Akwel Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	16.22	24.19	35.72	11.08	51.15
Depreciation & Amortization	42.34	38.77	38.6	38.99	40.31
Other Amortization	-	0.5	-	0.73	-
Loss (Gain) From Sale of Assets	-2.78	-4.68	0.02	-2.59	0.14
Asset Writedown & Restructuring Costs	-	-	-	-	3.68
Loss (Gain) on Equity Investments	-3.63	0.21	0.98	0.61	0.46
Other Operating Activities	-36.62	7.3	9.34	-1.94	-3.7
Change in Accounts Receivable	22.37	19.89	-6.28	-5.18	35.14
Change in Inventory	-1.68	32.69	-18.31	-24.27	-7
Change in Accounts Payable	-	-24.06	-1.47	29.85	-37.14
Change in Other Net Operating Assets	16.98	1.72	5.31	1.58	2.16
Operating Cash Flow	53.19	96.54	63.9	48.88	85.67
Operating Cash Flow Growth	-44.90%	51.07%	30.74%	-42.94%	-47.16%
Capital Expenditures	-36.51	-46.91	-57.54	-40.35	-28.85
Sale of Property, Plant & Equipment	6.28	6.71	0.94	8.87	0.34
Cash Acquisitions	-	-	-3	-1.72	-
Investment in Securities	-5.45	-0.14	0.33	0.03	-1.49
Other Investing Activities	0	-	-0	-	-0
Investing Cash Flow	-35.68	-40.34	-59.26	-33.17	-30.01
Long-Term Debt Issued	-	0.54	0.73	-	1.47
Long-Term Debt Repaid	-8.96	-30.28	-8.7	-17.59	-42.06
Net Debt Issued (Repaid)	-8.96	-29.74	-7.97	-17.59	-40.59
Issuance of Common Stock	-	-	-	-	0.02
Common Dividends Paid	-7.96	-7.96	-8.02	-12.03	-12.03
Other Financing Activities	-24.62	-0.15	0	-0.44	0
Financing Cash Flow	-41.54	-37.86	-15.99	-30.06	-52.6
Foreign Exchange Rate Adjustments	-4.54	-19.42	-3.69	13.46	-10.7
Miscellaneous Cash Flow Adjustments	-	-	-0	-	-
Net Cash Flow	-28.57	-1.08	-15.04	-0.89	-7.65
Free Cash Flow	16.69	49.63	6.37	8.53	56.81
Free Cash Flow Growth	-66.38%	679.21%	-25.31%	-84.99%	-55.98%
Free Cash Flow Margin	1.78%	5.02%	0.60%	0.86%	6.16%
Free Cash Flow Per Share	0.63	1.87	0.24	0.32	2.22
Levered Free Cash Flow	39.56	42.6	1.76	17.2	55.8
Unlevered Free Cash Flow	40.44	43.6	2.82	18.23	56.9
Change in Working Capital	37.67	30.25	-20.75	1.99	-6.84

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