EDP Renewables Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	233.8	215.8	-556.17	309.01	616.23	655.44
Depreciation & Amortization	924.83	933.83	865.84	774.58	716.31	623.32
Loss (Gain) on Sale of Assets	40.03	40.03	-	-	-	-
Asset Writedown	41.29	41.29	561.96	146.92	54.43	-
Other Operating Activities	-193.02	-191.02	-197.9	-385.9	-338.22	-467.28
Operating Cash Flow	1,088	1,040	673.72	844.61	1,049	811.49
Operating Cash Flow Growth	54.38%	54.36%	-20.23%	-19.47%	29.24%	-10.60%
Capital Expenditures	-2,802	-2,802	-4,179	-4,114	-2,350	-2,372
Sale of Property, Plant & Equipment	125.62	125.62	157.74	41.74	36.71	87.61
Cash Acquisitions	-1.47	-1.47	-492.37	-35.94	-1,015	-82.78
Divestitures	420.8	420.8	512.3	1,310	1,377	588.34
Other Investing Activities	182.37	279.37	458.64	56.62	32.24	-182.76
Investing Cash Flow	-1,632	-1,978	-3,543	-2,741	-1,919	-1,962
Long-Term Debt Issued	-	163.44	2,233	1,224	1,805	295.71
Long-Term Debt Repaid	-	-82.84	-66.79	-82.97	-120.15	-475.15
Net Debt Issued (Repaid)	80.6	80.6	2,166	1,141	1,685	-179.44
Issuance of Common Stock	-	-	-	993.22	-	-
Common Dividends Paid	-40.4	-40.4	-51.1	-66.4	-155.05	-114.09
Other Financing Activities	904.51	973.51	575.93	65.66	-564.39	1,967
Financing Cash Flow	944.71	1,014	2,691	2,133	965.79	1,673
Foreign Exchange Rate Adjustments	-72.57	-72.57	2.48	-36.71	72.22	6.45
Net Cash Flow	329.28	3.28	-176.21	199.84	168.15	529.4
Free Cash Flow	-1,714	-1,762	-3,506	-3,269	-1,301	-1,561
Free Cash Flow Margin	-77.84%	-77.73%	-173.83%	-162.83%	-60.84%	-98.74%
Free Cash Flow Per Share	-1.63	-1.68	-3.39	-3.23	-1.35	-1.67
Cash Interest Paid	294.31	294.31	169.65	191.97	245.66	153.29
Cash Income Tax Paid	115.3	121.3	250.1	157.08	56.82	45.36
Levered Free Cash Flow	-	-2,784	-4,319	-3,168	-409.08	-1,435
Unlevered Free Cash Flow	-	-2,539	-4,152	-2,994	-220.45	-1,328

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