Practic 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	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Net Income	29.53	35.71	26.87	37.82	25.45
Depreciation & Amortization	6.25	4.61	4.59	4.62	5.41
Other Operating Activities	-3.7	-8.82	-3.89	-22.39	-6.62
Operating Cash Flow	32.08	31.5	27.57	20.05	24.25
Operating Cash Flow Growth	1.85%	14.24%	37.52%	-17.32%	1.83%
Acquisition of Real Estate Assets	-0.19	-0.51	-1.46	-0.23	-0.36
Sale of Real Estate Assets	0	-	-	39.58	-
Net Sale / Acq. of Real Estate Assets	-0.19	-0.51	-1.46	39.35	-0.36
Investment in Marketable & Equity Securities	-0.78	-0.39	1.03	-0.36	5.93
Other Investing Activities	5.23	5.43	3.83	3.97	6.63
Investing Cash Flow	4.26	4.53	3.4	42.96	12.21
Long-Term Debt Issued	62.82	-	-	-	-
Long-Term Debt Repaid	-28.29	-4.97	-4.95	-4.93	-4.92
Net Debt Issued (Repaid)	34.53	-4.97	-4.95	-4.93	-4.92
Common Dividends Paid	-66.67	-28.99	-24.33	-55.6	-30.01
Other Financing Activities	-4.04	-1.85	-1.9	-2.59	-1.43
Net Cash Flow	0.15	0.22	-0.2	-0.12	0.1
Cash Interest Paid	1.53	2.07	2.21	1.54	1.64
Cash Income Tax Paid	9.29	6.59	6.29	11.84	6.02
Levered Free Cash Flow	13.51	27.51	33.27	24.99	9.98
Unlevered Free Cash Flow	14.43	28.78	34.66	26	11.04

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