Safran 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	7,286	-575	3,520	-2,426	68
Depreciation & Amortization	1,818	1,691	1,433	1,615	1,642
Other Adjustments	-4,454	3,610	-1,441	3,627	476
Change in Receivables	-	-	-	-81	-53
Changes in Inventories	-	-	-	-1,545	296
Changes in Other Operating Activities	1,071	7	758	3,084	257
Operating Cash Flow	5,721	4,733	4,270	3,545	2,436
Operating Cash Flow Growth	20.88%	10.84%	20.45%	45.52%	30.55%
Capital Expenditures	-1,238	-1,044	-823	-498	-387
Purchases of Intangible Assets	-562	-500	-502	-381	-369
Payments for Business Acquisitions	-1,553	-344	-328	-490	-33
Other Investing Activities	-31	40	-51	81	51
Investing Cash Flow	-3,384	-1,848	-1,704	-1,288	-738
Short-Term Debt Issued	830	45	-161	-159	-775
Net Short-Term Debt Issued (Repaid)	830	45	-161	-159	-775
Long-Term Debt Issued	-2	35	12	493	2,134
Long-Term Debt Repaid	-211	-863	-311	-654	-1,367
Net Long-Term Debt Issued (Repaid)	-213	-828	-299	-161	767
Issuance of Common Stock	-	-	2	0	1
Repurchase of Common Stock	-1,358	-1,320	-1,535	-270	-73
Net Common Stock Issued (Repurchased)	-1,358	-1,320	-1,533	-270	-72
Common Dividends Paid	-1,216	-911	-564	-213	-183
Other Financing Activities	-48	-59	-19	-12	-5
Financing Cash Flow	-2,005	-3,073	-2,576	-815	-268
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-57	26	-1	-2	70
Net Cash Flow	275	-162	-11	1,440	1,500
Free Cash Flow	4,483	3,689	3,447	3,047	2,049
Free Cash Flow Growth	21.52%	7.02%	13.13%	48.71%	44.60%
FCF Margin	14.37%	13.31%	14.57%	15.61%	13.54%
Free Cash Flow Per Share	10.73	8.77	7.99	6.92	4.66
Levered Free Cash Flow	9,445	-796	4,352	-123	1,843
Unlevered Free Cash Flow	4,708	3,460	3,439	4,245	2,027

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.