Safilo Group S.p.A. (SAFLF)

Safilo Group Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	22.3	-24.65	54.16	21.28	-72.97
Depreciation & Amortization	36.19	49.73	42.3	46.02	49.09
Other Amortization	4.27	5.5	6.09	7.2	10.29
Other Operating Activities	-0.13	-4.37	-31.04	-36.36	-31.98
Change in Accounts Receivable	-5.86	6.34	-36.22	6.89	6.35
Change in Inventory	25.72	22.65	-17.62	-25.82	36.67
Change in Accounts Payable	-9.55	-5.75	-14.84	6.27	-0.49
Change in Other Net Operating Assets	3.27	-1.73	6.33	-8.17	-0.06
Operating Cash Flow	76.22	47.71	9.16	17.3	-3.1
Operating Cash Flow Growth	59.74%	421.10%	-47.06%	-	-
Capital Expenditures	-11.57	-10.53	-12.73	-13.22	-13.44
Sale of Property, Plant & Equipment	0.09	10.51	0.2	10.19	2.84
Cash Acquisitions	-	-5.95	-	-	-111.78
Sale (Purchase) of Intangibles	-37.14	-2.69	-3.13	-6.74	-6.84
Investment in Securities	-0.25	-	-	-	-
Other Investing Activities	-	-	-0	0	-
Investing Cash Flow	-48.87	-8.65	-15.67	-9.76	-129.22
Long-Term Debt Issued	-	-	147	-	198.47
Long-Term Debt Repaid	-42.64	-39.96	-163.03	-129.87	-29.58
Net Debt Issued (Repaid)	-42.64	-39.96	-16.03	-129.87	168.89
Issuance of Common Stock	0.36	0.04	0.09	133.06	-
Repurchase of Common Stock	-11.79	-	-	-	-
Other Financing Activities	-0.76	-0.55	-0.88	-1.12	-
Financing Cash Flow	-54.83	-40.47	-16.81	2.07	168.89
Foreign Exchange Rate Adjustments	0	-1.41	2.03	3.43	-4.52
Net Cash Flow	-27.48	-2.81	-21.29	13.04	32.05
Free Cash Flow	64.65	37.19	-3.58	4.08	-16.54
Free Cash Flow Growth	73.85%	-	-	-	-
Free Cash Flow Margin	6.51%	3.63%	-0.33%	0.42%	-2.12%
Free Cash Flow Per Share	0.15	0.09	-0.01	0.01	-0.06
Cash Interest Paid	7.75	9.8	6.13	6.86	6.69
Cash Income Tax Paid	5.85	8.72	2.41	1.14	0.05
Levered Free Cash Flow	14.48	83.82	-3.89	4.89	54.57
Unlevered Free Cash Flow	20.85	91.19	1.34	13.59	62.1
Change in Net Working Capital	2.6	-21.51	62.27	40.95	-61.16

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.