Sanoma Oyj 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	19.9	40.5	3.3	76.2	100.2
Depreciation & Amortization	159.4	157.6	159.3	149.9	150.4
Other Amortization	51.9	55.2	58.9	54.2	54
Loss (Gain) From Sale of Assets	-3.3	-6.6	-6	-3.3	-4.3
Asset Writedown & Restructuring Costs	74.7	34.8	18.7	12.4	2.2
Loss (Gain) From Sale of Investments	-	-	-	-	-0.4
Loss (Gain) on Equity Investments	-1	-0.9	-0.1	-0.2	-0.9
Other Operating Activities	-124	-105.8	-134.3	-129	-110
Change in Accounts Receivable	-	-6.8	38.6	46.5	-15
Change in Inventory	-	7.5	14	-6.4	9.9
Change in Accounts Payable	-	7.5	-4.2	-35.7	-5.6
Change in Other Net Operating Assets	21.2	-	-	-	-
Operating Cash Flow	198.8	183	148.2	164.6	181.4
Operating Cash Flow Growth	8.63%	23.48%	-9.96%	-9.26%	32.02%
Capital Expenditures	-39.1	-37.7	-43.1	-52.9	-41.7
Sale of Property, Plant & Equipment	5.2	3	9.3	1.4	8.8
Cash Acquisitions	-1.3	-0.8	-0.4	-204.9	-5.7
Divestitures	1	5.6	3.5	7.7	-
Investment in Securities	-	-	-0.1	-	-0.1
Other Investing Activities	1.5	2.1	2.3	0.8	0.2
Investing Cash Flow	-32.5	-27.8	-28.5	-250.7	-39.1
Short-Term Debt Issued	2.5	37.4	-	69.7	-
Long-Term Debt Issued	110	249.2	0.6	250.3	199.4
Total Debt Issued	112.5	286.6	0.6	320	199.4
Short-Term Debt Repaid	-	-	-69.7	-	-15.4
Long-Term Debt Repaid	-200	-412.2	-107.3	-155.2	-280.6
Total Debt Repaid	-200	-412.2	-177	-155.2	-296
Net Debt Issued (Repaid)	-87.5	-125.6	-176.4	164.8	-96.6
Issuance of Common Stock	-	-	148.9	-	-
Repurchase of Common Stock	-4	-1.9	-	-	-5
Common Dividends Paid	-75.6	-60.5	-60.4	-88.1	-87.9
Other Financing Activities	-0.1	-11.9	-7.9	-2.1	-15.2
Financing Cash Flow	-167.2	-199.9	-95.8	74.6	-204.7
Foreign Exchange Rate Adjustments	-	-	0.3	0.2	0.1
Miscellaneous Cash Flow Adjustments	0.1	-	-0.1	-0.1	0.1
Net Cash Flow	-0.8	-44.7	24.1	-11.4	-62.2
Free Cash Flow	159.7	145.3	105.1	111.7	139.7
Free Cash Flow Growth	9.91%	38.25%	-5.91%	-20.04%	47.21%
Free Cash Flow Margin	12.26%	10.80%	7.54%	8.60%	11.15%
Free Cash Flow Per Share	0.93	0.89	0.64	0.68	0.85
Cash Interest Paid	24.7	47	30.1	11.9	10.2
Cash Income Tax Paid	31.6	14.1	33.6	42.8	32.7
Levered Free Cash Flow	243.4	235.71	253.99	152.69	243.34
Unlevered Free Cash Flow	262.34	257.21	273.61	162	250.65
Change in Working Capital	21.2	8.2	48.4	4.4	-10.7

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