S.C. Iproeb 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	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Jan '21 Jan 1, 2021
Net Income	12.85	19.97	16.98	21.53	3.86	0.95
Depreciation & Amortization	3.46	3.55	3.46	2.65	3.06	2.9
Loss (Gain) From Sale of Assets	0.08	-0.3	0.24	-0.02	-	-
Asset Writedown & Restructuring Costs	0.8	0.8	-	-	-	-
Other Operating Activities	5.55	1.11	3.52	-1.58	-2.88	-7.44
Change in Accounts Receivable	-4.03	-1.96	-8.96	-1.04	-	-
Change in Inventory	-4.25	11.07	17.97	-33.7	-	-
Change in Accounts Payable	6.09	-0.4	-8.82	-7.09	-	-
Operating Cash Flow	20.53	33.84	24.39	-19.25	4.04	-3.59
Operating Cash Flow Growth	-45.01%	38.77%	-	-	-	-
Capital Expenditures	-34.04	-38.45	-7.95	-4.57	-4.27	-3.44
Sale of Property, Plant & Equipment	0.22	0.5	0.04	0.1	1.69	0.12
Sale (Purchase) of Intangibles	-0.09	-0.12	-0.08	-0.24	-	-
Other Investing Activities	1.61	1.15	-0.86	-0.2	0	-
Investing Cash Flow	-32.29	-36.92	-8.85	-4.92	-2.58	-3.32
Short-Term Debt Issued	-	7	-	-	-	-
Long-Term Debt Issued	-	-	-	7.74	91.96	39.42
Total Debt Issued	13.48	7	-	7.74	91.96	39.42
Short-Term Debt Repaid	-	-	-9.53	-	-	-37.33
Long-Term Debt Repaid	-	-0.15	-0.14	-0.13	-	-
Total Debt Repaid	-0.08	-0.15	-9.67	-0.13	-	-37.33
Net Debt Issued (Repaid)	13.39	6.85	-9.67	7.61	91.96	2.09
Issuance of Common Stock	-	-	-	23.3	-	-
Common Dividends Paid	-	-	-	-	-0.07	-
Other Financing Activities	-0.36	-0.14	-0.37	-0.29	-92.42	-
Financing Cash Flow	13.03	6.71	-10.04	30.62	-0.53	2.09
Miscellaneous Cash Flow Adjustments	-	-	0	-	0	-
Net Cash Flow	1.27	3.63	5.49	6.45	0.94	-4.82
Free Cash Flow	-13.51	-4.61	16.43	-23.82	-0.23	-7.03
Free Cash Flow Margin	-7.05%	-2.43%	8.54%	-13.07%	-0.15%	-6.89%
Free Cash Flow Per Share	-0.11	-0.04	0.13	-0.19	-0.01	-0.15
Cash Interest Paid	0.36	0.14	0.37	0.29	92.42	0.07
Cash Income Tax Paid	1.18	3.65	1.82	3.27	0	0.34
Levered Free Cash Flow	-11.56	-12.23	9.31	-30.56	-2.07	-3.86
Unlevered Free Cash Flow	-11.33	-12.14	9.54	-30.38	-1.97	-3.81
Change in Working Capital	-2.19	8.72	0.19	-41.83	-	-

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