ETR:SRT3 Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	175.7	41.6	232.1	942.3	479
Depreciation & Amortization	420.1	415.9	341.5	287.1	231.2
Other Adjustments	228.5	234.3	113.7	-89.7	274.9
Change in Receivables	45.8	27.3	168.6	-86.6	-99.1
Changes in Inventories	-48.6	258.6	118.1	-261.6	-294.4
Changes in Accounts Payable	15.4	-1.5	-120.2	-57.3	281.6
Operating Cash Flow	837	976.2	853.6	734.2	873.2
Operating Cash Flow Growth	-14.26%	14.36%	16.26%	-15.92%	70.70%
Capital Expenditures	-441.9	-409.9	-559.7	-522.6	-407.2
Purchases of Investments	-11.4	-15.9	-22.7	-	-
Proceeds from Sale of Investments	6.7	0	-	-	-
Payments for Business Acquisitions	-67.1	0	-2,241	-536.1	-141.7
Other Investing Activities	-	-	-	-71.2	-20.5
Investing Cash Flow	-513.7	-425.8	-2,823	-593.8	-427.9
Long-Term Debt Issued	8.7	12.6	6,059	1,648	137
Long-Term Debt Repaid	-348.4	-847.6	-3,565	-1,243	-211.7
Net Long-Term Debt Issued (Repaid)	-339.7	-835	2,494	404.8	-74.7
Issuance of Common Stock	0	198.3	0	-	-
Net Common Stock Issued (Repurchased)	0	198.3	0	-	-
Common Dividends Paid	-50.7	-50.7	-98.2	-85.9	-48.2
Other Financing Activities	-200.8	559.2	-230.1	-109.2	-49.6
Financing Cash Flow	-591.4	-128.3	2,166	209.9	-172.6
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-3.9	12	17.3	8.9	8
Net Cash Flow	-268.1	422.1	196	-185.8	131
Free Cash Flow	395.1	566.3	293.9	211.6	466
Free Cash Flow Growth	-30.23%	92.69%	38.89%	-54.59%	71.78%
FCF Margin	11.17%	16.75%	8.66%	5.07%	13.51%
Free Cash Flow Per Share	5.72	8.21	4.30	3.09	6.81
Levered Free Cash Flow	-239.8	-487.9	2,479	528.5	55.4
Unlevered Free Cash Flow	316.13	551.88	158.9	268.37	388.2

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.