DWS Group GmbH & Co. KGaA Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	649	552	594	780
Depreciation & Amortization	21	14	24	45
Other Amortization	27	25	28	40
Asset Writedown & Restructuring Costs	-	3	71	2
Loss (Gain) From Sale of Investments	-6	-2	-1	-17
Loss (Gain) on Equity Investments	-36	-42	-66	-84
Other Operating Activities	-70	-13	58	-108
Change in Other Net Operating Assets	553	331	-327	344
Operating Cash Flow	705	528	522	783
Operating Cash Flow Growth	33.52%	1.15%	-33.33%	104.44%
Capital Expenditures	-	-7	-1	-9
Sale of Property, Plant & Equipment	1	-	1	9
Sale (Purchase) of Intangibles	-30	-67	-39	-35
Investment in Securities	559	-534	-299	-393
Other Investing Activities	-	1	-1	-1
Investing Cash Flow	530	-609	-340	-430
Short-Term Debt Issued	-	-	-	1
Long-Term Debt Issued	2	-	-	-
Total Debt Issued	2	-	-	1
Short-Term Debt Repaid	-	-14	-53	-
Long-Term Debt Repaid	-21	-21	-19	-18
Total Debt Repaid	-21	-35	-72	-18
Net Debt Issued (Repaid)	-19	-35	-72	-17
Common Dividends Paid	-1,220	-410	-400	-362
Other Financing Activities	-7	-2	4	-7
Financing Cash Flow	-1,246	-447	-468	-386
Foreign Exchange Rate Adjustments	11	-1	26	28
Miscellaneous Cash Flow Adjustments	-	-	1	-
Net Cash Flow	-	-529	-259	-5
Free Cash Flow	705	521	521	774
Free Cash Flow Growth	35.32%	-	-32.69%	107.51%
Free Cash Flow Margin	17.03%	13.43%	13.02%	19.44%
Free Cash Flow Per Share	3.52	2.60	2.60	3.87
Cash Interest Paid	15	14	18	21
Cash Income Tax Paid	156	253	348	240
Levered Free Cash Flow	1,311	711.75	534.88	1,162
Unlevered Free Cash Flow	1,322	720.5	546.13	1,174
Change in Working Capital	120	-9	-186	125

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