Harboes Bryggeri Cash Flow Statement

Financials in millions DKK. Fiscal year is May - April.

Millions DKK. Fiscal year is May - Apr.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Apr '26 Apr 30, 2026	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022
Net Income	-	-	77.1	-2.96	-0.8
Depreciation & Amortization	80.56	78.67	80.91	88.08	99.81
Other Adjustments	-17.12	-16.86	-12.39	-9.63	-9.21
Changes in Income Taxes Payable	-2.88	-14.69	-3.59	-6.53	-11.93
Changes in Other Operating Activities	-70.96	-24.77	39.97	-127.75	22.25
Operating Cash Flow	-10.4	22.35	182.01	-58.79	100.13
Operating Cash Flow Growth	-	-87.72%	-	-	367.70%
Capital Expenditures	-103.82	-115.71	-129.25	-61.52	-49.45
Sale of Property, Plant & Equipment	6.56	16.11	2.2	3.63	0.21
Purchases of Intangible Assets	-	-	-	0	-1.22
Proceeds from Sale of Investments	-	-	-	0.82	3.31
Other Investing Activities	-	-	-	0	0.03
Investing Cash Flow	-97.25	-99.59	-127.04	-57.07	-47.12
Long-Term Debt Issued	-18.8	49.92	-13.35	91.43	0
Long-Term Debt Repaid	72.22	-18	-16.07	-15.99	-16.19
Net Long-Term Debt Issued (Repaid)	53.42	31.92	-29.42	75.44	-16.19
Common Dividends Paid	-8.45	-8.45	0	-	-
Other Financing Activities	-15.24	-12.75	-1.83	3.4	-7.19
Financing Cash Flow	29.73	10.73	-31.26	78.84	-23.38
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-	-	-	0.29	-0.18
Net Cash Flow	-29.27	-2.75	23.71	-37.01	29.63
Free Cash Flow	-114.21	-93.35	52.77	-120.3	50.68
FCF Margin	-6.56%	-5.12%	2.90%	-7.42%	3.57%
Free Cash Flow Per Share	-27.04	-22.09	12.53	-28.49	12.00
Levered Free Cash Flow	-16.65	0.22	13.39	-36.59	44.53
Unlevered Free Cash Flow	-62.25	-25.61	50.26	-109.14	60.2