ABC arbitrage 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	25.09	26.85	16.48	29.15	28.04	Upgrade
Depreciation & Amortization	1.88	2.04	1.99	1.76	1.75	Upgrade
Stock-Based Compensation	0.45	0.48	0.25	0.2	0.81	Upgrade
Other Operating Activities	-0.16	-0.14	-0.08	-0.06	-0.16	Upgrade
Change in Other Net Operating Assets	-4.67	-8.11	1.34	-6.65	3.61	Upgrade
Operating Cash Flow	22.6	21.12	19.98	24.4	34.05	Upgrade
Operating Cash Flow Growth	7.03%	5.67%	-18.12%	-28.33%	39.93%	Upgrade
Other Investing Activities	-0.76	-1.2	-1.13	-0.96	-0.71	Upgrade
Investing Cash Flow	-0.76	-1.2	-1.13	-0.96	-0.71	Upgrade
Long-Term Debt Repaid	-1.42	-0.8	-0.86	-	-0.99	Upgrade
Net Debt Issued (Repaid)	-1.42	-0.8	-0.86	-	-0.99	Upgrade
Issuance of Common Stock	-	-	-	7.4	5.34	Upgrade
Common Dividends Paid	-20.2	-17.79	-24.37	-23.68	-25.19	Upgrade
Other Financing Activities	0.22	-0.82	1.37	-11.2	-3.02	Upgrade
Financing Cash Flow	-21.4	-19.4	-23.86	-27.47	-23.86	Upgrade
Miscellaneous Cash Flow Adjustments	-	-0	-0	-	0	Upgrade
Net Cash Flow	0.44	0.51	-5.01	-4.03	9.49	Upgrade
Cash Interest Paid	0.04	0.07	0.07	-	0.01	Upgrade
Levered Free Cash Flow	20.7	11.49	7.39	33.72	12.1	Upgrade
Unlevered Free Cash Flow	20.72	11.53	7.43	33.76	12.12	Upgrade
Change in Working Capital	-4.67	-8.11	1.34	-6.65	3.61	Upgrade

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