PUMA SE 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	281.6	304.9	353.5	309.6	78.9
Depreciation & Amortization	370.2	351.8	332.7	287.3	273.5
Other Amortization	-	-	-	-	2.3
Loss (Gain) From Sale of Assets	0.2	-3.9	1	-	-
Asset Writedown & Restructuring Costs	-12.7	-6.2	26	18.5	18
Other Operating Activities	124.9	136.2	48.4	59	60.8
Change in Accounts Receivable	-231.5	-153.4	-209.4	-283.2	-50
Change in Inventory	-218.2	352.1	-747	-304.3	-109.7
Change in Accounts Payable	380.3	-327.9	613.1	373.2	147.7
Operating Cash Flow	694.8	653.6	418.3	460.1	421.5
Operating Cash Flow Growth	6.30%	56.25%	-9.09%	9.16%	-23.20%
Capital Expenditures	-263	-300.4	-263.6	-202.4	-151
Sale of Property, Plant & Equipment	8.7	14.3	1.3	18.3	1.6
Other Investing Activities	23.8	1.5	21.5	0.3	3.9
Investing Cash Flow	-230.5	-284.6	-240.8	-183.8	-145.5
Short-Term Debt Issued	39	-	17.9	-	112.5
Long-Term Debt Issued	-	299.6	-	235	-
Total Debt Issued	39	299.6	17.9	235	112.5
Short-Term Debt Repaid	-125	-59.1	-9.5	-53.4	-
Long-Term Debt Repaid	-222.5	-208	-250	-229.4	-153.3
Total Debt Repaid	-347.5	-267.1	-259.5	-282.8	-153.3
Net Debt Issued (Repaid)	-308.5	32.5	-241.6	-47.8	-40.8
Repurchase of Common Stock	-50	-	-	-	-
Common Dividends Paid	-122.8	-122.8	-107.7	-23.9	-
Other Financing Activities	-216.5	-186.8	-127.1	-92.3	-88.4
Financing Cash Flow	-697.8	-277.1	-476.4	-164	-129.2
Foreign Exchange Rate Adjustments	48.8	-2.1	4.4	-10.5	-8.9
Miscellaneous Cash Flow Adjustments	-	-	0.1	-0.2	-0.1
Net Cash Flow	-184.7	89.8	-294.4	101.6	137.8
Free Cash Flow	431.8	353.2	154.7	257.7	270.5
Free Cash Flow Growth	22.25%	128.31%	-39.97%	-4.73%	-18.13%
Free Cash Flow Margin	4.90%	4.11%	1.83%	3.79%	5.17%
Free Cash Flow Per Share	2.89	2.36	1.03	1.72	1.81
Cash Interest Paid	127.2	94.3	53.8	44.4	43
Cash Income Tax Paid	114.4	181.3	157.4	146.9	89.3
Levered Free Cash Flow	199.73	347.89	35.09	-45.21	417.4
Unlevered Free Cash Flow	279.35	410.33	112.4	-0.15	466.09
Change in Working Capital	-69.4	-129.2	-343.3	-214.3	-12

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