Manitou BF 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	68.42	121.88	143.39	54.73	86.76
Depreciation & Amortization	86.48	63.03	60.74	54.91	53.79
Other Amortization	-	16.11	-	-	-
Loss (Gain) on Equity Investments	-1.49	-2.82	-1.41	-1.5	-0.03
Other Operating Activities	-3.42	-4.89	1.87	8.02	9.91
Change in Accounts Receivable	-	181.25	-162.35	-157.4	-22.46
Change in Inventory	-	49.34	-167.66	-166.27	-65.37
Change in Accounts Payable	-	-174.3	48.04	106.23	94.98
Change in Other Net Operating Assets	151.78	0.42	24.76	-3.18	-27.6
Operating Cash Flow	301.76	250.01	-52.63	-104.47	129.99
Operating Cash Flow Growth	20.70%	-	-	-	-41.33%
Capital Expenditures	-83.71	-80.96	-72.61	-72.69	-31.53
Sale of Property, Plant & Equipment	0.77	0.67	0.93	0.6	10.45
Cash Acquisitions	-	-23.52	-2.71	-3.27	-
Sale (Purchase) of Intangibles	-31.03	-31.99	-32.43	-20.84	-20.33
Other Investing Activities	-1.18	-0.41	11.91	0.21	-0.21
Investing Cash Flow	-115.14	-136.21	-94.91	-95.99	-41.62
Long-Term Debt Issued	-	-	-	-	13.97
Long-Term Debt Repaid	-11.06	-10.63	-7.71	-6.41	-5.94
Net Debt Issued (Repaid)	-11.06	-10.63	-7.71	-6.41	8.03
Issuance of Common Stock	-	0.08	-	0.18	-
Repurchase of Common Stock	-0.02	-	-0.06	-	-0.2
Common Dividends Paid	-47.88	-51.73	-24.13	-30.61	-22.97
Other Financing Activities	-92.27	4.6	152.21	59.8	-4.63
Financing Cash Flow	-151.23	-57.68	120.31	22.96	-19.77
Foreign Exchange Rate Adjustments	21.75	-6.88	0.42	0.78	4.3
Miscellaneous Cash Flow Adjustments	-0	-	-	-	-
Net Cash Flow	57.14	49.23	-26.81	-176.72	72.89
Free Cash Flow	218.05	169.04	-125.24	-177.16	98.46
Free Cash Flow Growth	28.99%	-	-	-	-49.09%
Free Cash Flow Margin	8.50%	6.37%	-4.36%	-7.50%	5.25%
Free Cash Flow Per Share	5.71	4.42	-3.27	-4.63	2.57
Cash Income Tax Paid	-	63.01	52.9	20.84	27.71
Levered Free Cash Flow	172.44	120.33	-144.19	-220.8	62.32
Unlevered Free Cash Flow	254.33	133.95	-133.82	-215.54	66.69
Change in Working Capital	151.78	56.71	-257.22	-220.62	-20.45

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.