SMCP S.A. 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	16.6	-23.6	11.2	51.3	23.9
Depreciation & Amortization	136.1	163.5	155.9	155.4	147.2
Asset Writedown & Restructuring Costs	29.6	34.8	25	9.8	29.8
Stock-Based Compensation	-	-	-	5.6	6.7
Other Operating Activities	35.5	29.9	23	32.3	33
Change in Accounts Receivable	11.5	16.3	-2.6	-5.5	-7.1
Change in Inventory	19.7	25.2	9.7	-58	-3.4
Change in Accounts Payable	4.2	-12.2	-10.8	18.1	16
Operating Cash Flow	253.2	233.9	211.4	209	246.1
Operating Cash Flow Growth	8.25%	10.64%	1.15%	-15.07%	20.99%
Capital Expenditures	-31.6	-43.7	-54.2	-45.5	-42.7
Sale of Property, Plant & Equipment	2	2.5	3.5	-	0.6
Cash Acquisitions	-	-	-6.1	-	-0.1
Investment in Securities	1.6	2.2	-0.6	0.9	-1.1
Other Investing Activities	-	0.2	0.1	-	-
Investing Cash Flow	-28	-38.8	-57.3	-44.6	-43.3
Long-Term Debt Issued	-	-	32.6	-	55.4
Total Debt Issued	-	-	32.6	-	55.4
Short-Term Debt Repaid	-74.6	-55.5	-76.2	-85	-114.9
Long-Term Debt Repaid	-116.7	-127.5	-128.2	-120.9	-120.4
Total Debt Repaid	-191.3	-183	-204.4	-205.9	-235.3
Net Debt Issued (Repaid)	-191.3	-183	-171.8	-205.9	-179.9
Repurchase of Common Stock	-1.3	-0.4	-2.4	-7.4	-5.5
Other Financing Activities	-15.8	-19.2	-17.1	-9.4	-14.2
Financing Cash Flow	-208.4	-202.6	-191.3	-222.7	-199.6
Foreign Exchange Rate Adjustments	-1.6	0.5	-0.5	0.2	1.5
Miscellaneous Cash Flow Adjustments	-0.1	0.1	-	-	-
Net Cash Flow	15.1	-6.9	-37.7	-58.1	4.7
Free Cash Flow	221.6	190.2	157.2	163.5	203.4
Free Cash Flow Growth	16.51%	20.99%	-3.85%	-19.62%	39.70%
Free Cash Flow Margin	18.20%	15.70%	12.78%	13.56%	19.58%
Free Cash Flow Per Share	2.80	2.53	2.00	2.06	2.56
Cash Interest Paid	13.1	18.9	16.3	9.9	14.6
Cash Income Tax Paid	11.6	10.1	16.9	12.2	5
Levered Free Cash Flow	186.19	156.74	99.81	131.98	173.93
Unlevered Free Cash Flow	203.88	175.86	116.75	146.1	190.11
Change in Working Capital	35.4	29.3	-3.7	-45.4	5.5

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