Brenntag SE 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	264.6	536.2	714.9	886.8	448.3
Depreciation & Amortization	399.9	399.4	367.3	351.1	299.3
Other Amortization	22.8	19.5	15.8	16.5	18
Asset Writedown & Restructuring Costs	166.6	25.2	4.9	38.8	56.2
Other Operating Activities	87.1	21	43.9	11.5	-22.1
Change in Accounts Receivable	110.4	76.9	436	-306.8	-501.2
Change in Inventory	76.2	-78.4	404.1	-94.1	-486.3
Change in Accounts Payable	-65	-44.3	-231.4	15.2	412.2
Change in Other Net Operating Assets	-82.6	-62.9	-65.2	30.1	135.9
Operating Cash Flow	966.7	906.6	1,664	956.7	388.6
Operating Cash Flow Growth	6.63%	-45.51%	73.92%	146.19%	-68.12%
Capital Expenditures	-293	-342.2	-321.1	-267.2	-199.3
Sale of Property, Plant & Equipment	17.6	29.2	31.6	21.7	8.8
Cash Acquisitions	-155.2	-436.1	-277.3	-156.7	-420.5
Divestitures	19.5	-	8.1	-	-
Investment in Securities	0.9	0.1	0.4	0.8	2.5
Investing Cash Flow	-410.2	-749	-558.3	-401.4	-608.5
Long-Term Debt Issued	1,175	1,263	348.1	808	933.5
Long-Term Debt Repaid	-1,358	-606	-1,086	-708.2	-532.2
Net Debt Issued (Repaid)	-182.3	656.5	-738.1	99.8	401.3
Repurchase of Common Stock	-	-250.1	-496.2	-	-
Common Dividends Paid	-303.2	-303.2	-304.7	-224	-208.6
Other Financing Activities	-3.6	-80.2	-14.8	-101.6	-18.6
Financing Cash Flow	-489.1	23	-1,554	-225.8	174.1
Foreign Exchange Rate Adjustments	-32.8	11.5	-22.4	13	24.5
Miscellaneous Cash Flow Adjustments	-	-5.7	1.4	-1.4	-
Net Cash Flow	34.6	186.4	-469.2	341.1	-21.3
Free Cash Flow	673.7	564.4	1,343	689.5	189.3
Free Cash Flow Growth	19.37%	-57.97%	94.75%	264.24%	-81.44%
Free Cash Flow Margin	4.44%	3.48%	7.99%	3.55%	1.32%
Free Cash Flow Per Share	4.67	3.90	8.89	4.46	1.22
Cash Interest Paid	143.4	118	117	126.5	-
Cash Income Tax Paid	174.7	229.6	249.1	344.9	222.5
Levered Free Cash Flow	708.53	63.79	1,421	355.48	49.39
Unlevered Free Cash Flow	801.15	156.66	1,495	422.29	88.58
Change in Working Capital	39	-108.7	543.5	-355.6	-439.4

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