Edenred SE 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	564	545	308	417	343
Depreciation & Amortization	289	245	346	164	127
Stock-Based Compensation	23	28	21	20	12
Other Adjustments	8	36	-16	27	30
Changes in Income Taxes Payable	-24	-4	28	26	16
Changes in Other Operating Activities	410	179	365	359	76
Operating Cash Flow	1,309	1,049	1,095	1,032	632
Operating Cash Flow Growth	24.79%	-4.20%	6.11%	63.29%	-15.05%
Capital Expenditures	-198	-217	-190	-151	-114
Purchases of Investments	-13	-6	-14	-12	-19
Payments for Business Acquisitions	-16	-504	-1,036	-77	-72
Proceeds from Business Divestments	15	23	12	29	25
Investing Cash Flow	-212	-704	-1,228	-211	-180
Short-Term Debt Issued	-958	120	-493	-597	-335
Net Short-Term Debt Issued (Repaid)	-958	120	-493	-597	-335
Long-Term Debt Issued	756	505	1,198	10	416
Long-Term Debt Repaid	-6	-	-255	-	-
Net Long-Term Debt Issued (Repaid)	750	505	943	10	416
Issuance of Common Stock	-5	2	-	-1	-1
Repurchase of Common Stock	-125	-359	-25	-2	-41
Net Common Stock Issued (Repurchased)	-130	-357	-25	-3	-42
Common Dividends Paid	-333	-307	-278	-238	-96
Financing Cash Flow	-671	-39	147	-828	-57
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-76	-73	-1	-10	10
Net Cash Flow	311	213	-30	-36	377
Free Cash Flow	1,111	832	905	881	518
Free Cash Flow Growth	33.53%	-8.07%	2.72%	70.08%	-19.06%
FCF Margin	37.52%	29.13%	36.00%	43.38%	31.84%
Free Cash Flow Per Share	4.51	3.29	3.42	3.33	1.97
Levered Free Cash Flow	790	1,335	1,266	197	499
Unlevered Free Cash Flow	1,182	893.29	956.21	850.84	455.64

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.