Deutsche Beteiligungs AG 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 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022
Net Income	24.7	18.2	47.51	105.78	-97.56
Depreciation & Amortization	40.77	6.24	5.49	2.04	0.4
Loss (Gain) From Sale of Investments	-29.61	-47.68	-57.92	-107.25	101.75
Other Operating Activities	-0.5	-0.57	-0	-	24.95
Change in Income Taxes	-0.89	0.42	2.67	-2.66	-
Change in Other Net Operating Assets	1.22	16.64	16.8	10.92	-
Operating Cash Flow	35	-7.15	13.05	9.35	29.54
Operating Cash Flow Growth	-	-	39.56%	-68.36%	-
Capital Expenditures	-0.74	-0.84	-0.71	-0.75	-
Sale of Property, Plant & Equipment	0.01	-	-	0.03	-
Cash Acquisitions	-0.34	-	-6.04	-	-
Investment in Securities	-47.14	-52.36	-111.8	25.15	-56.81
Other Investing Activities	-	0	14.11	24.24	-0.86
Investing Cash Flow	-48.2	-53.21	-104.45	48.67	-57.68
Short-Term Debt Issued	-	-	210	15	41
Long-Term Debt Issued	95	-	-	-	-
Total Debt Issued	95	160	210	15	41
Short-Term Debt Repaid	-	-	-81.75	-56	-
Long-Term Debt Repaid	-4.41	-	-1.57	-1.07	-1.07
Total Debt Repaid	-4.41	-89.82	-83.32	-57.07	-1.07
Net Debt Issued (Repaid)	90.59	70.18	126.69	-42.07	39.93
Issuance of Common Stock	0.23	0.39	0.39	-	-
Repurchase of Common Stock	-14.41	-16.72	-12.92	-	-
Common Dividends Paid	-22.25	-18.8	-18.8	-15.04	-30.09
Other Financing Activities	0.02	-	-	-0.04	-0.28
Financing Cash Flow	54.18	35.05	95.35	-57.16	9.56
Miscellaneous Cash Flow Adjustments	0	-0	-0	0	-0
Net Cash Flow	40.98	-25.3	3.95	0.86	-18.58
Free Cash Flow	34.26	-7.99	12.33	8.6	29.54
Free Cash Flow Growth	-	-	43.47%	-70.90%	-
Free Cash Flow Margin	43.20%	-9.71%	11.35%	5.53%	-
Free Cash Flow Per Share	1.63	-0.39	0.64	0.46	1.57
Cash Interest Paid	5.42	3.03	2.66	1.65	-
Cash Income Tax Paid	-0.64	-0.7	1.64	2.99	-
Levered Free Cash Flow	163.25	-	-57.87	120.8	-75.46
Unlevered Free Cash Flow	169.7	-	-54.63	122.16	-74.77
Change in Working Capital	-0.36	16.66	17.96	8.78	-

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