PWO AG 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	6.6	8	12.54	16.22	15.21	14.74
Depreciation & Amortization	24.79	24.92	23.59	24.18	24.41	24.26
Other Adjustments	19.81	17.91	10.08	8.93	24.88	8.27
Changes in Income Taxes Payable	-6.38	-4.53	-3.26	-7.35	-5.54	-0.89
Changes in Other Operating Activities	8.2	-0.45	39.33	-3.89	-46.74	-25.03
Operating Cash Flow	56.02	48.91	78	37.39	11.57	20.96
Operating Cash Flow Growth	6.20%	-37.30%	108.62%	223.09%	-44.80%	-57.39%
Capital Expenditures	-28.33	-31.13	-35.18	-21.45	-12.61	-9.29
Sale of Property, Plant & Equipment	0.31	0.29	0.28	0.01	0.15	0.14
Purchases of Intangible Assets	-2.8	-3.08	-3.3	-2.71	-1.9	-0.8
Other Investing Activities	-	1.66	1.37	4.95	0	-
Investing Cash Flow	-30.05	-32.25	-36.84	-19.2	-14.35	-9.95
Long-Term Debt Issued	70.89	63.58	38.25	55.13	42.52	36.45
Long-Term Debt Repaid	-71.35	-53.51	-52.65	-67.93	-37.58	-42.39
Net Long-Term Debt Issued (Repaid)	-0.46	10.07	-14.39	-12.79	4.93	-5.94
Common Dividends Paid	-	-5.47	-5.47	-5.16	-4.69	0
Other Financing Activities	-7.62	-7.68	-8.66	-7.59	-3.63	-6.54
Financing Cash Flow	-12.63	-2.17	-27.7	-24.83	-2.73	-12.09
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-0.13	-0.68	0.29	-0.13	-0.19	-0.3
Net Cash Flow	13.34	14.48	13.46	-6.64	-5.52	-1.08
Free Cash Flow	27.69	17.78	42.82	15.94	-1.04	11.67
Free Cash Flow Growth	55.72%	-58.48%	168.55%	-	-	-68.30%
FCF Margin	10.39%	4617.92%	9599.78%	2.87%	-0.20%	2.89%
Free Cash Flow Per Share	8.86	5.69	13.70	5.10	-0.33	3.73
Levered Free Cash Flow	4.42	6.88	22.63	-5.08	-20.33	-2.15
Unlevered Free Cash Flow	9.24	1.36	42.98	14.67	-21.18	9.57