ATC CARGO Cash Flow Statement

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

Millions PLN. 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	Dec '21 Dec 31, 2021
Net Income	7.23	16.53	11.19	26.11	20.59
Depreciation & Amortization	2.15	2.05	2	1.94	1.72
Loss (Gain) From Sale of Assets	-0.05	-2.13	-0.01	-0.03	-0.24
Other Operating Activities	0.45	0.23	-0	0.36	0.23
Change in Accounts Receivable	7.94	-11.49	3.84	9.3	-20.61
Change in Inventory	3.18	0.84	-3.07	11.25	-6.25
Change in Other Net Operating Assets	-0.05	5.16	-11.69	-23.38	29.59
Operating Cash Flow	20.86	11.2	2.25	25.56	25.04
Operating Cash Flow Growth	86.25%	397.17%	-91.19%	2.08%	161.24%
Capital Expenditures	-1.72	-1.22	-0.62	-0.4	-1.46
Sale of Property, Plant & Equipment	0.4	0.85	0.28	0.34	4.19
Sale (Purchase) of Real Estate	-0.14	-	-	-0.2	-0.84
Investment in Securities	-0.5	2.16	-	-	-
Other Investing Activities	-	-3.61	-	-	-
Investing Cash Flow	-1.96	-1.82	-0.34	-0.27	1.89
Short-Term Debt Issued	-	-	0.09	-	-
Long-Term Debt Issued	0.05	-	-	-	-
Total Debt Issued	0.05	-	0.09	-	-
Long-Term Debt Repaid	-0.07	-1.12	-0.87	-1.21	-4.27
Total Debt Repaid	-0.07	-1.12	-0.87	-1.21	-4.27
Net Debt Issued (Repaid)	-0.03	-1.12	-0.77	-1.21	-4.27
Common Dividends Paid	-13.26	-5.64	-19.89	-	-3.05
Other Financing Activities	-0.45	-0.63	-0.51	-0.36	-0.23
Financing Cash Flow	-13.74	-7.38	-21.18	-1.57	-7.55
Foreign Exchange Rate Adjustments	-0.06	0.01	-0.03	-0	-0.05
Net Cash Flow	5.1	2.01	-19.3	23.72	19.34
Free Cash Flow	19.13	9.98	1.63	25.15	23.58
Free Cash Flow Growth	91.78%	511.07%	-93.51%	6.69%	160.74%
Free Cash Flow Margin	4.75%	2.10%	0.50%	5.03%	5.75%
Free Cash Flow Per Share	2.89	1.50	0.25	3.79	3.56
Cash Interest Paid	0.45	0.63	0.51	0.36	0.23
Levered Free Cash Flow	31.67	-5.17	-1.6	19.15	19.47
Unlevered Free Cash Flow	31.95	-4.76	-1.27	19.41	19.64
Change in Working Capital	11.08	-5.49	-10.93	-2.82	2.74

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.