EBR:CFEB Cash Flow Statement

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

Millions EUR. 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	40.57	28.04	28.19	42.26	48.32
Depreciation & Amortization	22.43	21.83	21.35	20.87	20.22
Other Adjustments	0.64	14.82	5.83	9.31	8.82
Change in Receivables	6.08	59.14	3.49	-40.9	-22.87
Changes in Inventories	30.64	15.41	-12.62	-8.56	-12.99
Changes in Accounts Payable	23.21	-38.09	37.61	56.58	5.82
Changes in Other Operating Activities	-9.9	-12.86	-8.38	-9.66	-13.22
Operating Cash Flow	113.33	85.31	0.25	69.89	34.09
Operating Cash Flow Growth	32.85%	34159.04%	-99.64%	105.03%	-93.26%
Capital Expenditures	-7.63	-10.85	-19.7	-18.57	-14.56
Sale of Property, Plant & Equipment	7.57	2.35	3.01	2.91	3.37
Payments for Business Acquisitions	-	-	-	0	-2.24
Other Investing Activities	-1.41	0.23	-68.25	-7.46	-4.38
Investing Cash Flow	-3.34	-8.45	-11.04	-23.13	-17.81
Long-Term Debt Issued	0	44.6	86.33	15.01	33.48
Long-Term Debt Repaid	-72.94	-92.24	-38	-104.82	-33.51
Net Long-Term Debt Issued (Repaid)	-72.94	-47.64	48.33	-89.81	-0.03
Repurchase of Common Stock	-1.41	0	-0.84	-11.69	0
Net Common Stock Issued (Repurchased)	-1.41	0	-0.84	-11.69	0
Other Financing Activities	-12.75	-13.58	-13.33	38.92	-10.23
Financing Cash Flow	-84.87	-58.05	35.48	-62.57	-10.25
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.7	0.61	2.25	-0.64	-0.2
Net Cash Flow	25.12	18.81	24.69	-15.8	6.03
Free Cash Flow	105.7	74.46	-19.45	51.32	19.53
Free Cash Flow Growth	41.95%	-	-	162.75%	-96.04%
FCF Margin	10.15%	6.30%	-1.56%	4.40%	1.74%
Free Cash Flow Per Share	4.28	3.00	-0.78	2.05	0.77
Levered Free Cash Flow	19.36	-48.22	89.38	180.26	135.25
Unlevered Free Cash Flow	47.04	-31.51	38.91	74.92	22.02