Solvac 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	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	125.31	104.7	127.34	594	293	Upgrade
Depreciation & Amortization	0	0	0.01	-	-	Upgrade
Loss (Gain) on Equity Investments	-	-	-	-599	-298	Upgrade
Other Operating Activities	-129.24	-107.76	-132.09	128	125	Upgrade
Change in Other Net Operating Assets	-	-	-	2	-	Upgrade
Operating Cash Flow	-3.93	-3.06	-4.74	125	120	Upgrade
Operating Cash Flow Growth	-	-	-	4.17%	2.56%	Upgrade
Other Investing Activities	132.12	110.91	134.73	-	-	Upgrade
Investing Cash Flow	132.12	110.91	134.73	-	-	Upgrade
Short-Term Debt Issued	-	13	-	48	50	Upgrade
Long-Term Debt Issued	-	-	48.6	-	-	Upgrade
Total Debt Issued	-	13	48.6	48	50	Upgrade
Short-Term Debt Repaid	-13	-48.6	-	-50	-51	Upgrade
Long-Term Debt Repaid	-	-	-48	-	-	Upgrade
Total Debt Repaid	-13	-48.6	-48	-50	-51	Upgrade
Net Debt Issued (Repaid)	-13	-35.6	0.6	-2	-1	Upgrade
Common Dividends Paid	-124.19	-124.19	-124.19	-119	-116	Upgrade
Other Financing Activities	9.12	50.91	-2.91	-3	-3	Upgrade
Financing Cash Flow	-128.07	-108.88	-126.5	-124	-120	Upgrade
Miscellaneous Cash Flow Adjustments	0	-	-	-	-	Upgrade
Net Cash Flow	0.12	-1.02	3.49	1	-	Upgrade
Cash Interest Paid	3.25	3.45	3.14	3	3	Upgrade
Levered Free Cash Flow	8.11	50.33	-4.16	371.25	183.13	Upgrade
Unlevered Free Cash Flow	10.1	52.48	-2.21	373.13	185	Upgrade
Change in Working Capital	-	-	-	2	-	Upgrade

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