Christian'76 Tour 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	31.87	26.16	30
Depreciation & Amortization	8.58	5.86	5.19
Other Amortization	1.09	0.42	0.42
Loss (Gain) From Sale of Assets	-0.5	-	-
Provision & Write-off of Bad Debts	2.38	-0.06	3.67
Other Operating Activities	-2.78	-4.96	0.55
Change in Accounts Receivable	-23.84	25.35	-11.49
Change in Accounts Payable	-11.39	-23.48	26.54
Change in Unearned Revenue	-5.49	32.64	-15.05
Change in Other Net Operating Assets	5.94	-45.61	-4.92
Operating Cash Flow	5.86	16.33	34.9
Operating Cash Flow Growth	-64.10%	-53.21%	-
Capital Expenditures	-0.94	-0.81	-2.17
Sale of Property, Plant & Equipment	2.39	-	-
Cash Acquisitions	-10.31	-	-
Sale (Purchase) of Intangibles	-2.59	-1.58	-0.03
Investment in Securities	-	-	4.96
Other Investing Activities	35.39	-15.27	-10.89
Investing Cash Flow	23.94	-17.66	-8.14
Long-Term Debt Issued	34.24	8.98	5
Long-Term Debt Repaid	-32.43	-12.26	-12.37
Net Debt Issued (Repaid)	1.82	-3.28	-7.37
Common Dividends Paid	-34	-3.52	-1.81
Financing Cash Flow	-32.18	-6.8	-9.18
Net Cash Flow	-2.39	-8.13	17.59
Free Cash Flow	4.92	15.52	32.73
Free Cash Flow Growth	-68.27%	-52.59%	-
Free Cash Flow Margin	0.61%	2.53%	5.46%
Free Cash Flow Per Share	0.03	0.10	0.22
Cash Interest Paid	3.23	1.53	0.61
Cash Income Tax Paid	4.34	2.57	2.74
Levered Free Cash Flow	41.71	-11.53	-
Unlevered Free Cash Flow	43.43	-10.29	-
Change in Working Capital	-34.79	-11.09	-4.91