EPA:MLCFM 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	-	59.35	60.77	43.36	29.09	Upgrade
Depreciation & Amortization	-	6.66	6.59	5.54	5.53	Upgrade
Gain (Loss) on Sale of Assets	-	-0.04	0.02	-0.03	0	Upgrade
Total Asset Writedown	-	2.36	2.74	3.55	-2.2	Upgrade
Change in Income Taxes	-	-15.63	-17.92	-7.57	-3.24	Upgrade
Change in Other Net Operating Assets	-	-330.33	-247.6	19.05	337.7	Upgrade
Other Operating Activities	-	16.03	20.73	13.42	5.15	Upgrade
Operating Cash Flow	-	-261.61	-174.66	77.33	372.03	Upgrade
Operating Cash Flow Growth	-	-	-	-79.22%	-9.64%	Upgrade
Capital Expenditures	-	-6.61	-2.47	-2.46	-3.22	Upgrade
Investing Cash Flow	-	-6.61	-2.47	-2.46	-3.22	Upgrade
Long-Term Debt Repaid	-	-3.46	-3.24	-2.38	-2.33	Upgrade
Net Debt Issued (Repaid)	-	-3.46	-3.24	-2.38	-2.33	Upgrade
Common Dividends Paid	-	-45.84	-40.4	-24.81	-31.67	Upgrade
Other Financing Activities	-	0.91	0.74	0.48	0.43	Upgrade
Financing Cash Flow	-	-48.39	-42.89	-26.71	-33.57	Upgrade
Net Cash Flow	-	-316.61	-220.02	48.16	335.24	Upgrade
Free Cash Flow	-	-268.22	-177.13	74.87	368.81	Upgrade
Free Cash Flow Growth	-	-	-	-79.70%	-9.47%	Upgrade
Free Cash Flow Margin	-	-136.55%	-90.20%	47.76%	281.15%	Upgrade
Free Cash Flow Per Share	-	-479.03	-329.35	131.21	643.65	Upgrade
Cash Income Tax Paid	-	15.63	17.92	7.57	3.24	Upgrade

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