FRA:169 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	24.67	24.44	16.71	31.11	-6.72	-13.59
Depreciation & Amortization	12.8	11.42	10.4	13.92	10.56	10.63
Other Amortization	1.11	1.11	0.69	-	-	-
Loss (Gain) From Sale of Assets	0.36	0.41	0.18	0.34	0.51	-0.17
Asset Writedown & Restructuring Costs	0.44	0.44	0.63	-	-	-
Other Operating Activities	-6.77	7.1	6.19	5.09	-3.24	-11.39
Change in Accounts Receivable	-2.54	1.53	-5.77	6.54	-14.34	10.03
Change in Inventory	-0.04	0.07	0.03	-0.18	-0.06	-0.05
Change in Accounts Payable	10.53	4.82	2.03	6.55	5.42	-4.93
Change in Other Net Operating Assets	0.84	-1.91	3.74	6.55	4.56	-4.5
Operating Cash Flow	41.39	49.41	34.81	69.93	-3.31	-13.97
Operating Cash Flow Growth	-12.13%	41.93%	-50.22%	-	-	-
Capital Expenditures	-5.28	-5.39	-2.28	-2.06	-0.43	-1.03
Sale of Property, Plant & Equipment	0.02	0.02	-	-	-	0
Sale (Purchase) of Intangibles	-43.46	-39.71	-26.5	-16.29	-8.47	-27.56
Investment in Securities	-0.2	4.82	40	-45.08	0.27	0.21
Investing Cash Flow	-48.91	-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)	77.15	-2.86	-29.56	-6.84	-3.51	56.75
Common Dividends Paid	-17.02	-9.54	-	-	-	-
Financing Cash Flow	60.14	-12.4	-29.56	-6.84	-3.51	56.75
Net Cash Flow	52.61	-3.26	16.47	-0.35	-15.44	14.41
Free Cash Flow	36.11	44.02	32.53	67.87	-3.74	-14.99
Free Cash Flow Growth	-16.72%	35.31%	-52.07%	-	-	-
Free Cash Flow Margin	20.47%	26.69%	22.66%	60.61%	-6.47%	-22.58%
Free Cash Flow Per Share	1.00	1.22	0.90	1.88	-0.10	-0.41
Cash Interest Paid	1.35	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	-9.36	6.51	-4.96	23.88	-8.55	-34.14
Unlevered Free Cash Flow	-8.62	7.14	-3.92	24.43	-8.08	-33.77
Change in Working Capital	8.8	4.51	0.03	19.46	-4.42	0.55

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