InPost Cash Flow Statement

Financials in millions PLN. Fiscal year is January - December.

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
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
Net Income	526.3	1,247	647.4	456.4	491.6
Depreciation & Amortization	2,179	1,490	1,149	972.3	609.7
Stock-Based Compensation	108.5	104.9	46.7	25.2	92.5
Other Adjustments	1,096	760.3	832.6	445.9	313.4
Change in Receivables	-212.3	-123.3	-206.8	-304	-166.2
Changes in Inventories	-3.5	0.9	1.4	-3.5	-5.1
Changes in Accounts Payable	41.4	60.6	124.3	244.1	164.2
Changes in Accrued Expenses	24.6	27.2	32.4	-26.3	-2.1
Changes in Income Taxes Payable	-464.1	-277.8	-190.8	-219.6	-243
Changes in Other Operating Activities	-427.4	-333.2	-360.5	-244.1	-155
Operating Cash Flow	2,869	2,957	2,076	1,346	1,100
Operating Cash Flow Growth	-2.98%	42.46%	54.17%	22.40%	48.61%
Capital Expenditures	-1,469	-1,174	-881.4	-987.1	-849.6
Purchases of Intangible Assets	-364.2	-226	-138.2	-128.6	-86
Purchases of Investments	-53.1	-	-255.2	-	-
Payments for Business Acquisitions	-103.4	-225.5	-	-	-2,261
Other Investing Activities	-335	-106.4	-	-	-
Investing Cash Flow	-2,325	-1,732	-1,275	-1,116	-3,196
Long-Term Debt Issued	7,723	163.1	-	235.7	4,665
Long-Term Debt Repaid	-6,643	-9.6	-24.3	-19.5	-658.9
Net Long-Term Debt Issued (Repaid)	1,080	153.5	-24.3	216.2	4,006
Repurchase of Common Stock	-23.6	-196	-	-12.1	-
Net Common Stock Issued (Repurchased)	-23.6	-196	-	-12.1	-
Common Dividends Paid	-	-	-	-	-1,238
Other Financing Activities	-1,421	-976.3	-657.1	-490	-320.7
Financing Cash Flow	-364.9	-1,019	-681.4	-285.9	2,447
Effect of Exchange Rate Changes on Cash and Cash Equivalents	-2	0.5	9.8	-2.2	-2
Net Cash Flow	179	206.6	119.6	-55.2	351
Free Cash Flow	1,400	1,783	1,194	359.3	250.4
Free Cash Flow Growth	-21.52%	49.30%	232.42%	43.49%	-2.38%
FCF Margin	9.51%	16.29%	13.51%	5.09%	5.46%
Free Cash Flow Per Share	2.81	3.55	2.39	0.72	0.50
Levered Free Cash Flow	1,487	1,195	497.6	408.4	4,017
Unlevered Free Cash Flow	766.28	1,291	915.62	378.85	88.7

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.