Birkenstock Holding Cash Flow Statement

Financials in millions EUR. Fiscal year is October - September.

Millions EUR. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	348.33	191.6	75.02	187.11	-41.29
Depreciation & Amortization	113.54	101.29	83.41	81.26	93.47
Other Amortization	-0.5	28.41	6.15	6.1	5.93
Loss (Gain) From Sale of Assets	0.41	0.23	-	0.1	-
Provision & Write-off of Bad Debts	1.72	-0.84	-	0.21	1.23
Other Operating Activities	74.43	196.26	274.6	104.37	-45.91
Change in Accounts Receivable	-58.33	-27.45	-26.66	-5.29	111.26
Change in Inventory	-89.08	-47.96	-95.62	-159.11	179.36
Change in Accounts Payable	-0.58	12.51	10.65	11.2	-54.72
Change in Unearned Revenue	-1.82	1.16	5.09	-0.4	-6.08
Change in Other Net Operating Assets	-3.82	-26.5	26.1	8.58	12.03
Operating Cash Flow	384.3	428.7	358.73	234.14	255.28
Operating Cash Flow Growth	-10.36%	19.50%	53.22%	-8.28%	-
Capital Expenditures	-76.73	-65.43	-102.15	-70.78	-21.49
Sale of Property, Plant & Equipment	0.09	0.02	0.34	1.98	4.74
Cash Acquisitions	-	-	-	-1.04	-
Sale (Purchase) of Intangibles	-8.23	-8.47	-0.77	-1.81	1.86
Other Investing Activities	5.9	15.09	1.85	-	-
Investing Cash Flow	-78.96	-58.8	-100.73	-71.65	-14.9
Long-Term Debt Issued	-	634.52	-	-	-
Long-Term Debt Repaid	-92.86	-1,334	-81.58	-34.92	-
Total Debt Repaid	-92.86	-1,334	-81.58	-34.92	-30.13
Net Debt Issued (Repaid)	-92.86	-699.3	-81.58	-34.92	-30.13
Issuance of Common Stock	-	449.21	-	-	-
Repurchase of Common Stock	-176.38	-	-	-	-
Other Financing Activities	-60.91	-104.96	-117.71	-70.4	-2.07
Financing Cash Flow	-330.15	-355.05	-199.29	-105.32	-32.2
Foreign Exchange Rate Adjustments	-1.96	-3.42	-21.39	14.56	7.73
Net Cash Flow	-26.78	11.44	37.33	71.74	215.92
Free Cash Flow	307.57	363.27	256.58	163.36	233.79
Free Cash Flow Growth	-15.33%	41.58%	57.07%	-30.13%	-
Free Cash Flow Margin	14.66%	20.13%	17.20%	13.14%	21.05%
Free Cash Flow Per Share	1.65	1.94	1.40	0.89	1.28
Cash Interest Paid	60.66	99.5	117.71	70.4	2.07
Cash Income Tax Paid	132.83	14.8	6.7	18.41	61.43
Levered Free Cash Flow	198.69	257.57	159.07	44.75	-
Unlevered Free Cash Flow	246.42	314.78	233.82	94.11	-
Change in Working Capital	-153.63	-88.25	-80.45	-145.02	241.86

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.