ETR:SPG 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	164.5	68.3	15.5	201.4	-9.9	26.7
Depreciation & Amortization	282.9	280.1	276.9	198.8	200.9	208.4
Other Amortization	-	-	-	91.1	88.2	94.9
Asset Writedown & Restructuring Costs	3.9	3.9	8.2	2.7	45.5	24.3
Loss (Gain) From Sale of Investments	-	-	-	0.7	1.2	3
Other Operating Activities	101.8	197.4	250.9	6	218.6	171.9
Change in Other Net Operating Assets	26.9	-18.5	-59.6	4.1	66.3	41
Operating Cash Flow	580	531.2	491.9	504.8	610.8	570.2
Operating Cash Flow Growth	14.90%	7.99%	-2.56%	-17.35%	7.12%	28.19%
Capital Expenditures	-9.5	-11	-12.6	-13.3	-8.5	-8.9
Sale of Property, Plant & Equipment	-4.7	-	-	-	-	-
Cash Acquisitions	-1.9	-1.4	-11.3	-27.4	-29.3	-3.9
Divestitures	10.6	10.6	84.5	54.6	5.7	2.3
Sale (Purchase) of Intangibles	-153.1	-149.8	-153.8	-139.9	-151.4	-154.2
Investment in Securities	-	-	-	-0.9	-	-
Other Investing Activities	11.3	14	14.1	-	-	-
Investing Cash Flow	-147.3	-137.6	-79.1	-126.9	-183.5	-164.7
Long-Term Debt Issued	-	-	2,185	-	80	-
Long-Term Debt Repaid	-	-424.8	-2,510	-319.7	-361.8	-105.1
Net Debt Issued (Repaid)	-475.5	-424.8	-324.8	-319.7	-281.8	-105.1
Issuance of Common Stock	196.7	196.7	-	-	-	-
Other Financing Activities	-118.6	-141	-142.8	-131.5	-139.1	-142.4
Financing Cash Flow	-423.3	-369.1	-467.6	-451.2	-420.9	-247.5
Foreign Exchange Rate Adjustments	-23.9	1.7	-13.7	11.5	14.3	-20.2
Miscellaneous Cash Flow Adjustments	-0.1	-	-3.2	-3	-2.2	-
Net Cash Flow	-14.6	26.2	-71.7	-64.8	18.5	137.8
Free Cash Flow	570.5	520.2	479.3	491.5	602.3	561.3
Free Cash Flow Growth	16.07%	8.53%	-2.48%	-18.40%	7.30%	32.13%
Free Cash Flow Margin	30.40%	28.16%	25.87%	26.98%	35.41%	34.51%
Free Cash Flow Per Share	2.81	2.62	2.52	2.59	3.17	2.95
Cash Interest Paid	115.7	141	142.6	110.8	139.1	141.7
Cash Income Tax Paid	152.1	146.1	105.3	116.1	89.2	65.4
Levered Free Cash Flow	-	284	188.71	187.14	199.34	-
Unlevered Free Cash Flow	-	381.75	384.9	266.83	341.09	-
Change in Working Capital	26.9	-18.5	-59.6	4.1	66.3	41

Source: S&P Global Market Intelligence. Standard template. Financial Sources.