Villeroy & Boch AG 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	Sep '25 Sep 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	9.4	5.9	60.7	71.2	60.2	22.6
Depreciation & Amortization	67.7	64.7	39	40.5	39.6	40.7
Other Amortization	6.4	6.4	1.5	-	-	-
Loss (Gain) From Sale of Assets	1.7	-1.4	-6.5	-3.1	-	-1.2
Asset Writedown & Restructuring Costs	2.6	2.6	-0.3	0.6	0.7	4.8
Loss (Gain) From Sale of Investments	-	-	4	0.3	-	-
Loss (Gain) on Equity Investments	-2.7	-2.7	-0.3	-	-	-
Other Operating Activities	-57.2	-20.6	-15.7	-8.9	0.4	9
Change in Inventory	42.2	8.5	10.6	-68.8	-35.9	52.6
Change in Other Net Operating Assets	27	-5	-25.4	22.3	8.8	8
Operating Cash Flow	97.1	58.4	67.6	54.1	73.8	136.5
Operating Cash Flow Growth	115.30%	-13.61%	24.95%	-26.69%	-45.93%	204.01%
Capital Expenditures	-54.4	-58.3	-41	-36.7	-25.7	-19.9
Sale of Property, Plant & Equipment	1.5	4.1	0.1	4.3	5	4.6
Cash Acquisitions	-	-414.6	-	-	-	1
Divestitures	2.5	13.1	2.6	1.4	0.5	-
Investment in Securities	5.1	-10.1	43.5	-3.2	-40.7	-3.1
Other Investing Activities	-	-	-	15	-15	-
Investing Cash Flow	-45.3	-465.8	5.2	-19.2	-75.9	-17.4
Long-Term Debt Issued	-	173.7	126.2	-	-	35
Long-Term Debt Repaid	-	-30.4	-19.3	-43.1	-19.3	-51.2
Net Debt Issued (Repaid)	-25.1	143.3	106.9	-43.1	-19.3	-16.2
Issuance of Common Stock	1.4	1.5	0.7	-	-	-
Common Dividends Paid	-23.3	-27.2	-31.1	-25.8	-13.8	-13.8
Other Financing Activities	-	-0.5	-	-0.1	-0.4	-0.1
Financing Cash Flow	-47	117.1	76.5	-69	-33.5	-30.1
Foreign Exchange Rate Adjustments	-0.4	-0.4	-1.5	-3.4	1.9	-1.5
Miscellaneous Cash Flow Adjustments	-1.4	-1.4	-	-	-	-
Net Cash Flow	3	-292.1	147.8	-37.5	-33.7	87.5
Free Cash Flow	42.7	0.1	26.6	17.4	48.1	116.6
Free Cash Flow Growth	-	-99.62%	52.87%	-63.82%	-58.75%	776.69%
Free Cash Flow Margin	2.87%	0.01%	2.95%	1.75%	5.09%	14.56%
Free Cash Flow Per Share	-	0.00	1.00	0.66	1.82	4.42
Cash Interest Paid	22.1	22.1	3.9	3.2	2.5	2.9
Cash Income Tax Paid	17.2	17.2	16.6	18.2	12.8	-0.4
Levered Free Cash Flow	21.61	-9.78	-14.88	42.94	46.83	110.6
Unlevered Free Cash Flow	52.49	11.48	-7.81	46.81	50.76	114.23
Change in Working Capital	69.2	3.5	-14.8	-46.5	-27.1	60.6

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