Elis SA 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	366.6	337.7	262	202.6	114.3
Depreciation & Amortization	1,020	962.6	878	799.6	745.5
Loss (Gain) From Sale of Assets	-23.1	7.3	4.3	5.4	0.7
Asset Writedown & Restructuring Costs	-	-	-	58.7	-
Stock-Based Compensation	34.7	27.1	22.9	20.3	24.4
Other Operating Activities	113.4	122	160.8	57.9	68.8
Change in Accounts Receivable	-63.6	-15.8	-66.6	-119.3	-76.8
Change in Inventory	-5.3	-14	12.3	-50	1
Change in Accounts Payable	11.4	10.6	1.7	82.2	35.3
Change in Unearned Revenue	59.9	21.3	52.5	35.7	45.5
Change in Other Net Operating Assets	-3.6	-6.7	-2.3	-1.9	2.9
Operating Cash Flow	1,511	1,452	1,326	1,091	961.6
Operating Cash Flow Growth	4.03%	9.54%	21.48%	13.48%	13.45%
Capital Expenditures	-864	-860.8	-797.1	-673.3	-552.8
Sale of Property, Plant & Equipment	15.3	7.3	2.8	7.4	3.8
Cash Acquisitions	-117.6	-183.3	-82.1	-221.7	-86.8
Sale (Purchase) of Intangibles	-26.2	-26.6	-26.7	-26.5	-21.1
Other Investing Activities	0.2	4.1	0.3	0.5	0.6
Investing Cash Flow	-991.5	-1,060	-902.3	-912.5	-655.3
Long-Term Debt Issued	2,268	1,208	1,195	1,244	776.1
Long-Term Debt Repaid	-2,657	-1,454	-1,117	-1,193	-1,007
Net Debt Issued (Repaid)	-388.5	-246.6	78.1	51.3	-231.1
Issuance of Common Stock	14.8	10.4	9.1	4.6	17.6
Repurchase of Common Stock	-153.8	-2.2	-	-0.1	-
Common Dividends Paid	-105.1	-101.3	-61.7	-33.2	-
Other Financing Activities	-112.1	-83.6	-71.9	-76.3	-67.7
Financing Cash Flow	-744.7	-423.3	-46.4	-53.7	-281.2
Foreign Exchange Rate Adjustments	1.6	-11.3	1.8	1	-2.7
Miscellaneous Cash Flow Adjustments	0.1	-	-	-	0.1
Net Cash Flow	-223.9	-42.8	378.7	126	22.5
Free Cash Flow	646.6	591.3	528.5	417.9	408.8
Free Cash Flow Growth	9.35%	11.88%	26.47%	2.23%	12.18%
Free Cash Flow Margin	13.48%	12.93%	12.26%	10.94%	13.41%
Free Cash Flow Per Share	2.50	2.27	2.01	1.67	1.69
Cash Income Tax Paid	146.7	124.9	126.4	100.1	83.2
Levered Free Cash Flow	448.74	306.01	400.4	296.46	300.08
Unlevered Free Cash Flow	543.49	399.7	481.09	359.34	358.39
Change in Working Capital	-1.2	-4.6	-2.4	-53.3	7.9

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