Eutelsat Communications Cash Flow Statement

Financials in millions EUR. Fiscal year is July - June.

Millions EUR. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	-445.2	-1,082	-309.9	314.9	230.8	214.1
Depreciation & Amortization	731.3	808.3	702.1	455.5	482	507.7
Other Amortization	12.2	12.7	16.3	7.3	10.1	7.7
Loss (Gain) on Equity Investments	4.3	2.4	22.8	87.3	71.5	-
Other Operating Activities	254.9	807.5	151.4	173.9	-32.9	66.8
Change in Accounts Receivable	15.8	-101.4	-63	-351.1	9.8	81.1
Change in Accounts Payable	0.3	-13.7	-18	-74.3	-1.2	-7.3
Change in Unearned Revenue	-52.4	-50.8	3.9	121.4	30.8	18.9
Operating Cash Flow	521.2	383.1	505.6	734.9	800.9	889
Operating Cash Flow Growth	50.68%	-24.23%	-31.20%	-8.24%	-9.91%	14.12%
Capital Expenditures	-504.6	-388.7	-463.2	-201	-177.2	-183.4
Divestitures	-	-	-	-	-	41.5
Investment in Securities	-9.1	-22.9	198.4	-122.1	-491.9	-48
Other Investing Activities	1.6	1.5	355.2	-9.8	86.1	6.6
Investing Cash Flow	-512	-410.1	90.4	-332.9	-583	-183.3
Long-Term Debt Issued	-	2.3	870.9	-	-	1,200
Long-Term Debt Repaid	-	-70.2	-962.9	-369.5	-102.3	-1,565
Net Debt Issued (Repaid)	-430.8	-67.9	-92	-369.5	-102.3	-365.3
Issuance of Common Stock	1,477	1.2	-	-	-	-
Repurchase of Common Stock	-0.4	-	-	-	-	-
Common Dividends Paid	-	-	-1	-80.6	-214.2	-
Dividends Paid	-	-	-1	-80.6	-214.2	-204.9
Other Financing Activities	-173.7	-222.2	-149.2	-147.9	-96.8	-99.9
Financing Cash Flow	871.9	-288.9	-242.2	-598	-413.3	-670.1
Foreign Exchange Rate Adjustments	-9.1	-5.7	1.5	-0.3	14.7	-6.5
Miscellaneous Cash Flow Adjustments	2	2	-0.1	-2	0.1	-
Net Cash Flow	874	-319.6	355.2	-198.3	-180.6	29.1
Free Cash Flow	16.6	-5.6	42.4	533.9	623.7	705.6
Free Cash Flow Growth	-	-	-92.06%	-14.40%	-11.61%	26.29%
Free Cash Flow Margin	1.35%	-0.45%	3.50%	47.19%	54.16%	57.18%
Free Cash Flow Per Share	0.03	-0.01	0.10	2.15	2.71	3.06
Cash Interest Paid	127.5	175.8	136.1	95.3	78.3	80
Cash Income Tax Paid	15.8	33.1	69.2	27.3	25.2	42.8
Levered Free Cash Flow	-13.44	-289.4	375.94	284.59	837.26	640.45
Unlevered Free Cash Flow	88.86	-191.04	446.45	321.16	871.04	678.38
Change in Working Capital	-36.3	-165.9	-77.1	-304	39.4	92.7

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