ETR:PAH3 Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,809	2,651	-20,017	5,074	5,492	4,566
Depreciation & Amortization	1	1	1	1	1	1
Other Adjustments	-2,120	-1,966	21,448	-3,497	-4,699	-3,850
Changes in Income Taxes Payable	-	3	0	311	0	-4
Changes in Other Operating Activities	11	11	-1	-17	-1	22
Operating Cash Flow	707	700	1,431	1,873	791	733
Operating Cash Flow Growth	-50.77%	-51.08%	-23.60%	136.79%	7.91%	-5.17%
Purchases of Investments	226	223	-367	-278	-7,449	-26
Proceeds from Sale of Investments	61	1	1	-	2	51
Proceeds from Business Divestments	-	-	-	-	201	-
Other Investing Activities	-234	-459	90	35	-40	-29
Investing Cash Flow	54	-235	-277	-243	-7,287	-4
Long-Term Debt Issued	1,500	1,500	1,591	4,711	7,070	-
Long-Term Debt Repaid	-2,223	-2,029	-771	-5,151	-1	-1
Net Long-Term Debt Issued (Repaid)	-723	-529	820	-440	7,069	-1
Common Dividends Paid	-584	-584	-783	-783	-783	-676
Other Financing Activities	-	-	-	-	-	-15
Financing Cash Flow	-1,307	-1,113	37	-1,222	6,286	-691
Net Cash Flow	-548	-648	1,192	408	-211	37
Free Cash Flow	707	700	1,431	1,873	791	733
Free Cash Flow Growth	1.00%	-51.08%	-23.60%	136.79%	7.91%	-5.17%
Free Cash Flow Per Share	2.31	4.57	9.35	12.23	5.17	4.79
Levered Free Cash Flow	1,771	2,137	-19,197	4,929	12,561	4,584
Unlevered Free Cash Flow	-39.94	-37.1	-30.8	477.31	137.35	-22.97