Grupo Catalana Occidente 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	2016 - 2020
Period Ending	Jun '25 Jun 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	2016 - 2020
Net Income	668.23	636.45	580.6	472.98	427.23	262.33	Upgrade
Depreciation & Amortization	64.95	64.95	114.26	74.9	88.82	72.77	Upgrade
Other Amortization	8.36	8.36	18.03	17.43	24.97	22.11	Upgrade
Other Operating Activities	38.81	41.17	-284.79	-30.9	7.92	140.92	Upgrade
Operating Cash Flow	780.35	750.92	428.09	534.42	548.94	498.13	Upgrade
Operating Cash Flow Growth	36.48%	75.41%	-19.89%	-2.65%	10.20%	-2.99%	Upgrade
Capital Expenditures	-314.31	-214.28	-48.66	-21.23	-37.48	-38.12	Upgrade
Sale of Property, Plant & Equipment	1.61	3.37	5.23	0.07	0.44	2.7	Upgrade
Purchase / Sale of Intangible Assets	-11.83	-13.73	-13.49	-13.93	-42.13	-48.91	Upgrade
Cash Acquisitions	0.06	-92.28	-401.32	-	-	-	Upgrade
Investment in Securities	-759.41	-762.86	-554.61	-262.86	-456.94	-400.19	Upgrade
Other Investing Activities	354.87	365.95	100.71	247.6	413.14	292.53	Upgrade
Investing Cash Flow	-661.08	-659.43	-882.79	-12.11	-139.32	-237.77	Upgrade
Long-Term Debt Issued	-	247.66	-	-	-	-	Upgrade
Total Debt Repaid	-5.8	-154.52	-	-	-6	-	Upgrade
Net Debt Issued (Repaid)	-6.8	93.14	-	-	-6	-	Upgrade
Issuance of Common Stock	-	-	-	0.48	0.28	0.64	Upgrade
Repurchases of Common Stock	-	-	-	-	-	-2.18	Upgrade
Common Dividends Paid	-145.8	-137.59	-126.64	-116.57	-107.75	-81.51	Upgrade
Other Financing Activities	-13.22	-11.56	-181.37	-9.9	-45.92	-45.81	Upgrade
Financing Cash Flow	-165.82	-56.01	-308	-125.99	-159.39	-128.86	Upgrade
Foreign Exchange Rate Adjustments	4	17.49	10.03	-3.03	4.97	-8.27	Upgrade
Net Cash Flow	-42.55	52.97	-752.67	393.29	255.2	123.24	Upgrade
Free Cash Flow	466.03	536.64	379.43	513.18	511.46	460.01	Upgrade
Free Cash Flow Growth	-6.85%	41.43%	-26.06%	0.34%	11.18%	-5.44%	Upgrade
Free Cash Flow Margin	10.29%	12.11%	9.00%	12.35%	12.22%	11.92%	Upgrade
Free Cash Flow Per Share	3.95	4.55	3.21	4.35	4.33	3.90	Upgrade
Cash Interest Paid	12.88	11.41	9.01	10.1	13.9	14.11	Upgrade
Cash Income Tax Paid	209.73	200.14	197.6	168.5	100.5	95.13	Upgrade
Levered Free Cash Flow	981.88	310.67	-445.96	-80.32	559.67	483.18	Upgrade
Unlevered Free Cash Flow	981.88	310.67	-445.96	-80.32	559.67	483.18	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.