Nexans 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	352	279	221	245	164
Depreciation & Amortization	246	176	156	180	161
Other Amortization	8	-	-	-	-
Loss (Gain) From Sale of Assets	-2	6	-4	-52	-10
Asset Writedown & Restructuring Costs	-7	-	-	-	15
Loss (Gain) From Sale of Investments	-5	-2	13	-2	-5
Stock-Based Compensation	39	-	13	16	-
Other Operating Activities	19	65	122	119	11
Change in Accounts Receivable	4	-212	42	-129	-64
Change in Inventory	-285	93	70	-99	-265
Change in Accounts Payable	541	295	151	331	446
Change in Income Taxes	-95	-119	-107	-114	-47
Change in Other Net Operating Assets	-7	1	23	49	-5
Operating Cash Flow	847	776	700	544	401
Operating Cash Flow Growth	9.15%	10.86%	28.68%	35.66%	-12.06%
Capital Expenditures	-383	-319	-377	-298	-206
Sale of Property, Plant & Equipment	2	1	6	62	14
Cash Acquisitions	-372	-523	-60	-211	-5
Divestitures	22	-1	13	7	8
Other Investing Activities	648	-61	1	-	1
Investing Cash Flow	-84	-903	-440	-429	-183
Long-Term Debt Issued	-	496	-	198	-
Long-Term Debt Repaid	-99	-	-58	-	-305
Net Debt Issued (Repaid)	-99	496	-58	198	-305
Repurchase of Common Stock	-31	-33	-6	-32	-10
Common Dividends Paid	-116	-101	-92	-53	-30
Other Financing Activities	-86	-85	-59	-43	-72
Financing Cash Flow	-332	277	-215	70	-417
Foreign Exchange Rate Adjustments	-48	-13	-62	-28	33
Miscellaneous Cash Flow Adjustments	-4	-	2	4	1
Net Cash Flow	379	137	-15	161	-165
Free Cash Flow	464	457	323	246	195
Free Cash Flow Growth	1.53%	41.49%	31.30%	26.15%	-15.58%
Free Cash Flow Margin	5.94%	6.61%	4.15%	2.94%	2.64%
Free Cash Flow Per Share	10.33	10.15	7.18	5.48	4.35
Cash Interest Paid	79	62	59	43	41
Cash Income Tax Paid	95	119	107	114	47
Levered Free Cash Flow	418	76	274.88	178.25	257.63
Unlevered Free Cash Flow	451.13	110.38	311.75	200.13	271.38
Change in Working Capital	158	58	179	38	65

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