Mutares SE & Co. KGaA Cash Flow Statement

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-406.3	397.1	-6.7	449	27.1
Depreciation & Amortization	310.8	245.9	156	111.8	79.6
Other Amortization	30.3	9	4.9	3.6	2.9
Loss (Gain) From Sale of Assets	-75.6	-132.2	-28.6	3.8	-4.5
Asset Writedown & Restructuring Costs	122.7	65.1	23.7	3.8	19
Loss (Gain) From Sale of Investments	91.7	-	-	-	-
Other Operating Activities	-291.6	-663.3	-243	-687.6	-189.6
Change in Accounts Receivable	9.4	90.9	-5	45.4	9.3
Change in Inventory	48.9	71.1	-39.4	-22.4	16.5
Change in Accounts Payable	-65.5	-52.1	128.6	38.4	48
Change in Unearned Revenue	38	-5.2	37.2	17.7	24.5
Change in Other Net Operating Assets	-99.7	-53.8	-48.5	-67	-67.2
Operating Cash Flow	-286.9	-27.5	-20.8	-103.5	-34.4
Capital Expenditures	-130.5	-138.2	-84.4	-47.7	-28.7
Sale of Property, Plant & Equipment	48.4	84.9	48.1	11.7	16.1
Cash Acquisitions	165.1	353.8	110.1	188.8	78.6
Divestitures	50	169.3	26.7	29.5	-9.1
Sale (Purchase) of Intangibles	-27.9	-26	-17.1	-11.7	-5.9
Other Investing Activities	18.5	10.7	0.7	0.9	0.4
Investing Cash Flow	123.6	454.5	84.1	171.5	51.4
Short-Term Debt Issued	-	5.4	21.2	-	5.9
Long-Term Debt Issued	378.8	161.3	117.9	61.7	133
Total Debt Issued	378.8	166.7	139.1	61.7	138.9
Short-Term Debt Repaid	-5.8	-	-	-9.9	-
Long-Term Debt Repaid	-193.8	-220.5	-134.7	-67.2	-56.6
Total Debt Repaid	-199.6	-220.5	-134.7	-77.1	-56.6
Net Debt Issued (Repaid)	179.2	-53.8	4.4	-15.4	82.3
Issuance of Common Stock	1.6	4.9	-	105.6	-
Repurchase of Common Stock	-	-	-	-	-2.5
Common Dividends Paid	-47.4	-36.1	-30.9	-23.1	-15.2
Other Financing Activities	-77.7	-59.6	-29.3	-19.2	-6.8
Financing Cash Flow	55.7	-144.6	-55.8	47.9	57.8
Foreign Exchange Rate Adjustments	-0.1	-0.1	-0.1	0.5	-0.5
Miscellaneous Cash Flow Adjustments	-0.4	-8.5	-16.1	-6.6	-8.7
Net Cash Flow	-108.1	273.8	-8.7	109.8	65.6
Free Cash Flow	-417.4	-165.7	-105.2	-151.2	-63.1
Free Cash Flow Margin	-7.85%	-3.51%	-2.79%	-6.00%	-3.97%
Free Cash Flow Per Share	-19.62	-7.68	-5.10	-9.04	-4.16
Cash Interest Paid	92	58.1	27.8	13.4	6.7
Cash Income Tax Paid	25.5	11.1	6.1	6.9	2.9
Levered Free Cash Flow	-101.18	-37.3	32.96	-337.84	-77.98
Unlevered Free Cash Flow	-24.86	18.58	67.15	-322.59	-64.73
Change in Working Capital	-68.9	50.9	72.9	12.1	31.1

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.