Sartorius Stedim Biotech 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	263.9	175.1	310.3	876.1	414.4	335.93
Depreciation & Amortization	272.6	259.5	213.2	162.3	126.4	86.69
Other Amortization	42.2	42.2	23.6	19.4	15.2	15
Loss (Gain) From Sale of Assets	-	-	-	-	-	0.13
Loss (Gain) on Equity Investments	8.6	8.6	-	-	-	-
Other Operating Activities	89.6	78.7	8.6	-94.2	291.6	22.73
Change in Accounts Receivable	22	38.3	162.1	-65.8	-87.3	-73.89
Change in Inventory	-5.4	207.6	131.2	-217.9	-275.4	-116.62
Change in Other Net Operating Assets	37.1	5.1	-102.6	-67.6	217	146.91
Operating Cash Flow	730.6	815.1	746.4	612.3	701.9	416.88
Operating Cash Flow Growth	-15.66%	9.20%	21.90%	-12.77%	68.37%	34.42%
Capital Expenditures	-356.1	-339.8	-473.6	-430.6	-324	-159.19
Cash Acquisitions	-	-	-2,241	-515.6	-141.7	-470.62
Investment in Securities	-2.9	-0.1	-8.1	-	-	-
Other Investing Activities	-0.1	-0.1	-0.1	-11.3	0.5	8.69
Investing Cash Flow	-359.1	-340	-2,723	-957.5	-465.2	-621.12
Long-Term Debt Issued	-	17.3	2,649	566.8	74.2	334.79
Long-Term Debt Repaid	-	-879.2	-326.4	-174.4	-79.7	-35.32
Net Debt Issued (Repaid)	-327.3	-861.9	2,323	392.4	-5.5	299.47
Issuance of Common Stock	2.2	1,194	1.3	-	-	-
Repurchase of Common Stock	-3.4	-1.9	-	-3.2	-	-
Common Dividends Paid	-67.1	-67.1	-132.7	-116.1	-62.7	-31.34
Other Financing Activities	-159.5	-177.8	-205.3	-52.4	-9.5	-34.06
Financing Cash Flow	-555.1	84.9	1,986	220.7	-77.7	234.07
Foreign Exchange Rate Adjustments	-0.2	2.3	-0.3	8	4.8	1.77
Miscellaneous Cash Flow Adjustments	-0.1	-	-	-	-	0
Net Cash Flow	-183.9	562.3	9.5	-116.5	163.8	31.6
Free Cash Flow	374.5	475.3	272.8	181.7	377.9	257.69
Free Cash Flow Growth	-25.65%	74.23%	50.14%	-51.92%	46.65%	47.96%
Free Cash Flow Margin	12.71%	17.10%	9.83%	5.20%	13.09%	13.49%
Free Cash Flow Per Share	3.85	4.91	2.96	1.97	4.10	2.79
Cash Interest Paid	158.6	176.9	116.7	10.3	8.3	8.06
Cash Income Tax Paid	150.2	133.5	135.8	221.2	166.6	113.98
Levered Free Cash Flow	274.06	369.8	81.05	93.93	425.14	219.13
Unlevered Free Cash Flow	371.13	462.3	153.18	105.3	431.51	223.2
Change in Working Capital	53.7	251	190.7	-351.3	-145.7	-43.6

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