Turbomecanica Cash Flow Statement

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

Millions RON. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	1.35	2.9	16.16	11.15	12.19	11.75
Depreciation & Amortization	13.12	13.12	11.72	7.74	11.15	10.98
Loss (Gain) From Sale of Assets	-0.01	-0.01	1.11	0.01	0.1	0.1
Asset Writedown & Restructuring Costs	-	-	-	-0.87	-	-
Provision & Write-off of Bad Debts	0.01	0.01	-0.14	-0.14	-0.03	0.1
Other Operating Activities	-25.45	1.63	3.14	0.43	-2.4	2.65
Change in Accounts Receivable	-5.18	-3.01	7.82	-0.36	-11.32	14.16
Change in Inventory	14.18	8.01	-23.14	-26.09	2.88	-34.68
Change in Accounts Payable	-9.63	-4.89	-3.76	2.71	0.66	5.01
Change in Unearned Revenue	-13.38	-13.38	-1.49	32.7	-	-
Operating Cash Flow	-10.98	4.39	11.41	27.27	13.23	10.06
Operating Cash Flow Growth	-	-61.57%	-58.15%	106.11%	31.46%	231.98%
Capital Expenditures	0.26	-5.7	-3.27	-13.28	-6.95	-2.04
Sale of Property, Plant & Equipment	0.19	0.19	-	-	0.05	-
Sale (Purchase) of Intangibles	-1.15	-1.15	-1.23	-1.07	-1	-0.67
Investment in Securities	22	22	-4	-12.12	-5.88	-
Investing Cash Flow	21.3	15.34	-8.5	-26.47	-13.77	-2.71
Long-Term Debt Issued	-	0.05	12.37	5.12	4.63	8.07
Long-Term Debt Repaid	-	-4.62	-4.22	-9.25	-1.71	-0.93
Net Debt Issued (Repaid)	-1.24	-4.57	8.15	-4.13	2.92	7.14
Common Dividends Paid	-9.15	-9.15	-8.39	-7.93	-9.29	-0.69
Other Financing Activities	0.02	-	-	-	-	-
Financing Cash Flow	-10.37	-13.71	-0.25	-12.06	-6.38	6.45
Net Cash Flow	-0.05	6.02	2.67	-11.26	-6.92	13.81
Free Cash Flow	-10.72	-1.32	8.15	13.99	6.28	8.03
Free Cash Flow Growth	-	-	-41.76%	122.82%	-21.76%	-
Free Cash Flow Margin	-8.64%	-0.99%	5.82%	10.65%	4.51%	6.11%
Free Cash Flow Per Share	-	-0.00	0.02	0.04	0.02	0.02
Cash Interest Paid	3.74	3.74	3.14	2.22	2.48	1.82
Cash Income Tax Paid	2.6	2.6	5.91	3.39	2.91	2.9
Levered Free Cash Flow	-1.04	-1.69	7.27	11.09	5.58	-4.64
Unlevered Free Cash Flow	1.21	0.65	9.23	12.47	7.13	-3.61
Change in Working Capital	-0.01	-13.27	-20.57	8.95	-7.78	-15.51

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