PEH Wertpapier AG 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	5.45	4.08	3.53	2.26	6.08
Depreciation & Amortization	1.98	1.85	1.58	1.52	1.41
Other Amortization	-	0.47	0.42	0.31	0.35
Loss (Gain) From Sale of Assets	-0.09	-	-	-	0.03
Loss (Gain) From Sale of Investments	-	-0.61	-0.74	0.85	-0.42
Loss (Gain) on Equity Investments	-	-0.07	-0.2	-	-
Other Operating Activities	4.1	2.29	0.59	6.72	3.39
Change in Accounts Receivable	-20.09	-9.4	-7.73	64.89	-47.01
Change in Accounts Payable	21.49	10.27	6.25	-63.11	46.6
Change in Other Net Operating Assets	-0.98	0.21	0.17	0.11	0.44
Operating Cash Flow	11.85	9.07	3.87	13.55	10.86
Operating Cash Flow Growth	30.65%	134.44%	-71.44%	24.85%	40.86%
Capital Expenditures	-0.37	-0.6	-0.64	-0.34	-0.34
Sale of Property, Plant & Equipment	0.18	0.06	0.01	0.03	0.1
Divestitures	0.68	-	-	-	0.84
Sale (Purchase) of Intangibles	-0	-0.04	-0.28	-0.71	-0.15
Investment in Securities	2.67	-1.35	-1.35	-1.29	1.43
Other Investing Activities	0.47	0.73	0.52	0.04	0.04
Investing Cash Flow	1.49	-1.2	-1.6	-2.26	1.93
Long-Term Debt Repaid	-1.53	-1.55	-1.27	-1.17	-1.1
Net Debt Issued (Repaid)	-1.53	-1.55	-1.27	-1.17	-1.1
Common Dividends Paid	-3.27	-3.1	-2.94	-2.45	-1.63
Other Financing Activities	-2.86	-3.07	-3.79	-2.2	-4.53
Financing Cash Flow	-7.66	-7.73	-8.01	-5.82	-7.27
Miscellaneous Cash Flow Adjustments	-	0	-	-	-0
Net Cash Flow	5.69	0.15	-5.73	5.48	5.52
Free Cash Flow	11.49	8.47	3.23	13.21	10.52
Free Cash Flow Growth	35.64%	162.04%	-75.53%	25.58%	41.10%
Free Cash Flow Margin	5.50%	5.07%	2.38%	10.50%	5.52%
Free Cash Flow Per Share	7.02	5.18	1.98	8.08	6.44
Cash Interest Paid	-	0.13	0.15	0.08	0.06
Cash Income Tax Paid	-	3.58	4.73	-0.31	2.23
Levered Free Cash Flow	12.82	7.64	4.3	9.87	8.44
Unlevered Free Cash Flow	12.9	7.84	4.36	9.96	8.48
Change in Working Capital	0.42	1.08	-1.32	1.89	0.03

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