FRA:ULI Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	108.84	74.55	45.43	37.05
Depreciation & Amortization	24.17	23.83	22.2	20.9
Other Amortization	0.03	0.02	0	0.01
Loss (Gain) From Sale of Assets	0.05	0.36	-0.31	0.01
Stock-Based Compensation	4.89	3.18	2.64	2.24
Other Operating Activities	-1	-0.92	2.53	1.52
Change in Accounts Receivable	-5.93	-4.46	-6.44	-3.74
Change in Inventory	-3.37	-4.73	-4.29	0.09
Change in Accounts Payable	-1.01	1.67	2.7	-1.1
Change in Other Net Operating Assets	-0.64	-1.23	-0.09	-1.29
Operating Cash Flow	126.02	92.26	64.36	55.69
Operating Cash Flow Growth	36.59%	43.34%	15.58%	-4.93%
Capital Expenditures	-27.41	-34.25	-26.82	-29.91
Sale of Property, Plant & Equipment	0.56	2.29	1.29	0.29
Cash Acquisitions	-	-	-5.63	-
Investing Cash Flow	-26.86	-31.96	-31.15	-29.63
Issuance of Common Stock	0.13	0.11	0.12	0.08
Repurchase of Common Stock	-3.51	-1.27	-0.77	-0.73
Common Dividends Paid	-5.72	-4.55	-4.54	-3.62
Financing Cash Flow	-9.1	-5.72	-5.18	-4.27
Net Cash Flow	90.07	54.58	28.03	21.79
Free Cash Flow	98.61	58.01	37.55	25.78
Free Cash Flow Growth	69.98%	54.49%	45.68%	-37.80%
Free Cash Flow Margin	31.04%	20.62%	15.90%	13.62%
Free Cash Flow Per Share	3.44	2.03	1.32	0.91
Cash Interest Paid	0.17	0.2	0.11	0.15
Cash Income Tax Paid	30.41	17.99	7.83	9.48
Levered Free Cash Flow	69.46	37.55	24.57	17.48
Unlevered Free Cash Flow	69.43	37.53	24.57	17.48
Change in Working Capital	-10.96	-8.76	-8.12	-6.03

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