DWS Group GmbH & Co. KGaA 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	-	649	552	594	780
Depreciation & Amortization	-	21	14	24	45
Other Amortization	-	27	25	28	40
Asset Writedown & Restructuring Costs	-	-	3	71	2
Loss (Gain) From Sale of Investments	-	-6	-2	-1	-17
Loss (Gain) on Equity Investments	-	-36	-42	-66	-84
Other Operating Activities	-	-70	-13	58	-108
Change in Other Net Operating Assets	-	553	331	-327	344
Operating Cash Flow	-	705	528	522	783
Operating Cash Flow Growth	-	33.52%	1.15%	-33.33%	104.44%
Capital Expenditures	-	-	-7	-1	-9
Sale of Property, Plant & Equipment	-	1	-	1	9
Sale (Purchase) of Intangibles	-	-30	-67	-39	-35
Investment in Securities	-	559	-534	-299	-393
Other Investing Activities	-	-	1	-1	-1
Investing Cash Flow	-	530	-609	-340	-430
Short-Term Debt Issued	-	-	-	-	1
Long-Term Debt Issued	-	2	-	-	-
Total Debt Issued	-	2	-	-	1
Short-Term Debt Repaid	-	-	-14	-53	-
Long-Term Debt Repaid	-	-21	-21	-19	-18
Total Debt Repaid	-	-21	-35	-72	-18
Net Debt Issued (Repaid)	-	-19	-35	-72	-17
Common Dividends Paid	-	-1,220	-410	-400	-362
Other Financing Activities	-	-7	-2	4	-7
Financing Cash Flow	-	-1,246	-447	-468	-386
Foreign Exchange Rate Adjustments	-	11	-1	26	28
Miscellaneous Cash Flow Adjustments	-	-	-	1	-
Net Cash Flow	-	-	-529	-259	-5
Free Cash Flow	-	705	521	521	774
Free Cash Flow Growth	-	35.32%	-	-32.69%	107.51%
Free Cash Flow Margin	-	17.03%	13.43%	13.02%	19.44%
Free Cash Flow Per Share	-	3.52	2.60	2.60	3.87
Cash Interest Paid	-	15	14	18	21
Cash Income Tax Paid	-	156	253	348	240
Levered Free Cash Flow	-	1,311	711.75	534.88	1,162
Unlevered Free Cash Flow	-	1,322	720.5	546.13	1,174
Change in Working Capital	-	120	-9	-186	125

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