Monbat AD Cash Flow Statement

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

Millions BGN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-4.28	2.58	6.31	4.53	2.99	1.29
Depreciation & Amortization	23.66	23.29	21.96	20.01	18.29	19.56
Other Amortization	0.83	0.44	0.29	0.22	1.24	-
Other Operating Activities	32.21	31.1	10.13	15.59	3.81	13.79
Operating Cash Flow	52.41	57.41	38.68	40.36	26.33	34.64
Operating Cash Flow Growth	-2.14%	48.41%	-4.16%	53.30%	-23.99%	39.34%
Capital Expenditures	-23.26	-23.02	-22.76	-25.38	-17.79	-16.82
Cash Acquisitions	-	-	-	-10.02	-	-
Divestitures	-	-	-	5.53	-	-
Investment in Securities	-	-0.04	-0.47	1.96	-8.02	-
Other Investing Activities	0.14	0.22	0.34	0.13	0.36	0.02
Investing Cash Flow	-23.73	-24.44	-24.23	-29.44	-26.3	-20.44
Long-Term Debt Issued	-	126.85	265.39	242.13	175.92	110.78
Long-Term Debt Repaid	-	-142.25	-261.68	-242.33	-179.11	-119.42
Net Debt Issued (Repaid)	-17.32	-15.4	3.71	-0.2	-3.2	-8.64
Repurchase of Common Stock	-	-	-0.03	-0.14	-	-
Common Dividends Paid	-	-	-3.99	-5.43	-6.99	-
Other Financing Activities	-11.46	-13.37	-9.3	-5.35	-5.11	-5.46
Financing Cash Flow	-28.78	-28.77	-9.61	-11.12	-15.29	-14.1
Foreign Exchange Rate Adjustments	-0.14	-0.09	-0.18	0.22	0.28	-
Net Cash Flow	-0.24	4.12	4.66	0.03	-14.98	0.1
Free Cash Flow	29.15	34.39	15.92	14.99	8.54	17.82
Free Cash Flow Growth	-20.81%	115.98%	6.26%	75.54%	-52.10%	-
Free Cash Flow Margin	7.32%	8.92%	4.06%	4.05%	2.32%	5.86%
Free Cash Flow Per Share	0.75	0.88	0.41	0.38	0.22	0.46
Cash Interest Paid	10.48	12.17	9.89	5.72	4.27	4.48
Cash Income Tax Paid	0.67	-0.11	-10.02	-9.74	-14.31	1.76
Levered Free Cash Flow	35.73	30.87	2.28	-30.93	0.91	-13.84
Unlevered Free Cash Flow	42.76	38.92	9.87	-25.89	4.75	-9.85

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.