Intershop Holding AG Cash Flow Statement

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	212.79	117.47	82.5	145.47	144.24
Depreciation & Amortization	0.23	0.1	0.13	0.13	0.14
Gain (Loss) on Sale of Assets	-29.61	-23.57	-31.63	-133.17	-106.08
Asset Writedown	-188.49	-59.74	-12	1.6	-32.27
Change in Accounts Receivable	3.91	-4.36	1.04	-0.27	0.07
Change in Accounts Payable	-0.44	-	-	-	-
Change in Other Net Operating Assets	1.4	-1.74	0.33	-4.28	-1.07
Other Operating Activities	47.94	2.56	40.79	-4.6	28.32
Operating Cash Flow	47.74	30.73	81.17	4.89	33.35
Operating Cash Flow Growth	55.37%	-62.14%	1561.56%	-85.35%	-26.93%
Acquisition of Real Estate Assets	-94.2	-194.11	-65.83	-63.83	-66.52
Sale of Real Estate Assets	155.41	76.59	55.62	197.51	116.99
Net Sale / Acq. of Real Estate Assets	61.2	-117.52	-10.2	133.68	50.47
Investment in Marketable & Equity Securities	-	-	0.01	-	-0.25
Investing Cash Flow	61.2	-117.52	-10.19	133.68	50.22
Long-Term Debt Issued	198.73	188.56	86.4	-	119.82
Long-Term Debt Repaid	-230.88	-47.9	-100	-34	-156
Net Debt Issued (Repaid)	-32.15	140.66	-13.6	-34	-36.18
Repurchase of Common Stock	-0.09	-	-0.63	-36.15	-1.65
Common Dividends Paid	-50.7	-50.7	-92.18	-47.39	-47.5
Miscellaneous Cash Flow Adjustments	0	-	-	-	-
Net Cash Flow	26.01	3.18	-35.43	21.03	-1.77
Cash Interest Paid	5.57	9.55	7.02	6.13	7.89
Cash Income Tax Paid	13.01	1.38	19.56	43.53	32.25
Levered Free Cash Flow	59.08	40.65	89.54	94.73	88.03
Unlevered Free Cash Flow	63.58	46.91	93.4	98.54	93
Change in Working Capital	4.87	-6.09	1.37	-4.55	-0.99

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