BME:REN Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2.51	3.31	-15.95	3.55	6.9
Depreciation & Amortization	0.47	0.53	0.5	0.4	0.27
Asset Writedown & Restructuring Costs	1.02	-7.99	7.77	-7.04	-2.77
Loss (Gain) on Equity Investments	-1.28	-	-	-	-
Other Operating Activities	1.79	3.46	-0.43	1.11	-0.77
Change in Accounts Receivable	-1.29	-2	1.69	4.79	-7.01
Change in Inventory	13.09	5.78	9.26	7.41	5.63
Change in Accounts Payable	-1.23	-0.85	-2.14	-0.09	-0.42
Change in Other Net Operating Assets	-0.09	-0.9	-	-	-
Operating Cash Flow	15	1.34	0.7	10.13	1.84
Operating Cash Flow Growth	1019.18%	91.16%	-93.08%	451.85%	-89.94%
Capital Expenditures	-0.04	-0.11	-0.08	-0.35	-0.08
Sale of Property, Plant & Equipment	-	-	-	-	0.02
Divestitures	-	4.78	-	-	-
Sale (Purchase) of Intangibles	-0.04	-0.16	-0.21	-0.35	-0.16
Sale (Purchase) of Real Estate	-	-2.26	1.33	-5.99	-4.83
Investment in Securities	0.75	-1.15	15.85	-0.63	12.75
Other Investing Activities	5.73	3.83	-0.69	-	-
Investing Cash Flow	6.4	4.93	16.21	-7.32	7.7
Long-Term Debt Issued	-	16.19	30.02	52.25	54.12
Long-Term Debt Repaid	-16.36	-24.51	-57	-53.99	-53.72
Net Debt Issued (Repaid)	-16.36	-8.32	-26.97	-1.74	0.4
Issuance of Common Stock	0.15	0.34	0.28	0.13	0.09
Repurchase of Common Stock	-	-	-	-	-0.52
Common Dividends Paid	-	-	-	-2.2	-1.2
Financing Cash Flow	-16.21	-7.98	-26.7	-3.81	-1.24
Miscellaneous Cash Flow Adjustments	-0.16	-	-	-	-
Net Cash Flow	5.03	-1.71	-9.79	-1	8.3
Free Cash Flow	14.96	1.23	0.63	9.79	1.76
Free Cash Flow Growth	1113.46%	96.97%	-93.60%	457.66%	-90.35%
Free Cash Flow Margin	32.97%	4.79%	1.50%	18.16%	2.15%
Free Cash Flow Per Share	0.46	0.04	0.02	0.30	0.05
Cash Income Tax Paid	-0.95	-0.65	0.01	0.52	0.64
Levered Free Cash Flow	16.69	3.72	16.13	10.7	2.05
Unlevered Free Cash Flow	17.53	5.59	18.63	12.94	4.38
Change in Working Capital	10.48	2.03	8.8	12.11	-1.8

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.