Noratis AG Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	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	-20.73	-28.05	-10.94	8.23	9.47	2.78
Depreciation & Amortization	0.45	0.5	0.52	0.47	0.43	0.4
Other Amortization	0.01	0.01	0.01	0.02	0.03	0.03
Loss (Gain) From Sale of Assets	-	-	-	-	0	-
Asset Writedown & Restructuring Costs	9.5	20.97	6.21	2.46	-3.53	-
Loss (Gain) on Equity Investments	-	-	0.02	-0.02	-0.02	0
Stock-Based Compensation	-	-	-	0.04	0.09	0.12
Other Operating Activities	15.44	11.22	15.94	0.4	6.15	3.38
Change in Accounts Receivable	0.22	-0.19	-2.3	-3.32	-0.53	7.04
Change in Inventory	33.04	30.67	14.38	-28.68	-96.32	-90.38
Change in Other Net Operating Assets	-0.77	-0.45	-0.93	-12.62	14.12	-17.42
Operating Cash Flow	37.16	34.68	22.91	-33.03	-70.1	-94.04
Operating Cash Flow Growth	150.24%	51.37%	-	-	-	-
Capital Expenditures	0	-0	-0.02	-0.18	-0.11	-0.07
Sale of Property, Plant & Equipment	-	-	-	-	-	0
Investment in Securities	-	-	-	-	-	-0.01
Other Investing Activities	3.68	4.04	4.58	0.24	0.01	0.21
Investing Cash Flow	3.68	4.04	4.57	0.05	-0.1	0.12
Long-Term Debt Issued	-	11.7	39.21	91.07	93.63	122.71
Long-Term Debt Repaid	-	-41.49	-57.51	-43.28	-36.36	-18.32
Net Debt Issued (Repaid)	-37.54	-29.79	-18.31	47.79	57.27	104.39
Issuance of Common Stock	10	2.69	10.03	0.08	0.05	21.98
Repurchase of Common Stock	-	-	-0.07	-0.16	-0.09	-0.15
Common Dividends Paid	-	-	-	-2.65	-2.41	-2.88
Other Financing Activities	-14.48	-17.38	-16.86	-9.64	-6.92	-5.36
Financing Cash Flow	-42.02	-44.48	-25.2	35.41	47.9	117.99
Net Cash Flow	-1.18	-5.76	2.27	2.44	-22.31	24.07
Free Cash Flow	37.16	34.68	22.89	-33.21	-70.21	-94.11
Free Cash Flow Growth	150.52%	51.49%	-	-	-	-
Free Cash Flow Margin	54.45%	52.11%	38.04%	-38.80%	-95.40%	-327.92%
Free Cash Flow Per Share	3.55	4.62	4.62	-6.89	-14.57	-23.37
Cash Interest Paid	14.2	17.14	16.59	7.85	5.7	3.63
Cash Income Tax Paid	-	-0.05	-1.39	4.17	3.95	2.16
Levered Free Cash Flow	37.56	43.81	14.3	-44.55	-71.53	-98.99
Unlevered Free Cash Flow	47.13	54.81	25.05	-38.75	-67.49	-96.35
Change in Working Capital	32.49	30.04	11.15	-44.62	-82.72	-100.76

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