Zehnder Group AG Cash Flow Statement

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

Millions EUR. 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	46.3	1.7	43.2	55.4	59.7
Depreciation & Amortization	23.8	25.3	24	23.9	22.6
Loss (Gain) From Sale of Assets	-0.3	5.5	0.1	-0.1	-
Asset Writedown & Restructuring Costs	0.1	15.7	0.6	-	0.3
Other Operating Activities	4	0.4	3.7	10.2	12.7
Change in Accounts Receivable	-7.2	-1.9	21.5	-11	-2.3
Change in Inventory	-4.1	9.8	8.1	-18.1	-12.2
Change in Accounts Payable	8.5	-2.9	-8.7	5.6	1
Change in Other Net Operating Assets	9.6	2.6	-5.7	-8.9	0.8
Operating Cash Flow	80	60.6	87.8	59.3	79.9
Operating Cash Flow Growth	32.01%	-30.98%	48.06%	-25.78%	-16.16%
Capital Expenditures	-17.1	-17.1	-22.8	-26.3	-21.9
Sale of Property, Plant & Equipment	0.8	1.9	0.4	0.7	0.5
Cash Acquisitions	-	-99.6	-0.1	-63.9	-15.6
Divestitures	-	-3	-	-	-
Sale (Purchase) of Intangibles	-0.1	-0.1	-0.5	-0.8	0.1
Investment in Securities	-	-	-	-	0.1
Other Investing Activities	0.2	0.2	0.2	-	-
Investing Cash Flow	-16.2	-117.7	-22.8	-90.3	-36.8
Long-Term Debt Issued	-	59.7	-	-	-
Total Debt Issued	-	59.7	-	-	-
Short-Term Debt Repaid	-0.8	-2.7	-3.2	-3.3	-1.5
Long-Term Debt Repaid	-60.6	-	-	-6.3	-2
Total Debt Repaid	-61.4	-2.7	-3.2	-9.6	-3.5
Net Debt Issued (Repaid)	-61.4	57	-3.2	-9.6	-3.5
Issuance of Common Stock	1.8	2.1	2.7	1.8	3.1
Repurchase of Common Stock	-3.9	-4.3	-20.8	-22.1	-5.6
Common Dividends Paid	-11.8	-15.4	-20.6	-20.2	-13.3
Other Financing Activities	-1.5	-1.1	-	-1.8	-0.2
Financing Cash Flow	-76.8	38.3	-41.9	-51.9	-19.5
Foreign Exchange Rate Adjustments	-3.8	-1.7	-1	1.7	6.4
Miscellaneous Cash Flow Adjustments	0.1	-	-	-0.1	0.1
Net Cash Flow	-16.7	-20.5	22.1	-81.3	30.1
Free Cash Flow	62.9	43.5	65	33	58
Free Cash Flow Growth	44.60%	-33.08%	96.97%	-43.10%	-26.49%
Free Cash Flow Margin	8.24%	6.14%	8.50%	4.05%	8.30%
Free Cash Flow Per Share	5.66	3.91	5.83	2.91	5.00
Levered Free Cash Flow	53.76	35.86	56.89	11.85	43.36
Unlevered Free Cash Flow	54.7	37.3	57.58	12.6	44.04
Change in Working Capital	6.1	12	16.2	-30.1	-15.4

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