Obrascón Huarte Lain Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-37.22	-49.92	5.52	-96.84	5.95	-151.22
Depreciation & Amortization	75.03	76.13	80.16	78.7	77.45	74.58
Other Operating Activities	104.32	98.32	58.53	86.95	13.99	153.78
Change in Other Net Operating Assets	32.88	61.68	55.39	-78.29	-98.02	-69.5
Operating Cash Flow	125.2	186.2	199.6	-9.48	-0.63	7.64
Operating Cash Flow Growth	-2.19%	-6.71%	-	-	-	-
Capital Expenditures	-54.69	-54.69	-38.62	-27.18	-29.65	-24.74
Sale of Property, Plant & Equipment	31.62	31.62	10.32	7.03	5.13	12.36
Cash Acquisitions	-9.53	-9.53	-25.55	-24.74	-25.83	-26.63
Divestitures	52.81	50.71	52.4	34.17	127.62	13.62
Investment in Securities	-19.44	-19.44	-31.43	133.6	-7.69	-0.84
Other Investing Activities	-37.15	16.85	26.57	11.32	16.03	13.3
Investing Cash Flow	-36.37	15.53	-6.32	134.2	85.62	-12.93
Long-Term Debt Issued	-	7.37	65.34	15.49	5.82	107.31
Long-Term Debt Repaid	-	-34.53	-32.79	-99.53	-42.32	-87.3
Net Debt Issued (Repaid)	-25.66	-27.16	32.55	-84.05	-36.51	20.01
Issuance of Common Stock	193.45	82.85	18.73	17.04	79.75	18.61
Repurchase of Common Stock	-15.06	-15.06	-18.74	-17.22	-8.33	-18.73
Other Financing Activities	-168.4	-169.2	-75.66	-95.23	-98.79	-79.15
Financing Cash Flow	-15.67	-128.57	-43.11	-179.45	-63.87	-59.26
Foreign Exchange Rate Adjustments	11.26	11.26	-7.8	13.07	15.32	-19.88
Net Cash Flow	84.42	84.42	142.38	-41.66	36.44	-84.43
Free Cash Flow	70.52	131.52	160.98	-36.66	-30.28	-17.1
Free Cash Flow Growth	-21.11%	-18.30%	-	-	-	-
Free Cash Flow Margin	1.97%	3.60%	5.14%	-1.28%	-1.09%	-0.60%
Free Cash Flow Per Share	0.07	0.21	0.27	-0.06	-0.07	-0.06
Cash Interest Paid	56.23	56.23	52.23	43.89	75.92	54.49
Cash Income Tax Paid	48.12	43.82	23.95	24.66	9	12.62
Levered Free Cash Flow	231.18	-150.66	-10.4	67.22	-50.29	-176.69
Unlevered Free Cash Flow	281.73	-108.36	29.27	103.64	-8.58	-142.54
Change in Working Capital	-19.92	61.68	55.39	-78.29	-98.02	-69.5

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