Verisure Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-150.8	-255.9	-184.9	-277.95	-237.46
Depreciation & Amortization	1,079	1,078	1,069	970.9	895.37
Asset Writedown & Restructuring Costs	139.4	139.4	125.8	114.16	87.1
Stock-Based Compensation	21.1	21.1	-	-	-
Other Operating Activities	362.9	407.5	379.8	391.1	294.16
Change in Accounts Receivable	-36.9	-44.6	-62.4	-88.41	-93.37
Change in Inventory	19.5	32.9	-26.3	44.28	-86.98
Change in Accounts Payable	-34.2	-0.1	6.7	-12.53	-0.55
Change in Other Net Operating Assets	-12.6	-61.4	23.1	142.98	42.45
Operating Cash Flow	1,387	1,317	1,331	1,285	900.72
Operating Cash Flow Growth	4.36%	-1.01%	3.58%	42.61%	-
Capital Expenditures	-507.1	-504	-478.2	-465.11	-440.43
Cash Acquisitions	-204.3	-204.3	-	-	-
Sale (Purchase) of Intangibles	-493.4	-477.9	-440.6	-418.89	-400.58
Other Investing Activities	2.4	2.1	1.9	-	-
Investing Cash Flow	-1,186	-1,184	-916.9	-884.01	-841.01
Long-Term Debt Issued	-	3,490	1,181	552.31	830.27
Long-Term Debt Repaid	-	-6,194	-1,105	-494.82	-549.15
Net Debt Issued (Repaid)	-2,829	-2,704	75.8	57.49	281.12
Issuance of Common Stock	3,100	3,100	-	-	-
Repurchase of Common Stock	-16.2	-16.2	-	-	-
Other Financing Activities	-451.2	-511.1	-479.6	-479.17	-321.35
Financing Cash Flow	-196.4	-130.8	-403.8	-421.68	-40.23
Foreign Exchange Rate Adjustments	-1.1	-2.2	-1.1	-1.16	-0.12
Net Cash Flow	3.8	-0.1	8.7	-22.32	19.37
Free Cash Flow	880.3	813	852.3	819.41	460.29
Free Cash Flow Growth	4.43%	-4.61%	4.01%	78.02%	-
Free Cash Flow Margin	22.90%	21.71%	25.01%	26.52%	16.28%
Free Cash Flow Per Share	0.98	0.95	1.06	11.71	6.58
Cash Interest Paid	360.8	411.7	466.7	453.76	304.81
Cash Income Tax Paid	119.2	146.8	114.6	91.24	77.13
Levered Free Cash Flow	-	48.81	-43.77	17.91	-
Unlevered Free Cash Flow	-	290.44	251.1	300.32	-
Change in Working Capital	-64.2	-73.2	-58.9	86.31	-138.44

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