Musti Group 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 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022
Net Income	-4.05	-3.72	0.86	3.63	26.45	22.33
Depreciation & Amortization	49.98	48.03	41.54	39.61	36.74	34.55
Other Amortization	0.04	0.04	0.05	-	0.02	-
Asset Writedown & Restructuring Costs	-	-	-	-	-	-0.01
Other Operating Activities	7.36	10.55	-1.59	1.9	1.65	4.65
Change in Accounts Receivable	-4.21	0.27	2.47	2.11	-0.52	-0.76
Change in Inventory	-5.42	-6.5	-6.76	-4.83	2.13	-16.3
Change in Accounts Payable	14.85	17.92	-5.32	-3.02	13.1	1.68
Operating Cash Flow	58.54	66.59	31.26	39.39	79.55	46.14
Operating Cash Flow Growth	36.88%	113.05%	-20.65%	-50.49%	72.43%	-16.04%
Capital Expenditures	-22.86	-21.7	-15.18	-14.42	-11.86	-14.22
Cash Acquisitions	-18.57	-20.3	-16.69	-5.25	-6.72	-18.74
Divestitures	-	-	0.05	0.05	-	-
Investment in Securities	-	-	-1.99	-	-	-
Other Investing Activities	0	-	-0	-	-	-
Investing Cash Flow	-41.43	-42	-33.81	-19.62	-18.58	-32.95
Short-Term Debt Issued	-	4.96	-	10.47	-	14.95
Long-Term Debt Issued	-	15.08	-	4.72	10.04	60
Total Debt Issued	16.04	20.04	95	15.2	10.04	74.95
Short-Term Debt Repaid	-	-	-	-	-6.14	-
Long-Term Debt Repaid	-	-31.77	-	-26.56	-32.85	-72.11
Total Debt Repaid	-25.31	-31.77	-94.91	-26.56	-38.99	-72.11
Net Debt Issued (Repaid)	-9.26	-11.74	0.09	-11.36	-28.95	2.83
Common Dividends Paid	-	-	-	-0.03	-	-
Other Financing Activities	-11.01	-9.23	-5.55	-4.97	-2.94	-4.35
Financing Cash Flow	-20.27	-20.97	-5.47	-16.36	-48.66	-16.14
Foreign Exchange Rate Adjustments	0.21	0.79	0.91	0.2	-0.42	-
Miscellaneous Cash Flow Adjustments	-	-	0	-	-	-
Net Cash Flow	-2.95	4.42	-7.11	3.61	11.9	-2.96
Free Cash Flow	35.69	44.89	16.08	24.97	67.69	31.92
Free Cash Flow Growth	40.26%	179.18%	-35.61%	-63.11%	112.06%	-24.13%
Free Cash Flow Margin	6.76%	8.82%	3.61%	5.70%	15.90%	8.16%
Free Cash Flow Per Share	1.07	1.34	0.48	0.74	2.02	0.95
Cash Interest Paid	12.45	10.66	7.72	7.34	4.15	7.09
Cash Income Tax Paid	2.46	0.51	4.52	3.18	7.53	5.2
Levered Free Cash Flow	30.99	37.37	-	23.61	55.64	22.09
Unlevered Free Cash Flow	37.6	43.64	-	25.4	58.99	23.98
Change in Working Capital	5.21	11.69	-9.61	-5.75	14.7	-15.39

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