Romande Energie Holding 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	79.45	24.25	147.87	36.82	32.82
Depreciation & Amortization	91.9	88.92	82.91	75.34	74.28
Other Amortization	6.38	4.81	7.14	4.88	4.24
Loss (Gain) on Sale of Assets	4.79	1.74	-7.12	-4.59	0.59
Loss (Gain) on Sale of Investments	1.82	-	1.85	2	-
Loss (Gain) on Equity Investments	-52.1	-15.3	-76.74	-7.41	3.7
Asset Writedown	8.28	11.46	-	-	-
Change in Accounts Receivable	22.98	-3.83	-57.43	5.71	-6.74
Change in Accounts Payable	-40.06	37.07	28.03	-3.45	17.97
Change in Other Net Operating Assets	9.69	-9.17	-19.56	31.49	13.35
Other Operating Activities	20.56	6.71	29.08	25.36	4.88
Operating Cash Flow	153.69	146.67	136.03	166.15	145.08
Operating Cash Flow Growth	4.78%	7.82%	-18.13%	14.52%	4.65%
Capital Expenditures	-151.17	-152.83	-185.89	-167.71	-108.98
Sale of Property, Plant & Equipment	5.19	5.01	23.9	5.29	0.49
Cash Acquisitions	-19.88	-	-	-1.6	-13.68
Divestitures	-	2.66	6.93	7.66	-
Sale (Purchase) of Intangibles	-16.32	-10.44	-7.24	-5.82	-3.49
Investment in Securities	-10.93	-12.33	52.7	-32.59	-6.34
Investing Cash Flow	-193.1	-167.93	-109.59	-194.77	-132
Long-Term Debt Issued	1.99	156.25	1	120.22	20.37
Long-Term Debt Repaid	-6.74	-6.93	-14.39	-5.88	-7.04
Net Debt Issued (Repaid)	-4.75	149.32	-13.39	114.34	13.33
Common Dividends Paid	-36.95	-36.95	-36.95	-36.95	-36.95
Other Financing Activities	3.14	-0.42	-3.51	0.76	-0.24
Financing Cash Flow	-38.56	111.95	-53.85	78.15	-23.86
Foreign Exchange Rate Adjustments	-0.06	0.11	-0.72	-0.91	-0.57
Net Cash Flow	-78.03	90.81	-28.13	48.63	-11.35
Free Cash Flow	2.52	-6.16	-49.86	-1.56	36.1
Free Cash Flow Growth	-	-	-	-	103.86%
Free Cash Flow Margin	0.32%	-0.74%	-5.43%	-0.21%	5.90%
Free Cash Flow Per Share	0.10	-0.24	-1.94	-0.06	1.41
Cash Interest Paid	8.16	7.12	5.22	1.75	2.53
Cash Income Tax Paid	-1.78	9.19	14.04	10.7	11.09
Levered Free Cash Flow	-57.25	-35.53	-98.55	-65.3	2.11
Unlevered Free Cash Flow	-52.71	-31.66	-94.67	-63.31	3.44
Change in Working Capital	-7.4	24.07	-48.96	33.75	24.58

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