Kingspan Group 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	715.7	690.8	653.9	616	570.6
Depreciation & Amortization	314.7	276.5	232.6	197.5	167.9
Stock-Based Compensation	21	19.9	22.7	18.4	17.7
Other Adjustments	86	110.5	124.3	150.8	124
Change in Receivables	-106.5	56	74	25.7	-298.8
Changes in Inventories	-39.8	-67.4	299.2	14.6	-525.7
Changes in Accounts Payable	-4.7	21.4	-75.1	-176.5	395.2
Changes in Income Taxes Payable	-132.8	-184.3	-147.5	-158.4	-126.8
Changes in Other Operating Activities	-33.9	-28.9	-21.9	3.9	5.1
Operating Cash Flow	819.7	894.5	1,162	692	329.2
Operating Cash Flow Growth	-8.36%	-23.03%	67.95%	110.21%	-48.44%
Capital Expenditures	-365.1	-366.3	-234.2	-269.2	-168.8
Sale of Property, Plant & Equipment	22.8	32.9	4.2	18.6	5.2
Purchases of Intangible Assets	-0.1	-0.4	-3.5	-	-
Purchases of Investments	-2.8	-18.5	-22.2	-113.3	-5
Payments for Business Acquisitions	-316.2	-776.4	-226.2	-932.4	-540.2
Proceeds from Business Divestments	-	-	-	-6.4	-
Other Investing Activities	34.2	17.7	23.6	-0.3	0.1
Investing Cash Flow	-627.2	-1,111	-458.3	-1,303	-708.7
Long-Term Debt Issued	130	899.7	319	846	55.1
Long-Term Debt Repaid	-226.6	-246.2	-582	-66	-263.2
Net Long-Term Debt Issued (Repaid)	-96.6	653.5	-263	780	-208.1
Issuance of Common Stock	-	-	-	-	0.1
Repurchase of Common Stock	-148.6	-134.6	-0.7	-1.4	-46.9
Net Common Stock Issued (Repurchased)	-148.6	-134.6	-0.7	-1.4	-46.8
Common Dividends Paid	-99.5	-96.6	-91.2	-93.7	-73.5
Other Financing Activities	-208.3	-167.7	-61.4	-54.1	-23.3
Financing Cash Flow	-553	254.6	-416.3	630.8	-351.7
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-60.2	28.6	1.8	-11.9	42.9
Net Cash Flow	-360.5	38.1	287.6	19.8	-731.2
Free Cash Flow	454.6	528.2	928	422.8	160.4
Free Cash Flow Growth	-13.93%	-43.08%	119.49%	163.59%	-68.34%
FCF Margin	4.94%	6.14%	11.47%	5.07%	2.47%
Free Cash Flow Per Share	2.49	2.88	5.07	2.31	0.88
Levered Free Cash Flow	313	970	430.4	989.9	92.9
Unlevered Free Cash Flow	497.81	366.96	740.76	259.01	347.56

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.