Bilfinger SE 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	176	179.5	181.5	28.2	129.5
Depreciation & Amortization	136.4	120.8	100.2	97.7	98.2
Loss (Gain) From Sale of Assets	-11.3	-4.9	-12.7	-14.1	-41.2
Asset Writedown & Restructuring Costs	1	3.2	-0.5	1	1.3
Loss (Gain) on Equity Investments	-10.5	-7.1	-5	-5.2	-3.2
Other Operating Activities	73.7	44.7	-4.5	54.1	16.2
Change in Accounts Receivable	45.3	-26.6	-88.4	-162.2	-74.7
Change in Accounts Payable	90.5	-21.1	13.1	83.9	34
Change in Unearned Revenue	-46.9	49.5	20.1	62.6	12.8
Change in Other Net Operating Assets	-64.4	-90.4	-52.4	19.5	-60.4
Operating Cash Flow	386.4	241.1	144.8	158	115
Operating Cash Flow Growth	60.27%	66.51%	-8.35%	37.39%	0.88%
Capital Expenditures	-72.1	-63.2	-58.6	-51.7	-61.3
Sale of Property, Plant & Equipment	12.3	4.4	29	22.1	63.5
Cash Acquisitions	-35.4	-13.5	-12.5	-0.1	-2.4
Divestitures	0.6	-0.8	-0.6	7.5	5
Investment in Securities	-	184.7	-175	175.6	278.3
Other Investing Activities	-0.1	-	0.1	2.7	-
Investing Cash Flow	-94.7	111.6	-217.6	156.1	283.1
Long-Term Debt Issued	-	-	175	-	-
Long-Term Debt Repaid	-67.4	-320.1	-52.8	-61.2	-158.5
Net Debt Issued (Repaid)	-67.4	-320.1	122.2	-61.2	-158.5
Repurchase of Common Stock	-50	-	-	-100	-
Common Dividends Paid	-89.3	-67.5	-48.6	-40.8	-76.5
Other Financing Activities	-29.7	-40.1	-32.9	-27.9	-31.6
Financing Cash Flow	-236.4	-427.7	40.7	-382.8	-266.6
Foreign Exchange Rate Adjustments	-1.1	1.7	-3	-0.8	0.8
Miscellaneous Cash Flow Adjustments	-	-	0.1	-	-
Net Cash Flow	54.2	-73.3	-35	-69.5	132.3
Free Cash Flow	314.3	177.9	86.2	106.3	53.7
Free Cash Flow Growth	76.67%	106.38%	-18.91%	97.95%	-30.62%
Free Cash Flow Margin	5.79%	3.53%	1.92%	2.46%	1.44%
Free Cash Flow Per Share	8.40	4.72	2.29	2.67	1.31
Cash Interest Paid	22.1	33.9	29.7	25.2	27.6
Cash Income Tax Paid	57.9	37.1	32.2	2.1	-7.2
Levered Free Cash Flow	251.69	121.68	19.46	129.76	-19.1
Unlevered Free Cash Flow	281.44	150	48.71	148.01	0.59
Change in Working Capital	24.5	-88.6	-107.6	3.8	-88.3

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