HELLENiQ ENERGY Holdings 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	173.35	59.79	477.73	889.5	337.44
Depreciation & Amortization	-	318.16	301.92	296.38	249.89
Other Amortization	-	17.95	15.08	8.48	7.04
Loss (Gain) From Sale of Assets	-	0.67	-0.52	-85.07	-2.56
Asset Writedown & Restructuring Costs	-	5.65	4.49	9.18	1.83
Loss (Gain) From Sale of Investments	-	-14.54	-	-	-
Loss (Gain) on Equity Investments	-	23.96	-4.27	-120.04	-96.66
Other Operating Activities	495.13	163.97	-53.98	647.84	380.91
Change in Accounts Receivable	-	-5.19	3.39	-70.03	-144.08
Change in Inventory	-	158.29	350.37	-443.94	-690.37
Change in Accounts Payable	-	-29.1	-129.63	-508.68	226.92
Operating Cash Flow	668.48	699.6	964.57	623.62	270.37
Operating Cash Flow Growth	-4.45%	-27.47%	54.67%	130.65%	-39.95%
Capital Expenditures	-574.25	-434.42	-291.04	-512.18	-400.44
Sale of Property, Plant & Equipment	6.01	-	5.63	279.68	9.02
Cash Acquisitions	-138.99	6.93	0.1	3.05	6.3
Divestitures	193.89	-	-	-	-
Investment in Securities	0.14	-11.51	-0.17	-	-2.4
Other Investing Activities	26.26	34.43	47.02	2.57	11.54
Investing Cash Flow	-486.94	-404.57	-238.46	-226.87	-375.99
Long-Term Debt Issued	1,183	2,810	1,519	1,103	586.62
Long-Term Debt Repaid	-745.32	-2,992	-1,850	-1,296	-511.5
Net Debt Issued (Repaid)	437.97	-182.18	-330.94	-193.48	75.12
Common Dividends Paid	-229.8	-274.75	-229.01	-244.98	-30.32
Other Financing Activities	-137.61	-139.54	-141.65	-113.07	-106.15
Financing Cash Flow	70.56	-596.47	-701.6	-551.53	-61.35
Foreign Exchange Rate Adjustments	-11.91	0.04	-5.23	2.34	16.68
Net Cash Flow	240.2	-301.4	19.28	-152.44	-150.28
Free Cash Flow	94.23	265.17	673.53	111.44	-130.07
Free Cash Flow Growth	-64.46%	-60.63%	504.37%	-	-
Free Cash Flow Margin	0.81%	2.08%	5.26%	0.77%	-1.41%
Free Cash Flow Per Share	0.31	0.87	2.20	0.36	-0.43
Cash Interest Paid	134.74	136.8	137.95	110.83	104.51
Cash Income Tax Paid	241.82	309.84	350.78	6.5	-8.03
Levered Free Cash Flow	-396.22	125.62	347.21	429.19	-435.77
Unlevered Free Cash Flow	-309.78	197.68	422.95	490.08	-381.99
Change in Working Capital	-	124	224.13	-1,023	-607.53

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