Mersen 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	14.1	59	81.6	67.7	54.4
Depreciation & Amortization	81.3	74.5	65.4	64.8	56.2
Other Amortization	0.5	0.4	0.4	0.3	0.3
Loss (Gain) From Sale of Assets	-	-	1	-3.5	0.5
Asset Writedown & Restructuring Costs	42.6	5.2	-	11.4	-
Other Operating Activities	30.3	45.8	27.7	28	11.3
Change in Other Net Operating Assets	17.2	9.1	3.2	-63.2	-5.9
Operating Cash Flow	186	194	179.3	105.5	116.8
Operating Cash Flow Growth	-4.12%	8.20%	69.95%	-9.68%	-11.98%
Capital Expenditures	-129.3	-204.3	-176.3	-97.3	-87.2
Sale of Property, Plant & Equipment	0.5	3.1	1.6	-	-
Cash Acquisitions	-1.9	-66.4	2.1	-2.6	-9.4
Sale (Purchase) of Intangibles	-13.4	-12.3	-11	-6.2	-5.5
Investment in Securities	-	-	-	-0.3	-
Other Investing Activities	-	-	-0.1	10.1	8.2
Investing Cash Flow	-144.1	-279.9	-183.7	-96.3	-93.9
Long-Term Debt Issued	311	311.4	416.4	549	190.1
Long-Term Debt Repaid	-269.4	-166.7	-479.3	-508.4	-254.5
Net Debt Issued (Repaid)	41.6	144.7	-62.9	40.6	-64.4
Issuance of Common Stock	-	-	96.1	-	1.6
Repurchase of Common Stock	-3.2	-0.5	-	-5.6	-
Common Dividends Paid	-21.9	-30.4	-30.2	-20.7	-13.5
Other Financing Activities	-25.5	-17.1	-20.1	-9.7	-8.7
Financing Cash Flow	-9	96.7	-17.1	4.6	-85
Foreign Exchange Rate Adjustments	2.1	3.2	-0.3	-4.1	0.8
Miscellaneous Cash Flow Adjustments	-	-0.1	-	-	0.1
Net Cash Flow	35	13.9	-21.8	9.7	-61.2
Free Cash Flow	56.7	-10.3	3	8.2	29.6
Free Cash Flow Growth	-	-	-63.41%	-72.30%	-60.16%
Free Cash Flow Margin	4.78%	-0.83%	0.25%	0.74%	3.21%
Free Cash Flow Per Share	2.28	-0.41	0.13	0.37	1.40
Cash Interest Paid	21	16.6	13.8	7.3	6.8
Cash Income Tax Paid	9.8	12.9	25	12.1	15.7
Levered Free Cash Flow	18.54	-37.28	-62.43	-31.88	-0.94
Unlevered Free Cash Flow	33.23	-24.43	-52.51	-25.8	4.58
Change in Working Capital	17.2	9.1	3.2	-63.2	-5.9

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