Bellevue Group AG Cash Flow Statement

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	3.47	1.89	9.16	15.22	25.3	43.06
Depreciation & Amortization, Total	3.47	3.65	4.23	3.66	3.62	3.75
Change in Accounts Receivable	-2.68	-4.13	3.61	8.65	9.89	-0.76
Change in Accounts Payable	3.87	-2.5	-2.24	-13.41	-	20.78
Change in Other Net Operating Assets	-4.14	15.5	-2.75	-7.06	-7.62	0.98
Other Operating Activities	2.9	4.86	-3.09	1.82	-3.02	-0.97
Operating Cash Flow	7.5	19.27	9.4	8.89	28.17	69.73
Capital Expenditures	-0.18	-0.39	-4.27	-0.07	-0.97	-0.12
Investing Cash Flow	-0.09	-0.27	-4.81	-0.07	-0.97	-0.12
Long-Term Debt Repaid	-	-2.72	-2.21	-2.02	-1.64	-1.74
Net Debt Issued (Repaid)	-2.64	-2.72	-2.21	-2.02	-1.64	-1.74
Issuance of Common Stock	0.49	0.49	0.3	-	1.58	0.92
Repurchase of Common Stock	-1.28	-0.08	-	-5.67	-10.07	-13.95
Common Dividends Paid	-2	-9.3	-15.14	-26.37	-35.81	-19.86
Financing Cash Flow	-5.43	-11.61	-17.04	-34.06	-45.95	-67.74
Foreign Exchange Rate Adjustments	-0.13	-0.43	0.46	-0.61	-0.93	-0.06
Net Cash Flow	1.86	6.97	-11.99	-25.85	-19.68	1.82
Free Cash Flow	7.32	18.89	5.14	8.82	27.2	69.61
Free Cash Flow Growth	-61.24%	267.79%	-41.76%	-67.58%	-60.93%	-53.02%
Free Cash Flow Margin	13.61%	35.76%	7.28%	10.76%	28.48%	49.47%
Free Cash Flow Per Share	0.55	1.42	0.39	0.67	2.05	5.23
Cash Interest Paid	-	-	-	-	0.01	0
Cash Income Tax Paid	2.83	4.04	5.2	5.53	11.26	8.72