MMG Limited Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. 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	509.4	161.9	9	172.4	667.1
Depreciation & Amortization	1,123	1,006	951.7	798.2	894.1
Other Amortization	-	-	14.3	17.1	26.4
Loss (Gain) From Sale of Assets	-	-	2.6	9	2.3
Loss (Gain) From Sale of Investments	-	-	-1.2	0.3	-0.1
Stock-Based Compensation	-	-	-1.5	1.1	1
Other Operating Activities	1,057	444.3	416.3	328.4	558.5
Change in Accounts Receivable	-	-	-126.2	-142.7	0.4
Change in Inventory	-	-	490.3	-311.9	-190.3
Change in Accounts Payable	-	-	67.2	56.8	314.3
Change in Other Net Operating Assets	-	-	50.8	-28.6	-183
Operating Cash Flow	2,690	1,612	1,850	832.1	2,552
Operating Cash Flow Growth	66.85%	-12.87%	122.32%	-67.39%	87.86%
Capital Expenditures	-1,080	-905.2	-790	-564.5	-569.7
Sale of Property, Plant & Equipment	0.2	0.1	1.2	-	0.1
Cash Acquisitions	-	-2,043	-	-	-
Divestitures	-	-	-	27.5	-
Sale (Purchase) of Intangibles	-2	-22.3	-1.2	-1.7	-4.1
Investing Cash Flow	-1,081	-2,970	-790	-538.7	-573.7
Long-Term Debt Issued	3,343	5,318	2,800	700	270
Total Debt Issued	3,343	5,318	2,800	700	270
Long-Term Debt Repaid	-4,225	-5,470	-3,547	-1,623	-1,194
Total Debt Repaid	-4,225	-5,470	-3,547	-1,623	-1,194
Net Debt Issued (Repaid)	-882	-151.7	-746.5	-922.6	-923.7
Issuance of Common Stock	-	1,163	1.2	0.1	304.2
Other Financing Activities	-590.2	92.8	-239.8	-254	-295.7
Financing Cash Flow	-1,472	1,104	-985.1	-1,177	-915.2
Net Cash Flow	135.9	-254.3	74.8	-883.1	1,063
Free Cash Flow	1,610	706.7	1,060	267.6	1,982
Free Cash Flow Growth	127.80%	-33.32%	296.08%	-86.50%	134.92%
Free Cash Flow Margin	25.89%	15.78%	24.39%	8.22%	46.60%
Free Cash Flow Per Share	0.13	0.07	0.12	0.03	0.23
Cash Interest Paid	115.2	151.5	379.3	277.8	279
Cash Income Tax Paid	549.3	111.7	79.1	268	41.1
Levered Free Cash Flow	1,420	381.25	746.68	-68.65	1,621
Unlevered Free Cash Flow	1,568	575.56	936.28	91.24	1,792
Change in Working Capital	-	-	458.7	-494.4	402.2

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