Patrimoine et Commerce 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	40.94	40.77	28.18	46.11	31.16
Depreciation & Amortization	0.29	0.2	0.07	0.72	0.13
Stock-Based Compensation	0.4	-	-	-	-
Other Adjustments	5.43	2.7	12.79	-8.53	5.15
Changes in Income Taxes Payable	-0.16	-0.1	-0.09	-0	-0.11
Changes in Other Operating Activities	-2.19	0.44	0.12	3.26	-0.25
Operating Cash Flow	44.72	44	41.08	41.57	36.08
Operating Cash Flow Growth	1.63%	7.12%	-1.19%	15.21%	8.52%
Capital Expenditures	-16.88	-14.91	-19.21	-61.45	-16.02
Sale of Property, Plant & Equipment	11.72	2.55	3.31	41.41	15.96
Cash Acquisitions	-1.41	-13.83	0.01	-	-0.18
Other Investing Activities	-3.28	-2.42	-1.77	-2.19	3.41
Investing Cash Flow	-9.86	-28.6	-17.66	-22.23	3.17
Long-Term Debt Issued	39.05	26.89	16.06	48.72	14.27
Long-Term Debt Repaid	-37.24	-38.38	-34.31	-41.79	-43.83
Net Long-Term Debt Issued (Repaid)	1.81	-11.49	-18.26	6.93	-29.57
Issuance of Common Stock	-	20	-	-	-
Repurchase of Common Stock	-0.95	-1.03	-1.03	-0.92	-1.16
Net Common Stock Issued (Repurchased)	-0.95	18.97	-1.03	-0.92	-1.16
Common Dividends Paid	-21.83	-20.69	-19.99	-15.82	-12.28
Other Financing Activities	-13.2	-11.32	-11.41	-5.06	-11.62
Financing Cash Flow	-34.18	-24.53	-50.68	-14.87	-54.62
Net Cash Flow	0.68	-9.13	-27.26	4.47	-15.37
Free Cash Flow	27.83	29.09	21.87	-19.88	20.07
Free Cash Flow Growth	-4.32%	33.03%	-	-	-23.28%
FCF Margin	38.72%	42.06%	210.09%	-34.49%	37.21%
Free Cash Flow Per Share	1.75	1.89	1.44	-1.32	1.36
Levered Free Cash Flow	24.8	15.11	-29.75	-2.73	-14.29
Unlevered Free Cash Flow	35.67	39.86	-16.64	-3.96	23.18