Estoril Sol, SGPS Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Changes in Income Taxes Payable	-0.08	-0.1	-0.05	-0.13	-0.12	-0.11
Changes in Other Operating Activities	30.91	28.56	39.79	56.55	18.25	-23.08
Operating Cash Flow	30.84	28.46	39.74	56.41	18.13	-23.19
Operating Cash Flow Growth	20.93%	-28.39%	-29.56%	211.20%	-	-
Capital Expenditures	-7.44	-10.7	-3.24	-0.1	-0.09	-0.94
Purchases of Intangible Assets	-16.17	-15.9	-41.09	-0.01	-0.01	-0.01
Other Investing Activities	-31.41	-17.93	0.09	0.13	0.06	0.03
Investing Cash Flow	-55.02	-44.53	-44.24	0.02	-0.05	-0.93
Long-Term Debt Issued	0.06	-	-	38.25	86.6	176.21
Long-Term Debt Repaid	-0.52	-0.4	-0.3	-47.39	-84.68	-170.07
Net Long-Term Debt Issued (Repaid)	-0.46	-0.4	-0.3	-9.14	1.92	6.14
Common Dividends Paid	-7	-6	-15.5	-3	-9.7	-6.1
Other Financing Activities	-0.27	-0.25	-0.21	-0.27	-0.31	-0.27
Financing Cash Flow	-7.72	-6.66	-16.01	-12.41	-8.09	-0.23
Net Cash Flow	-31.91	-22.73	-20.51	44.02	9.99	-24.35
Free Cash Flow	23.4	17.76	36.5	56.32	18.03	-24.13
Free Cash Flow Growth	31.77%	-51.34%	-35.19%	212.28%	-	-
FCF Margin	18.06%	13.95%	27.76%	40.25%	20.48%	-30.64%
Free Cash Flow Per Share	1.96	1.49	3.06	4.72	1.51	-2.02
Levered Free Cash Flow	12.66	5.29	41.86	80.03	31.12	-38.32
Unlevered Free Cash Flow	29.98	22.7	60.09	99.35	37.47	-36.75