Enlight Renewable Energy Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	123	44.21	70.92	24.75	11.22	-43.87
Depreciation & Amortization	141.07	108.89	65.8	42.27	20.5	15.87
Other Amortization	-	-	-	-	-	0.82
Loss (Gain) From Sale of Investments	-	-	-	-	-	0.66
Loss (Gain) on Equity Investments	5.52	3.35	0.33	0.31	0.19	-0.03
Stock-Based Compensation	7.38	8.36	4.97	8.67	3.98	2.25
Other Operating Activities	16.6	24.86	-8.17	36.14	28.61	58.56
Change in Accounts Receivable	-27.66	-9.89	-2.84	-23.36	-6.94	4.8
Change in Accounts Payable	-3.73	0.75	15.47	0.78	1.18	-0.27
Change in Other Net Operating Assets	31.64	12.56	3.14	0.81	-6.71	0.02
Operating Cash Flow	197.99	193.07	149.62	90.38	52.02	38.81
Operating Cash Flow Growth	9.11%	29.04%	65.55%	73.72%	34.04%	32.65%
Capital Expenditures	-1,384	-899.26	-730.98	-656.14	-492.76	-341.93
Cash Acquisitions	17.03	-30.91	-12.7	-60.95	-157.68	-28.74
Investment in Securities	-7.77	-14.72	26.92	-12.71	-23.72	-52.53
Other Investing Activities	-147.69	3.52	-81.31	-90.2	36.02	-69.25
Investing Cash Flow	-1,523	-941.37	-798.07	-820	-644.64	-492.45
Long-Term Debt Issued	-	1,118	707.24	606.92	867.31	421.91
Long-Term Debt Repaid	-	-734.41	-224.57	-132.33	-335.24	-109.77
Total Debt Repaid	-905.34	-734.41	-224.57	-132.33	-335.24	-109.77
Net Debt Issued (Repaid)	1,110	383.13	482.67	474.59	532.08	312.14
Issuance of Common Stock	290.74	0.02	266.46	206.63	175.1	105.97
Repurchase of Common Stock	-	-	-	-1.75	-	-
Other Financing Activities	411.38	362.84	106.17	5.27	45.13	-74.58
Financing Cash Flow	1,812	745.99	855.31	684.74	752.31	343.53
Foreign Exchange Rate Adjustments	20.41	-8.32	3.08	-27.18	6.9	11.77
Miscellaneous Cash Flow Adjustments	-5.75	-5.75	-	-	-	-
Net Cash Flow	501.66	-16.38	209.94	-72.06	166.6	-98.35
Free Cash Flow	-1,186	-706.19	-581.36	-565.77	-440.73	-303.12
Free Cash Flow Margin	-259.08%	-186.85%	-227.36%	-294.41%	-430.15%	-431.03%
Free Cash Flow Per Share	-9.28	-5.73	-4.69	-5.66	-4.49	-3.87
Cash Interest Paid	99.46	74.89	54.47	33.12	24.38	41.02
Cash Income Tax Paid	15.26	11.25	12.24	3.7	3.5	0.86
Levered Free Cash Flow	-1,037	-702.67	-662.42	-592.41	-400.98	-353.29
Unlevered Free Cash Flow	-945.63	-643.31	-625.33	-557.55	-381.73	-335.15
Change in Working Capital	0.25	3.41	15.77	-21.76	-12.48	4.55

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.