Altareit SCA 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	-67.1	-61	-325.6	74.4	72.2
Depreciation & Amortization	30.7	27.4	24.9	24.9	22.6
Other Amortization	1.5	1.9	1.9	-	1.8
Loss (Gain) From Sale of Assets	-1.3	0.4	3.3	1	-0.4
Asset Writedown & Restructuring Costs	11.7	27.8	17.2	8.6	-2
Loss (Gain) on Equity Investments	6	11.1	3.6	-42.2	-6.2
Stock-Based Compensation	10.3	-0.2	1	-3.7	-0.7
Other Operating Activities	8	52	-5.7	46.6	64.9
Change in Accounts Receivable	49.9	68.4	-	-	-
Change in Inventory	92.1	144.9	-	-	-
Change in Accounts Payable	-217	157.7	-	-	-
Change in Unearned Revenue	-23.6	-125.9	-	-	-
Change in Other Net Operating Assets	14.3	-48.2	392	-126.2	-100.7
Operating Cash Flow	-84.5	256.3	112.6	-16.6	51.5
Operating Cash Flow Growth	-	127.62%	-	-	-83.55%
Capital Expenditures	-101.3	-28.7	-0.9	-1.8	-9.9
Sale of Property, Plant & Equipment	0.2	2.4	2.6	3.5	3.1
Cash Acquisitions	-0.3	-16.8	4.8	-3.7	16.7
Divestitures	17.4	0.1	-	5.6	2
Investment in Securities	-41.2	-7	13.8	-81.3	-20.7
Other Investing Activities	23.3	35	49.8	22.7	27
Investing Cash Flow	-81	-14	63.6	-20.5	7.3
Long-Term Debt Issued	425.3	313.7	125.9	216.4	701.4
Long-Term Debt Repaid	-589.6	-347.8	-508.2	-698.5	-546.9
Net Debt Issued (Repaid)	-164.3	-34.1	-382.3	-482.1	154.5
Repurchase of Common Stock	-	-	-0.1	-	-
Other Financing Activities	-64.9	-68.4	-56.4	-49.1	-51.5
Financing Cash Flow	-229.2	-102.5	-438.8	-531.2	103
Miscellaneous Cash Flow Adjustments	-2.1	-0.1	0.1	-	0.1
Net Cash Flow	-396.8	139.7	-262.5	-568.3	161.9
Free Cash Flow	-185.8	227.6	111.7	-18.4	41.6
Free Cash Flow Growth	-	103.76%	-	-	-85.90%
Free Cash Flow Margin	-9.39%	8.72%	4.29%	-0.62%	1.39%
Free Cash Flow Per Share	-106.27	130.18	63.89	-10.52	23.79
Cash Interest Paid	43.9	62.1	43.4	26.6	34.8
Cash Income Tax Paid	1.5	-15.1	21	25.5	18.1
Levered Free Cash Flow	-322.18	204.55	104.36	-157.36	-19.08
Unlevered Free Cash Flow	-301.43	229.21	117.71	-144.68	-5.31
Change in Working Capital	-84.3	196.9	392	-126.2	-100.7

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