Incap Oyj Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	24.34	25.29	29.19	28.22	38.94	25.97
Other Adjustments	-0.78	-0.64	-3.33	-4.22	-3.5	-0.55
Change in Receivables	-0.32	2.51	-8.9	17.93	-5.42	-7.78
Changes in Inventories	-3.46	0.25	13.2	25.91	-35.59	-34.62
Changes in Accounts Payable	-0.03	-0.39	8.42	-23.18	4.75	26.63
Operating Cash Flow	19.75	27.01	38.64	44.65	-0.81	9.67
Operating Cash Flow Growth	-44.44%	-30.10%	-13.47%	-	-	105.33%
Capital Expenditures	-6.87	-8.75	-5.59	-6.88	-5.47	-4.52
Sale of Property, Plant & Equipment	0.17	0.19	0	0.05	0.05	-
Cash Acquisitions	-46.01	-	-2.89	-12.48	-	-0.65
Other Investing Activities	-	-	1.77	-	-	-
Investing Cash Flow	-52.71	-8.56	-6.71	-19.3	-5.42	-5.17
Long-Term Debt Issued	30.13	0.3	0.17	27.45	16.29	6.89
Long-Term Debt Repaid	-2.33	-2.27	-2.29	-15.85	-9.84	-4.73
Net Long-Term Debt Issued (Repaid)	27.79	-1.96	-2.11	11.59	6.45	2.16
Other Financing Activities	-1.87	-1.8	-1.64	-1.51	-1.39	-1.36
Financing Cash Flow	25.92	-3.76	-3.76	10.09	5.06	0.81
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-1.27	-6.1	1.45	-0.44	-0.52	0.05
Net Cash Flow	-7.04	14.69	28.17	35.44	-1.17	5.3
Free Cash Flow	12.88	18.26	33.05	37.78	-6.27	5.15
Free Cash Flow Growth	-53.61%	-44.75%	-12.52%	-	-	168.74%
FCF Margin	5.83%	8.42%	14.26%	17.01%	-2.37%	3.03%
Free Cash Flow Per Share	0.43	0.62	1.12	1.28	-0.21	0.18
Levered Free Cash Flow	31.49	3.11	36.64	27.26	-2.26	10.72
Unlevered Free Cash Flow	4.88	6.94	38.08	17.02	-6.96	8.77