Carl Zeiss Meditec AG Cash Flow Statement

Financials in millions EUR. Fiscal year is October - September.

Millions EUR. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	142.35	180.15	292.01	295.91	237.52
Depreciation & Amortization	126.38	132.77	74.06	69.77	61.58
Other Adjustments	0.27	-39.77	-8.99	-51.92	0.74
Change in Receivables	-106.48	21.62	-21.18	-74.37	-62.1
Changes in Inventories	26.6	24.38	-152.6	-74.63	0.02
Changes in Accounts Payable	15.27	-63.3	47.1	33.73	52.69
Changes in Accrued Expenses	28.2	-15.73	-6.73	39.27	54.46
Changes in Income Taxes Payable	-25.38	-55.87	13.45	-12.87	3.62
Changes in Other Operating Activities	-17.4	56.91	26.88	-33.3	6.33
Operating Cash Flow	209.86	247.32	250.86	188.2	362.66
Operating Cash Flow Growth	-15.15%	-1.41%	33.30%	-48.11%	103.14%
Capital Expenditures	-39.39	-86.81	-65.65	-42.8	-30.12
Sale of Property, Plant & Equipment	13.69	0.07	1.02	0.48	4.83
Purchases of Intangible Assets	-37.2	-65.39	-48.21	-39.17	-35.98
Purchases of Investments	-12.37	-3.9	-21.59	-5.85	-2.42
Proceeds from Sale of Investments	-	-	2.42	0	-
Payments for Business Acquisitions	-2.47	-1,006	-10.66	-61.29	-11.51
Other Investing Activities	-13.28	750.02	32.36	56.01	-237.65
Investing Cash Flow	-91.03	-412.31	-110.98	-92.89	-75.2
Short-Term Debt Issued	0.07	400.21	-0.01	-0.6	0.42
Short-Term Debt Repaid	-	-	-	-1.46	-
Net Short-Term Debt Issued (Repaid)	0.07	400.21	-0.01	-2.05	0.42
Repurchase of Common Stock	0	-150.08	0	-	-
Net Common Stock Issued (Repurchased)	-	-150.08	-	-	-
Common Dividends Paid	-52.52	-98.2	-98.39	-80.5	-44.72
Other Financing Activities	-56.37	24.32	-36.7	-11.69	-3.94
Financing Cash Flow	-108.83	176.25	-135.09	-94.24	-285.89
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-3.02	-1.58	-1.92	-0.78	-0.34
Net Cash Flow	6.98	9.68	2.87	0.29	1.24
Free Cash Flow	170.46	160.51	185.21	145.4	332.54
Free Cash Flow Growth	6.21%	-13.34%	27.38%	-56.28%	122.88%
FCF Margin	7.65%	7.77%	8.86%	7.64%	20.19%
Free Cash Flow Per Share	1.95	1.81	2.07	1.63	3.72
Levered Free Cash Flow	255.55	571.28	226.89	271.03	385.28
Unlevered Free Cash Flow	278.22	137.79	182.9	270.24	410.31

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.