Thermador Groupe 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	44.06	44.74	58.3	58.9	52.9
Depreciation & Amortization	12.13	11.56	10.54	8.16	7.1
Loss (Gain) From Sale of Assets	-0.05	-0.43	0.08	-0.1	0.01
Stock-Based Compensation	-	-	0.04	0.14	0.06
Other Operating Activities	-0.82	-0.4	0.54	0.26	0.02
Change in Accounts Receivable	-1.22	20.43	3.8	-18.31	-8.36
Change in Inventory	14.95	4.9	-1.33	-18.36	-51.68
Change in Accounts Payable	-4.05	3.18	-14.76	-9.88	22.02
Change in Other Net Operating Assets	4.31	-9.71	-0.68	4.37	6.43
Operating Cash Flow	69.31	74.27	56.52	25.17	28.5
Operating Cash Flow Growth	-6.68%	31.40%	124.53%	-11.69%	-27.36%
Capital Expenditures	-5.7	-4.06	-7.66	-11.04	-12.22
Sale of Property, Plant & Equipment	-	-	0.04	0.21	0.09
Cash Acquisitions	-17.31	-4.85	-	-27.88	-
Investment in Securities	0.57	0.32	0.02	0.07	0.01
Other Investing Activities	0.03	-5.4	-0.78	3.95	0.03
Investing Cash Flow	-22.4	-14	-8.37	-34.69	-12.1
Long-Term Debt Issued	20	-	-	31	-
Long-Term Debt Repaid	-7.78	-7.62	-8.71	-13.18	-13.16
Net Debt Issued (Repaid)	12.22	-7.62	-8.71	17.82	-13.16
Repurchase of Common Stock	-	-2.33	-	-	-0.16
Common Dividends Paid	-19.08	-19.14	-19.13	-18.4	-16.74
Other Financing Activities	-3.37	-2.54	-2.01	-1.59	-1.29
Financing Cash Flow	-10.23	-31.63	-29.85	-2.16	-31.35
Foreign Exchange Rate Adjustments	0.01	-0.01	0.01	-	-
Net Cash Flow	36.68	28.63	18.31	-11.68	-14.94
Free Cash Flow	63.61	70.2	48.86	14.14	16.28
Free Cash Flow Growth	-9.39%	43.67%	245.69%	-13.19%	-43.13%
Free Cash Flow Margin	12.68%	13.93%	8.41%	2.55%	3.35%
Free Cash Flow Per Share	6.58	7.26	5.04	1.46	1.68
Cash Income Tax Paid	15.93	16.38	21.41	20.63	20.26
Levered Free Cash Flow	53.49	57.6	38	14.75	8.64
Unlevered Free Cash Flow	54.42	58.28	38.83	15.12	8.78
Change in Working Capital	13.99	18.79	-12.97	-42.18	-31.59

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.