Merus Power Oyj 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	-1.12	-2.65	-0.8	-0.11	-0.99	Upgrade
Depreciation & Amortization	0.33	0.26	0.12	0.08	0.06	Upgrade
Other Amortization	1.16	0.99	0.58	0.41	0.44	Upgrade
Other Operating Activities	0.06	-0.02	-0.03	0.02	0.07	Upgrade
Change in Other Net Operating Assets	-3.47	6.4	0.17	-5.36	-1.74	Upgrade
Operating Cash Flow	-3.03	4.98	0.04	-4.97	-2.18	Upgrade
Operating Cash Flow Growth	-	11752.38%	-	-	-	Upgrade
Capital Expenditures	-3	-2.51	-2.89	-0.76	-0.56	Upgrade
Investing Cash Flow	-3	-2.51	-2.89	-0.76	-0.56	Upgrade
Short-Term Debt Issued	1.56	-	0.84	0.31	0.37	Upgrade
Long-Term Debt Issued	4.54	-	-	0.62	-	Upgrade
Total Debt Issued	6.11	-	0.84	0.93	0.37	Upgrade
Short-Term Debt Repaid	-	-1.39	-	-	-	Upgrade
Long-Term Debt Repaid	-	-0.82	-0.66	-	-0.88	Upgrade
Total Debt Repaid	-	-2.21	-0.66	-	-0.88	Upgrade
Net Debt Issued (Repaid)	6.11	-2.21	0.17	0.93	-0.51	Upgrade
Issuance of Common Stock	2	0.09	-	-	12	Upgrade
Other Financing Activities	-	0	-	-	-	Upgrade
Financing Cash Flow	8.1	-2.12	0.17	0.93	11.49	Upgrade
Miscellaneous Cash Flow Adjustments	-0	-	-	-	-	Upgrade
Net Cash Flow	2.07	0.36	-2.67	-4.79	8.75	Upgrade
Free Cash Flow	-6.03	2.47	-2.85	-5.72	-2.74	Upgrade
Free Cash Flow Margin	-10.76%	6.45%	-9.30%	-32.82%	-17.68%	Upgrade
Free Cash Flow Per Share	-0.76	0.32	-0.37	-0.75	-0.42	Upgrade
Cash Interest Paid	1.48	0.69	0.32	0.16	1.3	Upgrade
Levered Free Cash Flow	-5.7	3.43	-2.54	-5.68	-2.81	Upgrade
Unlevered Free Cash Flow	-4.78	3.86	-2.34	-5.57	-2	Upgrade
Change in Working Capital	-3.47	6.4	0.17	-5.36	-1.74	Upgrade

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