Holding Varna AD (BUL:HVAR)

Holding Varna AD Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	1.69	1.1	2.44	1.79	-5.76
Depreciation & Amortization	6.33	6.51	6.37	6.61	7.13
Other Amortization	-	0.02	0.03	0.21	0.15
Other Operating Activities	37.01	0.48	-6.63	-3.12	6.34
Operating Cash Flow	45.02	8.11	2.21	5.5	7.85
Operating Cash Flow Growth	455.16%	267.59%	-59.88%	-29.96%	4.29%
Capital Expenditures	-6.85	-5.41	-4.56	-9.38	-7.29
Sale of Property, Plant & Equipment	0.25	0.09	-	0.57	0.88
Divestitures	-	-	-	0.27	-
Sale (Purchase) of Intangibles	-0.89	-0.78	-0.69	-0.65	-0.64
Investment in Securities	6.47	4.28	15.11	11.84	6.88
Other Investing Activities	0.53	0.55	0.91	0.16	1.05
Investing Cash Flow	3.85	-0.05	9.66	-4.58	6.88
Long-Term Debt Issued	95.64	94.8	101.47	120.7	48.48
Long-Term Debt Repaid	-101.83	-94.36	-108.56	-116.52	-54.84
Net Debt Issued (Repaid)	-6.2	0.43	-7.08	4.18	-6.36
Other Financing Activities	-7	-8.84	-3.94	-1.2	-5.94
Financing Cash Flow	-13.19	-8.4	-11.02	2.97	-12.29
Foreign Exchange Rate Adjustments	-0.01	-0	-0.01	-0	-0.01
Net Cash Flow	35.67	-0.35	0.84	3.89	2.43
Free Cash Flow	38.17	2.7	-2.35	-3.88	0.56
Free Cash Flow Growth	1314.15%	-	-	-	-
Free Cash Flow Margin	44.00%	3.16%	-3.24%	-6.20%	1.17%
Free Cash Flow Per Share	5.88	0.42	-0.36	-0.60	0.09
Cash Interest Paid	-	8.45	5.94	5.69	7.01
Cash Income Tax Paid	-	2.42	4.52	6.26	5.21
Levered Free Cash Flow	36.11	17.51	5.43	-0.99	-27.09
Unlevered Free Cash Flow	41.5	22.62	9.02	2.89	-22.61
Change in Net Working Capital	-38.46	-18.66	-6.42	-3.49	16.95

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