Groupe Bruxelles Lambert 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	-625.4	132.3	1,723	-584.7	278.8
Depreciation & Amortization	595.9	532.7	667.3	644	538.7
Other Amortization	23.2	24.9	25.8	32.5	28.7
Loss (Gain) From Sale of Assets	687	234.3	-1,356	70.5	-166.4
Asset Writedown & Restructuring Costs	-	-	218.2	125	29
Loss (Gain) From Sale of Investments	-	-	-180.9	474.5	-0.8
Loss (Gain) on Equity Investments	-22	-126.4	-139.4	-41.9	-151.6
Other Operating Activities	8.6	-62.3	5.7	628.3	605
Change in Other Net Operating Assets	79.8	593.6	157.7	-528.9	-120.2
Operating Cash Flow	747.1	1,329	1,122	819.3	1,041
Operating Cash Flow Growth	-43.79%	18.45%	36.96%	-21.31%	-15.34%
Capital Expenditures	-678.1	-582.2	-566.3	-550	-403.9
Sale of Property, Plant & Equipment	22.2	2.3	15.6	20.7	9.4
Cash Acquisitions	-438.3	-485.9	-481	-1,913	-1,036
Divestitures	0.9	181.6	150.6	228	286.9
Sale (Purchase) of Intangibles	-	-	-90.2	-85.3	-49.7
Investment in Securities	1,640	1,026	-34.8	2,045	-349.4
Other Investing Activities	0.1	-	-0.1	-	-
Investing Cash Flow	546.7	141.6	-1,006	-255.2	-1,543
Long-Term Debt Issued	545.7	587	3,291	2,192	2,233
Long-Term Debt Repaid	-995.2	-1,117	-2,772	-1,056	-857.9
Net Debt Issued (Repaid)	-449.5	-530.4	519.3	1,136	1,375
Repurchase of Common Stock	-334.9	-291.9	-816.2	-643.6	-404.9
Common Dividends Paid	-619.4	-355	-380.1	-400.7	-380.4
Other Financing Activities	272.3	-25.1	-143	-54	-50.5
Financing Cash Flow	-1,132	-1,202	-820	37.3	539.4
Foreign Exchange Rate Adjustments	-11.6	-9.2	-11.3	-5.1	3.2
Miscellaneous Cash Flow Adjustments	-0.1	0.1	0.1	-	-0.1
Net Cash Flow	150.6	259.2	-715.3	596.3	40.8
Free Cash Flow	69	746.9	555.8	269.3	637.3
Free Cash Flow Growth	-90.76%	34.38%	106.39%	-57.74%	-30.71%
Free Cash Flow Margin	1.09%	11.74%	8.24%	4.96%	9.16%
Free Cash Flow Per Share	0.55	5.42	3.85	1.78	4.19
Cash Interest Paid	303.9	363.4	327.3	131.9	162.8
Cash Income Tax Paid	93.6	106.8	166	170.8	108.6
Levered Free Cash Flow	-616.44	393.64	1,112	-690.91	564.46
Unlevered Free Cash Flow	-460.5	620.64	1,288	-610.29	656.96
Change in Working Capital	79.8	593.6	157.7	-528.9	-120.2

Source: S&P Global Market Intelligence. Standard template. Financial Sources.