Chervon Holdings 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	97.6	112.47	-37.14	139.37	144.54
Depreciation & Amortization	53.38	55.96	36.18	35.95	29.87
Loss (Gain) From Sale of Assets	-	-0.29	0.05	0.18	-21.73
Loss (Gain) From Sale of Investments	-	-4.64	11.86	36.92	-29.87
Loss (Gain) on Equity Investments	-	17.34	18.34	5.49	-4.41
Provision & Write-off of Bad Debts	-	2.18	1.17	1.4	0.28
Other Operating Activities	78.38	39.35	20.68	28.98	56.51
Change in Accounts Receivable	-	-132.37	-141.69	63.75	-44.29
Change in Inventory	-	-78.64	23.87	-17.53	-305.13
Change in Accounts Payable	-	91.51	-69.5	-218.8	265.72
Change in Other Net Operating Assets	-	64.8	-37.53	-52.65	66.71
Operating Cash Flow	229.36	167.68	-173.7	23.06	158.2
Operating Cash Flow Growth	36.78%	-	-	-85.42%	18.30%
Capital Expenditures	-73.55	-73.73	-88.34	-72.19	-81.15
Sale of Property, Plant & Equipment	3.25	2.9	3.69	0.66	0.09
Cash Acquisitions	-5.83	-6.91	-	-	-
Divestitures	78.55	-	-	-	32.74
Investment in Securities	1.9	0.32	20.07	-48.88	-12.16
Other Investing Activities	6.47	7.01	7.84	3.96	1.59
Investing Cash Flow	10.78	-70.42	-57.96	-116.44	-58.89
Long-Term Debt Issued	456.9	433.68	346.35	493.95	643.13
Long-Term Debt Repaid	-514.55	-461.84	-355.18	-602.67	-557.81
Net Debt Issued (Repaid)	-57.65	-28.16	-8.84	-108.71	85.32
Issuance of Common Stock	-	-	100.17	60.3	409.85
Repurchase of Common Stock	-4.05	-2.56	-	-	-
Common Dividends Paid	-118.72	-18.09	-36.69	-35.05	-15
Other Financing Activities	-9.82	-12	6.46	-20.6	-80.62
Financing Cash Flow	-190.24	-60.81	61.1	-104.07	399.55
Foreign Exchange Rate Adjustments	0.65	-4.04	0.18	-0.83	-0.81
Net Cash Flow	50.53	32.42	-170.38	-198.28	498.05
Free Cash Flow	155.8	93.95	-262.04	-49.12	77.05
Free Cash Flow Growth	65.83%	-	-	-	-24.59%
Free Cash Flow Margin	9.57%	5.30%	-19.06%	-2.47%	4.38%
Free Cash Flow Per Share	0.31	0.18	-0.51	-0.10	0.19
Cash Interest Paid	8.89	11.09	9.41	13.52	20.58
Cash Income Tax Paid	36.21	9.99	12.34	23.28	8.4
Levered Free Cash Flow	152.98	42.15	-196.94	-106.11	22.25
Unlevered Free Cash Flow	158.41	49.01	-191.06	-89.72	33.3
Change in Working Capital	-	-54.7	-224.85	-225.22	-16.99

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