Orell Füssli 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	18.98	14.1	12.04	8.49	9.39
Depreciation & Amortization	9.69	11.12	10.23	9.74	9.1
Other Amortization	2.04	1.41	1.06	0.78	0.74
Asset Writedown & Restructuring Costs	0.35	0.04	0.43	0.42	0.18
Loss (Gain) on Equity Investments	-	0.2	0.72	-	0.38
Stock-Based Compensation	-	-	0.01	0.02	0.02
Other Operating Activities	3.49	4.34	2.39	2.89	3.06
Change in Accounts Receivable	-0.93	-4.34	-2.18	6.15	2.53
Change in Inventory	-5.39	2.8	-1.24	-6.81	4.84
Change in Accounts Payable	9.31	0.18	-2.01	2.31	-6.15
Change in Unearned Revenue	-	-	-	-	-1.27
Change in Other Net Operating Assets	9.8	-1.59	4.64	-4.45	3.57
Operating Cash Flow	47.34	28.24	26.1	19.54	26.37
Operating Cash Flow Growth	67.62%	8.21%	33.56%	-25.90%	122.48%
Capital Expenditures	-14.12	-9.91	-11.91	-8.55	-14.55
Sale of Property, Plant & Equipment	0.05	0.02	0.18	1.92	0.77
Cash Acquisitions	-4.26	-0.67	-1.01	-	-
Sale (Purchase) of Intangibles	-2.22	-1.95	-1.78	-1.3	-0.9
Investment in Securities	-0.03	-0.03	2.14	-11.39	-10.45
Investing Cash Flow	-20.58	-12.53	-12.38	-19.32	-25.13
Long-Term Debt Issued	-	-	-	-	4.33
Long-Term Debt Repaid	-0.14	-0.08	-1.83	-2.29	-0.34
Net Debt Issued (Repaid)	-0.14	-0.08	-1.83	-2.29	3.99
Common Dividends Paid	-8.62	-7.64	-6.66	-6.66	-5.88
Other Financing Activities	-1.67	-3.44	-5.61	-3.87	-
Financing Cash Flow	-10.43	-11.16	-14.1	-12.82	-1.89
Foreign Exchange Rate Adjustments	-0.74	0.36	-0.47	-0.56	-0.64
Net Cash Flow	15.59	4.91	-0.85	-13.17	-1.29
Free Cash Flow	33.22	18.34	14.19	11	11.82
Free Cash Flow Growth	81.14%	29.26%	29.03%	-6.95%	-
Free Cash Flow Margin	12.18%	7.26%	6.11%	5.06%	5.62%
Free Cash Flow Per Share	16.95	9.36	7.24	5.61	6.03
Levered Free Cash Flow	27.77	12	10.22	4.15	9.96
Unlevered Free Cash Flow	27.8	12.07	10.26	4.26	10.16
Change in Working Capital	12.79	-2.95	-0.78	-2.79	3.52

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