Per Aarsleff Holding A/S (FRA:PE9)

Per Aarsleff Holding Cash Flow Statement

Financials in millions DKK. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Net Income	876	806	786	447	472
Depreciation & Amortization	913	803	769	680	583
Loss (Gain) From Sale of Assets	-31	-36	-43	-21	-23
Asset Writedown & Restructuring Costs	-	-	14	-	-
Loss (Gain) on Equity Investments	-	-	-	-5	-13
Other Operating Activities	-6	349	184	122	51
Change in Accounts Receivable	644	-166	-871	-1,422	-510
Change in Inventory	22	4	-32	-54	-86
Change in Accounts Payable	370	221	301	835	-5
Change in Other Net Operating Assets	-	-	-	-	-1
Operating Cash Flow	2,788	1,981	1,102	516	471
Operating Cash Flow Growth	40.74%	79.76%	113.57%	9.55%	-70.45%
Capital Expenditures	-849	-817	-892	-870	-738
Sale of Property, Plant & Equipment	77	110	100	56	100
Cash Acquisitions	-211	-73	-17	-378	-31
Sale (Purchase) of Intangibles	-49	-29	-30	-26	-5
Investment in Securities	18	15	15	60	-2
Investing Cash Flow	-1,014	-794	-824	-1,158	-676
Long-Term Debt Issued	-	-	538	1,101	-
Long-Term Debt Repaid	-520	-1,107	-270	-261	-257
Net Debt Issued (Repaid)	-520	-1,107	268	840	-257
Repurchase of Common Stock	-169	-78	-123	-157	-45
Common Dividends Paid	-208	-191	-152	-158	-130
Other Financing Activities	-34	-	-	-	-
Financing Cash Flow	-931	-1,376	-7	525	-432
Miscellaneous Cash Flow Adjustments	8	-3	-11	-9	4
Net Cash Flow	851	-192	260	-126	-633
Free Cash Flow	1,939	1,164	210	-354	-267
Free Cash Flow Growth	66.58%	454.29%	-	-	-
Free Cash Flow Margin	8.57%	5.36%	1.04%	-1.95%	-1.82%
Free Cash Flow Per Share	100.39	60.27	10.74	-17.94	-13.21
Cash Interest Paid	52	87	63	68	27
Cash Income Tax Paid	242	122	154	101	191
Levered Free Cash Flow	1,537	797.88	-197.25	-727.63	71.55
Unlevered Free Cash Flow	1,581	861.63	-159.13	-710.13	82.8
Change in Working Capital	1,036	59	-602	-641	-602

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