NRJ Group 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	83.8	41.97	45.17	34.68	27.6
Depreciation & Amortization	31.68	31.67	29.97	29.74	31.04
Loss (Gain) From Sale of Assets	0.08	0.01	0.03	-	0.13
Loss (Gain) From Sale of Investments	0	0	0	-0.06	-0.03
Loss (Gain) on Equity Investments	-0.98	-0.72	-1.53	-1.63	-1.99
Stock-Based Compensation	0.31	0.67	0.49	-	0.03
Other Operating Activities	-5.64	-15.21	-11.16	3.05	7.38
Change in Accounts Receivable	23.98	3.34	-	-	-
Change in Accounts Payable	-7.24	-3.68	-	-	-
Change in Other Net Operating Assets	-4.46	-10.43	-1.92	2.35	-6.79
Operating Cash Flow	72.24	67.21	61.06	68.13	57.36
Operating Cash Flow Growth	7.48%	10.09%	-10.38%	18.77%	31.56%
Capital Expenditures	-23.98	-23.16	-25.3	-16.45	-18.25
Sale of Property, Plant & Equipment	-	0.01	0	0.01	0.02
Cash Acquisitions	-	-	-2.94	-	-
Investment in Securities	-0.67	-0.45	0.19	-0.14	0.08
Other Investing Activities	52.14	0	-	-	-
Investing Cash Flow	27.49	-23.6	-28.05	-16.58	-18.15
Long-Term Debt Repaid	-9.87	-9.95	-12.61	-13.58	-13.64
Net Debt Issued (Repaid)	-9.87	-9.95	-12.61	-13.58	-13.64
Issuance of Common Stock	0.37	-	0.37	-	-
Repurchase of Common Stock	-	-0.02	-	-0.01	-0.06
Common Dividends Paid	-22.44	-26.32	-20.12	-16.25	-16.25
Other Financing Activities	10.66	13.01	10.43	0.7	0.01
Financing Cash Flow	-21.28	-23.28	-21.93	-29.14	-29.94
Foreign Exchange Rate Adjustments	0.22	-0.02	-0.05	-0.12	-0
Net Cash Flow	78.68	20.32	11.03	22.29	9.27
Free Cash Flow	48.26	44.06	35.75	51.68	39.11
Free Cash Flow Growth	9.54%	23.22%	-30.81%	32.12%	34.97%
Free Cash Flow Margin	14.25%	12.61%	8.74%	12.98%	10.33%
Free Cash Flow Per Share	0.62	0.57	0.46	0.67	0.51
Cash Interest Paid	1.2	0.83	0.59	0.36	0.36
Cash Income Tax Paid	9.66	16.67	17.21	15.94	6.04
Levered Free Cash Flow	41.58	44.5	32.68	40.2	28.06
Unlevered Free Cash Flow	42.36	45.09	33.12	40.48	28.37
Change in Working Capital	12.27	-10.77	-1.92	2.35	-6.79

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