EPA:CAF 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	236.22	191.88	244.22	369.77	331.21	Upgrade
Depreciation & Amortization	49.16	47.4	48.75	53.04	53.41	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	0.49	-0.7	Upgrade
Gain (Loss) on Sale of Investments	-0.03	-0.09	0.01	-	-	Upgrade
Total Asset Writedown	84.23	88.31	84.22	71.29	51.49	Upgrade
Change in Income Taxes	2.35	-28.91	-52.1	-104.98	-89.8	Upgrade
Change in Other Net Operating Assets	-170.66	-1,851	-1,125	-2,849	1,987	Upgrade
Other Operating Activities	77.37	50.21	-51.48	123.66	126.57	Upgrade
Operating Cash Flow	278.63	-1,502	-851.72	-2,336	2,459	Upgrade
Operating Cash Flow Growth	-	-	-	-	15.56%	Upgrade
Capital Expenditures	-28.34	-15.08	-24.45	-13.39	-4.26	Upgrade
Investment in Securities	-12.23	-39.54	-29.78	-17.36	-18.84	Upgrade
Investing Cash Flow	-40.57	-54.62	-54.23	-30.74	-23.1	Upgrade
Common Dividends Paid	-29.33	-29.27	-29.64	-	-25.04	Upgrade
Other Financing Activities	35.86	137.03	-92.38	74.68	-27.88	Upgrade
Financing Cash Flow	6.54	107.77	-122.01	74.68	-52.92	Upgrade
Net Cash Flow	244.6	-1,449	-1,028	-2,292	2,383	Upgrade
Free Cash Flow	250.29	-1,517	-876.17	-2,349	2,455	Upgrade
Free Cash Flow Growth	-	-	-	-	16.02%	Upgrade
Free Cash Flow Margin	26.19%	-172.71%	-93.79%	-218.47%	239.45%	Upgrade
Free Cash Flow Per Share	9.03	-54.63	-31.47	-84.01	87.58	Upgrade
Cash Income Tax Paid	-2.35	28.91	52.1	104.98	89.8	Upgrade

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