Randstad 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	Sep '25 Sep 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	60	123	624	929	768	304
Depreciation & Amortization	280	284	276	259	285	354
Other Amortization	32	41	49	50	55	48
Loss (Gain) From Sale of Assets	-	-	-	-	1	-
Asset Writedown & Restructuring Costs	156	156	77	34	23	98
Loss (Gain) From Sale of Investments	5	5	8	-	-33	6
Stock-Based Compensation	42	60	59	49	44	37
Other Operating Activities	154	64	-16	-40	60	300
Change in Other Net Operating Assets	18	-89	112	-213	-290	315
Operating Cash Flow	752	649	1,194	1,073	914	1,462
Operating Cash Flow Growth	-11.74%	-45.65%	11.28%	17.40%	-37.48%	15.21%
Capital Expenditures	-29	-41	-39	-62	-65	-48
Sale of Property, Plant & Equipment	4	4	1	7	4	5
Cash Acquisitions	-282	-381	-54	-170	-126	-13
Divestitures	-26	-32	-	-1	-5	-
Sale (Purchase) of Intangibles	-47	-47	-55	-67	-67	-63
Investment in Securities	-	-	4	5	52	11
Investing Cash Flow	-401	-518	-147	-290	-207	-112
Short-Term Debt Issued	-	-	80	58	-	-
Long-Term Debt Issued	-	2,111	527	766	664	-
Total Debt Issued	2,039	2,111	607	824	664	-
Short-Term Debt Repaid	-	-69	-	-	-125	-332
Long-Term Debt Repaid	-	-1,200	-784	-1,180	-196	-715
Total Debt Repaid	-1,959	-1,269	-784	-1,180	-321	-1,047
Net Debt Issued (Repaid)	80	842	-177	-356	343	-1,047
Repurchase of Common Stock	-2	-183	-294	-81	-54	-11
Preferred Dividends Paid	-	-8	-8	-8	-8	-12
Common Dividends Paid	-	-627	-522	-400	-596	-
Dividends Paid	-	-635	-530	-408	-604	-12
Other Financing Activities	-568	-45	-33	-15	-7	-20
Financing Cash Flow	-490	-21	-1,034	-1,374	-322	-1,090
Foreign Exchange Rate Adjustments	7	-14	-26	6	-	-11
Net Cash Flow	-132	96	-13	-585	385	249
Free Cash Flow	723	608	1,155	1,011	849	1,414
Free Cash Flow Growth	-11.61%	-47.36%	14.24%	19.08%	-39.96%	16.96%
Free Cash Flow Margin	3.10%	2.52%	4.54%	3.67%	3.45%	6.83%
Free Cash Flow Per Share	4.10	3.43	6.43	5.51	4.58	7.68
Cash Interest Paid	59	59	52	20	15	19
Cash Income Tax Paid	140	219	256	261	204	181
Levered Free Cash Flow	396.88	444.13	934.05	673.5	550.63	1,051
Unlevered Free Cash Flow	471.25	497.25	982.18	696	566.88	1,072
Change in Working Capital	18	-89	112	-213	-290	315

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