Bertelsmann SE & Co. KGaA 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	698	784	923	671	1,800
Depreciation & Amortization	1,253	781	938	803	674
Other Amortization	-	341	291	265	196
Loss (Gain) From Sale of Assets	-18	-15	-34	-24	-4
Asset Writedown & Restructuring Costs	-	29	50	28	39
Loss (Gain) From Sale of Investments	-491	25	-498	130	-1,270
Other Operating Activities	905	729	799	734	731
Change in Other Net Operating Assets	-288	-502	-554	-1,225	-346
Operating Cash Flow	2,059	2,172	1,915	1,382	1,820
Operating Cash Flow Growth	-5.20%	13.42%	38.57%	-24.07%	-39.21%
Capital Expenditures	-490	-396	-441	-450	-327
Sale of Property, Plant & Equipment	154	315	410	357	836
Cash Acquisitions	-484	-488	-362	-264	-255
Divestitures	1,177	13	488	197	851
Sale (Purchase) of Intangibles	-685	-586	-456	-586	-482
Investment in Securities	-257	-146	-179	-372	-890
Other Investing Activities	-1	1	1	-	-
Investing Cash Flow	-586	-1,287	-539	-1,118	-267
Long-Term Debt Issued	1,077	463	90	1,028	183
Long-Term Debt Repaid	-2,068	-896	-587	-1,717	-1,476
Net Debt Issued (Repaid)	-991	-433	-497	-689	-1,293
Issuance of Common Stock	-	-	-	-	304
Repurchase of Common Stock	-165	-401	-139	-187	-
Common Dividends Paid	-220	-220	-220	-220	-180
Other Financing Activities	-500	-575	-766	-638	-526
Financing Cash Flow	-1,876	-1,629	-1,622	-1,734	-1,695
Foreign Exchange Rate Adjustments	-34	16	-9	29	168
Miscellaneous Cash Flow Adjustments	-	-	1	-	-
Net Cash Flow	-437	-728	-254	-1,441	26
Free Cash Flow	1,569	1,776	1,474	932	1,493
Free Cash Flow Growth	-11.65%	20.49%	58.16%	-37.57%	-43.53%
Free Cash Flow Margin	8.13%	9.33%	7.29%	4.59%	7.97%
Free Cash Flow Per Share	-	21203.44	17597.90	11127.03	17824.74
Cash Interest Paid	-	300	318	279	249
Cash Income Tax Paid	-	316	314	339	807
Levered Free Cash Flow	666.13	487.18	519.13	-82.2	1,470
Unlevered Free Cash Flow	924.88	665.93	700.38	61.55	1,607
Change in Working Capital	-288	-502	-554	-1,225	-346

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