Ayvens 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	-	683.6	760	1,216	873
Depreciation & Amortization	-	141.8	167.4	75.8	55.4
Other Amortization	-	8,752	6,133	3,597	3,723
Loss (Gain) From Sale of Assets	-	45	55.3	79.9	30.6
Asset Writedown & Restructuring Costs	-	1	1.6	-	-
Other Operating Activities	-	-10,061	-10,401	-5,325	-5,009
Change in Other Net Operating Assets	-	1,040	249.1	-329.9	168.8
Operating Cash Flow	-	603	-2,990	-686.6	-158.4
Capital Expenditures	-	-77.7	-76.6	-40.9	-34.6
Divestitures	-	21.2	2,358	35.4	1
Sale (Purchase) of Intangibles	-	-123.7	-200.3	-68.3	-55
Investment in Securities	-	404.9	-116.1	107.9	-40.1
Other Investing Activities	-	-2,266	-1,210	-1,018	-206
Investing Cash Flow	-	-2,041	754.5	-983.8	-334.7
Long-Term Debt Issued	-	26,787	16,041	9,375	11,230
Long-Term Debt Repaid	-	-25,614	-10,859	-8,154	-10,430
Net Debt Issued (Repaid)	-	1,173	5,182	1,221	800.2
Issuance of Common Stock	-	-	-	1,203	-
Repurchase of Common Stock	-	-	-8	-5.4	-3.2
Common Dividends Paid	-	-456.6	-606.6	-435.2	-253.9
Other Financing Activities	-	1,513	1,147	-9.9	-5.2
Financing Cash Flow	-	2,229	5,714	1,974	537.9
Foreign Exchange Rate Adjustments	-	-17.7	-13.3	-11.2	0.4
Miscellaneous Cash Flow Adjustments	-	-	-	-0.1	0.1
Net Cash Flow	-	773.7	3,465	292.1	45.3
Free Cash Flow	-	525.3	-3,067	-727.5	-193
Free Cash Flow Margin	-	2.08%	-16.40%	-6.37%	-1.84%
Free Cash Flow Per Share	-	0.63	-4.24	-1.60	-0.48
Cash Interest Paid	-	1,566	1,045	196.2	137.5
Cash Income Tax Paid	-	433	375.6	195.5	96.5
Levered Free Cash Flow	-	5,270	12,492	2,552	4,449
Unlevered Free Cash Flow	-	6,456	13,144	2,705	4,532
Change in Working Capital	-	1,040	249.1	-329.9	168.8

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