LON:0K10 Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. 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	869.19	863.14	788.78	872.5	768.99
Depreciation & Amortization	125.61	123.22	121.16	113.02	108.06
Stock-Based Compensation	22.51	19.98	17.93	19.66	19.6
Other Adjustments	3.79	-28.2	-13.37	26.52	0.94
Change in Receivables	-46.35	-53	50.3	-83.42	-66.47
Changes in Inventories	-7.65	24.13	71.02	-43.39	-118.72
Changes in Accounts Payable	33.76	12.08	-40.55	-13.83	93.97
Changes in Income Taxes Payable	-18.82	-11.93	12.26	55.86	19.69
Changes in Other Operating Activities	-26.28	18.92	-41.65	-87.86	75.92
Operating Cash Flow	955.77	968.35	965.87	859.07	908.83
Operating Cash Flow Growth	-1.30%	0.26%	12.43%	-5.47%	25.41%
Capital Expenditures	-107.12	-103.9	-105.32	-121.24	-107.58
Sale of Property, Plant & Equipment	-	1.63	0.84	0.4	3.65
Payments for Business Acquisitions	-93.84	-10.09	-5.81	-37.95	-220.86
Other Investing Activities	7.09	-7.1	-21.4	19.4	10.68
Investing Cash Flow	-193.87	-119.46	-131.69	-139.4	-314.11
Long-Term Debt Issued	1,996	2,157	2,127	2,307	2,428
Long-Term Debt Repaid	-1,975	-2,175	-2,097	-1,947	-2,036
Net Long-Term Debt Issued (Repaid)	21.46	-18.73	29.77	359.86	391.97
Issuance of Common Stock	32.27	23.72	19.23	33.22	20.46
Repurchase of Common Stock	-807.75	-858.09	-900	-1,100	-1,000
Net Common Stock Issued (Repurchased)	-775.47	-834.37	-880.77	-1,067	-979.54
Other Financing Activities	-1.16	-2.88	-8.59	-9.12	-2.99
Financing Cash Flow	-755.17	-855.98	-859.59	-716.04	-590.55
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.8	-3.35	-0.75	-6.23	0.14
Net Cash Flow	7.53	-10.45	-26.16	-2.6	4.31
Free Cash Flow	848.65	864.45	860.55	737.83	801.25
Free Cash Flow Growth	-1.83%	0.45%	16.63%	-7.92%	26.74%
FCF Margin	21.08%	22.32%	22.72%	18.82%	21.55%
Free Cash Flow Per Share	41.05	40.55	39.17	29.40	34.10
Levered Free Cash Flow	890.16	906.94	835.47	1,135	1,232
Unlevered Free Cash Flow	911.55	983.97	865.01	812.61	872.84

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.