Safran 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	7,177	-667	3,444	-2,459	43
Depreciation & Amortization	1,478	1,406	1,336	1,373	1,422
Loss (Gain) From Sale of Assets	50	-47	344	289	-57
Asset Writedown & Restructuring Costs	489	-	148	411	91
Loss (Gain) on Equity Investments	49	76	139	11	702
Stock-Based Compensation	109	106	89	-	-
Other Operating Activities	-4,811	3,760	-2,064	3,158	-40
Change in Accounts Receivable	2,030	1,553	2,551	2,370	78
Change in Inventory	-810	-1,452	-1,494	-1,545	296
Change in Other Net Operating Assets	-149	-94	-299	-96	-124
Operating Cash Flow	5,721	4,733	4,270	3,545	2,436
Operating Cash Flow Growth	20.88%	10.84%	20.45%	45.52%	30.55%
Capital Expenditures	-1,238	-1,044	-823	-536	-442
Sale of Property, Plant & Equipment	-	-	-	38	55
Cash Acquisitions	-1,392	-319	-131	-	-
Divestitures	66	-	122	-	-
Sale (Purchase) of Intangibles	-562	-500	-502	-381	-369
Investment in Securities	-258	15	-370	-409	18
Investing Cash Flow	-3,384	-1,848	-1,704	-1,288	-738
Short-Term Debt Issued	830	45	-	-	-
Long-Term Debt Issued	17	56	17	510	2,146
Total Debt Issued	847	101	17	510	2,146
Short-Term Debt Repaid	-	-	-161	-159	-775
Long-Term Debt Repaid	-230	-884	-316	-671	-1,379
Total Debt Repaid	-230	-884	-477	-830	-2,154
Net Debt Issued (Repaid)	617	-783	-460	-320	-8
Issuance of Common Stock	-	-	2	-	1
Repurchase of Common Stock	-1,358	-1,320	-1,535	-270	-73
Common Dividends Paid	-1,216	-911	-564	-213	-183
Other Financing Activities	-48	-59	-19	-12	-5
Financing Cash Flow	-2,005	-3,073	-2,576	-815	-268
Foreign Exchange Rate Adjustments	-57	26	-1	-2	70
Net Cash Flow	275	-162	-11	1,440	1,500
Free Cash Flow	4,483	3,689	3,447	3,009	1,994
Free Cash Flow Growth	21.52%	7.02%	14.56%	50.90%	42.63%
Free Cash Flow Margin	14.37%	13.31%	14.57%	15.41%	13.04%
Free Cash Flow Per Share	10.73	8.87	7.99	7.05	4.53
Cash Interest Paid	-	-	-	87	79
Cash Income Tax Paid	1,962	935	988	233	302
Levered Free Cash Flow	-1,704	7,207	799.75	7,058	2,047
Unlevered Free Cash Flow	-1,642	7,265	874.13	7,113	2,111
Change in Working Capital	1,071	7	758	729	250

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