Hellenic Exchanges - Athens Stock Exchange S.A. (HEHSF)

HEHSF Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	18.71	17.34	13	8.21	8.21	3.87
Depreciation & Amortization	0.78	1.44	1.28	1.22	2.32	2.17
Other Amortization	3.52	2.77	2.54	2.54	2.18	2.04
Asset Writedown & Restructuring Costs	-0.33	-0.33	-0.17	-0.07	-0.47	-0.68
Loss (Gain) on Equity Investments	-0.61	-0.61	-0.43	-0.7	-0.24	-0.01
Other Operating Activities	-1.7	-0.93	1.72	-1.27	0.71	-3.02
Change in Accounts Receivable	-2.12	-0.98	-5.03	-0.05	1.2	-0.44
Change in Other Net Operating Assets	5.8	2.35	5.32	-1.24	1.34	3.34
Operating Cash Flow	24.05	21.05	18.24	8.64	15.24	7.26
Operating Cash Flow Growth	27.77%	15.42%	111.01%	-43.28%	109.83%	-40.65%
Capital Expenditures	-1.81	-1.65	-1.92	-0.74	-2.47	-0.77
Sale (Purchase) of Intangibles	-4.12	-4.12	-2.56	-3.32	-	-2.35
Investment in Securities	3.09	2.45	-3.09	-	0.34	-
Other Investing Activities	2.18	2.08	1.21	0.76	0.09	0.12
Investing Cash Flow	-0.66	-1.23	-6.36	-3.3	-2.03	-3
Long-Term Debt Repaid	-	-0.14	-0.11	-0.07	-0.04	-0.04
Net Debt Issued (Repaid)	-0.14	-0.14	-0.11	-0.07	-0.04	-0.04
Repurchase of Common Stock	-	-	-	-7.48	-5.08	-5.43
Common Dividends Paid	-14.48	-14.48	-9.05	-9.05	-4.22	-4.22
Financing Cash Flow	-14.63	-14.63	-9.16	-16.6	-9.35	-9.69
Net Cash Flow	8.76	5.19	2.72	-11.25	3.86	-5.43
Free Cash Flow	22.24	19.4	16.32	7.9	12.77	6.5
Free Cash Flow Growth	30.88%	18.89%	106.54%	-38.15%	96.58%	-28.67%
Free Cash Flow Margin	40.99%	37.28%	36.13%	21.67%	36.72%	22.02%
Free Cash Flow Per Share	0.38	0.34	0.28	0.13	0.21	0.11
Cash Interest Paid	0.03	0.04	0.04	0.05	0.11	0.13
Cash Income Tax Paid	5.19	4.07	1.37	2.56	0.26	3.97
Levered Free Cash Flow	11.09	8.84	11.46	4.03	9.71	3.59
Unlevered Free Cash Flow	11.12	8.87	11.49	4.07	9.78	3.67
Change in Net Working Capital	0.49	1.74	-2.65	1.08	-2.39	-

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