Metso 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	429	423	329	543	301	342
Depreciation & Amortization	182	178	162	157	154	163
Other Amortization	8	8	3	1	2	4
Other Operating Activities	128	159	134	42	65	-18
Change in Accounts Receivable	-140	-140	-59	-219	-53	1
Change in Inventory	-88	-88	41	-192	-600	-212
Change in Accounts Payable	101	101	-111	-72	85	142
Change in Other Net Operating Assets	80	197	10	34	191	38
Operating Cash Flow	641	779	332	302	127	508
Operating Cash Flow Growth	65.63%	134.64%	9.93%	137.79%	-75.00%	3.46%
Capital Expenditures	-158	-152	-188	-170	-93	-76
Sale of Property, Plant & Equipment	7	8	28	16	10	22
Cash Acquisitions	-160	-136	-60	-28	-21	-
Divestitures	1	-	-4	-	-9	74
Sale (Purchase) of Intangibles	-	-	-	-	-21	-15
Investment in Securities	-	-	-	4	2	1
Other Investing Activities	3	2	-1	-	-1	-
Investing Cash Flow	-291	-277	-224	-178	-132	6
Short-Term Debt Issued	-	-	-	-	140	-
Long-Term Debt Issued	-	373	379	347	499	-
Total Debt Issued	391	373	379	347	639	-
Short-Term Debt Repaid	-	-36	-16	-139	-	-37
Long-Term Debt Repaid	-	-424	-380	-37	-288	-388
Total Debt Repaid	-533	-460	-396	-176	-288	-425
Net Debt Issued (Repaid)	-142	-87	-17	171	351	-425
Repurchase of Common Stock	-	-	-	-	-25	-
Common Dividends Paid	-315	-315	-298	-248	-198	-166
Other Financing Activities	-2	-1	-	1	-1	-
Financing Cash Flow	-459	-403	-315	-76	127	-591
Foreign Exchange Rate Adjustments	-9	-19	-	-10	5	14
Miscellaneous Cash Flow Adjustments	1	-	-	-	-	-1
Net Cash Flow	-117	80	-207	38	127	-64
Free Cash Flow	483	627	144	132	34	432
Free Cash Flow Growth	140.30%	335.42%	9.09%	288.24%	-92.13%	2.61%
Free Cash Flow Margin	9.15%	11.97%	2.86%	2.45%	0.68%	10.20%
Free Cash Flow Per Share	0.58	0.76	0.17	0.16	0.04	0.52
Cash Interest Paid	80	80	82	53	27	22
Cash Income Tax Paid	166	152	183	231	121	64
Levered Free Cash Flow	554.13	645	329.5	13.19	68.89	464.68
Unlevered Free Cash Flow	607.88	698.75	382.63	61.31	96.39	479.06
Change in Working Capital	-47	70	-119	-449	-377	-31

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