ETR:KWG 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	6.93	10.57	4.28	0.28	-1.14
Depreciation & Amortization	3.08	2.88	2.79	3.05	2.73
Loss (Gain) From Sale of Assets	0.13	-0.01	0.42	-0.02	-0.01
Asset Writedown & Restructuring Costs	0.19	0.38	0.31	1.62	-
Loss (Gain) From Sale of Investments	0.82	0.16	0.04	0.47	-0.41
Other Operating Activities	-6.88	-2.44	-2.36	-3.56	-4.57
Change in Accounts Receivable	6.79	-3.91	-2.32	3.53	-19.3
Change in Inventory	11.87	-2.01	3.26	19.16	-27.28
Change in Accounts Payable	12.73	1.62	-5.46	-52.62	50.67
Change in Other Net Operating Assets	-18.93	5.98	15.67	6.04	-13.3
Operating Cash Flow	16.73	13.21	16.63	-22.05	-12.6
Operating Cash Flow Growth	26.57%	-20.53%	-	-	-
Capital Expenditures	-4.36	-1.64	-2.46	-3.64	-1.97
Sale of Property, Plant & Equipment	0.05	0.01	0.22	0.01	0.03
Sale (Purchase) of Intangibles	-0.03	-0.5	-0.28	-0.12	-0.26
Investment in Securities	-37.64	-0.48	-8.84	-11.32	-
Other Investing Activities	2.99	3.1	28.64	2.71	11.28
Investing Cash Flow	-38.99	0.5	17.28	-12.37	9.09
Short-Term Debt Issued	-	-	-	-	25
Total Debt Issued	-	-	-	-	25
Short-Term Debt Repaid	-	-	-	-	-25
Long-Term Debt Repaid	-2.15	-1.75	-26.65	-1.65	-1.59
Total Debt Repaid	-2.15	-1.75	-26.65	-1.65	-26.59
Net Debt Issued (Repaid)	-2.15	-1.75	-26.65	-1.65	-1.59
Common Dividends Paid	-0.01	-0.01	-	-	-
Other Financing Activities	-	-	-0.55	-0.56	-0.43
Financing Cash Flow	-2.16	-1.77	-27.2	-2.22	-2.03
Foreign Exchange Rate Adjustments	-4.59	1.88	-1.13	0.02	2.79
Miscellaneous Cash Flow Adjustments	-	-	-0.2	12	-
Net Cash Flow	-29.02	13.83	5.38	-24.61	-2.75
Free Cash Flow	12.36	11.58	14.17	-25.69	-14.57
Free Cash Flow Growth	6.77%	-18.29%	-	-	-
Free Cash Flow Margin	6.95%	5.31%	6.31%	-12.21%	-6.44%
Free Cash Flow Per Share	0.25	0.23	0.28	-0.52	-0.29
Cash Interest Paid	0.27	0.27	0.88	0.86	0.67
Cash Income Tax Paid	5.19	4.73	1.24	1.73	1.87
Levered Free Cash Flow	32.78	59.87	38.19	-106.47	-13.48
Unlevered Free Cash Flow	32.96	60.04	38.74	-105.94	-13.08
Change in Working Capital	12.47	1.67	11.16	-23.9	-9.21

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