Kemira Oyj 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	181.2	249.4	199.1	231.7	108.1
Depreciation & Amortization	200.2	186.7	203.6	210.2	200.2
Loss (Gain) From Sale of Assets	-0.1	10.5	98.6	5.5	-
Asset Writedown & Restructuring Costs	11.5	0.7	-	1	2.9
Loss (Gain) on Equity Investments	0.2	-0.3	-0.1	-0.3	0.5
Other Operating Activities	30.5	9.1	29.9	53.9	-11.3
Change in Accounts Receivable	14.9	37.7	19	-95.1	-77.8
Change in Inventory	-11.9	-25.2	97.6	-100.3	-100.5
Change in Accounts Payable	-48.3	16	-101.7	93.7	98.1
Operating Cash Flow	378.2	484.6	546	400.3	220.2
Operating Cash Flow Growth	-21.96%	-11.24%	36.40%	81.79%	-41.23%
Capital Expenditures	-196.7	-167.3	-204.9	-197.9	-168.8
Sale of Property, Plant & Equipment	0.4	0.2	0.2	19.1	3.2
Cash Acquisitions	-144.6	-3.2	-1.9	-	-
Divestitures	-	143.9	9	-	-
Investment in Securities	-3.1	-	0.4	-	2.5
Other Investing Activities	0.1	0.1	0.1	-	-
Investing Cash Flow	-295.8	-72.8	-196.7	-178	-162.9
Short-Term Debt Issued	5	4.5	-	21.4	-
Long-Term Debt Issued	54.3	50	0.2	195.9	200
Total Debt Issued	59.3	54.5	0.2	217.3	200
Short-Term Debt Repaid	-25.9	-0.2	-50.7	-	-53.9
Long-Term Debt Repaid	-162.6	-231.7	-37.3	-237.9	-130.4
Total Debt Repaid	-188.5	-231.9	-88	-237.9	-184.3
Net Debt Issued (Repaid)	-129.2	-177.4	-87.8	-20.6	15.7
Repurchase of Common Stock	-96.3	-	-	-	-
Common Dividends Paid	-113.1	-104.7	-95.2	-88.9	-88.8
Other Financing Activities	-12.9	-14.5	-8.3	-6.9	-6.4
Financing Cash Flow	-351.5	-296.6	-191.3	-116.4	-79.5
Foreign Exchange Rate Adjustments	-7.9	1.4	-6.1	2.3	5.1
Miscellaneous Cash Flow Adjustments	0.1	0.1	-	-	-
Net Cash Flow	-276.9	116.7	151.9	108.2	-17.1
Free Cash Flow	181.5	317.3	341.1	202.4	51.4
Free Cash Flow Growth	-42.80%	-6.98%	68.53%	293.77%	-71.30%
Free Cash Flow Margin	6.59%	10.76%	10.07%	5.67%	1.92%
Free Cash Flow Per Share	1.18	2.04	2.20	1.31	0.33
Cash Interest Paid	32.5	36.8	41.6	35.1	31.9
Cash Income Tax Paid	61.3	89.6	90.8	33.5	44
Levered Free Cash Flow	170.53	373.85	191.63	115.99	0.85
Unlevered Free Cash Flow	191.78	397.85	219.69	139.24	19.1
Change in Working Capital	-45.3	28.5	14.9	-101.7	-80.2

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.