EPA:CAT31 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	70.5	66.48	59.3	66.62	69.94	Upgrade
Depreciation & Amortization	11.23	11.41	11.57	12.11	12.8	Upgrade
Gain (Loss) on Sale of Assets	-0.27	-	0.05	-0.23	0.62	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	-	-1.8	Upgrade
Total Asset Writedown	18.51	12.37	6.86	14.79	0.57	Upgrade
Change in Income Taxes	-15.11	-7.69	-5.3	-11.77	-23.96	Upgrade
Change in Other Net Operating Assets	-103.58	-94.72	-325.28	-512.14	293.91	Upgrade
Other Operating Activities	19.19	15.45	-0.96	26.78	17.79	Upgrade
Operating Cash Flow	-8.53	-2.94	-258.82	-403.84	369.87	Upgrade
Operating Cash Flow Growth	-	-	-	-	-8.30%	Upgrade
Capital Expenditures	-4.62	-3.41	-3.09	-1.14	-2.55	Upgrade
Cash Acquisitions	-28.68	-	-	-	-10.29	Upgrade
Investment in Securities	2.86	-87.28	-14.14	-6.5	-	Upgrade
Income (Loss) Equity Investments	-9	-6.22	-5.04	-	-	Upgrade
Investing Cash Flow	-30.44	-90.69	-17.22	-7.63	-12.85	Upgrade
Long-Term Debt Repaid	-18.34	-	-	-	-	Upgrade
Net Debt Issued (Repaid)	-18.34	-	-	-	-	Upgrade
Common Dividends Paid	-13.31	-	-	-	-	Upgrade
Other Financing Activities	19.03	61.03	-37.1	2.88	-5.59	Upgrade
Financing Cash Flow	-12.61	61.03	-37.1	2.88	-5.59	Upgrade
Net Cash Flow	-51.58	-32.6	-313.14	-408.59	351.44	Upgrade
Free Cash Flow	-13.16	-6.34	-261.9	-404.98	367.32	Upgrade
Free Cash Flow Growth	-	-	-	-	-6.12%	Upgrade
Free Cash Flow Margin	-5.05%	-2.53%	-108.15%	-159.11%	139.02%	Upgrade
Free Cash Flow Per Share	-2.92	-2.00	-57.21	-88.47	80.02	Upgrade
Cash Income Tax Paid	15.11	7.69	5.3	11.77	23.96	Upgrade

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