Proximus Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	473	447	357	450	443	564
Depreciation & Amortization	922	844	803	817	838	982
Other Amortization	415	415	382	362	345	134
Loss (Gain) From Sale of Assets	-170	-3	-6	-4	-1	-3
Asset Writedown & Restructuring Costs	36	38	-	-	2	-
Loss (Gain) From Sale of Investments	-	-	9	-	-	-
Loss (Gain) on Equity Investments	15	18	30	20	10	1
Other Operating Activities	-23	-95	56	-44	-2	38
Change in Accounts Receivable	-41	-24	74	-62	11	123
Change in Inventory	12	12	28	-55	-26	27
Change in Accounts Payable	49	-5	10	52	144	-68
Change in Other Net Operating Assets	-55	-45	-123	181	-143	-283
Operating Cash Flow	1,633	1,602	1,620	1,717	1,621	1,515
Operating Cash Flow Growth	2.00%	-1.11%	-5.65%	5.92%	7.00%	-8.46%
Capital Expenditures	-1,380	-1,474	-1,453	-1,441	-1,137	-1,089
Sale of Property, Plant & Equipment	69	-	33	13	6	11
Cash Acquisitions	-	-737	-	-33	-130	-2
Divestitures	231	-	-	-	-	-
Investment in Securities	-16	-17	-90	-	-44	-
Other Investing Activities	3	-	-	-	-	-1
Investing Cash Flow	-1,093	-2,228	-1,510	-1,461	-1,305	-1,081
Short-Term Debt Issued	-	-	-	-	-	6
Long-Term Debt Issued	-	1,414	1,238	542	980	150
Total Debt Issued	1,049	1,414	1,238	542	980	156
Short-Term Debt Repaid	-	-4	-475	-	-	-
Long-Term Debt Repaid	-	-725	-203	-359	-742	-82
Total Debt Repaid	-1,127	-729	-678	-359	-742	-82
Net Debt Issued (Repaid)	-78	685	560	183	238	74
Issuance of Common Stock	60	83	2	-	2	-
Repurchase of Common Stock	-	-	-	-5	-1	-6
Common Dividends Paid	-193	-360	-387	-387	-388	-485
Other Financing Activities	55	-3	132	2	-230	-28
Financing Cash Flow	-156	405	307	-207	-379	-445
Foreign Exchange Rate Adjustments	-7	2	-1	1	1	-2
Miscellaneous Cash Flow Adjustments	-1	-	1	-	-	-
Net Cash Flow	376	-219	417	50	-62	-13
Free Cash Flow	253	128	167	276	484	426
Free Cash Flow Growth	29.74%	-23.35%	-39.49%	-42.98%	13.61%	-24.47%
Free Cash Flow Margin	3.97%	2.01%	2.79%	4.71%	8.74%	7.83%
Free Cash Flow Per Share	0.78	0.40	0.52	0.86	1.50	1.32
Cash Interest Paid	163	146	111	51	46	42
Cash Income Tax Paid	99	108	49	4	198	155
Levered Free Cash Flow	495.88	-6.88	198.25	61	635	355.42
Unlevered Free Cash Flow	609	105.63	269.5	95.38	665.63	385.42
Change in Working Capital	-35	-62	-11	116	-14	-201

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.