Bolloré SE 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	348	1,822	268.5	3,400	6,062
Depreciation & Amortization	-86	1,410	73.5	689.8	939.3
Loss (Gain) From Sale of Assets	-	50.1	47.2	978.5	50.7
Asset Writedown & Restructuring Costs	-	140.4	-	-	-
Other Operating Activities	-62	-3,360	-246.2	-3,354	-5,267
Change in Accounts Receivable	-	-12.4	-5.2	-91.4	-278.3
Change in Inventory	-	65.9	79.3	-124.7	62.4
Change in Accounts Payable	-	26.5	-71.5	281.5	175
Change in Other Net Operating Assets	128	-	-	-	-
Operating Cash Flow	318	-2,052	-269.4	1,518	1,397
Operating Cash Flow Growth	-	-	-	8.67%	-48.33%
Capital Expenditures	-	-34.7	-30.5	-246.9	-341.6
Sale of Property, Plant & Equipment	507	1.6	2.2	10.2	6
Cash Acquisitions	-183	4,449	-196.9	4,027	-843.4
Sale (Purchase) of Intangibles	-	-7	-7.1	-165.7	-218
Investment in Securities	-	-635.3	-401	608.2	-401
Other Investing Activities	-	-0.1	-0.1	0.1	0.1
Investing Cash Flow	324	3,773	-633.4	4,233	-1,798
Long-Term Debt Issued	-	31	3	260.7	655.1
Long-Term Debt Repaid	-	-1,989	-813.7	-1,846	-2,982
Net Debt Issued (Repaid)	-	-1,958	-810.7	-1,585	-2,327
Issuance of Common Stock	-	-	-	2.6	17.7
Common Dividends Paid	-	-198.4	-170.1	-176	-175.9
Other Financing Activities	-493	85.3	-431.5	-577.4	4,604
Financing Cash Flow	-493	-2,071	-1,412	-2,336	2,119
Foreign Exchange Rate Adjustments	-	-0.4	1.8	23.2	60.4
Miscellaneous Cash Flow Adjustments	-	-	35.2	-1.1	772.5
Net Cash Flow	149	-349.2	-2,278	3,437	2,551
Free Cash Flow	318	-2,086	-299.9	1,271	1,055
Free Cash Flow Growth	-	-	-	20.45%	-53.55%
Free Cash Flow Margin	10.87%	-66.65%	-9.45%	9.32%	6.34%
Free Cash Flow Per Share	0.11	-0.73	-0.10	0.43	0.36
Cash Income Tax Paid	16	-9.9	19.9	182.8	150.5
Levered Free Cash Flow	-463.45	498.53	415.54	-403.69	-1,582
Unlevered Free Cash Flow	-453.45	534.21	486.6	-325.13	-1,498
Change in Working Capital	128	80	2.6	65.4	-40.9

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