APG|SGA Cash Flow Statement

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

Millions CHF. 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	27.08	30.28	26.82	23.39	12.66
Depreciation & Amortization	9.91	9.11	9.45	10.2	9.85
Other Amortization	-	0.54	0.74	0.64	0.64
Loss (Gain) From Sale of Assets	-0.4	-3.48	-1.25	-1.64	-1.54
Other Operating Activities	-0.6	-0.71	-0.94	-0.41	-1.75
Change in Accounts Receivable	7.35	-1.81	-4.11	1.55	-8.37
Change in Inventory	0.97	0.63	-0.45	-0.24	0.38
Change in Accounts Payable	-0.23	5	9.13	5.04	-2.07
Change in Other Net Operating Assets	-2.55	1.45	-4.34	-20.27	0.79
Operating Cash Flow	41.53	40.99	35.04	18.26	10.59
Operating Cash Flow Growth	1.33%	16.96%	91.96%	72.40%	-67.59%
Capital Expenditures	-9.07	-7.52	-5.06	-4.55	-5.56
Sale of Property, Plant & Equipment	0.34	3.95	1.37	1.79	1.66
Cash Acquisitions	-	-	-	-0.64	-5.49
Sale (Purchase) of Intangibles	-0.39	-0.17	-0.03	-1	-1.72
Investment in Securities	0.01	0.1	-	0.12	6
Investing Cash Flow	-9.11	-3.64	-3.72	-4.28	-5.11
Long-Term Debt Repaid	-	-	-	-	-0.3
Net Debt Issued (Repaid)	-	-	-	-	-0.3
Issuance of Common Stock	0.57	0.54	0.59	0.69	0.7
Repurchase of Common Stock	-0.4	-0.16	-0.56	-0.69	-0
Common Dividends Paid	-35.97	-32.95	-32.95	-32.95	-
Financing Cash Flow	-35.8	-32.57	-32.92	-32.96	0.4
Foreign Exchange Rate Adjustments	-0.03	0.03	-0.11	-0.07	-0.1
Net Cash Flow	-3.4	4.81	-1.71	-19.05	5.78
Free Cash Flow	32.46	33.47	29.99	13.71	5.03
Free Cash Flow Growth	-3.03%	11.62%	118.74%	172.76%	-79.10%
Free Cash Flow Margin	9.87%	10.17%	9.16%	4.39%	1.88%
Free Cash Flow Per Share	10.82	11.17	10.01	4.58	1.68
Levered Free Cash Flow	25.63	28.04	25.31	8.41	2.97
Unlevered Free Cash Flow	25.63	28.04	25.31	8.43	2.98
Change in Working Capital	5.55	5.26	0.23	-13.93	-9.27

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