ETR:INS 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	44.58	31.19	20.11	40.59	83.05
Depreciation & Amortization	3.65	4.99	4.97	4.78	4.62
Loss (Gain) From Sale of Assets	-	-	0	0.07	0.08
Loss (Gain) on Equity Investments	-8.61	-11.18	-8.11	-3.85	-14.63
Other Operating Activities	-21.36	10.98	14.37	31.52	40.64
Change in Other Net Operating Assets	-33.08	66.5	76.34	-2.95	-69.85
Operating Cash Flow	-14.81	102.48	107.68	70.17	43.91
Operating Cash Flow Growth	-	-4.82%	53.45%	59.81%	-63.37%
Capital Expenditures	-0.02	-0.07	-0.06	-0.39	-1.1
Sale of Property, Plant & Equipment	-	-	-	-	0.02
Divestitures	-31.2	-	-	-	-
Sale (Purchase) of Intangibles	-	-0.56	-	-0.01	-0.66
Investment in Securities	13.56	3.58	6.03	9.64	124.98
Other Investing Activities	15.54	11.13	5.58	0.21	0.28
Investing Cash Flow	-2.12	14.09	11.55	9.44	123.52
Long-Term Debt Issued	168.41	162.69	327.25	252.59	77.76
Total Debt Issued	168.41	162.69	327.25	252.59	77.76
Long-Term Debt Repaid	-162.53	-191.51	-262.64	-127	-190.98
Net Debt Issued (Repaid)	5.88	-28.82	64.62	125.59	-113.22
Issuance of Common Stock	-	-	-	0.23	-
Repurchase of Common Stock	-	-	-4.55	-32.33	-
Common Dividends Paid	-21.66	-14.3	-15.16	-28.75	-12.22
Other Financing Activities	-26.05	-30.81	-35.13	-19.74	1.94
Financing Cash Flow	-41.83	-73.93	9.78	45.01	-123.51
Foreign Exchange Rate Adjustments	-	-	-0.99	-	-
Miscellaneous Cash Flow Adjustments	0	-	-	-0	-0
Net Cash Flow	-58.76	42.64	128.01	124.62	43.92
Free Cash Flow	-14.83	102.42	107.61	69.78	42.81
Free Cash Flow Growth	-	-4.83%	54.22%	63.01%	-63.97%
Free Cash Flow Margin	-3.65%	23.57%	20.93%	12.30%	5.78%
Free Cash Flow Per Share	-0.34	2.36	2.48	1.52	0.91
Cash Interest Paid	25	30.89	35.12	19.47	14.78
Cash Income Tax Paid	37.08	19.07	44.34	4.46	8.26
Levered Free Cash Flow	22.01	60.54	101.03	42.12	18.33
Unlevered Free Cash Flow	36.78	81.77	122.63	55.42	28.76
Change in Working Capital	-33.08	66.5	76.34	-2.95	-69.85

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