Delivery Hero 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	-782.9	-882.4	-2,298	-3,008	-1,124
Depreciation & Amortization	360.9	380.7	398.3	420.2	314.6
Other Amortization	395.1	320.2	363.4	238.1	129.5
Loss (Gain) From Sale of Assets	-2.9	18.8	15.9	16.2	-671.3
Asset Writedown & Restructuring Costs	248.3	133.2	1,005	748.4	85.9
Loss (Gain) From Sale of Investments	-19.1	84.2	126	178.1	-337.1
Stock-Based Compensation	224.1	171.1	247.4	325.9	303.1
Provision & Write-off of Bad Debts	39.5	74	65.9	-	-
Other Operating Activities	76.4	-292.4	38.3	209.6	281.2
Change in Accounts Receivable	6.2	58.4	-109.4	-	-
Change in Inventory	-547.7	-193	-165	-171	-359.1
Change in Accounts Payable	255.5	276.4	105.5	250.5	395.1
Change in Other Net Operating Assets	-173.9	489.1	187	103.6	81
Operating Cash Flow	79.5	638.3	-19.5	-688.8	-901.4
Operating Cash Flow Growth	-87.55%	-	-	-	-
Capital Expenditures	-171	-139.1	-147.7	-180.1	-267.1
Sale of Property, Plant & Equipment	6.2	8.3	-	12	-
Cash Acquisitions	-28.1	-44.9	-96.7	-30.5	-1,360
Divestitures	-0.3	-0.3	-0.3	-0.2	660.1
Sale (Purchase) of Intangibles	-154.8	-140.4	-112.3	-71.4	-53.8
Investment in Securities	37.2	202.7	58.4	189.3	-901.6
Other Investing Activities	77.7	58.7	50.1	25.8	6.4
Investing Cash Flow	-242.8	-59.5	-257.8	-67.9	-1,946
Long-Term Debt Issued	-	-	1,001	1,067	1,245
Long-Term Debt Repaid	-1,056	-1,024	-913.6	-260.1	-152.3
Net Debt Issued (Repaid)	-1,056	-1,024	87.2	806.7	1,093
Issuance of Common Stock	-	2,139	-	3.6	1,253
Other Financing Activities	-320.6	464.7	-464.5	-92.7	-46.7
Financing Cash Flow	-1,377	1,580	-377.3	717.6	2,299
Foreign Exchange Rate Adjustments	-156.1	-9.1	-103.8	8.6	19.1
Miscellaneous Cash Flow Adjustments	-0.1	-	-	-	-
Net Cash Flow	-1,696	2,149	-758.4	-30.5	-529
Free Cash Flow	-91.5	499.2	-167.2	-868.9	-1,169
Free Cash Flow Margin	-0.65%	4.06%	-1.68%	-10.13%	-19.96%
Free Cash Flow Per Share	-0.31	1.76	-0.62	-3.26	-4.75
Cash Interest Paid	246.5	254.9	173.4	92.6	46.7
Cash Income Tax Paid	272.6	292.9	198.1	68.1	66.1
Levered Free Cash Flow	355.65	944.99	282.7	346.43	-705.19
Unlevered Free Cash Flow	295.66	907.55	220.38	304.58	-718.96
Change in Working Capital	-459.9	630.9	18.1	183.1	117

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