BUD:AMIXA Cash Flow Statement

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

Millions HUF. 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	396.42	-130.26	296.98	-15.41	-16.35
Depreciation & Amortization	236.34	185.68	174.41	-	0.02
Loss (Gain) From Sale of Assets	0.66	-1.36	-0.16	-	-
Loss (Gain) From Sale of Investments	0.62	-0.4	-	-5	0.51
Provision & Write-off of Bad Debts	-1.08	40.93	-	-	-
Other Operating Activities	24.32	-37.58	72.92	0	-
Change in Accounts Receivable	204.93	-518.9	187.57	-	-
Change in Inventory	-169.6	21.91	267.93	-	-
Change in Accounts Payable	140.19	369.29	-363.98	-0.72	0.43
Change in Income Taxes	-	-	-	-0.14	0.21
Change in Other Net Operating Assets	690.33	250.73	-325.84	-0.01	0.07
Operating Cash Flow	1,523	180.05	309.83	-21.34	-15.11
Operating Cash Flow Growth	745.96%	-41.89%	-	-	-
Capital Expenditures	-615.06	-73.64	-9.73	-	-0.02
Sale of Property, Plant & Equipment	14.29	3.05	1	-	-
Cash Acquisitions	-	-	-	-73	-
Investment in Securities	-477.86	8.27	32.58	-	-
Other Investing Activities	0.57	0.32	6.11	-	-
Investing Cash Flow	-1,079	-62	29.96	-73	-0.02
Long-Term Debt Issued	-	370	362.9	-	-
Long-Term Debt Repaid	-219.22	-493.78	-284.33	-	-
Net Debt Issued (Repaid)	-219.22	-123.78	78.56	-	-
Issuance of Common Stock	138	-	-	88.34	20
Common Dividends Paid	-	-	-200	-	-
Financing Cash Flow	-81.22	-123.78	-121.44	88.34	20
Foreign Exchange Rate Adjustments	0.43	0.24	-2.83	-	-
Miscellaneous Cash Flow Adjustments	-0.04	-0.04	-	-	-
Net Cash Flow	362.93	-5.53	215.52	-5.99	4.87
Free Cash Flow	908.07	106.41	300.1	-21.34	-15.13
Free Cash Flow Growth	753.37%	-64.54%	-	-	-
Free Cash Flow Margin	5.44%	0.75%	2.30%	-	-
Free Cash Flow Per Share	70.60	20.26	58.73	-16.07	-13.51
Cash Interest Paid	-	122.17	93.12	-	-
Cash Income Tax Paid	-	149.92	54.62	-	-
Levered Free Cash Flow	842.98	553.82	-1,061	-13.93	-9.52
Unlevered Free Cash Flow	1,006	630.18	-1,002	-13.93	-9.51
Change in Working Capital	865.85	123.04	-234.32	-0.93	0.71

Source: S&P Global Market Intelligence. Standard template. Financial Sources.