BUD:GRANIT Cash Flow Statement

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

Millions HUF. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	19,216	19,892	11,390	3,893
Depreciation & Amortization	3,114	1,804	-987	573
Gain (Loss) on Sale of Assets	109	-	-9	-2
Gain (Loss) on Sale of Investments	3,862	-17,393	21,825	5,278
Total Asset Writedown	-	-	-	-1,145
Change in Trading Asset Securities	-33,570	16,161	-38,764	-37,104
Change in Other Net Operating Assets	-102,503	153,157	-170,940	10,881
Other Operating Activities	94	516	-12,653	-1,771
Operating Cash Flow	-109,183	173,593	-192,127	-19,326
Capital Expenditures	-1,925	-211	-2,289	-429
Sale of Property, Plant and Equipment	1,377	-	13	-
Cash Acquisitions	563	-6,484	-	-
Investment in Securities	-49,247	33,600	-51,870	-39,437
Purchase / Sale of Intangibles	-5,189	-2,058	-3,169	-1,024
Other Investing Activities	2	61	1	-
Investing Cash Flow	-54,419	24,908	-57,314	-40,890
Long-Term Debt Repaid	-	-	-5,252	-
Net Debt Issued (Repaid)	-	-	-5,252	-
Issuance of Common Stock	47,361	930	21,266	-
Net Increase (Decrease) in Deposit Accounts	274,807	211,984	265,577	54,036
Other Financing Activities	-	-	247	-
Financing Cash Flow	322,168	212,914	281,838	54,036
Foreign Exchange Rate Adjustments	1,626	-1,591	-	-
Net Cash Flow	160,192	409,824	40,051	-5,646
Free Cash Flow	-111,108	173,382	-194,416	-19,755
Free Cash Flow Margin	-209.97%	370.25%	-688.10%	-155.20%
Free Cash Flow Per Share	-7047.32	11262.23	-	-1765.47
Cash Interest Paid	70,682	81,923	30,260	5,816
Cash Income Tax Paid	3,283	3,607	1,891	660