Avioane Craiova Cash Flow Statement

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

Millions RON. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Jan '21 Jan 1, 2021
Net Income	-21.64	1.44	0.11	6.84	-12.44	-6.63
Depreciation & Amortization	1.38	0.95	0.93	0.86	0.95	0.21
Change in Accounts Receivable	-8.23	15.09	-15.7	-6.17	-3.41	0.55
Change in Inventory	-76.34	-97.43	-78.95	-20.1	-42.17	3.44
Change in Accounts Payable	24.56	46.87	107.36	10.83	41.27	43.35
Change in Other Net Operating Assets	19.29	17.78	-27.54	7.05	-3.87	4.88
Operating Cash Flow	-60.98	-15.3	-13.78	-0.69	-19.68	45.82
Operating Cash Flow Growth	-	-	-	-	-	54.39%
Capital Expenditures	-11.54	-4.22	-1.94	-0.12	-1.82	-8.86
Investing Cash Flow	-11.54	-4.22	-1.94	-0.12	-1.82	-8.86
Long-Term Debt Issued	-	-	3.1	7.24	11.97	-
Long-Term Debt Repaid	-	-0.75	-	-	-	-
Net Debt Issued (Repaid)	-22.35	-0.75	3.1	7.24	11.97	-
Financing Cash Flow	-22.35	-0.75	3.1	7.24	11.97	-
Net Cash Flow	-94.88	-20.28	-12.63	6.43	-9.53	36.96
Free Cash Flow	-72.53	-19.53	-15.72	-0.81	-21.5	36.96
Free Cash Flow Growth	-	-	-	-	-	25.84%
Free Cash Flow Margin	-167.17%	-27.83%	-29.10%	-1.61%	-176.99%	178.74%
Free Cash Flow Per Share	-1.94	-0.52	-0.49	-	-0.67	2.68
Levered Free Cash Flow	-74.48	-78.89	-15.44	-46.85	-168.23	27.83
Unlevered Free Cash Flow	-73.07	-77.53	-14.03	-46	-168.09	27.83
Change in Working Capital	-40.72	-17.7	-14.83	-8.39	-8.19	52.23

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