Amadeus IT Group 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	1,758	1,628	1,414	962.7	-83
Depreciation & Amortization	735	700.2	680.4	677.6	681.9
Change in Receivables	-26.1	-144.9	-132.1	-163.6	5.5
Changes in Accounts Payable	30.5	234.7	101.9	161.8	214.4
Changes in Income Taxes Payable	-442.6	-252.5	-265.2	-68.4	-45.1
Changes in Other Operating Activities	145.7	-19.1	-4	-82.1	-51.9
Operating Cash Flow	2,201	2,146	1,795	1,441	636.3
Operating Cash Flow Growth	2.56%	19.56%	24.58%	126.43%	1828.18%
Capital Expenditures	-60.4	-72.7	-61.1	-39.5	-44
Sale of Property, Plant & Equipment	0.8	17.8	3.1	0.8	1.8
Purchases of Intangible Assets	-754.2	-715.4	-539.4	-527.2	-416.2
Purchases of Investments	-19.8	-75.9	-208.9	-189.8	-681.9
Proceeds from Sale of Investments	80.7	72.3	767.9	371.1	969.3
Payments for Business Acquisitions	-20.6	-372.7	-	-14.1	-3
Proceeds from Business Divestments	-2.5	0.2	0.1	-	-
Other Investing Activities	-	-	42.8	-94.6	-36.8
Investing Cash Flow	-776	-1,146	4.5	-493.3	-205.5
Long-Term Debt Issued	800.3	1,001	150.3	749.2	500.7
Long-Term Debt Repaid	-202.5	-940.1	-1,251	-1,248	-1,170
Net Long-Term Debt Issued (Repaid)	597.8	60.9	-1,100	-498.9	-668.8
Repurchase of Common Stock	-1,336	-362.4	-612.8	-3.8	-37.5
Net Common Stock Issued (Repurchased)	-1,336	-362.4	-612.8	-3.8	-37.5
Common Dividends Paid	-615.1	-541.9	-332.5	-	-
Other Financing Activities	-131.3	-146.7	-139.8	-184.6	-239.7
Financing Cash Flow	-1,484	-990.1	-2,186	-640.1	-865.8
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-14.2	2.2	-10.1	-1.5	8.6
Net Cash Flow	-73.4	11.7	-396.2	305.9	-426.4
Free Cash Flow	2,141	2,073	1,734	1,401	592.3
Free Cash Flow Growth	3.24%	19.58%	23.73%	136.59%	-
FCF Margin	32.84%	33.76%	31.86%	31.24%	22.18%
Free Cash Flow Per Share	4.82	4.59	3.75	3.01	1.27
Levered Free Cash Flow	2,342	1,905	1,588	815.2	-55.9
Unlevered Free Cash Flow	1,773	1,907	1,614	1,386	697.82

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