Mapfre 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	1,133	967.5	677.2	563.6	765.2
Depreciation & Amortization	208.8	159.1	161	183.3	147
Other Amortization	183.7	200.3	187.2	177.7	158.2
Other Operating Activities	115.7	172.1	591.3	-347.9	-1,556
Operating Cash Flow	1,641	1,499	1,617	576.7	-485.9
Operating Cash Flow Growth	9.46%	-7.28%	180.34%	-	-
Capital Expenditures	-65	-60.1	-67.3	-66.8	-36.1
Sale of Property, Plant & Equipment	2.8	2.4	13.7	2.6	6.7
Purchase / Sale of Intangible Assets	-152	-227.3	-150.6	-162.7	158.1
Cash Acquisitions	-20.5	-81.3	-173.9	-47.4	-125
Investment in Securities	-1,146	-1,444	-1,185	-1,110	11.2
Other Investing Activities	1,035	946.9	738.4	766.7	1,022
Investing Cash Flow	-405.2	-746.9	-673.6	-198.5	1,315
Long-Term Debt Issued	-	-	-	500	-
Total Debt Repaid	-	-	-	-	-0.4
Net Debt Issued (Repaid)	-	-	-	500	-0.4
Issuance of Common Stock	7.4	9.7	8.9	17.8	0.3
Repurchases of Common Stock	-40.4	-	-	-	-
Common Dividends Paid	-512.8	-477.3	-446.5	-876.4	-614.3
Other Financing Activities	-388.2	-620.1	-843.5	-365.6	245
Financing Cash Flow	-934	-1,088	-1,281	-724.2	-369.4
Foreign Exchange Rate Adjustments	-100.9	-3.7	-150.6	33	9.2
Net Cash Flow	200.7	-339.3	-488.6	-313	468.7
Free Cash Flow	1,576	1,439	1,549	509.9	-522
Free Cash Flow Growth	9.51%	-7.13%	203.86%	-	-
Free Cash Flow Margin	5.25%	4.92%	5.35%	1.93%	-2.63%
Free Cash Flow Per Share	0.51	0.47	0.51	0.17	-0.17
Cash Interest Paid	89.8	91.5	96.8	79.9	73.5
Cash Income Tax Paid	569.8	330.2	395.4	376.9	349.2
Levered Free Cash Flow	830	1,444	61.88	1,825	1,304
Unlevered Free Cash Flow	979.56	1,543	158.38	1,918	1,356

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