Solvay 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	154	223	2,093	1,905	948	-962
Depreciation & Amortization	270	309	844	891	842	969
Other Amortization	7	7	54	63	65	50
Asset Writedown & Restructuring Costs	86	46	96	-31	8	1,397
Loss (Gain) From Sale of Investments	-	-	-	-	-66	-
Loss (Gain) on Equity Investments	-33	-38	-71	-171	-158	-58
Other Operating Activities	233	292	-723	253	255	-268
Change in Accounts Receivable	3	3	122	-193	-459	-
Change in Inventory	18	18	215	-300	-427	-
Change in Accounts Payable	17	17	-495	115	775	-
Change in Other Net Operating Assets	-159	-262	-224	-526	-284	-71
Operating Cash Flow	596	615	1,911	2,006	1,499	1,242
Operating Cash Flow Growth	-3.56%	-67.82%	-4.74%	33.82%	20.69%	-31.57%
Capital Expenditures	-282	-272	-967	-815	-561	-454
Sale of Property, Plant & Equipment	25	11	7	21	30	8
Cash Acquisitions	-	-	-2	-	-22	-12
Divestitures	3	1	-718	94	169	1,297
Sale (Purchase) of Intangibles	-21	-13	-97	-94	-75	-81
Investment in Securities	2	-10	-12	-14	-20	-44
Other Investing Activities	-5	2	-3	-23	9	-3
Investing Cash Flow	-278	-281	-1,792	-831	-470	711
Long-Term Debt Issued	-	1,683	3,221	248	248	557
Long-Term Debt Repaid	-	-1,806	-1,612	-909	-713	-1,476
Net Debt Issued (Repaid)	-121	-123	1,609	-661	-465	-919
Issuance of Common Stock	-	-	39	7	42	493
Repurchase of Common Stock	-15	-17	-1,309	-	-	-518
Common Dividends Paid	-258	-260	-519	-499	-506	-538
Other Financing Activities	-54	36	-275	-38	-175	-210
Financing Cash Flow	-448	-364	-455	-1,191	-1,104	-1,692
Foreign Exchange Rate Adjustments	-16	-15	-13	7	7	-61
Net Cash Flow	-146	-45	-349	-9	-68	200
Free Cash Flow	314	343	944	1,191	938	788
Free Cash Flow Growth	35.34%	-63.67%	-20.74%	26.97%	19.04%	-25.94%
Free Cash Flow Margin	6.40%	6.69%	15.67%	14.93%	8.20%	8.11%
Free Cash Flow Per Share	2.97	3.23	9.06	11.44	9.04	7.64
Cash Interest Paid	-	-	-	62	95	-
Cash Income Tax Paid	81	109	434	305	233	97
Levered Free Cash Flow	86.63	213.88	920.88	-245.38	2,145	2,420
Unlevered Free Cash Flow	147.88	280.75	961.5	-218.5	2,207	2,490
Change in Working Capital	-121	-224	-382	-904	-395	-71

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