Amplifon Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	145.37	155.14	178.53	157.79
Depreciation & Amortization	253.13	267.13	239.71	217.81
Other Amortization	48.23	-	-	-
Asset Writedown & Restructuring Costs	2.92	0.51	0.33	9.6
Loss (Gain) on Equity Investments	-0.22	-0.55	-0.31	-0.12
Other Operating Activities	4.93	11.03	36.75	9.19
Change in Accounts Receivable	3.13	-49.12	-22.51	3.02
Change in Inventory	-2.47	-11.36	-16.21	0.18
Change in Accounts Payable	6.68	24.15	80.24	53.09
Change in Other Net Operating Assets	-10.55	16.62	-37.9	11.82
Operating Cash Flow	451.16	413.54	458.62	462.37
Operating Cash Flow Growth	9.10%	-9.83%	-0.81%	18.11%
Capital Expenditures	-84.97	-75.34	-56.85	-51.77
Sale of Property, Plant & Equipment	1.39	1.8	9.34	2.37
Cash Acquisitions	-190.07	-121.62	-87.49	-427.74
Sale (Purchase) of Intangibles	-61.45	-66.31	-58.79	-61.63
Investment in Securities	-	-	-	5.17
Investing Cash Flow	-335.1	-261.48	-193.78	-533.61
Long-Term Debt Issued	198.58	-	-	7.89
Long-Term Debt Repaid	-128.96	-116.2	-235.63	-95.22
Net Debt Issued (Repaid)	69.62	-116.2	-235.63	-87.33
Issuance of Common Stock	-	-	-	0.46
Repurchase of Common Stock	-25.4	-	-53.09	-31.09
Common Dividends Paid	-65.59	-65.36	-58.24	-49.36
Other Financing Activities	2.53	46.51	-6.84	-41.33
Financing Cash Flow	-18.85	-135.06	-353.8	-208.64
Foreign Exchange Rate Adjustments	-1.52	-3.51	0.07	3.4
Miscellaneous Cash Flow Adjustments	-	-	-	-0
Net Cash Flow	95.69	13.49	-88.89	-276.48
Free Cash Flow	366.19	338.2	401.78	410.6
Free Cash Flow Growth	8.28%	-15.82%	-2.15%	13.63%
Free Cash Flow Margin	15.20%	14.96%	18.96%	21.08%
Free Cash Flow Per Share	1.62	1.50	1.77	1.81
Cash Income Tax Paid	68.93	77.68	44.86	65.58
Levered Free Cash Flow	309.81	320.97	338.38	313.54
Unlevered Free Cash Flow	345.91	348.86	357.56	330.84
Change in Working Capital	-3.2	-19.71	3.62	68.11

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