Tivoli A/S (CPH:TIV)

Tivoli Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-	86.3	65.1	-41.5	-142.9
Depreciation & Amortization	-	96.5	101	102.2	117.1
Other Amortization	-	12.3	10.8	10.1	8
Asset Writedown & Restructuring Costs	-	0.7	7.5	9.9	6.9
Other Operating Activities	231.1	0.5	-10	59.9	-59.2
Change in Accounts Receivable	-	-17.7	-29.6	54.8	-30.9
Change in Inventory	-	-0.4	-2	-	3.1
Change in Accounts Payable	-	12.8	44	-31.1	-22.9
Change in Other Net Operating Assets	-16.3	-	-	-	-
Operating Cash Flow	214.8	191	186.8	164.3	-120.8
Operating Cash Flow Growth	12.46%	2.25%	13.69%	-	-
Capital Expenditures	-163.4	-121.9	-83.6	-89.4	-83
Other Investing Activities	-	-	-	-	0.4
Investing Cash Flow	-163.4	-121.9	-83.6	-89.4	-82.6
Short-Term Debt Issued	-	-	-	31.2	85
Total Debt Issued	-	-	-	31.2	85
Short-Term Debt Repaid	-	-12.9	-18.3	-85.1	-
Long-Term Debt Repaid	-30.6	-26.7	-34.7	-32.3	-34.8
Total Debt Repaid	-30.6	-39.6	-53	-117.4	-34.8
Net Debt Issued (Repaid)	-30.6	-39.6	-53	-86.2	50.2
Common Dividends Paid	-21.6	-16.3	-	-	-
Other Financing Activities	-	-1.3	-	-	-
Financing Cash Flow	-52.2	-57.2	-53	-86.2	50.2
Net Cash Flow	-0.8	11.9	50.2	-11.3	-153.2
Free Cash Flow	51.4	69.1	103.2	74.9	-203.8
Free Cash Flow Growth	-25.61%	-33.04%	37.78%	-	-
Free Cash Flow Margin	3.89%	5.69%	9.13%	10.41%	-42.66%
Free Cash Flow Per Share	8.98	12.09	18.05	13.10	-35.65
Cash Interest Paid	-	8.7	10.6	11.9	10.6
Cash Income Tax Paid	-	24.5	32.5	-65.8	18.4
Levered Free Cash Flow	-80.56	56.6	68.3	37.11	-317.65
Unlevered Free Cash Flow	-75.44	62.04	74.93	44.55	-311.03
Change in Net Working Capital	13.6	-3.7	16.4	-91.4	131

Updated Mar 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.