BVL:SPCCPI2 Cash Flow Statement

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

Millions USD. 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	2,029	1,455	1,193	1,256	1,613
Depreciation & Amortization	470.22	324.03	322.02	302.98	306.48
Other Amortization	-	91.09	48.37	48.49	39.32
Asset Writedown & Restructuring Costs	1.92	-	-	-	-
Other Operating Activities	-21.36	179.68	281.82	-208.29	263.78
Change in Accounts Receivable	-201.3	-	-	-	-
Change in Inventory	60.59	-	-	-	-
Change in Accounts Payable	-25.09	-	-	-	-
Change in Other Net Operating Assets	-14.25	-	-	-	-
Operating Cash Flow	2,300	2,049	1,846	1,399	2,222
Operating Cash Flow Growth	12.22%	11.04%	31.93%	-37.05%	62.23%
Capital Expenditures	-481.99	-580.13	-739.02	-602.48	-783.26
Sale of Property, Plant & Equipment	0.2	0.28	0.39	0.48	0.12
Cash Acquisitions	-	-0.5	-2	-0.99	-2.81
Sale (Purchase) of Intangibles	-0.7	-0.61	-0.63	-0.5	-0.33
Other Investing Activities	-445.68	2.67	0.44	0.89	-0.01
Investing Cash Flow	-928.17	-578.3	-740.82	-602.61	-786.28
Short-Term Debt Issued	-	-	-	54.34	391.15
Total Debt Issued	-	-	-	54.34	391.15
Short-Term Debt Repaid	-	-	-	-54.34	-391.15
Long-Term Debt Repaid	-	-8.58	-9.59	-9.73	-9.22
Total Debt Repaid	-	-8.58	-9.59	-64.07	-400.37
Net Debt Issued (Repaid)	-	-8.58	-9.59	-9.73	-9.22
Common Dividends Paid	-1,336	-1,042	-1,139	-641.44	-1,712
Other Financing Activities	-78.48	-50.93	-44.23	-76.46	-37.76
Financing Cash Flow	-1,414	-1,101	-1,193	-727.63	-1,759
Net Cash Flow	-42.41	369.91	-88.23	68.76	-322.61
Free Cash Flow	1,818	1,469	1,107	796.53	1,439
Free Cash Flow Growth	23.73%	32.77%	38.94%	-44.65%	68.24%
Free Cash Flow Margin	34.64%	31.91%	28.71%	20.38%	32.92%
Free Cash Flow Per Share	5.46	25.49	19.20	13.82	24.96
Cash Income Tax Paid	50.37	579.59	354.86	766.68	572.12
Levered Free Cash Flow	1,772	1,391	917.24	531.09	1,252
Unlevered Free Cash Flow	1,780	1,399	923.52	538.22	1,258
Change in Working Capital	-180.04	-	-	-	-

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