow Per Share	3.54	4.29	0.12	1.42	1.78	1.26
Levered Free Cash Flow	315.77	401.3	433.98	-501.89	6.38	68.54
Unlevered Free Cash Flow	328.81	412.66	447.79	-486.95	15.41	97.29

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	21.58	19.3	21.5	24.14	16.54	38.58
Cash Income Tax Paid	71.54	-98.93	259.3	53.28	25.5	38.53
Change in Working Capital	198.63	108.75	192.87	-20.27	23.41	-13.07

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 23, 2026

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