Mainova AG Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	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
Net Income	217.54	303.73	132.48	-185.22	376.77	179.61
Depreciation & Amortization	126.54	124.9	118.81	115.94	109.49	104.94
Other Amortization	0.02	0.02	0.02	-	-	-
Loss (Gain) on Sale of Assets	1.23	1.23	0.03	1.5	0.32	-34.56
Asset Writedown	0.34	0.34	-	-	-	0.2
Change in Inventory	17.09	93.78	-136.94	-223.97	-266.45	0.05
Change in Accounts Payable	69.72	-54.82	156.43	126.98	194.8	-38.62
Change in Other Net Operating Assets	2.46	-15.87	8.78	-18.72	10.9	21.83
Other Operating Activities	131.87	-15.84	-53	322.49	-228.82	-52.4
Operating Cash Flow	566.81	437.46	226.61	138.99	197	181.06
Operating Cash Flow Growth	79.66%	93.05%	63.04%	-29.45%	8.80%	-32.58%
Capital Expenditures	-455.06	-480.48	-447.97	-276.9	-164.02	-113.24
Sale of Property, Plant & Equipment	3.65	4.34	4.78	10.52	4.77	2.35
Cash Acquisitions	-0.04	-13.11	-13.59	-30.82	-	-1.48
Divestitures	35.78	35.78	-	-	-	-
Investment in Securities	3.46	-12.62	-2.27	39.51	81.21	83.47
Other Investing Activities	15.76	14.82	6.08	6.23	3.08	4.62
Investing Cash Flow	-395.85	-450.67	-447.82	-259.88	-68.73	-13.69
Long-Term Debt Issued	-	-	350	250	-	17.49
Long-Term Debt Repaid	-	-253.52	-51.35	-55.67	-31.26	-98.7
Net Debt Issued (Repaid)	-452.85	-253.52	298.65	194.33	-31.26	-81.21
Issuance of Common Stock	399.17	399.17	-	-	-	-
Common Dividends Paid	-89.97	-53.34	-43.35	-60.77	-87.81	-62.8
Other Financing Activities	-28.8	-36.39	-32.88	-15.39	-13.54	-19.18
Financing Cash Flow	-172.46	55.93	222.42	118.17	-132.61	-163.19
Foreign Exchange Rate Adjustments	-	-	-	-	-	-0.28
Net Cash Flow	8.73	42.72	1.2	-2.72	-4.34	3.9
Free Cash Flow	111.76	-43.01	-221.36	-137.91	32.99	67.83
Free Cash Flow Growth	-	-	-	-	-51.37%	-48.79%
Free Cash Flow Margin	2.81%	-1.10%	-4.78%	-1.92%	0.88%	2.98%
Free Cash Flow Per Share	24.80	-9.78	-52.93	-32.98	7.89	16.22
Cash Interest Paid	24.49	33.16	32.13	14.14	13.58	19.06
Cash Income Tax Paid	49.15	28.77	42.57	45.68	15.31	22.7
Levered Free Cash Flow	-222.66	-293.91	-291.24	-392.38	85.12	88.25
Unlevered Free Cash Flow	-207.51	-272.92	-271.56	-383.52	93.91	103.37
Change in Working Capital	89.27	23.09	28.28	-115.71	-60.75	-16.74

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