KONE 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	980.1	951.3	925.8	774.5	1,014
Depreciation & Amortization	319.9	292.2	269.4	259.3	244
Other Operating Activities	-89.3	-42.3	-83	33.5	37.2
Change in Other Net Operating Assets	105.3	48.1	15.7	-535.8	289.4
Operating Cash Flow	1,316	1,249	1,128	531.5	1,585
Operating Cash Flow Growth	5.34%	10.76%	112.21%	-66.46%	2.23%
Capital Expenditures	-153.9	-168.4	-148.2	-101.2	-96.5
Sale of Property, Plant & Equipment	0.2	0.2	0.9	0.2	10.8
Cash Acquisitions	-130.2	-119.2	-169.2	-31.6	-34.5
Divestitures	-	-	-3	-	14.2
Other Investing Activities	-0.1	-	0.1	-	-
Investing Cash Flow	-284	-287.4	-319.4	-132.6	-106
Long-Term Debt Issued	0.6	189.3	-	-	181.1
Total Debt Issued	0.6	189.3	-	-	181.1
Short-Term Debt Repaid	-150.6	-149.7	-134.2	-121.4	-278.1
Long-Term Debt Repaid	-	-	-31.8	-36.7	-
Total Debt Repaid	-150.6	-149.7	-166	-158.1	-278.1
Net Debt Issued (Repaid)	-150	39.6	-166	-158.1	-97
Repurchase of Common Stock	-	-	-	-50	-45.8
Common Dividends Paid	-931.9	-905.5	-904.9	-1,088	-949.19
Other Financing Activities	-57.6	52.9	209.6	905.4	-152.9
Financing Cash Flow	-1,140	-813	-861.3	-390.5	-1,462
Foreign Exchange Rate Adjustments	-28	2.5	-18.2	-3.3	15.6
Miscellaneous Cash Flow Adjustments	-	-	-	-	0.1
Net Cash Flow	-135.5	151.4	-71	5.1	32.5
Free Cash Flow	1,162	1,081	979.7	430.3	1,488
Free Cash Flow Growth	7.51%	10.33%	127.68%	-71.09%	1.79%
Free Cash Flow Margin	10.33%	9.74%	8.95%	3.94%	14.16%
Free Cash Flow Per Share	2.24	2.09	1.89	0.83	2.87
Cash Interest Paid	35.7	25.2	19.1	15.5	11.6
Cash Income Tax Paid	354.6	329.9	303.7	275.4	328.3
Levered Free Cash Flow	1,005	1,012	882.54	292.43	1,277
Unlevered Free Cash Flow	1,030	1,034	898.35	306.68	1,291
Change in Working Capital	105.3	48.1	15.7	-535.8	289.4

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