Københavns Lufthavne Cash Flow Statement

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
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	2020 - 2016
Net Income	1,215	1,016	264	191	-527	Upgrade
Depreciation & Amortization	847	909	946	913	915	Upgrade
Other Amortization	54	58	60	71	97	Upgrade
Other Operating Activities	198	-68	91	477	-615	Upgrade
Operating Cash Flow	2,314	1,915	1,361	1,652	-130	Upgrade
Operating Cash Flow Growth	20.84%	40.71%	-17.61%	-	-	Upgrade
Capital Expenditures	-1,810	-1,301	-1,238	-881	-571	Upgrade
Sale of Property, Plant & Equipment	3	2	3	4	3	Upgrade
Sale (Purchase) of Intangibles	-153	-73	-102	-67	-10	Upgrade
Investment in Securities	-3	-	-	-	-55	Upgrade
Investing Cash Flow	-1,963	-1,372	-1,337	-944	-633	Upgrade
Short-Term Debt Issued	1,292	1,197	1,282	346	176	Upgrade
Long-Term Debt Issued	1,650	-	4,900	2,020	4,529	Upgrade
Total Debt Issued	2,942	1,197	6,182	2,366	4,705	Upgrade
Short-Term Debt Repaid	-2,698	-1,336	-5,899	-324	-160	Upgrade
Long-Term Debt Repaid	-346	-351	-286	-2,672	-3,746	Upgrade
Total Debt Repaid	-3,044	-1,687	-6,185	-2,996	-3,906	Upgrade
Net Debt Issued (Repaid)	-102	-490	-3	-630	799	Upgrade
Common Dividends Paid	-200	-	-76	-59	-	Upgrade
Other Financing Activities	-43	-47	-	-	-	Upgrade
Financing Cash Flow	-345	-537	-79	-689	799	Upgrade
Net Cash Flow	6	6	-55	19	36	Upgrade
Free Cash Flow	504	614	123	771	-701	Upgrade
Free Cash Flow Growth	-17.91%	399.19%	-84.05%	-	-	Upgrade
Free Cash Flow Margin	9.13%	12.11%	3.03%	21.83%	-39.81%	Upgrade
Free Cash Flow Per Share	64.22	78.24	15.67	98.24	-89.32	Upgrade
Cash Interest Paid	339	342	389	169	169	Upgrade
Cash Income Tax Paid	221	83	-	1	-	Upgrade
Levered Free Cash Flow	329.88	347.88	215	381.13	-680.43	Upgrade
Unlevered Free Cash Flow	447.38	501.63	379.38	474.88	-592.3	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.