Viscofan 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	159.92	157.02	140.96	139.43	133
Depreciation & Amortization	85.2	83.79	83.71	78.15	72.28
Stock-Based Compensation	6.78	2	2.35	1.58	1.17
Other Operating Activities	-6.59	1.87	9.34	7.67	-3.44
Change in Accounts Receivable	-24.32	-41.83	-5.31	-47.71	-7.66
Change in Inventory	-0.71	35.92	-66.61	-69.07	-17.59
Change in Accounts Payable	-24.91	-2.95	-18.73	10.67	43.55
Operating Cash Flow	195.37	235.82	145.71	120.73	221.3
Operating Cash Flow Growth	-17.15%	61.84%	20.69%	-45.45%	24.09%
Capital Expenditures	-80.45	-75.03	-77.13	-115.57	-95.78
Sale of Property, Plant & Equipment	0.08	0.63	1.16	0.42	0.47
Cash Acquisitions	-8.95	-7.21	-	-	-
Other Investing Activities	1.94	2.54	0.85	1.19	0.63
Investing Cash Flow	-87.37	-79.08	-75.12	-113.95	-94.68
Long-Term Debt Issued	218.48	172.48	156.37	108.64	59.25
Long-Term Debt Repaid	-155.13	-158.84	-119.74	-53.49	-60.94
Net Debt Issued (Repaid)	63.35	13.64	36.63	55.15	-1.69
Repurchase of Common Stock	-93.98	-90.72	-6.26	-12.23	-4.91
Common Dividends Paid	-51.14	-60.06	-89.51	-84.52	-78.33
Other Financing Activities	-14.38	-15.57	-11.57	-6.86	-6.01
Financing Cash Flow	-96.16	-152.71	-70.72	-48.46	-90.94
Foreign Exchange Rate Adjustments	-4.19	-0.88	0.93	1.52	3.68
Net Cash Flow	7.65	3.15	0.8	-40.16	39.36
Free Cash Flow	114.92	160.8	68.58	5.16	125.52
Free Cash Flow Growth	-28.53%	134.45%	1228.38%	-95.89%	2.03%
Free Cash Flow Margin	9.18%	13.36%	5.59%	0.43%	12.95%
Free Cash Flow Per Share	2.52	3.52	1.48	0.11	2.70
Cash Interest Paid	8.88	9.73	6.28	1.57	0.89
Cash Income Tax Paid	46.37	34.82	41.22	44.01	43.27
Levered Free Cash Flow	90.77	147.6	48.37	-52.72	92.36
Unlevered Free Cash Flow	96.46	153.68	52.29	-51.76	92.94
Change in Working Capital	-49.93	-8.86	-90.65	-106.1	18.29

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.