Tehnohemija 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	25.25	60.74	61.13	1.84	-10.2
Depreciation & Amortization	30.11	24.66	20.48	19.82	17.41
Other Operating Activities	108.6	-56.25	-45.79	1.7	-56.03
Operating Cash Flow	163.95	29.15	35.82	23.37	-48.83
Operating Cash Flow Growth	462.39%	-18.61%	53.26%	-	-
Capital Expenditures	-289.86	-700.58	-14.69	-26.82	-21.2
Sale of Property, Plant & Equipment	-	2.35	-	-	73.29
Investment in Securities	-	-	0.47	1.57	28.4
Other Investing Activities	-63	-	-	-	-
Investing Cash Flow	-352.86	-698.23	-14.22	-25.26	80.48
Short-Term Debt Issued	-	-	33.5	53.3	-
Long-Term Debt Issued	347.56	468.06	-	-	-
Total Debt Issued	347.56	468.06	33.5	53.3	-
Short-Term Debt Repaid	-	-	-6.47	-	-48.6
Long-Term Debt Repaid	-13.79	-11.57	-40.98	-46	-
Total Debt Repaid	-13.79	-11.57	-47.45	-46	-48.6
Net Debt Issued (Repaid)	333.77	456.49	-13.95	7.3	-48.6
Repurchase of Common Stock	-0.72	-1.45	-	-	-
Other Financing Activities	-163.67	224.69	-	-	-
Financing Cash Flow	169.37	679.74	-13.95	7.3	-48.6
Foreign Exchange Rate Adjustments	-	-	0.15	-0.15	-
Net Cash Flow	-19.54	10.66	7.8	5.27	-16.94
Free Cash Flow	-125.91	-671.42	21.13	-3.45	-70.03
Free Cash Flow Margin	-14.35%	-87.61%	4.07%	-1.02%	-48.37%
Free Cash Flow Per Share	-	-655.34	20.63	-3.38	-68.38
Cash Interest Paid	-	3.34	2.33	4.06	5.04
Levered Free Cash Flow	-149.55	-770.46	62.65	51.11	-36.1
Unlevered Free Cash Flow	-132.33	-768.37	64.1	53.37	-32.95