Rémy Cointreau Cash Flow Statement

Financials in millions EUR. Fiscal year is April - March.

Millions EUR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	92.3	121.2	184.8	293.8	212.5	144.5
Depreciation & Amortization	47.1	46.8	45.1	41	40	34
Stock-Based Compensation	0.8	4.1	6.2	10.1	8.3	2.1
Other Operating Activities	-2.9	30	2.7	-26.1	24.3	9.3
Change in Accounts Receivable	25.4	30.5	4.9	-16.7	-38.5	9.3
Change in Inventory	-130.6	-136.4	-149.1	-202.8	-118	-100.3
Change in Accounts Payable	7.9	-36.8	-8.3	37.3	61.6	79.7
Change in Other Net Operating Assets	14.4	11	8.3	-12.5	-45.4	-1.6
Operating Cash Flow	54.4	70.4	94.6	124.1	144.8	177
Operating Cash Flow Growth	-67.41%	-25.58%	-23.77%	-14.30%	-18.19%	119.88%
Capital Expenditures	-44	-51.2	-80.9	-75.6	-54.5	-54
Sale of Property, Plant & Equipment	0.3	0.2	-	-	-	1.4
Cash Acquisitions	-	-	-	-	-	-6.7
Investment in Securities	-4.7	2.6	0.5	16.3	-11.3	67.8
Other Investing Activities	-0.1	-	-	-	0.1	-0.1
Investing Cash Flow	-48.5	-48.4	-80.4	-59.3	-65.7	8.4
Long-Term Debt Issued	-	114.7	390.2	172.6	114.4	4.6
Long-Term Debt Repaid	-	-105.6	-230.4	-9	-27.1	-250.2
Net Debt Issued (Repaid)	61.3	9.1	159.8	163.6	87.3	-245.6
Issuance of Common Stock	-	-	-	1.8	3.1	1.9
Repurchase of Common Stock	-	-	-	-161.6	-171.8	-
Common Dividends Paid	-41	-41	-152.7	-72.05	-93.7	-9.6
Other Financing Activities	-	-	0.1	-	-	0.1
Financing Cash Flow	20.3	-31.9	7.2	-107.2	-175.1	-253.2
Foreign Exchange Rate Adjustments	-4.3	-	-2.2	-0.2	11.4	-0.6
Miscellaneous Cash Flow Adjustments	0.1	0.1	-	-	-0.1	-
Net Cash Flow	22	-9.8	19.2	-42.6	-84.7	-68.4
Free Cash Flow	10.4	19.2	13.7	48.5	90.3	123
Free Cash Flow Growth	-90.09%	40.15%	-71.75%	-46.29%	-26.58%	683.44%
Free Cash Flow Margin	1.11%	1.95%	1.15%	3.13%	6.88%	12.18%
Free Cash Flow Per Share	0.20	0.37	0.27	0.94	1.75	2.34
Cash Interest Paid	-	-	-	13.3	-	-
Cash Income Tax Paid	46	19.9	88.4	140.4	89.6	72.5
Levered Free Cash Flow	15.29	15.48	-33.89	-4.1	109.88	95.51
Unlevered Free Cash Flow	36.16	36.73	-14.01	3.4	116.5	103.2
Change in Working Capital	-82.9	-131.7	-144.2	-194.7	-140.3	-12.9

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