Siemens Healthineers AG Cash Flow Statement

Financials in millions EUR. Fiscal year is October - September.

Millions EUR. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	2,119	2,144	1,942	1,509	2,038	1,727
Depreciation & Amortization	1,115	1,122	1,135	1,313	1,220	913
Other Amortization	110	110	88	-	123	126
Loss (Gain) From Sale of Assets	-27	-30	-34	81	21	-2
Asset Writedown & Restructuring Costs	64	64	-	244	-	-
Other Operating Activities	213	390	36	-426	-67	-185
Change in Accounts Receivable	-495	-417	-443	-769	-478	-720
Change in Inventory	-90	-76	39	-453	-481	-22
Change in Accounts Payable	56	229	-62	-20	247	318
Change in Unearned Revenue	188	164	88	141	544	325
Change in Other Net Operating Assets	-209	-168	37	499	-663	453
Operating Cash Flow	3,044	3,532	2,826	2,119	2,504	2,933
Operating Cash Flow Growth	-11.41%	24.98%	33.37%	-15.38%	-14.63%	52.13%
Capital Expenditures	-809	-818	-696	-838	-852	-674
Cash Acquisitions	-54	-216	-46	-235	-29	-13,467
Divestitures	3	3	-	-	-2	-
Investment in Securities	126	126	76	5	15	-
Other Investing Activities	-1	-1	-	-1	-	1
Investing Cash Flow	-735	-906	-666	-1,069	-868	-14,140
Short-Term Debt Issued	-	3	52	1,294	-	-
Long-Term Debt Issued	-	61	-	-	-	-
Total Debt Issued	52	64	52	1,294	-	-
Short-Term Debt Repaid	-	-1,068	-47	-42	-20	-17
Long-Term Debt Repaid	-	-193	-216	-190	-149	-138
Total Debt Repaid	-1,009	-1,261	-263	-232	-169	-155
Net Debt Issued (Repaid)	-957	-1,197	-211	1,062	-169	-155
Issuance of Common Stock	-	-	-	-	-	2,309
Repurchase of Common Stock	-343	-301	-	-421	-309	-255
Common Dividends Paid	-1,066	-1,066	-1,063	-1,066	-955	-856
Other Financing Activities	-459	-474	-383	-305	-211	10,796
Financing Cash Flow	-2,825	-3,038	-1,657	-730	-1,644	11,839
Foreign Exchange Rate Adjustments	-116	-97	-66	-191	122	34
Miscellaneous Cash Flow Adjustments	1	1	-1	1	-	-
Net Cash Flow	-631	-508	436	130	114	666
Free Cash Flow	2,235	2,714	2,130	1,281	1,652	2,259
Free Cash Flow Growth	-17.28%	27.42%	66.28%	-22.46%	-26.87%	64.77%
Free Cash Flow Margin	9.59%	11.61%	9.53%	5.91%	7.61%	12.55%
Free Cash Flow Per Share	1.99	2.41	1.90	1.14	1.47	2.05
Cash Interest Paid	430	449	357	310	248	150
Cash Income Tax Paid	765	577	845	899	877	808
Levered Free Cash Flow	2,112	2,488	2,031	1,664	1,088	5,042
Unlevered Free Cash Flow	2,370	2,754	2,329	1,849	1,162	5,094
Change in Working Capital	-550	-268	-341	-602	-831	354

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.