D'Ieteren Group 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	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
Net Income	449.3	372.1	504.7	332.7	252.4	138.8
Depreciation & Amortization	220	207.7	188.1	94	46.5	45.6
Asset Writedown & Restructuring Costs	-	163.4	-	-	-	21.4
Loss (Gain) on Equity Investments	-255.6	-301.5	-356.7	-210.1	-184.2	-150.2
Stock-Based Compensation	-24.5	51.6	53.5	24.1	9	-
Other Operating Activities	105.1	68.8	142.6	5.7	0.5	-7
Change in Accounts Receivable	69.1	69.1	-81.6	94.2	29.8	-
Change in Inventory	207.8	207.8	-193.4	-259.9	18.9	-
Change in Accounts Payable	32.8	32.8	179.7	6.9	3	-
Change in Other Net Operating Assets	-333.3	-	-	-	-	124
Operating Cash Flow	470.7	871.8	436.9	89.7	175.9	172.6
Operating Cash Flow Growth	-45.90%	99.54%	387.07%	-49.00%	1.91%	250.81%
Capital Expenditures	-125.5	-129.8	-106.5	-77	-46.7	-29.3
Sale of Property, Plant & Equipment	20.2	21.7	14.9	10.4	3.7	1.9
Cash Acquisitions	-156.8	-122.3	-60.4	-516.8	-9	-0.4
Divestitures	-	-	92.1	-	-	-
Investment in Securities	73.6	310.4	-236.8	417.6	-958.5	-291
Other Investing Activities	2,415	2,294	786.4	222.9	831.8	4.2
Investing Cash Flow	2,226	2,374	489.7	57.1	-178.7	-314.6
Long-Term Debt Issued	-	2,035	74.1	107.4	118.3	52.3
Long-Term Debt Repaid	-	-1,157	-274.4	-85.2	-24.8	-147.9
Net Debt Issued (Repaid)	713.8	878.4	-200.3	22.2	93.5	-95.6
Issuance of Common Stock	19.4	32.2	21.3	30.7	4.7	7
Repurchase of Common Stock	-94.9	-30.1	-81.6	-117.4	-13.7	-31.4
Common Dividends Paid	-4,061	-4,177	-160.7	-113.6	-72.9	-53.9
Other Financing Activities	-130.4	-114.5	-104	33.3	-6.4	0.5
Financing Cash Flow	-3,553	-3,411	-525.3	-144.8	5.2	-173.4
Foreign Exchange Rate Adjustments	-0.1	0.2	-0.4	0.4	0.9	-0.8
Miscellaneous Cash Flow Adjustments	-3.7	0.4	-	-	-	-
Net Cash Flow	-860.4	-163.9	400.9	2.4	3.3	-316.2
Free Cash Flow	345.2	742	330.4	12.7	129.2	143.3
Free Cash Flow Growth	-55.34%	124.58%	2501.58%	-90.17%	-9.84%	-
Free Cash Flow Margin	4.37%	9.10%	4.14%	0.27%	3.84%	4.32%
Free Cash Flow Per Share	6.44	13.86	6.18	0.24	2.40	2.65
Cash Interest Paid	125.3	115.8	102.5	19.8	6.4	5.5
Cash Income Tax Paid	103.8	118.2	100	57.2	25.2	32.1
Levered Free Cash Flow	195.31	475.19	435.46	-529.81	123.15	149.18
Unlevered Free Cash Flow	266.44	533.06	495.9	-506.81	126.03	152.36
Change in Working Capital	-23.6	309.7	-95.3	-158.8	51.7	124

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