Louis Hachette Group 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	22	13	110	115	27
Depreciation & Amortization	945	889	84	-	-
Other Amortization	14	14	-	-	-
Loss (Gain) From Sale of Assets	-18	-38	-	-	-
Asset Writedown & Restructuring Costs	71	79	-14	-	-
Loss (Gain) on Equity Investments	-9	7	-124	-	-
Other Operating Activities	319	315	20	-102	-9
Change in Accounts Receivable	42	1	139	-	-
Change in Inventory	-33	-6	12	-	-
Change in Accounts Payable	-20	47	-7	-	-
Change in Other Net Operating Assets	-	-25	-	12	3
Operating Cash Flow	1,333	1,296	220	25	21
Operating Cash Flow Growth	2.85%	489.09%	780.00%	19.05%	-
Capital Expenditures	-257	-295	-58	-3	-2
Sale of Property, Plant & Equipment	45	1	11	-	-
Cash Acquisitions	18	-3	-	-	-175
Investment in Securities	-36	55	319	-2	-
Other Investing Activities	38	32	39	-	-
Investing Cash Flow	-192	-210	311	-5	-177
Short-Term Debt Issued	-	-	-	-	163
Long-Term Debt Issued	916	1,875	276	-	-
Total Debt Issued	916	1,875	276	-	163
Short-Term Debt Repaid	-	-	-	-11	-
Long-Term Debt Repaid	-1,420	-2,629	-326	-8	-5
Total Debt Repaid	-1,420	-2,629	-326	-19	-5
Net Debt Issued (Repaid)	-504	-754	-50	-19	158
Repurchase of Common Stock	-1	-	-	-	-
Common Dividends Paid	-59	-55	-	-	-
Other Financing Activities	-336	-158	-14	-2	-1
Financing Cash Flow	-900	-967	-64	-21	157
Foreign Exchange Rate Adjustments	20	-11	1	-	-
Miscellaneous Cash Flow Adjustments	-1	-4	-	-	-
Net Cash Flow	260	104	468	-1	1
Free Cash Flow	1,076	1,001	162	22	19
Free Cash Flow Growth	7.49%	517.90%	636.36%	15.79%	-
Free Cash Flow Margin	11.11%	10.77%	16.55%	6.88%	9.79%
Free Cash Flow Per Share	1.08	1.01	0.16	-	-
Cash Interest Paid	229	277	15	2	1
Cash Income Tax Paid	99	91	25	8	4
Levered Free Cash Flow	960.38	783.88	322.63	-10.25	-
Unlevered Free Cash Flow	1,105	947	338.25	-8.38	-
Change in Working Capital	-11	17	144	12	3

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.