BVZ Holding AG Cash Flow Statement

Financials in millions CHF. Fiscal year is January - December.

Millions CHF. 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	32.19	21.58	26.26	20.59	3.59
Depreciation & Amortization	32.95	33.1	29.48	22.36	21.6
Other Amortization	0.92	0.95	1.16	1	1
Loss (Gain) From Sale of Assets	-0.09	-0.01	-0	-0.02	-0
Loss (Gain) From Sale of Investments	0.01	-0.14	-	-0.2	0.2
Loss (Gain) on Equity Investments	-0.49	-0.35	-0.47	-1.17	0.03
Other Operating Activities	2.74	1.55	3.49	3.06	-0.05
Change in Accounts Receivable	4.03	-3.74	-4.06	-0.82	0.8
Change in Inventory	-0.57	-1.28	-1.03	-1.88	-0.38
Change in Accounts Payable	-3.19	3.15	-7.22	7.99	-1.43
Change in Other Net Operating Assets	-2.26	8.09	13.85	11.94	-11.46
Operating Cash Flow	66.26	62.9	61.44	62.85	13.89
Operating Cash Flow Growth	5.34%	2.37%	-2.25%	352.54%	105.40%
Capital Expenditures	-43.43	-29.5	-146.55	-119.33	-57.53
Sale of Property, Plant & Equipment	0.09	0.01	0.13	0.03	0.17
Sale (Purchase) of Intangibles	-0.36	-0.31	-1.49	-0.8	-1.08
Investment in Securities	-3.5	0.15	1.4	1.79	-0.67
Other Investing Activities	6.2	0.07	1.99	3.22	2.78
Investing Cash Flow	-40.99	-29.58	-144.52	-115.09	-56.34
Long-Term Debt Issued	-	-	107.72	79.02	39.9
Long-Term Debt Repaid	-20.13	-14.96	-2.92	-1.79	-1.14
Net Debt Issued (Repaid)	-20.13	-14.96	104.8	77.23	38.76
Common Dividends Paid	-3.55	-3.16	-2.96	-0.59	-
Other Financing Activities	-0.89	-	-	-	-
Financing Cash Flow	-24.56	-18.11	101.84	76.64	38.76
Net Cash Flow	0.7	15.2	18.76	24.4	-3.69
Free Cash Flow	22.83	33.4	-85.11	-56.48	-43.64
Free Cash Flow Growth	-31.64%	-	-	-	-
Free Cash Flow Margin	10.18%	16.28%	-42.24%	-31.63%	-31.13%
Free Cash Flow Per Share	115.73	169.29	-431.44	-286.29	-221.26
Levered Free Cash Flow	17.33	24.64	-99.23	-66.14	-46.04
Unlevered Free Cash Flow	20.54	28.01	-96.5	-64.52	-44.56
Change in Working Capital	-1.98	6.22	1.53	17.23	-12.47

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