Ferroglobe Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-170.7	23.54	82.66	440.31	-110.62
Depreciation & Amortization	84.95	75.46	73.53	81.56	97.33
Loss (Gain) From Sale of Assets	-1.11	-0.56	0.03	0.02	-2.21
Asset Writedown & Restructuring Costs	17.49	43.05	25.29	57	-0.51
Loss (Gain) From Sale of Investments	-	-	-	-	0.37
Stock-Based Compensation	1.81	4.92	7.4	5.84	3.63
Other Operating Activities	26.91	6.09	6.39	141.98	162.54
Change in Accounts Receivable	13.41	22.77	80.77	-72.56	-161.43
Change in Inventory	43.76	0.05	102.18	-220.82	-60.3
Change in Accounts Payable	-28.68	-17.26	-70.57	30.64	64.38
Change in Other Net Operating Assets	63.61	85.19	-129.31	-58.95	5.48
Operating Cash Flow	51.46	243.26	178.37	405.02	-1.34
Operating Cash Flow Growth	-78.84%	36.38%	-55.96%	-	-
Capital Expenditures	-61.7	-76.17	-83.68	-52.15	-27.6
Sale (Purchase) of Intangibles	-1.56	-3.02	-2.79	-1.15	-
Investment in Securities	-15.12	-3	-	-	-
Other Investing Activities	5.25	15.25	4.66	1.52	3.75
Investing Cash Flow	-73.13	-66.94	-81.81	-51.77	-23.85
Long-Term Debt Issued	572.51	525.5	432.27	936.88	719.08
Long-Term Debt Repaid	-542.73	-659.55	-650.55	-1,016	-682.7
Net Debt Issued (Repaid)	29.78	-134.06	-218.27	-79.46	36.38
Issuance of Common Stock	-	-	-	-	40
Repurchase of Common Stock	-4.69	-2.43	-	-	-
Common Dividends Paid	-10.45	-9.76	-	-	-
Other Financing Activities	-11.17	-29.27	-63.87	-61	-65.93
Financing Cash Flow	3.46	-175.51	-282.15	-140.46	10.45
Foreign Exchange Rate Adjustments	7.92	-5.19	0.29	-6.51	-0.16
Net Cash Flow	-10.28	-4.38	-185.29	206.28	-14.89
Free Cash Flow	-10.24	167.09	94.69	352.87	-28.94
Free Cash Flow Growth	-	76.46%	-73.17%	-	-
Free Cash Flow Margin	-0.77%	10.16%	5.74%	13.58%	-1.63%
Free Cash Flow Per Share	-0.05	0.89	0.50	1.86	-0.16
Cash Interest Paid	12.55	26.19	42.21	60.82	22.18
Cash Income Tax Paid	10.33	15.8	113.31	80.52	3.79
Levered Free Cash Flow	-6.07	167.74	77.54	253.22	97.3
Unlevered Free Cash Flow	6.91	177.41	98.5	285.79	132.52
Change in Working Capital	92.1	90.74	-16.94	-321.69	-151.87

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