Mersen 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	49.4	59	81.6	67.7	54.4	-12
Depreciation & Amortization	79	74.5	65.4	64.8	56.2	52.9
Other Amortization	0.4	0.4	0.4	0.3	0.3	0.3
Loss (Gain) From Sale of Assets	0.2	0.6	1	-3.5	0.5	0.2
Asset Writedown & Restructuring Costs	-	-	-	11.4	-	-
Other Operating Activities	47.1	50.4	27.7	28	11.3	59.9
Change in Other Net Operating Assets	42.1	9.1	3.2	-63.2	-5.9	31.4
Operating Cash Flow	218.2	194	179.3	105.5	116.8	132.7
Operating Cash Flow Growth	12.13%	8.20%	69.95%	-9.68%	-11.98%	7.80%
Capital Expenditures	-185.4	-204.3	-176.3	-97.3	-87.2	-58.4
Sale of Property, Plant & Equipment	0.5	3.1	1.6	-	-	-
Cash Acquisitions	-66.3	-66.4	2.1	-2.6	-9.4	-13.6
Sale (Purchase) of Intangibles	-13.7	-12.3	-11	-6.2	-5.5	-5.2
Investment in Securities	-	-	-	-0.3	-	-
Other Investing Activities	-0.1	-	-0.1	10.1	8.2	2.8
Investing Cash Flow	-265	-279.9	-183.7	-96.3	-93.9	-74.4
Long-Term Debt Issued	-	311.4	416.4	549	190.1	29.2
Long-Term Debt Repaid	-	-166.7	-479.3	-508.4	-254.5	-13.5
Net Debt Issued (Repaid)	164.3	144.7	-62.9	40.6	-64.4	15.7
Issuance of Common Stock	-	-	96.1	-	1.6	0.1
Repurchase of Common Stock	-3.4	-0.5	-	-5.6	-	-3.6
Common Dividends Paid	-30.4	-30.4	-30.2	-20.7	-13.5	-
Other Financing Activities	-21.4	-17.1	-20.1	-9.7	-8.7	-7.5
Financing Cash Flow	109.1	96.7	-17.1	4.6	-85	4.7
Foreign Exchange Rate Adjustments	-1.2	3.2	-0.3	-4.1	0.8	2.5
Miscellaneous Cash Flow Adjustments	-0.1	-0.1	-	-	0.1	-
Net Cash Flow	61	13.9	-21.8	9.7	-61.2	65.5
Free Cash Flow	32.8	-10.3	3	8.2	29.6	74.3
Free Cash Flow Growth	-	-	-63.41%	-72.30%	-60.16%	28.55%
Free Cash Flow Margin	2.67%	-0.83%	0.25%	0.74%	3.21%	8.77%
Free Cash Flow Per Share	1.32	-0.41	0.13	0.37	1.40	3.60
Cash Interest Paid	20.9	16.6	13.8	7.3	6.8	7.4
Cash Income Tax Paid	13.5	12.9	25	12.1	15.7	11.4
Levered Free Cash Flow	-28.29	-37.28	-62.43	-31.88	-0.94	77.65
Unlevered Free Cash Flow	-13.69	-24.43	-52.51	-25.8	4.58	83.85
Change in Working Capital	42.1	9.1	3.2	-63.2	-5.9	31.4

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