ETR:BWB 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	50.74	23.52	2.79	8.69	46.55
Depreciation & Amortization, Total	12.72	12.49	7.36	11.03	9.21
Gain (Loss) On Sale of Investments	-0.62	-	-	-	-
Change in Accounts Receivable	25.29	-118.64	-42.29	11.59	-55.67
Change in Accounts Payable	-1,676	821.57	1,552	496.7	904.26
Change in Other Net Operating Assets	-18.39	-99.93	123.22	-143.36	-29.72
Other Operating Activities	36.37	73.32	1.7	-19.93	21.02
Operating Cash Flow	-1,570	708.21	1,647	366.36	897.08
Capital Expenditures	-14.22	-7.54	-3.84	-3.47	-5.76
Sale (Purchase) of Intangibles	-6.69	-6.8	-10.87	-7.43	-5.57
Investment in Securities	-53.48	127.62	-7.98	-266.85	0.46
Investing Cash Flow	-70.55	113.28	-22.69	-277.75	-10.87
Long-Term Debt Repaid	-	-	-	-	-0.25
Net Debt Issued (Repaid)	-	-	-	-	-0.25
Common Dividends Paid	-6.34	-	-2.63	-8.67	-3.75
Financing Cash Flow	-6.34	-	-2.63	-8.67	-4
Foreign Exchange Rate Adjustments	0.35	0.37	0.47	0.36	0.48
Net Cash Flow	-1,647	821.85	1,622	80.31	882.7
Free Cash Flow	-1,584	700.67	1,643	362.9	891.33
Free Cash Flow Growth	-	-57.35%	352.68%	-59.29%	259.86%
Free Cash Flow Margin	-302.45%	153.36%	499.80%	145.28%	291.81%
Free Cash Flow Per Share	-32.47	14.30	35.32	7.52	19.15
Cash Interest Paid	30.95	62.08	-	-	-
Cash Income Tax Paid	14.53	1.71	3.26	12.15	8.7