Ermenegildo Zegna N.V. (ZGN)

Ermenegildo Zegna Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	121.53	51.48	-136	-50.58	21.75
Depreciation & Amortization	194.95	173.52	163.37	185.93	177.07
Other Operating Activities	-41.1	-78.61	253.79	-64.45	-24.7
Operating Cash Flow	275.38	146.4	281.16	70.91	174.12
Operating Cash Flow Growth	88.11%	-47.93%	296.52%	-59.28%	-9.67%
Capital Expenditures	-77.88	-73.3	-90.54	-38.03	-59.51
Acquisitions	-117.69	-0.59	-4.22	-2.25	-9.34
Change in Investments	217.35	16.55	12.76	132.85	152.8
Investing Cash Flow	21.79	-57.34	-82	92.57	83.96
Dividends Paid	0	0	0	-1.73	-14.92
Share Issuance / Repurchase	8.06	3.39	193.08	-0.95	-0.09
Debt Issued / Paid	-227.46	-285.27	-141.54	-46.38	-252.47
Other Financing Activities	-31.1	-15.12	-115.65	-	-
Financing Cash Flow	-250.49	-297	-64.11	-49.05	-267.49
Exchange Rate Effect	-4.72	2.46	7.45	-7.76	1.7
Net Cash Flow	41.96	-205.47	142.5	106.67	-7.71
Free Cash Flow	197.51	73.1	190.62	32.88	114.62
Free Cash Flow Growth	170.19%	-61.65%	479.80%	-71.32%	-31.26%
Free Cash Flow Margin	10.37%	4.90%	14.75%	3.24%	8.67%
Free Cash Flow Per Share	0.80	0.30	0.81	8.16	28.43

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).