ETR:EBK 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	-206.8	1,244	1,538	1,738	363.2
Depreciation & Amortization	1,733	1,705	1,668	1,598	1,540
Other Amortization	38.2	20.4	19.7	38.2	37.6
Loss (Gain) on Sale of Assets	-16	13.9	0.3	-3.4	5.8
Asset Writedown	651	526.7	865.5	-664.6	1,054
Change in Accounts Receivable	247.8	-854.7	-3,152	2,592	1,247
Change in Inventory	328.3	396	-398.9	-2,625	867.6
Change in Other Net Operating Assets	-104.6	-407.3	-1,212	-1,192	3,381
Other Operating Activities	1,857	71.2	1,572	323.8	-897.8
Operating Cash Flow	4,528	2,715	899.7	1,805	7,598
Operating Cash Flow Growth	66.75%	201.78%	-50.15%	-76.25%	556.06%
Capital Expenditures	-6,827	-5,484	-4,404	-2,771	-2,362
Sale of Property, Plant & Equipment	105.8	47.1	50.7	57.9	73.1
Cash Acquisitions	-497.3	-260.8	-215.7	-110.4	-287
Divestitures	2.3	-2.7	-	24.7	0.9
Investment in Securities	-2,204	-1,246	-1,863	-469.8	-751.6
Other Investing Activities	491.7	644.2	634.3	533.4	452.8
Investing Cash Flow	-8,928	-6,302	-5,797	-2,735	-2,874
Long-Term Debt Issued	2,375	4,576	4,964	17,900	3,524
Long-Term Debt Repaid	-2,285	-1,725	-1,548	-16,405	-2,211
Net Debt Issued (Repaid)	90.6	2,851	3,416	1,495	1,312
Issuance of Common Stock	3,104	-	-	-	-
Common Dividends Paid	-564.6	-637.2	-417.1	-399.4	-356.4
Other Financing Activities	416.8	166.4	1,420	-361	-341.3
Financing Cash Flow	3,047	2,380	4,419	734.6	614.7
Foreign Exchange Rate Adjustments	-4.8	23	-8.9	17.7	32.4
Miscellaneous Cash Flow Adjustments	6.5	20.2	6.4	0.3	29.2
Net Cash Flow	-1,352	-1,163	-480.5	-177.5	5,400
Free Cash Flow	-2,299	-2,768	-3,504	-965.9	5,236
Free Cash Flow Margin	-6.60%	-7.92%	-7.82%	-1.71%	16.18%
Free Cash Flow Per Share	-7.78	-10.22	-12.94	-3.57	19.33
Cash Interest Paid	459.5	448.5	421.2	318.8	314.5
Cash Income Tax Paid	347.6	937.2	906.7	227.9	200.6
Levered Free Cash Flow	-2,601	-3,335	-3,189	-1,236	4,213
Unlevered Free Cash Flow	-2,221	-2,884	-2,854	-1,093	4,354
Change in Working Capital	471.5	-866	-4,763	-1,225	5,495

Source: S&P Global Market Intelligence. Utility template. Financial Sources.