S.P.E.E.H. Hidroelectrica S.A. (BVB:H2O)
Romania · Delayed Price · Currency is RON 185.00
+0.80 (0.43%)
At close: Aug 21, 2026
S.P.E.E.H. Hidroelectrica Cash Flow Statement
Financials in millions RON. Fiscal year is January - December.
Millions RON. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 4,353 | 3,370 | 4,128 | 6,365 | 4,464 | 3,116 |
Depreciation & Amortization | 884.1 | 882.83 | 904.97 | 1,036 | 772.15 | 760.5 |
Loss (Gain) on Sale of Assets | 16.76 | 1.29 | 6.25 | 5.28 | 2.05 | 3.61 |
Asset Writedown | 88.31 | 99.46 | 39.49 | - | 23.87 | 359.33 |
Change in Accounts Receivable | -242.7 | -84.37 | 1,348 | -1,777 | -730.61 | -332.32 |
Change in Inventory | -32.3 | -30.3 | -12.61 | -3.12 | -7.77 | -2.05 |
Change in Accounts Payable | 255.99 | 185.84 | 21.35 | 119.83 | 91.04 | 30.4 |
Change in Unearned Revenue | -19.62 | -10.15 | 25.59 | -4.66 | -5.68 | -2.86 |
Change in Other Net Operating Assets | -162.01 | -2.68 | 296.14 | -3.84 | -207.87 | 186.15 |
Other Operating Activities | -233.79 | -148.55 | -470.44 | -393.13 | -209.33 | -82.78 |
Operating Cash Flow | 4,981 | 4,300 | 6,353 | 5,425 | 4,235 | 4,047 |
Operating Cash Flow Growth | 8.52% | -32.31% | 17.11% | 28.08% | 4.64% | 77.78% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -765.78 | -541.38 | -284.09 | -189.41 | -169.01 | -176.81 |
Sale of Property, Plant & Equipment | 9.35 | 8.83 | - | - | 0.2 | - |
Cash Acquisitions | - | - | -67.88 | - | - | -598.26 |
Sale (Purchase) of Intangibles | -2.62 | -17.51 | -0.32 | -1.27 | -1.24 | -2.39 |
Investment in Securities | -1,391 | -265 | 1,253 | -1,320 | -792.86 | -818.41 |
Other Investing Activities | 229.49 | 265.77 | 305.88 | 281.28 | 212.04 | 53.92 |
Investing Cash Flow | -1,921 | -549.3 | 1,207 | -1,229 | -750.86 | -1,542 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Long-Term Debt Issued | - | - | - | - | - | 635.22 |
Long-Term Debt Repaid | - | -102.79 | -98.79 | -101.56 | -97.67 | -104.37 |
Net Debt Issued (Repaid) | -96.9 | -102.79 | -98.79 | -101.56 | -97.67 | 530.85 |
Issuance of Common Stock | - | - | - | 2.68 | - | 0.02 |
Common Dividends Paid | -3,182 | -4,042 | -6,287 | -4,349 | -3,831 | -2,286 |
Financing Cash Flow | -3,279 | -4,145 | -6,386 | -4,448 | -3,929 | -1,756 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 Cash Flow | -218.78 | -393.88 | 1,174 | -253.1 | -444.16 | 750.05 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 4,215 | 3,759 | 6,069 | 5,235 | 4,066 | 3,871 |
Free Cash Flow Growth | -2.47% | -38.06% | 15.93% | 28.74% | 5.05% | 83.50% |
Free Cash Flow Margin | 37.06% | 38.96% | 66.40% | 42.95% | 42.96% | 59.65% |
Free Cash Flow Per Share | 9.37 | 8.36 | 13.49 | 11.65 | 9.07 | 8.63 |
Levered Free Cash Flow | 4,290 | 3,015 | 4,888 | 3,658 | 3,156 | 2,865 |
Unlevered Free Cash Flow | 4,303 | 3,029 | 4,904 | 3,675 | 3,163 | 2,875 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | 9.95 | 12.24 | 18.84 | 15.19 | 2.66 | 1.63 |
Cash Income Tax Paid | 767.86 | 531.68 | 836.25 | 1,200 | 928.25 | 675.89 |
Change in Working Capital | -200.65 | 58.34 | 1,679 | -1,669 | -860.88 | -120.68 |