Aeroporto Guglielmo Marconi di Bologna S.p.A. (FRA:169)

FRA:169 Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	25.18	24.44	16.71	31.11	-6.72	-13.59
Depreciation & Amortization	11.6	11.42	10.4	13.92	10.56	10.63
Other Amortization	1.56	1.11	0.69	-	-	-
Loss (Gain) From Sale of Assets	0.29	0.41	0.18	0.34	0.51	-0.17
Asset Writedown & Restructuring Costs	0.44	0.44	0.63	-	-	-
Other Operating Activities	-3.49	7.1	6.19	5.09	-3.24	-11.39
Change in Accounts Receivable	6.41	1.53	-5.77	6.54	-14.34	10.03
Change in Inventory	-0	0.07	0.03	-0.18	-0.06	-0.05
Change in Accounts Payable	6.81	4.82	2.03	6.55	5.42	-4.93
Change in Other Net Operating Assets	2.37	-1.91	3.74	6.55	4.56	-4.5
Operating Cash Flow	51.17	49.41	34.81	69.93	-3.31	-13.97
Operating Cash Flow Growth	30.32%	41.93%	-50.22%	-	-	-
Capital Expenditures	-4.76	-5.39	-2.28	-2.06	-0.43	-1.03
Sale of Property, Plant & Equipment	0.01	0.02	-	-	-	0
Sale (Purchase) of Intangibles	-39.87	-39.71	-26.5	-16.29	-8.47	-27.56
Investment in Securities	-0.9	4.82	40	-45.08	0.27	0.21
Investing Cash Flow	-45.51	-40.27	11.22	-63.43	-8.62	-28.37
Long-Term Debt Issued	-	9.9	15	-	-	63.9
Long-Term Debt Repaid	-	-12.76	-44.56	-6.84	-3.51	-7.16
Net Debt Issued (Repaid)	9.06	-2.86	-29.56	-6.84	-3.51	56.75
Common Dividends Paid	-17.02	-9.54	-	-	-	-
Financing Cash Flow	-7.96	-12.4	-29.56	-6.84	-3.51	56.75
Net Cash Flow	-2.3	-3.26	16.47	-0.35	-15.44	14.41
Free Cash Flow	46.41	44.02	32.53	67.87	-3.74	-14.99
Free Cash Flow Growth	32.03%	35.31%	-52.07%	-	-	-
Free Cash Flow Margin	26.87%	26.69%	22.66%	60.61%	-6.47%	-22.58%
Free Cash Flow Per Share	1.28	1.22	0.90	1.88	-0.10	-0.41
Cash Interest Paid	1.28	1.31	2.06	1.36	1.27	0.83
Cash Income Tax Paid	13.06	4.99	3.41	0.04	-	2.25
Levered Free Cash Flow	5.3	6.51	-4.96	23.88	-8.55	-34.14
Unlevered Free Cash Flow	5.95	7.14	-3.92	24.43	-8.08	-33.77
Change in Working Capital	15.59	4.51	0.03	19.46	-4.42	0.55

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