MURGY Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	5,685	4,606	5,313	2,933	1,211	Upgrade
Depreciation & Amortization	74	61	2,718	352	374	Upgrade
Other Amortization	174	139	134	154	138	Upgrade
Gain (Loss) on Sale of Assets	24	13	-7	-	-	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-2,716	-3,838	Upgrade
Change in Accounts Receivable	1,653	101	-8,976	-	-	Upgrade
Reinsurance Recoverable	268	-92	-225	-	-	Upgrade
Change in Insurance Reserves / Liabilities	-	-	-	10,652	5,264	Upgrade
Change in Other Net Operating Assets	-1,018	-2,020	-7,021	-3,481	1,621	Upgrade
Other Operating Activities	66	310	673	-1,179	2,515	Upgrade
Operating Cash Flow	3,143	2,543	3,972	5,226	7,219	Upgrade
Operating Cash Flow Growth	23.59%	-35.98%	-24.00%	-27.61%	-23.95%	Upgrade
Capital Expenditures	-167	-148	-140	-	-	Upgrade
Sale of Property, Plant & Equipment	13	36	46	-	-	Upgrade
Purchase / Sale of Intangible Assets	-60	-194	-204	-	-	Upgrade
Cash Acquisitions	-340	-48	14	-133	-2	Upgrade
Investment in Securities	-	-	-	-3,670	-6,089	Upgrade
Other Investing Activities	2	6	-9	5	-46	Upgrade
Investing Cash Flow	-505	-329	-270	-3,818	-6,135	Upgrade
Long-Term Debt Issued	1,487	-	-	-	-	Upgrade
Total Debt Repaid	-141	-134	-457	-	-	Upgrade
Net Debt Issued (Repaid)	1,346	-134	-457	-	-	Upgrade
Repurchases of Common Stock	-1,437	-1,041	-605	-	-359	Upgrade
Common Dividends Paid	-2,006	-1,583	-1,541	-1,373	-1,373	Upgrade
Other Financing Activities	-131	-225	-99	-308	1,409	Upgrade
Financing Cash Flow	-2,228	-2,983	-2,702	-1,681	-323	Upgrade
Foreign Exchange Rate Adjustments	122	-47	35	146	-134	Upgrade
Miscellaneous Cash Flow Adjustments	-	-1	-	-	-	Upgrade
Net Cash Flow	532	-817	1,035	-127	627	Upgrade
Free Cash Flow	2,976	2,395	3,832	5,226	7,219	Upgrade
Free Cash Flow Growth	24.26%	-37.50%	-26.67%	-27.61%	-23.95%	Upgrade
Free Cash Flow Margin	4.87%	4.14%	6.80%	8.23%	12.25%	Upgrade
Free Cash Flow Per Share	22.39	17.61	27.50	37.30	51.46	Upgrade
Cash Interest Paid	286	366	325	392	385	Upgrade
Cash Income Tax Paid	864	-51	604	1,094	263	Upgrade
Levered Free Cash Flow	6,439	4,911	-37,238	12,671	132.5	Upgrade
Unlevered Free Cash Flow	6,569	5,016	-37,058	12,891	351.25	Upgrade
Change in Working Capital	-5,739	-5,297	-9,861	5,682	6,819	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.