EDP, S.A. 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	800.98	952.35	679	656.72
Depreciation & Amortization	2,355	2,030	1,971	1,688
Other Amortization	15.17	7.97	7.68	7.75
Loss (Gain) on Sale of Assets	-268.27	-470.5	-426.92	-575.61
Loss (Gain) on Equity Investments	55.92	-88.13	-208.68	-108.11
Asset Writedown	2.27	152.93	-	36.18
Change in Accounts Receivable	-125.69	589.55	405.82	-1,267
Change in Accounts Payable	3.95	-882.73	766.26	785.56
Change in Other Net Operating Assets	106.99	-1,599	-1,023	-448.03
Other Operating Activities	1,251	1,493	1,607	1,245
Operating Cash Flow	4,198	2,186	3,778	2,020
Operating Cash Flow Growth	92.06%	-42.14%	87.03%	-17.73%
Capital Expenditures	-5,508	-5,406	-3,500	-3,352
Sale of Property, Plant & Equipment	214.91	63.92	66.25	873.84
Cash Acquisitions	-511.4	-1,214	-1,660	-125.25
Divestitures	920.47	1,293	1,776	5.85
Investment in Securities	-16.49	-86.9	-55.02	-397.38
Other Investing Activities	557.5	341.6	140.99	216.5
Investing Cash Flow	-4,344	-5,009	-3,232	-2,778
Long-Term Debt Issued	5,594	5,322	4,654	3,081
Short-Term Debt Repaid	-	-	-5.98	-
Long-Term Debt Repaid	-3,954	-4,361	-1,717	-2,802
Total Debt Repaid	-3,954	-4,361	-1,723	-2,802
Net Debt Issued (Repaid)	1,639	960.73	2,931	278.75
Issuance of Common Stock	-	1,946	-	1,416
Repurchase of Common Stock	-68.06	-20.86	-92	-
Common Dividends Paid	-811.7	-791.43	-749.8	-749.76
Other Financing Activities	-226.93	-822.39	-989.65	67.85
Financing Cash Flow	532.72	1,272	1,100	1,013
Foreign Exchange Rate Adjustments	-120.74	45.59	32.32	28.02
Miscellaneous Cash Flow Adjustments	-7.52	-22.49	-	-15.18
Net Cash Flow	258.85	-1,528	1,678	268.11
Free Cash Flow	-1,311	-3,220	277.79	-1,332
Free Cash Flow Margin	-8.76%	-19.87%	1.34%	-8.89%
Free Cash Flow Per Share	-0.32	-0.78	0.07	-0.34
Cash Interest Paid	854.24	864.8	729.45	499.57
Cash Income Tax Paid	376.11	383.89	258.85	89.85
Levered Free Cash Flow	-4,037	-4,758	2,275	-2,275
Unlevered Free Cash Flow	-3,487	-4,158	2,809	-1,967
Change in Working Capital	-14.76	-1,892	148.7	-929.58

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.