MSE:MIA 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	49.82	46.34	40.3	38.87	6.97
Depreciation & Amortization	17.31	14.79	12.57	11.41	11.27
Loss (Gain) From Sale of Assets	-0.01	0.6	-	-0.02	-0.02
Provision & Write-off of Bad Debts	-0.29	0.21	0.03	0.12	0.21
Other Operating Activities	-17.64	1.79	15.55	-0.32	3.78
Change in Accounts Receivable	-4.66	1.54	-5.16	-5.97	-9.7
Change in Inventory	-0.29	-0.28	-0.12	-0.28	-0.05
Change in Accounts Payable	3.99	8.6	2.2	5.97	-1.67
Operating Cash Flow	48.23	73.59	65.37	49.77	10.79
Operating Cash Flow Growth	-34.46%	12.57%	31.34%	361.13%	-23.47%
Capital Expenditures	-54.26	-46.98	-37.75	-12.18	-8.36
Sale of Property, Plant & Equipment	0.01	-	-	0.02	0.04
Sale (Purchase) of Real Estate	-15.64	-15.48	-0.22	-1.64	-0.84
Investment in Securities	45	6.7	-7.41	-33.79	-5.5
Other Investing Activities	1.53	1.77	0.56	0.01	0.03
Investing Cash Flow	-23.35	-53.99	-44.82	-47.57	-14.63
Repurchase of Common Stock	-0.35	-	-	-	-
Common Dividends Paid	-24.35	-24.35	-20.3	-	-
Financing Cash Flow	-24.71	-24.35	-20.3	-	-
Net Cash Flow	0.17	-4.76	0.25	2.21	-3.83
Free Cash Flow	-6.03	26.61	27.62	37.59	2.44
Free Cash Flow Growth	-	-3.68%	-26.52%	1442.05%	-
Free Cash Flow Margin	-3.84%	18.62%	22.97%	42.71%	5.14%
Free Cash Flow Per Share	-0.04	0.20	0.20	0.28	0.02
Cash Interest Paid	1.82	1.81	1.81	1.73	1.79
Cash Income Tax Paid	44.4	22.15	4.42	2.93	0.43
Levered Free Cash Flow	-15.57	26.99	31.23	22.15	1.11
Unlevered Free Cash Flow	-14.26	28.34	32.59	23.45	2.36
Change in Working Capital	-0.97	9.86	-3.08	-0.28	-11.42

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