Cairn Homes 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	132.72	114.57	85.43	81.03	43.24
Depreciation & Amortization	2.63	1.2	0.99	1.29	0.61
Other Amortization	-	1.53	1.18	0.47	0.2
Stock-Based Compensation	5.99	6.08	5.75	5.03	3.5
Other Operating Activities	15.86	17.35	13.72	10.45	8.04
Change in Accounts Receivable	39.33	-98.26	-33.61	8.04	-17.09
Change in Inventory	-173.42	83.49	26.46	-24.63	30.08
Change in Accounts Payable	47.52	8.7	7.1	12.21	19.94
Operating Cash Flow	70.62	134.66	107.02	93.89	88.52
Operating Cash Flow Growth	-47.55%	25.83%	13.98%	6.07%	-
Capital Expenditures	-1.45	-2.66	-1.69	-5.6	-0.41
Sale (Purchase) of Intangibles	-1.4	-1.74	-2.4	-2.08	-1.08
Other Investing Activities	-6.97	-	-	-	-
Investing Cash Flow	-9.82	-4.4	-4.09	-7.69	-1.49
Long-Term Debt Issued	491.52	392.85	317.5	354.81	170
Total Debt Issued	491.52	392.85	317.5	354.81	170
Long-Term Debt Repaid	-449.12	-386	-315.76	-334.4	-224.36
Total Debt Repaid	-449.12	-386	-315.76	-334.4	-224.36
Net Debt Issued (Repaid)	42.4	6.85	1.74	20.41	-54.36
Issuance of Common Stock	0.01	0.8	1.49	-	-
Repurchase of Common Stock	-7.83	-75.6	-45.89	-75.14	-
Common Dividends Paid	-52.88	-44.72	-41.9	-40.69	-19.95
Other Financing Activities	-15.01	-15.52	-14.53	-9.1	-7.21
Financing Cash Flow	-33.31	-128.19	-99.09	-104.52	-81.52
Net Cash Flow	27.5	2.07	3.84	-18.32	5.5
Free Cash Flow	69.17	132.01	105.33	88.29	88.11
Free Cash Flow Growth	-47.60%	25.32%	19.30%	0.21%	-
Free Cash Flow Margin	7.32%	15.35%	15.80%	14.30%	20.78%
Free Cash Flow Per Share	0.11	0.20	0.15	0.12	0.12
Cash Interest Paid	15.01	14.9	14.07	9.1	7.21
Cash Income Tax Paid	20.01	17.88	14.39	11.64	7.1
Levered Free Cash Flow	-24.79	93.36	63.07	52.4	66.97
Unlevered Free Cash Flow	-15.17	102.55	71.53	57.89	71.15
Change in Working Capital	-86.57	-6.07	-0.06	-4.39	32.93

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