ETR:NBG6 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	44.39	-78.52	41.73	69.14	63
Depreciation & Amortization	516.6	212.79	212.79	0.21	0.3
Gain (Loss) on Sale of Investments	-64.72	-134.29	-192.32	39.51	-335.65
Change in Insurance Reserves / Liabilities	668.34	1,605	1,370	-1,093	2,082
Change in Other Net Operating Assets	-2.96	-239.61	-504.42	-845.99	-206.05
Other Operating Activities	-1,161	-1,228	-1,045	1,382	-1,490
Operating Cash Flow	0.98	137.55	-116.82	-448.01	114.89
Operating Cash Flow Growth	-99.29%	-	-	-	-
Capital Expenditures	-2.21	-5.27	-5.65	-11.85	-7.35
Sale of Property, Plant & Equipment	0.15	0.38	0.15	0.54	0.13
Purchase / Sale of Intangible Assets	-14.26	-15.69	-22.26	-25.72	-34.81
Cash Acquisitions	-0.36	-	-	-	-
Investment in Securities	93.31	-224.77	73.51	432.29	207.07
Other Investing Activities	-	-	0	-	0.26
Investing Cash Flow	65.24	-245.69	45.96	405.42	164.18
Repurchases of Common Stock	-0.7	-	-	-	-
Common Dividends Paid	-1.61	-40.32	-40.32	-38.02	-38.02
Other Financing Activities	-3.75	98.51	-4.05	-5.44	0.47
Financing Cash Flow	-6.07	58.19	-44.37	-43.46	-37.55
Foreign Exchange Rate Adjustments	-0.05	0.03	-0.02	0.03	0.03
Miscellaneous Cash Flow Adjustments	-0	-	-	-	0
Net Cash Flow	60.1	-49.92	-115.25	-86.02	241.56
Free Cash Flow	-1.23	132.28	-122.47	-459.86	107.54
Free Cash Flow Margin	-0.03%	2.70%	-2.66%	-21.73%	1.98%
Free Cash Flow Per Share	-0.11	11.48	-10.63	-39.92	9.34
Cash Income Tax Paid	67.23	5.98	-7.4	20.5	10.41
Levered Free Cash Flow	973.52	315.23	269.7	-144.5	-42.75
Unlevered Free Cash Flow	973.52	315.23	269.7	-144.5	-38.91
Change in Working Capital	665.38	1,365	865.52	-1,939	1,876