Naftna Industrija Srbije a.d. (BELEX:NIIS)
Serbia · Delayed Price · Currency is EUR · Price in RSD 718.00
-26.00 (-3.49%)
At close: Jan 14, 2025
BELEX:NIIS Cash Flow Statement
Financials in millions RSD. Fiscal year is January - December.
Millions RSD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 | 18,577 | -4,552 | 10,845 | 44,667 | 92,375 | 20,957 |
Depreciation & Amortization | 29,189 | 28,994 | 26,939 | 25,061 | 25,310 | 25,658 |
Other Amortization | - | - | 336.44 | 339.1 | 321.77 | 335.93 |
Asset Writedown & Restructuring Costs | 9,567 | 2,829 | -160.49 | 13.13 | 2.84 | 543.4 |
Loss (Gain) on Equity Investments | 608.17 | -771.42 | 105.92 | 137.72 | -1,284 | 164.53 |
Provision & Write-off of Bad Debts | 43.44 | 14.67 | -9.35 | 7.3 | 89.99 | -19.49 |
Other Operating Activities | 4,864 | -4,273 | 633.59 | -31,143 | 13,555 | 4,203 |
Change in Accounts Receivable | 3,345 | 11,214 | 1,181 | 2,881 | -6,783 | -7,457 |
Change in Inventory | -35,800 | 12,909 | 15,841 | -2,211 | -21,347 | -9,189 |
Change in Accounts Payable | 7,216 | -9,920 | 7,175 | -11,355 | 11,426 | 6,394 |
Change in Other Net Operating Assets | 10,960 | 6,970 | -1,910 | -413.92 | 396.91 | 585.77 |
Operating Cash Flow | 48,570 | 43,415 | 60,977 | 27,984 | 114,063 | 42,175 |
Operating Cash Flow Growth | 1.82% | -28.80% | 117.90% | -75.47% | 170.45% | 41.99% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Capital Expenditures | -32,180 | -31,718 | -60,282 | -43,363 | -25,438 | -22,774 |
Sale of Property, Plant & Equipment | 276.51 | 587.49 | 211.75 | 104.7 | 393.16 | 410.96 |
Cash Acquisitions | - | - | - | 568.31 | - | - |
Investment in Securities | 69.33 | 215.3 | 30,824 | -24,351 | -6,092 | 76.23 |
Other Investing Activities | -27.01 | -15.28 | 58.6 | 29.37 | -170.39 | -32.5 |
Investing Cash Flow | -31,861 | -30,930 | -29,188 | -67,012 | -31,307 | -22,319 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Long-Term Debt Issued | - | 4,465 | 12,055 | 4,200 | 5,811 | 17,230 |
Total Debt Issued | 1,184 | 4,465 | 12,055 | 4,200 | 5,811 | 17,230 |
Long-Term Debt Repaid | - | -24,417 | -13,962 | -8,159 | -14,878 | -23,385 |
Lease Payments | -1,172 | -992.82 | -1,207 | -1,026 | -814.88 | -728.69 |
Total Debt Repaid | -23,723 | -24,417 | -13,962 | -8,159 | -14,878 | -23,385 |
Net Debt Issued (Repaid) | -22,539 | -19,952 | -1,907 | -3,959 | -9,067 | -6,156 |
Common Dividends Paid | -2,534 | -2,534 | -10,478 | -23,365 | -5,782 | -1,001 |
Other Financing Activities | - | - | 700.61 | - | - | - |
Financing Cash Flow | -25,073 | -22,486 | -11,685 | -27,324 | -14,849 | -7,157 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | -164.34 | -214.12 | -852.02 | -294.81 | -1,060 | 95.26 |
Net Cash Flow | -8,529 | -10,216 | 19,252 | -66,647 | 66,848 | 12,795 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 16,389 | 11,697 | 694.75 | -15,380 | 88,626 | 19,402 |
Free Cash Flow Growth | 96.73% | 1583.60% | - | - | 356.79% | 1238.51% |
Free Cash Flow Margin | 4.58% | 4.03% | 0.17% | -3.73% | 17.25% | 6.57% |
Free Cash Flow Per Share | 100.55 | 71.76 | 4.26 | -94.32 | 543.51 | 118.99 |
Levered Free Cash Flow | - | 12,998 | -10,590 | -33,907 | 60,222 | 10,854 |
Unlevered Free Cash Flow | - | 14,746 | -8,372 | -31,940 | 61,346 | 11,882 |
Free Cash Flow After Leases | 15,217 | 10,704 | -512.24 | -16,406 | 87,811 | 18,673 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Cash Interest Paid | 2,216 | 2,601 | 3,302 | 2,709 | 1,471 | 1,423 |
Cash Income Tax Paid | 1,219 | 1,998 | 4,945 | 29,871 | 8,084 | 280.74 |
Change in Working Capital | -14,279 | 21,173 | 22,286 | -11,099 | -16,307 | -9,667 |