Lagardere 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	203	168	144	161	-101
Depreciation & Amortization	831	769	663	608	661
Loss (Gain) From Sale of Assets	-50	-118	-103	-46	-148
Asset Writedown & Restructuring Costs	31	95	60	-16	-2
Loss (Gain) on Equity Investments	1	11	10	-13	-1
Other Operating Activities	312	347	226	107	130
Change in Accounts Receivable	-	12	-33	93	102
Change in Inventory	-	-6	-15	-182	-90
Change in Accounts Payable	-	40	-3	53	220
Change in Other Net Operating Assets	3	-30	31	-43	44
Operating Cash Flow	1,331	1,288	980	722	815
Operating Cash Flow Growth	3.34%	31.43%	35.73%	-11.41%	311.62%
Capital Expenditures	-255	-293	-269	-177	-136
Sale of Property, Plant & Equipment	45	1	3	4	13
Cash Acquisitions	18	-3	42	-15	15
Divestitures	-	-	-	-2	-2
Investment in Securities	-22	68	-359	-129	-196
Other Investing Activities	37	30	-18	-19	-7
Investing Cash Flow	-177	-197	-601	-338	-313
Long-Term Debt Issued	919	1,877	810	74	1,193
Long-Term Debt Repaid	-1,407	-2,642	-1,111	-314	-1,377
Net Debt Issued (Repaid)	-488	-765	-301	-240	-184
Repurchase of Common Stock	-	-9	-	-	-1
Common Dividends Paid	-95	-92	-183	-70	-
Other Financing Activities	-312	-344	-260	-201	-23
Financing Cash Flow	-895	-1,210	-744	-511	-208
Foreign Exchange Rate Adjustments	20	-11	7	-7	-12
Miscellaneous Cash Flow Adjustments	-	-	-3	2	-9
Net Cash Flow	279	-130	-361	-132	273
Free Cash Flow	1,076	995	711	545	679
Free Cash Flow Growth	8.14%	39.94%	30.46%	-19.73%	2325.00%
Free Cash Flow Margin	11.42%	11.06%	8.74%	7.81%	13.13%
Free Cash Flow Per Share	7.58	6.96	4.99	3.86	5.04
Cash Interest Paid	237	287	199	166	101
Cash Income Tax Paid	109	81	70	57	38
Levered Free Cash Flow	-	776.38	621	359.75	639.25
Unlevered Free Cash Flow	-	937	735.38	441	724.25
Change in Working Capital	3	16	-20	-79	276

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