Euro-Cycles S.A Cash Flow Statement

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

Millions TND. 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	7.75	10.98	4.96	16.63	26.62
Depreciation & Amortization	4.16	3.61	7.07	5.62	2.73
Other Amortization	0	-	-	-	-
Other Operating Activities	-1.91	-2.52	-3.88	-1.2	-1.77
Change in Accounts Receivable	10.46	-13.64	8.65	12.17	5.06
Change in Inventory	18.87	24.77	44.1	-42.15	-82.05
Change in Accounts Payable	-10.23	6.73	-11.33	-46.27	56.35
Change in Other Net Operating Assets	0.34	2.06	2.98	3.4	-12.28
Operating Cash Flow	29.46	31.99	52.54	-51.79	-5.33
Operating Cash Flow Growth	-7.92%	-39.12%	-	-	-
Capital Expenditures	-0.26	-1.55	-3.06	-4.57	-6.34
Investment in Securities	-0.2	-2.88	0.09	-0.14	-0.02
Investing Cash Flow	-0.46	-4.43	-2.97	-4.71	-6.36
Long-Term Debt Issued	117.38	109.2	95.17	122.08	89.48
Long-Term Debt Repaid	-139.27	-115.08	-137.75	-81.43	-54.17
Net Debt Issued (Repaid)	-21.89	-5.88	-42.58	40.65	35.3
Common Dividends Paid	-5.88	-2.94	-9.8	-14.88	-13.5
Other Financing Activities	-0	-	-0.03	3	-3.04
Financing Cash Flow	-27.77	-8.82	-52.41	28.77	18.77
Net Cash Flow	1.22	18.73	-2.83	-27.72	7.08
Free Cash Flow	29.2	30.44	49.48	-56.35	-11.67
Free Cash Flow Growth	-4.08%	-38.49%	-	-	-
Free Cash Flow Margin	29.35%	25.44%	45.31%	-34.91%	-7.92%
Free Cash Flow Per Share	2.98	3.11	5.05	-5.75	-1.19
Levered Free Cash Flow	29.24	30.78	52.83	-57.02	-16.25
Unlevered Free Cash Flow	32.53	35.22	57.66	-52.86	-15.64
Change in Working Capital	19.45	19.92	44.39	-72.84	-32.91