Musti Group Oyj 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 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	-1.2	0.86	3.63	26.45	22.33	20.87
Depreciation & Amortization	46.9	41.54	39.61	36.74	34.55	28.55
Other Amortization	0.05	0.05	-	0.02	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-0.01	0.01
Other Operating Activities	5.64	-1.59	1.9	1.65	4.65	9.68
Change in Accounts Receivable	0.59	2.47	2.11	-0.52	-0.76	-2.78
Change in Inventory	-4.76	-6.76	-4.83	2.13	-16.3	-6.65
Change in Accounts Payable	3.48	-5.32	-3.02	13.1	1.68	5.27
Operating Cash Flow	50.7	31.26	39.39	79.55	46.14	54.95
Operating Cash Flow Growth	28.71%	-20.65%	-50.49%	72.43%	-16.04%	31.26%
Capital Expenditures	-20.92	-15.18	-14.42	-11.86	-14.22	-12.88
Cash Acquisitions	-21.3	-16.69	-5.25	-6.72	-18.74	-10.33
Divestitures	-	0.05	0.05	-	-	-
Investment in Securities	-1.99	-1.99	-	-	-	-
Other Investing Activities	-0	-0	-	-	-	0.24
Investing Cash Flow	-44.21	-33.81	-19.62	-18.58	-32.95	-22.97
Short-Term Debt Issued	-	-	10.47	-	14.95	-
Long-Term Debt Issued	-	-	4.72	10.04	60	-
Total Debt Issued	90.42	95	15.2	10.04	74.95	-
Short-Term Debt Repaid	-	-	-	-6.14	-	-
Long-Term Debt Repaid	-	-	-26.56	-32.85	-72.11	-17.3
Total Debt Repaid	-102.61	-94.91	-26.56	-38.99	-72.11	-17.3
Net Debt Issued (Repaid)	-12.2	0.09	-11.36	-28.95	2.83	-17.3
Repurchase of Common Stock	-	-	-	-	-	-6.91
Common Dividends Paid	-0.01	-	-0.03	-	-	-
Other Financing Activities	-8.36	-5.55	-4.97	-2.94	-4.35	-3.65
Financing Cash Flow	-20.57	-5.47	-16.36	-48.66	-16.14	-40.57
Foreign Exchange Rate Adjustments	0.65	0.91	0.2	-0.42	-	-
Miscellaneous Cash Flow Adjustments	0	0	-	-	-	-
Net Cash Flow	-13.43	-7.11	3.61	11.9	-2.96	-8.59
Free Cash Flow	29.78	16.08	24.97	67.69	31.92	42.07
Free Cash Flow Growth	19.26%	-35.61%	-63.11%	112.06%	-24.13%	27.68%
Free Cash Flow Margin	6.07%	3.61%	5.70%	15.90%	8.16%	12.34%
Free Cash Flow Per Share	0.89	0.48	0.74	2.02	0.95	1.25
Cash Interest Paid	9.81	7.72	7.34	4.15	7.09	5.19
Cash Income Tax Paid	3.43	4.52	3.18	7.53	5.2	-0.71
Levered Free Cash Flow	-	-	23.61	55.64	22.09	33.65
Unlevered Free Cash Flow	-	-	25.4	58.99	23.98	35.57
Change in Working Capital	-0.69	-9.61	-5.75	14.7	-15.39	-4.17

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