Matas Cash Flow Statement

Financials in millions DKK. Fiscal year is April - March.

Millions DKK. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	271	282	169	281	276.5	269
Depreciation & Amortization	529	513	415	298	416.2	403.5
Other Amortization	112	112	113	79	2.6	1.7
Loss (Gain) From Sale of Assets	-	-	-	6	5.1	4.1
Loss (Gain) From Sale of Investments	-	-	-	-	1.7	1.7
Loss (Gain) on Equity Investments	-	-1	-1	5	4.6	-0.7
Other Operating Activities	179	214	136	79	-14.6	47.3
Change in Accounts Receivable	-55	-55	-31	-43	-7.7	13.4
Change in Inventory	-405	-405	-334	-19	-23.4	95.8
Change in Accounts Payable	55	55	178	-8	-150.5	116.2
Change in Other Net Operating Assets	48	-	-	-	-	-
Operating Cash Flow	734	715	645	678	510.5	952
Operating Cash Flow Growth	21.32%	10.85%	-4.87%	32.81%	-46.38%	113.07%
Capital Expenditures	-226	-477	-250	-92	-50.5	-50.5
Cash Acquisitions	-	-15	-617	-2	-48.6	-24
Divestitures	-	-	2	-	0.4	-
Sale (Purchase) of Intangibles	-238	-225	-156	-162	-132.9	-97.9
Investment in Securities	-	-	-	-	-	-5.5
Investing Cash Flow	-464	-717	-1,021	-256	-231.6	-177.9
Long-Term Debt Issued	-	564	1,121	-	763.5	-
Long-Term Debt Repaid	-	-397	-478	-298	-876.1	-893.8
Net Debt Issued (Repaid)	-345	167	643	-298	-112.6	-893.8
Repurchase of Common Stock	-109	-27	-21	-	-75.1	-
Common Dividends Paid	-76	-76	-76	-76	-76.6	-
Other Financing Activities	-81	-120	-80	-39	-27.1	53.8
Financing Cash Flow	-611	-56	466	-413	-291.4	-840
Foreign Exchange Rate Adjustments	-	3	4	-	-	-
Net Cash Flow	-341	-55	94	9	-12.5	-65.9
Free Cash Flow	508	238	395	586	460	901.5
Free Cash Flow Growth	243.24%	-39.75%	-32.59%	27.39%	-48.97%	179.10%
Free Cash Flow Margin	5.86%	2.84%	5.90%	13.05%	10.59%	21.65%
Free Cash Flow Per Share	13.35	6.22	10.34	15.39	11.97	23.33
Cash Interest Paid	81	131	84	40	27.1	39.9
Cash Income Tax Paid	105	101	83	64	109.2	84
Levered Free Cash Flow	125.25	-218.25	0.13	359.68	315.84	785.58
Unlevered Free Cash Flow	223	-113	79.63	385.8	335.49	810.94
Change in Working Capital	-357	-405	-187	-70	-181.6	225.4

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