Relais Group 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	15.48	18.53	13.74	10.03	14.35
Depreciation & Amortization	25.41	18.73	18.27	16.8	12.91
Other Amortization	0.15	0.15	0.13	0.1	0.05
Asset Writedown & Restructuring Costs	0.03	-	-	-	-
Other Operating Activities	-7.38	1.63	0.83	1.98	3.31
Change in Accounts Receivable	7.22	2.21	-7.85	-1.15	-1.32
Change in Inventory	0.65	-10.47	-4.64	5.12	-14.81
Change in Accounts Payable	-7.62	4.05	10.13	-4.11	-1.29
Operating Cash Flow	33.95	34.84	30.6	28.78	13.19
Operating Cash Flow Growth	-2.55%	13.85%	6.31%	118.14%	-18.03%
Capital Expenditures	-5.22	-2.88	-4.07	-1.72	-2.48
Sale of Property, Plant & Equipment	0.32	0.22	0.23	0.18	0.2
Cash Acquisitions	-48.6	-4.57	-4.14	-14.65	-52.87
Investment in Securities	-0.13	-	-	-	-
Other Investing Activities	-0	-	-0	-	-
Investing Cash Flow	-53.62	-7.23	-7.99	-16.2	-55.16
Short-Term Debt Issued	8.6	-	-	3.5	4.5
Long-Term Debt Issued	160.8	3	-	16.5	40.74
Total Debt Issued	169.4	3	-	20	45.24
Short-Term Debt Repaid	-15.25	-1.01	-0.31	-3.52	-6.57
Long-Term Debt Repaid	-151.16	-20.67	-19.42	-18.26	-15.05
Total Debt Repaid	-166.41	-21.69	-19.72	-21.78	-21.62
Net Debt Issued (Repaid)	2.99	-18.69	-19.72	-1.78	23.62
Issuance of Common Stock	50.89	-	-	0.21	0.92
Repurchase of Common Stock	-	-1	-	-	-
Common Dividends Paid	-9.11	-7.96	-7.25	-6.46	-5.19
Other Financing Activities	-0.58	0	-	-2.49	-
Financing Cash Flow	44.19	-27.65	-26.98	-10.52	19.34
Foreign Exchange Rate Adjustments	-	-	0.51	-0.34	-0.25
Miscellaneous Cash Flow Adjustments	-	-	-0	0	-0
Net Cash Flow	24.52	-0.04	-3.85	1.72	-22.87
Free Cash Flow	28.73	31.96	26.52	27.06	10.71
Free Cash Flow Growth	-10.09%	20.49%	-1.98%	152.62%	-33.45%
Free Cash Flow Margin	7.49%	9.91%	9.33%	10.38%	4.50%
Free Cash Flow Per Share	1.53	1.70	1.41	1.44	0.58
Cash Interest Paid	9.37	8.19	7.41	4.01	3.47
Cash Income Tax Paid	9.76	5.86	4.01	5.74	4.05
Levered Free Cash Flow	7.11	30.06	22.32	24.01	6.94
Unlevered Free Cash Flow	13.07	35.23	26.96	26.56	9.17
Change in Working Capital	0.25	-4.21	-2.36	-0.13	-17.42

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