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	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	649	552	594	780	556	Upgrade
Depreciation & Amortization	21	14	24	45	24	Upgrade
Other Amortization	27	25	28	40	43	Upgrade
Asset Writedown & Restructuring Costs	-	3	71	2	17	Upgrade
Loss (Gain) From Sale of Investments	-6	-2	-1	-17	-4	Upgrade
Loss (Gain) on Equity Investments	-36	-42	-66	-84	-63	Upgrade
Other Operating Activities	-70	-13	58	-108	-72	Upgrade
Change in Other Net Operating Assets	553	331	-327	344	-300	Upgrade
Operating Cash Flow	705	528	522	783	383	Upgrade
Operating Cash Flow Growth	33.52%	1.15%	-33.33%	104.44%	-12.16%	Upgrade
Capital Expenditures	-	-7	-1	-9	-10	Upgrade
Sale of Property, Plant & Equipment	1	-	1	9	3	Upgrade
Sale (Purchase) of Intangibles	-30	-67	-39	-35	-23	Upgrade
Investment in Securities	559	-534	-299	-393	-1,660	Upgrade
Other Investing Activities	-	1	-1	-1	1,769	Upgrade
Investing Cash Flow	530	-609	-340	-430	78	Upgrade
Short-Term Debt Issued	-	-	-	1	-	Upgrade
Long-Term Debt Issued	2	-	-	-	-	Upgrade
Total Debt Issued	2	-	-	1	-	Upgrade
Short-Term Debt Repaid	-	-14	-53	-	-15	Upgrade
Long-Term Debt Repaid	-21	-21	-19	-18	-16	Upgrade
Total Debt Repaid	-21	-35	-72	-18	-31	Upgrade
Net Debt Issued (Repaid)	-19	-35	-72	-17	-31	Upgrade
Common Dividends Paid	-1,220	-410	-400	-362	-334	Upgrade
Other Financing Activities	-7	-2	4	-7	8	Upgrade
Financing Cash Flow	-1,246	-447	-468	-386	-357	Upgrade
Foreign Exchange Rate Adjustments	11	-1	26	28	-31	Upgrade
Miscellaneous Cash Flow Adjustments	-	-	1	-	-1	Upgrade
Net Cash Flow	-	-529	-259	-5	72	Upgrade
Free Cash Flow	705	521	521	774	373	Upgrade
Free Cash Flow Growth	35.32%	-	-32.69%	107.51%	-8.80%	Upgrade
Free Cash Flow Margin	17.03%	13.43%	13.02%	19.44%	11.15%	Upgrade
Free Cash Flow Per Share	3.52	2.60	2.60	3.87	1.86	Upgrade
Cash Interest Paid	15	14	18	21	21	Upgrade
Cash Income Tax Paid	156	253	348	240	324	Upgrade
Levered Free Cash Flow	1,311	711.75	534.88	1,162	2,240	Upgrade
Unlevered Free Cash Flow	1,322	720.5	546.13	1,174	2,253	Upgrade
Change in Working Capital	120	-9	-186	125	-118	Upgrade

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