ELI:RENE 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	181.58	159.81	152.51	149.24	111.77	97.15
Depreciation & Amortization	269.32	266.97	254.69	253.2	249.28	241.94
Other Operating Activities	-15.56	115.9	213.73	-772.4	252.42	360.94
Operating Cash Flow	435.34	542.69	620.93	-369.96	613.47	700.04
Operating Cash Flow Growth	-38.73%	-12.60%	-	-	-12.37%	86.05%
Capital Expenditures	-14.89	-21.62	-11.34	-5.13	-6.27	-4.84
Cash Acquisitions	-115.96	-115.96	-	-	-	-
Sale (Purchase) of Intangibles	-319.65	-361.85	-287.96	-244.54	-201.57	-196.76
Investment in Securities	-0.32	0.18	0.4	-5.77	0.39	13.4
Other Investing Activities	128.52	125.75	81.82	91.01	105.44	28.53
Investing Cash Flow	-322.31	-373.51	-217.08	-164.43	-102.01	-159.67
Long-Term Debt Issued	-	6,448	6,273	3,758	1,165	2,035
Long-Term Debt Repaid	-	-6,453	-6,489	-3,382	-1,525	-2,083
Net Debt Issued (Repaid)	22.87	-5.14	-216.39	375.48	-360.47	-48.38
Common Dividends Paid	-104.14	-104.14	-102.15	-102.15	-144.6	-113.43
Other Financing Activities	-64.24	-70.67	-83.5	-61.78	-40.57	-39.75
Financing Cash Flow	-145.51	-179.95	-402.04	211.55	-545.64	-201.56
Foreign Exchange Rate Adjustments	-3.63	-3.58	-1.98	-2.31	0.72	-1.22
Miscellaneous Cash Flow Adjustments	-	-	-0	-	-	-
Net Cash Flow	-36.1	-14.34	-0.17	-325.15	-33.47	337.59
Free Cash Flow	420.45	521.06	609.59	-375.09	607.2	695.2
Free Cash Flow Growth	-39.33%	-14.52%	-	-	-12.66%	91.90%
Free Cash Flow Margin	39.73%	49.16%	61.51%	-39.51%	77.15%	86.33%
Free Cash Flow Per Share	0.63	0.79	0.92	-0.56	0.92	1.05
Cash Interest Paid	71.37	71.37	70.55	65.23	40.57	39.75
Cash Income Tax Paid	10.63	10.63	-20.75	31.37	77.97	74.25
Levered Free Cash Flow	68.78	147.27	200.35	-613.1	470.05	435.84
Unlevered Free Cash Flow	108.99	185.72	251.18	-571.88	500.81	464.49

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