FRA:BLH Cash Flow Statement

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

Millions EUR. 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	2.9	3.6	1.96	0.97	1.15
Depreciation & Amortization	79.72	78.21	78.17	79.16	80.61
Loss (Gain) From Sale of Assets	-4.13	1.47	-0.02	-1.08	-7.71
Asset Writedown & Restructuring Costs	3.68	4.45	6.39	7.84	0.22
Loss (Gain) From Sale of Investments	-	-	-	2.11	-
Loss (Gain) on Equity Investments	-61.88	-64.98	-21.58	-77.71	-62.38
Other Operating Activities	72.86	81.63	31.95	56.28	15.96
Change in Accounts Receivable	-18.02	9.09	9.64	-7.89	34.5
Change in Inventory	1.88	-0.84	2.67	-0.47	-1.66
Change in Accounts Payable	9.2	6.52	-24.22	14.34	2.56
Change in Unearned Revenue	-0.29	0.23	-0.99	0.12	0.08
Change in Other Net Operating Assets	6.15	49.62	3.93	7.43	4.24
Operating Cash Flow	92.07	169	87.88	78.43	67.57
Operating Cash Flow Growth	-45.52%	92.30%	12.05%	16.09%	147.82%
Capital Expenditures	-37.61	-38.92	-41.33	-42.37	-68.13
Sale of Property, Plant & Equipment	5.88	2.24	0.44	1.65	82.26
Investment in Securities	-0.08	-7.98	0.86	-0.03	-0.01
Other Investing Activities	77.61	66.69	53.12	0.72	0.6
Investing Cash Flow	45.79	22.02	13.09	-20.1	34.52
Long-Term Debt Issued	15	25.63	43.12	33.83	47.24
Total Debt Issued	15	25.63	43.12	33.83	47.24
Long-Term Debt Repaid	-113.26	-95.67	-94.46	-93.41	-115.88
Total Debt Repaid	-113.26	-95.67	-94.46	-93.41	-115.88
Net Debt Issued (Repaid)	-98.26	-70.04	-51.34	-59.58	-68.64
Issuance of Common Stock	-	-	-	-	53
Common Dividends Paid	-	-	-	-9.92	-11.74
Other Financing Activities	-29.36	-20.43	-12.54	-1.36	1.23
Financing Cash Flow	-127.62	-90.47	-63.88	-70.86	-26.15
Foreign Exchange Rate Adjustments	0.06	0.85	-1.52	-0.26	-0.55
Miscellaneous Cash Flow Adjustments	-	0.06	-	-1.29	-
Net Cash Flow	10.31	101.48	35.58	-14.08	75.38
Free Cash Flow	54.46	130.08	46.55	36.07	-0.57
Free Cash Flow Growth	-58.13%	179.42%	29.07%	-	-
Free Cash Flow Margin	4.67%	10.66%	3.85%	3.22%	-0.05%
Free Cash Flow Per Share	14.18	33.88	12.12	9.39	-0.15
Cash Interest Paid	21.92	26.15	22.86	17.66	16.01
Cash Income Tax Paid	8.63	2.37	2.24	4.25	7.65
Levered Free Cash Flow	130.3	5.66	3.76	-14.05	15.08
Unlevered Free Cash Flow	147.32	23.71	19.71	-2.7	25.53
Change in Working Capital	-1.08	64.63	-8.98	13.53	39.72

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