ELI:RAM 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	2015 - 2019
Period Ending	Mar '25 Mar 31, 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	2015 - 2019
Net Income	28.83	28.82	10.41	20.03	15.09	6.99	Upgrade
Depreciation & Amortization	0.42	0.49	0.42	3.33	3.21	3.17	Upgrade
Other Amortization	-	-	-	0.01	0.01	0.03	Upgrade
Other Operating Activities	-17.72	-14.62	15.58	-23.19	3.35	12.82	Upgrade
Operating Cash Flow	11.53	14.69	26.42	0.18	21.66	23	Upgrade
Operating Cash Flow Growth	-55.87%	-44.38%	14797.18%	-99.18%	-5.81%	26.29%	Upgrade
Capital Expenditures	-1.83	-2.14	-7.65	-4.35	-5.41	-1	Upgrade
Sale of Property, Plant & Equipment	0.32	0.04	0.66	0.09	0.34	0.05	Upgrade
Cash Acquisitions	-	-	-2.23	-	-	-	Upgrade
Sale (Purchase) of Intangibles	-	-	-	-	-0	-	Upgrade
Investment in Securities	54.79	54.79	-	-0.78	-	-0.52	Upgrade
Other Investing Activities	0.59	0.6	1.09	0.01	0.01	0.01	Upgrade
Investing Cash Flow	53.69	53.28	-8.04	-5.17	-5.07	-1.46	Upgrade
Long-Term Debt Issued	-	48.91	198.26	179.59	134.62	173.66	Upgrade
Long-Term Debt Repaid	-	-90.59	-207.87	-188.24	-133.36	-192.42	Upgrade
Net Debt Issued (Repaid)	-37.49	-41.68	-9.61	-8.66	1.26	-18.77	Upgrade
Common Dividends Paid	-34.87	-34.87	-21.03	-15.38	-15.38	-	Upgrade
Other Financing Activities	-0.69	-1.5	-1.49	-0.72	-0.89	-1.09	Upgrade
Financing Cash Flow	-73.05	-78.04	-32.12	-24.77	-15.01	-19.86	Upgrade
Miscellaneous Cash Flow Adjustments	0	-	-	-	-	-	Upgrade
Net Cash Flow	-7.83	-10.07	-13.74	-29.76	1.58	1.68	Upgrade
Free Cash Flow	9.71	12.55	18.77	-4.17	16.26	22	Upgrade
Free Cash Flow Growth	-51.02%	-33.14%	-	-	-26.10%	40.39%	Upgrade
Free Cash Flow Margin	93.79%	122.00%	188.49%	-2.15%	11.25%	21.31%	Upgrade
Free Cash Flow Per Share	0.38	0.49	0.73	-0.16	0.63	0.86	Upgrade
Cash Interest Paid	0.6	1.41	1.49	0.72	0.89	1.09	Upgrade
Cash Income Tax Paid	-	-1.56	6.16	1.13	2.08	1.26	Upgrade
Levered Free Cash Flow	30.82	30.6	1.92	-0.65	9.6	19.36	Upgrade
Unlevered Free Cash Flow	31.41	31.49	3.05	0.07	10.12	19.98	Upgrade
Change in Net Working Capital	-27.75	-28.24	-6.29	17.1	-0.67	-10.59	Upgrade

Updated Mar 20, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.