Immobel Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-93.7	-38.42	10.72	92.15
Depreciation & Amortization	3.58	4.37	6.16	4.69
Asset Writedown & Restructuring Costs	5.64	20.53	43.79	-
Provision & Write-off of Bad Debts	-	0.01	0.13	-0.11
Other Operating Activities	98.31	7.81	-67.67	-43.68
Change in Accounts Receivable	1.21	13.08	96.33	-63.25
Change in Inventory	97.24	-135.73	-183.64	-15.01
Change in Accounts Payable	-61.88	12.43	44.35	15.53
Change in Other Net Operating Assets	4.56	-9.43	-30.23	2.36
Operating Cash Flow	54.96	-125.36	-80.05	-7.33
Capital Expenditures	-0.6	-2.61	-4.76	-8.85
Sale of Property, Plant & Equipment	0.3	0.37	0.05	4.21
Divestitures	0.26	-	-	-
Investment in Securities	-1.08	-37	43.45	40.95
Other Investing Activities	17.96	22.24	47.99	13.02
Investing Cash Flow	16.83	-17	86.72	49.32
Long-Term Debt Issued	208.32	194.7	405.47	258.11
Long-Term Debt Repaid	-189.82	-132.22	-369.66	-143.57
Net Debt Issued (Repaid)	18.5	62.48	35.81	114.55
Issuance of Common Stock	-	-	0.12	16.42
Common Dividends Paid	-5.55	-30.41	-30.41	-28.91
Other Financing Activities	-35.02	-33.55	-13.85	-18.73
Financing Cash Flow	-22.07	-1.48	-8.33	83.32
Miscellaneous Cash Flow Adjustments	-0	-	4.21	-0
Net Cash Flow	49.72	-143.85	2.55	125.32
Free Cash Flow	54.36	-127.97	-84.81	-16.17
Free Cash Flow Margin	14.40%	-81.84%	-35.89%	-4.16%
Free Cash Flow Per Share	5.41	-12.84	-8.50	-1.62
Cash Interest Paid	35.02	33.55	19.73	15.46
Cash Income Tax Paid	-0.96	14.22	8.33	6.25
Levered Free Cash Flow	37.38	-138.29	-162.97	16.78
Unlevered Free Cash Flow	48.16	-132.12	-160.3	20.91
Change in Working Capital	41.13	-119.65	-73.18	-60.38

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