TLV:NWMD Cash Flow Statement

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

Millions USD. 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	343	524.6	433.6	469.7	404.9
Depreciation & Amortization	174.9	85.2	84.3	137.6	133.1
Asset Writedown & Restructuring Costs	-30.2	-67.6	-8.1	-66.4	-43
Loss (Gain) From Sale of Investments	-0.4	-2.6	-0.1	-0.2	-
Loss (Gain) on Equity Investments	3.6	-2.9	1.3	3.1	4.5
Stock-Based Compensation	0.4	0.5	1	1	-
Other Operating Activities	-4.7	57.8	74.1	25.2	165.7
Change in Accounts Receivable	11.4	-16.8	1.4	-51.1	-8
Change in Accounts Payable	-2.9	6.8	-29.7	-5.2	-
Change in Other Net Operating Assets	10.3	-7.5	1.7	-4.7	-58.9
Operating Cash Flow	505.4	577.5	559.5	504.7	453.7
Operating Cash Flow Growth	-12.48%	3.22%	10.86%	11.24%	38.03%
Capital Expenditures	-223.9	-114.2	-136.4	-98.9	-30.4
Sale of Property, Plant & Equipment	-	-	-	14.9	954.9
Investment in Securities	282.6	-72.1	137	-174.9	79.2
Other Investing Activities	-30.8	24.7	22.2	-27	-36
Investing Cash Flow	27.9	-114.2	36.1	-273.4	982
Short-Term Debt Issued	100	-	80	-	-
Long-Term Debt Issued	275	-	-	-	-
Total Debt Issued	375	-	80	-	-
Short-Term Debt Repaid	-100	-80	-	-	-
Long-Term Debt Repaid	-511.5	-113.8	-425.4	-74.6	-1,035
Total Debt Repaid	-611.5	-193.8	-425.4	-74.6	-1,035
Net Debt Issued (Repaid)	-236.5	-193.8	-345.4	-74.6	-1,035
Repurchase of Common Stock	-	-	-	-170.2	-16.8
Common Dividends Paid	-240.3	-250.3	-260.6	-199.4	-236.6
Other Financing Activities	-	2.9	17.1	15.1	3.2
Financing Cash Flow	-476.8	-441.2	-588.9	-429.1	-1,286
Net Cash Flow	56.5	22.1	6.7	-197.8	150.2
Free Cash Flow	281.5	463.3	423.1	405.8	423.3
Free Cash Flow Growth	-39.24%	9.50%	4.26%	-4.13%	158.74%
Free Cash Flow Margin	32.48%	47.61%	45.27%	41.75%	56.16%
Free Cash Flow Per Share	0.24	-	0.36	0.35	0.36
Cash Interest Paid	-	108.1	124.9	143.3	193.5
Cash Income Tax Paid	-	91.4	36	66.5	-3.2
Levered Free Cash Flow	340.35	361.46	243.88	37.69	437.34
Unlevered Free Cash Flow	397.1	428.15	319.94	124.69	566.72
Change in Working Capital	18.8	-17.5	-26.6	-61	-66.9

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