LJSE:POSR 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	113.91	87.66	64.46	46.7	76.07
Depreciation & Amortization	8.81	9.31	8.18	8.11	8.94
Other Amortization	4.88	3.52	3.53	1.5	1.46
Gain (Loss) on Sale of Assets	-0.25	0.28	-0.97	-1.84	-0.33
Change in Accounts Receivable	-	-	-	-	6.74
Reinsurance Recoverable	-	-	-	-	-3.5
Change in Unearned Revenue	-	-	-	-	-2.79
Change in Income Taxes	-	-	-	-	-14.58
Change in Deferred Taxes	-	-	-	-	-0.56
Change in Insurance Reserves / Liabilities	-	-	-	-	101.13
Change in Other Net Operating Assets	123.89	197.26	103.37	-40.52	25.01
Other Operating Activities	-83.6	-141.2	-78.11	50.54	-79.1
Operating Cash Flow	166.69	154.48	98.34	62.65	120.99
Operating Cash Flow Growth	7.90%	57.08%	56.96%	-48.22%	93.54%
Capital Expenditures	-1.45	-7.24	-4.89	-14.85	-11.22
Sale of Property, Plant & Equipment	0.42	0.55	4.15	5.38	1.55
Purchase / Sale of Intangible Assets	-5.37	-5.19	-4.68	-5.49	-5.42
Cash Acquisitions	-2.5	-0.17	-1.99	-	-5.03
Investment in Securities	-152.98	-178.6	-125.06	-32.29	-101.65
Other Investing Activities	28.94	24.51	21.5	23.16	24.75
Investing Cash Flow	-132.81	-166.14	-113.47	-31.79	-97.02
Long-Term Debt Issued	1.99	51.44	2.37	2.2	1.87
Total Debt Issued	1.99	51.44	2.37	2.2	1.87
Total Debt Repaid	-3.63	-7.45	-2.19	-2.21	-4.52
Net Debt Issued (Repaid)	-1.65	43.98	0.18	-0.01	-2.65
Issuance of Common Stock	-	-	-	0.01	-
Common Dividends Paid	-34.87	-27.17	-24.8	-23.25	-13.17
Other Financing Activities	-6.02	-3.36	-2.92	-3.03	-2.96
Financing Cash Flow	-42.53	13.45	-27.54	-26.28	-18.79
Net Cash Flow	-8.65	1.79	-42.66	4.58	5.19
Free Cash Flow	165.23	147.24	93.46	47.8	109.77
Free Cash Flow Growth	12.22%	57.55%	95.52%	-56.45%	93.75%
Free Cash Flow Margin	17.56%	17.37%	12.75%	7.62%	13.21%
Free Cash Flow Per Share	10.66	9.50	6.03	3.08	7.08
Cash Interest Paid	5.84	3.2	3.05	2.92	2.89
Cash Income Tax Paid	21.42	33.46	12.76	17.14	14.58
Levered Free Cash Flow	-10.05	-60.8	-73.33	-1,165	86.46
Unlevered Free Cash Flow	-6.29	-58.32	-71.38	-1,163	88.41
Change in Working Capital	123.89	197.26	103.37	-40.52	114.72

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