Fintel Energija a.d. Cash Flow Statement

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

Millions RSD. 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	449.43	302.5	399.18	354.95	462.63
Depreciation & Amortization	615.02	615.13	615.21	611.33	593.04
Other Operating Activities	526.49	753.91	740.59	303.87	386.47
Operating Cash Flow	1,591	1,672	1,755	1,270	1,442
Operating Cash Flow Growth	-4.82%	-4.75%	38.17%	-11.93%	80.22%
Capital Expenditures	-1,236	-576.99	-285.44	-569.68	-560.16
Investment in Securities	437.16	-277.72	-6.57	-87.04	-404.31
Other Investing Activities	2.46	-	-	-	-
Investing Cash Flow	-795.93	-854.71	-292	-656.71	-964.47
Short-Term Debt Issued	12.94	-	-	-	-
Long-Term Debt Issued	1,251	6,896	-	-	1,400
Total Debt Issued	1,264	6,896	-	-	1,400
Short-Term Debt Repaid	-905.74	-	-	-	-
Long-Term Debt Repaid	-414.09	-7,495	-985.27	-891.07	-1,617
Total Debt Repaid	-1,320	-7,495	-985.27	-891.07	-1,617
Net Debt Issued (Repaid)	-55.84	-599.68	-985.27	-891.07	-217.11
Repurchase of Common Stock	-	-	-	-0.39	-
Common Dividends Paid	-	-415.91	-28.38	-43.8	-44.62
Other Financing Activities	-6.86	0.03	-	-	-
Financing Cash Flow	-62.71	-1,016	-1,014	-935.26	-261.73
Foreign Exchange Rate Adjustments	-1.36	-	-	-	-
Net Cash Flow	730.95	-198.73	449.32	-321.82	215.94
Free Cash Flow	355.4	1,095	1,470	700.48	881.98
Free Cash Flow Growth	-67.53%	-25.52%	109.79%	-20.58%	23.04%
Free Cash Flow Margin	12.81%	39.98%	54.13%	32.25%	35.55%
Free Cash Flow Per Share	13.40	41.29	55.43	26.42	33.27
Cash Interest Paid	-	341.81	419.41	360.28	600.99
Cash Income Tax Paid	-	169.81	278.76	157.63	31.37
Levered Free Cash Flow	559.25	184.45	1,287	360.98	517.4
Unlevered Free Cash Flow	758.62	469.38	1,577	639.41	916.87