Med Life 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	Jan '22 Jan 1, 2022
Net Income	11.27	25.04	3.68	32.17	102.61
Depreciation & Amortization	285.72	253.94	194.75	152.41	113.76
Loss (Gain) From Sale of Assets	-1.77	-	-	-	-
Asset Writedown & Restructuring Costs	0.07	0.65	2.64	-	-
Loss (Gain) From Sale of Investments	-3.24	-	-	-	-
Stock-Based Compensation	1.6	-	-	-	-
Provision & Write-off of Bad Debts	8.05	6.48	2.69	4.85	5.27
Other Operating Activities	38.17	13.98	16.26	12.12	10.27
Change in Accounts Receivable	-9.31	-81.97	-61.54	-36.11	-6.51
Change in Inventory	-3.9	-36.4	-5.96	-12.2	-5.9
Change in Accounts Payable	-104.03	109.39	30.13	31.22	8.75
Change in Other Net Operating Assets	0.08	-5.48	0.86	0.16	-0.86
Operating Cash Flow	222.7	285.62	183.51	184.62	227.4
Operating Cash Flow Growth	-22.03%	55.65%	-0.60%	-18.81%	76.74%
Capital Expenditures	-219.18	-236.74	-201.32	-149.11	-91.53
Sale of Property, Plant & Equipment	2.67	-	-	-	-
Cash Acquisitions	-10.64	-51.51	-66.54	-316.55	-52.5
Sale (Purchase) of Intangibles	-8.54	-19.28	-18.64	-20.24	-5.39
Investing Cash Flow	-235.69	-307.52	-286.5	-485.91	-149.42
Long-Term Debt Issued	319.75	221.54	284.58	411.84	84.2
Long-Term Debt Repaid	-232.8	-183.59	-161.52	-142.83	-102.9
Net Debt Issued (Repaid)	86.95	37.95	123.07	269.02	-18.69
Repurchase of Common Stock	-1.47	-1.08	-0.49	-7.85	-3.67
Other Financing Activities	-9.12	-2.44	-8.38	-6.66	-1.73
Financing Cash Flow	76.36	34.43	114.2	254.5	-24.09
Net Cash Flow	63.37	12.54	11.2	-46.79	53.89
Free Cash Flow	3.52	48.89	-17.81	35.51	135.87
Free Cash Flow Growth	-92.80%	-	-	-73.87%	198.31%
Free Cash Flow Margin	0.11%	1.80%	-0.80%	1.96%	9.45%
Free Cash Flow Per Share	0.01	0.09	-0.03	0.07	0.26
Cash Interest Paid	82.7	83.88	61.66	32.38	28.82
Cash Income Tax Paid	25.68	22.28	14.17	12.83	26.56
Levered Free Cash Flow	75.4	136.99	0.38	28.07	142.59
Unlevered Free Cash Flow	131.07	196.72	48.08	49.52	156.09
Change in Working Capital	-117.16	-14.46	-36.52	-16.94	-4.52

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