Carl Zeiss Meditec AG 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	141.21	178.73	290.4	293.91	236.28
Depreciation & Amortization	75.89	64.03	45.12	40.31	37.31
Other Amortization	50.49	68.74	28.94	29.46	24.27
Loss (Gain) From Sale of Assets	-	-	-	0.26	-1.01
Loss (Gain) on Equity Investments	-0.03	3.02	0.89	-	-
Other Operating Activities	-21.03	-82.3	11.39	-66.23	14.16
Change in Accounts Receivable	-106.48	21.62	-21.18	-74.37	-62.1
Change in Inventory	26.6	24.38	-152.6	-74.63	0.02
Change in Accounts Payable	15.27	-63.3	47.1	33.73	52.69
Change in Other Net Operating Assets	27.95	32.41	0.81	5.76	61.04
Operating Cash Flow	209.86	247.32	250.86	188.2	362.66
Operating Cash Flow Growth	-15.15%	-1.41%	33.30%	-48.11%	103.14%
Capital Expenditures	-39.39	-86.81	-65.65	-42.8	-30.12
Sale of Property, Plant & Equipment	13.69	0.07	0.36	0.22	4.83
Cash Acquisitions	-2.47	-1,006	-10.66	-61.29	-
Sale (Purchase) of Intangibles	-37.2	-65.39	-48.21	-39.17	-35.98
Investment in Securities	-12.37	-3.9	-19.17	-	-13.93
Other Investing Activities	-13.28	750.02	32.36	50.16	-
Investing Cash Flow	-91.03	-412.31	-110.98	-92.89	-75.2
Short-Term Debt Issued	0.07	0.21	-	-	0.42
Long-Term Debt Issued	-	400	-	-	3.98
Total Debt Issued	0.07	400.21	-	-	4.4
Short-Term Debt Repaid	-	-	-0.01	-0.6	-
Long-Term Debt Repaid	-23.37	-23.3	-22.99	-21.36	-17.73
Total Debt Repaid	-23.37	-23.3	-23	-21.96	-17.73
Net Debt Issued (Repaid)	-23.3	376.9	-23	-21.96	-13.33
Repurchase of Common Stock	-	-150.08	-	-	-
Common Dividends Paid	-52.52	-98.2	-98.39	-80.5	-44.72
Other Financing Activities	-33.01	47.63	-13.71	8.21	-227.84
Financing Cash Flow	-108.83	176.25	-135.09	-94.24	-285.89
Foreign Exchange Rate Adjustments	-3.02	-1.58	-1.92	-0.78	-0.34
Net Cash Flow	6.98	9.68	2.87	0.29	1.24
Free Cash Flow	170.46	160.51	185.21	145.4	332.54
Free Cash Flow Growth	6.21%	-13.34%	27.38%	-56.28%	122.88%
Free Cash Flow Margin	7.65%	7.77%	8.87%	7.64%	20.19%
Free Cash Flow Per Share	1.95	1.81	2.07	1.63	3.72
Cash Interest Paid	21.51	12.28	3.95	1.52	1.63
Cash Income Tax Paid	76.93	116.58	107.11	120.44	97.91
Levered Free Cash Flow	87.32	783.8	73.93	132.07	59.29
Unlevered Free Cash Flow	103.94	802.19	83.46	137.75	64.65
Change in Working Capital	-36.67	15.1	-125.88	-109.51	51.65

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.