INA Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Dec '23 Dec 31, 2023	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Net Income	-8	-8	17.76	3.31	-15.45	-4.14	Upgrade
Depreciation & Amortization	14.37	14.37	20.01	13.43	17.01	14.42	Upgrade
Other Amortization	3.37	3.37	3.23	1.88	1.51	1.48	Upgrade
Other Operating Activities	29.12	29.12	16.41	8.2	45.5	20.97	Upgrade
Operating Cash Flow	38.87	38.87	57.4	26.82	48.56	32.73	Upgrade
Operating Cash Flow Growth	-32.29%	-32.29%	114.06%	-44.77%	48.35%	21.72%	Upgrade
Capital Expenditures	-2.44	-2.44	-1.74	-1.41	-2.52	-3.12	Upgrade
Sale of Property, Plant & Equipment	2.15	2.15	11.3	9.7	1.18	1.4	Upgrade
Sale (Purchase) of Intangibles	-2.34	-2.34	-0.83	-1.96	-4.13	-1.78	Upgrade
Investment in Securities	-	-	-1.51	-	-31.66	14.25	Upgrade
Other Investing Activities	-0	-0	-	0.78	0.31	0.64	Upgrade
Investing Cash Flow	-2.64	-2.64	7.22	7.11	-36.81	11.39	Upgrade
Long-Term Debt Issued	146.25	146.25	198.71	208.71	215.9	179.22	Upgrade
Long-Term Debt Repaid	-168.93	-168.93	-242.62	-215.32	-242.35	-189.3	Upgrade
Net Debt Issued (Repaid)	-22.69	-22.69	-43.92	-6.6	-26.45	-10.08	Upgrade
Other Financing Activities	-14.62	-14.62	-12.04	-10.51	-12.97	-15.34	Upgrade
Financing Cash Flow	-37.3	-37.3	-55.95	-17.11	-39.42	-25.42	Upgrade
Foreign Exchange Rate Adjustments	-0.04	-0.04	-0.08	-0.42	-0.14	-0.03	Upgrade
Miscellaneous Cash Flow Adjustments	0	0	-	-0	-	0	Upgrade
Net Cash Flow	-1.11	-1.11	8.59	16.4	-27.82	18.67	Upgrade
Free Cash Flow	36.43	36.43	55.67	25.41	46.04	29.61	Upgrade
Free Cash Flow Growth	-34.56%	-34.56%	119.05%	-44.80%	55.46%	22.82%	Upgrade
Free Cash Flow Margin	3.67%	3.67%	4.48%	2.57%	4.43%	2.81%	Upgrade
Free Cash Flow Per Share	0.07	0.07	0.09	0.04	0.09	0.06	Upgrade
Cash Interest Paid	14.62	14.62	12.07	10.51	12.97	15.34	Upgrade
Cash Income Tax Paid	5.62	5.62	4.42	1.29	-3.55	-0.3	Upgrade
Levered Free Cash Flow	38.01	38.01	34.37	70.56	44.03	19.46	Upgrade
Unlevered Free Cash Flow	47.05	47.05	40.93	77.54	52.41	27.94	Upgrade
Change in Net Working Capital	-28.43	-28.43	13.95	-55.5	-36.11	-10.18	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.