Electromagnetica Cash Flow Statement

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

Millions RON. 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	-12.68	-11.07	-29.99	24.45	-15.29
Depreciation & Amortization	8.58	10.02	10.61	9.83	8.03
Loss (Gain) From Sale of Assets	-0.56	-1.17	0.01	-	-
Asset Writedown & Restructuring Costs	16.18	-1.68	22.55	4.13	-0.19
Provision & Write-off of Bad Debts	-0.96	5.01	6.99	-	-
Other Operating Activities	-9.88	-3.69	-0.03	-8.98	-29.94
Change in Accounts Receivable	7.27	27.88	21.96	-	-
Change in Inventory	1.61	6.43	1.69	-	-
Change in Other Net Operating Assets	7.93	-20.85	-11	-	-
Operating Cash Flow	17.48	10.9	22.77	29.43	-37.4
Operating Cash Flow Growth	60.44%	-52.15%	-22.63%	-	-
Capital Expenditures	-0.08	-1.41	-5.23	-0.38	-0.92
Sale of Property, Plant & Equipment	3.5	33.63	0.03	0.05	0.03
Other Investing Activities	9.65	1.91	0.75	0.24	0.13
Investing Cash Flow	13.07	34.12	-4.45	-0.09	-0.77
Short-Term Debt Issued	-	-	1.96	-	-
Long-Term Debt Issued	-	-	-	32.72	95.9
Total Debt Issued	-	-	1.96	32.72	95.9
Short-Term Debt Repaid	-	-	-1.96	-	-
Long-Term Debt Repaid	-0.07	-0.14	-0.09	-53.71	-75.11
Total Debt Repaid	-0.07	-0.14	-2.06	-53.71	-75.11
Net Debt Issued (Repaid)	-0.07	-0.14	-0.09	-20.99	20.8
Repurchase of Common Stock	-5	-	-	-	-
Common Dividends Paid	-0.01	-0.04	-2.72	-0.01	-0.02
Other Financing Activities	-0.02	-0.01	-0.04	-0.01	-0.01
Financing Cash Flow	-5.1	-0.2	-2.85	-21.01	20.76
Miscellaneous Cash Flow Adjustments	-	-	-	-	-0
Net Cash Flow	25.45	44.82	15.47	8.33	-17.4
Free Cash Flow	17.4	9.48	17.54	29.05	-38.32
Free Cash Flow Growth	83.50%	-45.95%	-39.61%	-	-
Free Cash Flow Margin	59.46%	9.71%	8.89%	12.50%	-11.14%
Free Cash Flow Per Share	0.03	0.01	0.03	0.04	-0.06
Cash Interest Paid	0.02	0.01	0.04	0.62	0.39
Cash Income Tax Paid	0.17	0.12	1.62	2.44	0.04
Levered Free Cash Flow	-0.05	22.08	25.29	25.83	-29.54
Unlevered Free Cash Flow	0.04	22.09	25.29	26.17	-29.25
Change in Working Capital	16.8	13.47	12.64	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.