Mondi 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	165	218	-153	1,452	756
Depreciation & Amortization	503	443	408	394	375
Loss (Gain) From Sale of Assets	-2	-12	-13	-244	-
Asset Writedown & Restructuring Costs	44	-7	-125	-158	6
Loss (Gain) From Sale of Investments	-	-	5	-	-
Loss (Gain) on Equity Investments	1	3	5	-1	-6
Stock-Based Compensation	10	9	9	11	9
Other Operating Activities	182	305	771	63	-81
Change in Accounts Receivable	-55	-140	56	-472	-310
Change in Inventory	51	-70	389	-254	-232
Change in Accounts Payable	87	102	-216	307	347
Operating Cash Flow	986	851	1,359	1,448	1,150
Operating Cash Flow Growth	15.86%	-37.38%	-6.15%	25.91%	-12.75%
Capital Expenditures	-723	-981	-878	-557	-526
Sale of Property, Plant & Equipment	18	17	25	7	21
Cash Acquisitions	-496	-6	-37	-	-63
Divestitures	-	-	-	642	-
Sale (Purchase) of Intangibles	-17	-13	-16	-12	-16
Investment in Securities	-	-	2	5	-1
Other Investing Activities	17	47	422	-53	-85
Investing Cash Flow	-1,201	-936	-482	32	-670
Short-Term Debt Issued	11	9	16	44	-
Long-Term Debt Issued	1,446	711	-	-	59
Total Debt Issued	1,457	720	16	44	59
Short-Term Debt Repaid	-77	-18	-33	-53	-4
Long-Term Debt Repaid	-653	-741	-22	-74	-21
Total Debt Repaid	-730	-759	-55	-127	-25
Net Debt Issued (Repaid)	727	-39	-39	-83	34
Repurchase of Common Stock	-8	-12	-8	-7	-7
Common Dividends Paid	-305	-312	-345	-321	-298
Other Financing Activities	-169	-94	-149	-161	-101
Financing Cash Flow	245	-1,226	-541	-572	-372
Foreign Exchange Rate Adjustments	-8	-12	-125	18	-1
Net Cash Flow	22	-1,323	211	926	107
Free Cash Flow	263	-130	481	891	624
Free Cash Flow Growth	-	-	-46.02%	42.79%	-3.26%
Free Cash Flow Margin	3.43%	-1.75%	6.56%	10.01%	8.95%
Free Cash Flow Per Share	0.60	-0.29	1.09	2.02	1.41
Cash Interest Paid	56	44	50	60	67
Cash Income Tax Paid	87	120	178	196	138
Levered Free Cash Flow	55.5	-329.25	963.88	-807.13	60.63
Unlevered Free Cash Flow	134.25	-274.25	1,033	-720.88	111.25
Change in Working Capital	83	-108	229	-419	-195

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