Lassila & Tikanoja 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	25.7	31.5	32.4	35.5
Depreciation & Amortization	45.5	43.4	42.4	39.4
Loss (Gain) From Sale of Assets	-0.2	-0.7	-0.2	-4.1
Asset Writedown & Restructuring Costs	-	-	1.9	-0.2
Loss (Gain) on Equity Investments	-1.9	-3.2	-3.6	-0.7
Other Operating Activities	4.6	1.4	6.9	1.5
Change in Accounts Receivable	-8.8	7	1.4	1.5
Change in Inventory	-0.2	-1.5	-	-0.9
Change in Accounts Payable	8.7	-3.9	0.8	-0.2
Operating Cash Flow	73.4	74	82	71.8
Operating Cash Flow Growth	-0.81%	-9.76%	14.21%	-
Capital Expenditures	-22.8	-41.2	-42.9	-29.7
Sale of Property, Plant & Equipment	0.3	1.1	0.3	0.2
Cash Acquisitions	-11.1	-1.5	-	-13.2
Divestitures	-	-	-	-2
Other Investing Activities	1.6	1.8	-	16.5
Investing Cash Flow	-32	-39.8	-42.6	-28.2
Long-Term Debt Repaid	-14.6	-14.5	-15.2	-15
Net Debt Issued (Repaid)	-14.6	-14.5	-15.2	-15
Issuance of Common Stock	20.5	-	-	-
Repurchase of Common Stock	-	-30.7	-39.1	-33.2
Other Financing Activities	-11.6	10.4	14.8	5.8
Financing Cash Flow	-5.7	-34.8	-39.5	-42.4
Foreign Exchange Rate Adjustments	-0.2	-	-	-0.1
Miscellaneous Cash Flow Adjustments	-	0.1	-	-
Net Cash Flow	35.5	-0.5	-0.1	1.1
Free Cash Flow	50.6	32.8	39.1	42.1
Free Cash Flow Growth	54.27%	-16.11%	-7.13%	-
Free Cash Flow Margin	11.86%	7.74%	9.26%	9.34%
Free Cash Flow Per Share	1.32	0.86	-	-
Cash Interest Paid	4.7	4.7	3.1	1.7
Cash Income Tax Paid	0.1	6.9	-0.1	6.7
Levered Free Cash Flow	42.8	33.34	50.51	-
Unlevered Free Cash Flow	45.86	35.9	52.14	-
Change in Working Capital	-0.3	1.6	2.2	0.4

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