Aerodrom Nikola Tesla a.d. (BELEX: AERO)

AERO Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	250.21	250.21	20.23	-290.01	-799.12	-453.86
Depreciation & Amortization	663.41	663.41	593.61	596.04	683.92	681.27
Other Operating Activities	-612.01	-612.01	-348.89	-348.89	49.14	-11,443
Operating Cash Flow	301.61	301.61	264.95	-42.86	-66.06	-11,216
Operating Cash Flow Growth	13.84%	13.84%	-	-	-	-
Capital Expenditures	-116.16	-116.16	-127.43	-96.19	-99.27	-95.22
Investment in Securities	-410.11	-410.11	-	-	-	3,006
Other Investing Activities	12.57	12.57	4.74	4.66	6	30.58
Investing Cash Flow	-513.69	-513.69	-122.69	-91.53	-93.27	2,942
Long-Term Debt Repaid	-	-	-	-	-	-49.16
Net Debt Issued (Repaid)	-	-	-	-	-	-49.16
Common Dividends Paid	-	-	-	-1.51	-	-51,931
Other Financing Activities	-	-	-	-	-0.05	-148.21
Financing Cash Flow	-	-	-	-1.51	-0.05	-52,128
Foreign Exchange Rate Adjustments	-11.82	-11.82	16.46	22.72	-25.42	-82.37
Net Cash Flow	-223.9	-223.9	158.72	-113.19	-184.8	-60,484
Free Cash Flow	185.45	185.45	137.52	-139.05	-165.33	-11,311
Free Cash Flow Growth	34.86%	34.86%	-	-	-	-
Free Cash Flow Margin	14.87%	14.87%	23.10%	-24.70%	-61.02%	-2023.79%
Free Cash Flow Per Share	5.28	5.28	3.93	-3.97	-4.72	-322.92
Cash Interest Paid	-	-	-	-	-	12.61
Cash Income Tax Paid	-	-	-	-	-	10,500
Levered Free Cash Flow	1,188	1,188	95.08	337.81	-1,011	-8,878
Unlevered Free Cash Flow	1,188	1,188	95.09	337.82	-1,011	-8,872
Change in Net Working Capital	-473.61	-473.61	146.28	-120.89	1,056	9,105

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