Esprinet 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	20.17	21.52	-11.88	47.35	44.18
Depreciation & Amortization	24.48	23.3	20.07	17.26	16.32
Stock-Based Compensation	0.15	0.46	-3.16	2.12	1.74
Other Operating Activities	6.5	5.82	28.56	1.2	9.75
Change in Accounts Receivable	-56.51	-65.66	12.38	-113.2	23.53
Change in Inventory	1.67	-122.36	162.96	-143.17	-110.13
Change in Accounts Payable	54.84	156.29	-7.45	-79.61	65.22
Change in Other Net Operating Assets	-1.98	-16.59	-33.44	16.66	-28.96
Operating Cash Flow	49.32	2.78	168.04	-251.41	21.65
Operating Cash Flow Growth	1677.40%	-98.35%	-	-	-72.10%
Capital Expenditures	-3.35	-5.98	-13.39	-10.93	-5.37
Sale of Property, Plant & Equipment	0.21	-	-	-	-
Cash Acquisitions	-11.3	-	-6.48	-6.74	-11.22
Sale (Purchase) of Intangibles	-0.04	0.39	-0.09	-1.5	-0.47
Other Investing Activities	-10.07	-0.01	0.02	0.11	0.04
Investing Cash Flow	-24.55	-5.61	-19.95	-19.06	-17.02
Long-Term Debt Issued	85	22.75	38	26.96	26.5
Long-Term Debt Repaid	-76.44	-58.41	-71.77	-47.53	-48.59
Net Debt Issued (Repaid)	8.56	-35.67	-33.77	-20.57	-22.09
Repurchase of Common Stock	-	-	-	-	-19.86
Common Dividends Paid	-19.78	-	-27.8	-25.56	-27.23
Other Financing Activities	0.76	-6.14	2.18	-2.69	-2.91
Financing Cash Flow	-10.46	-41.8	-59.39	-48.82	-72.09
Net Cash Flow	14.31	-44.63	88.7	-319.29	-67.46
Free Cash Flow	45.98	-3.2	154.64	-262.33	16.28
Free Cash Flow Growth	-	-	-	-	-77.13%
Free Cash Flow Margin	1.07%	-0.08%	3.88%	-5.60%	0.35%
Free Cash Flow Per Share	0.93	-0.06	3.13	-5.24	0.33
Cash Interest Paid	12.42	11.55	11.59	5.25	4.87
Cash Income Tax Paid	8.37	5.23	8.87	15.36	6.22
Levered Free Cash Flow	46.58	-3.96	153.45	-274.1	-18.29
Unlevered Free Cash Flow	49.46	5.84	166.49	-269.86	-14.57
Change in Working Capital	-1.98	-48.32	134.45	-319.33	-50.34

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