COFACE Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Net Income	-428.3	-472.9	326.8	211.6	-307.7	233.7	Upgrade
Depreciation & Amortization	126.7	125.8	31.4	47.6	34.9	32.6	Upgrade
Other Amortization	5.1	5.1	6.9	5.4	18.2	14.8	Upgrade
Gain (Loss) on Sale of Investments	2.8	2.8	-38.5	-46.2	-0.8	-1.1	Upgrade
Stock-Based Compensation	19.4	21.6	25.1	23.4	12.5	14.7	Upgrade
Operating Cash Flow	126.7	330.5	196.7	214	444.9	338.3	Upgrade
Operating Cash Flow Growth	-56.65%	68.02%	-8.08%	-51.90%	31.51%	60.03%	Upgrade
Cash Acquisitions	-1.6	3.1	-3.7	-17.7	-6	-62.9	Upgrade
Investing Cash Flow	1.4	48.6	130	131.3	33.2	-154.9	Upgrade
Long-Term Debt Issued	-	408.2	430.3	1,564	1,827	1,891	Upgrade
Common Dividends Paid	-206	-206	-199.8	-91	-90	-111.8	Upgrade
Net Cash Flow	-99.4	-262.7	-683.9	338.4	446.1	152.4	Upgrade
Free Cash Flow	126.7	330.5	196.7	214	444.9	338.3	Upgrade
Free Cash Flow Growth	-56.65%	68.02%	-8.08%	-51.90%	31.51%	60.03%	Upgrade
Free Cash Flow Margin	5.01%	12.80%	6.49%	7.13%	14.48%	10.82%	Upgrade
Free Cash Flow Per Share	6.14	16.18	9.53	11.62	25.70	20.64	Upgrade
Cash Interest Paid	130.3	110	67.7	90.4	86	87.8	Upgrade
Cash Income Tax Paid	6.8	25.6	34.6	34.7	13.7	1.3	Upgrade
Levered Free Cash Flow	110.15	216.7	23	124.08	635.84	-31.78	Upgrade
Unlevered Free Cash Flow	160.36	259.41	50.04	156.8	662.76	-5.51	Upgrade
Change in Net Working Capital	-144.1	-265.7	226.1	78	-438.5	261.1	Upgrade

Source: S&P Capital IQ. Insurance template. Financial Sources.