Atrem 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	37.61	15.61	5.95	2.53	6.18
Depreciation & Amortization	2.68	2.02	2.08	2.28	2.48
Loss (Gain) From Sale of Assets	-0.01	-0.35	0.08	-0.05	0.09
Asset Writedown & Restructuring Costs	-0.58	-0.74	-0.83	0.06	-
Provision & Write-off of Bad Debts	-0.02	0.11	0.05	-	-
Other Operating Activities	-0.4	-3.14	2	0.43	-0.18
Change in Accounts Receivable	-47.42	-5.46	-0.12	19.62	-24.36
Change in Inventory	-1.97	0.17	0.07	0.02	1.03
Change in Other Net Operating Assets	30.62	23.81	6.59	-20.82	23.52
Operating Cash Flow	20.53	32.03	15.88	4.07	8.77
Operating Cash Flow Growth	-35.91%	101.70%	290.41%	-53.62%	290.91%
Capital Expenditures	-0.7	-1.06	-0.54	-0.49	-
Sale of Property, Plant & Equipment	0.04	0.92	0.16	0.26	0.02
Cash Acquisitions	-	-0.01	-	-	-
Other Investing Activities	1.53	0.48	1.1	0.3	2.85
Investing Cash Flow	11.77	-31.45	-15.34	0.17	1.12
Long-Term Debt Issued	16.71	18.57	9.94	7.77	-
Total Debt Issued	16.71	18.57	9.94	7.77	-
Short-Term Debt Repaid	-	-	-	-	-5.67
Long-Term Debt Repaid	-24.11	-9.56	-7.73	-7.79	-1.39
Total Debt Repaid	-24.11	-9.56	-7.73	-7.79	-7.06
Net Debt Issued (Repaid)	-7.4	9.01	2.21	-0.02	-7.06
Common Dividends Paid	-15.6	-4.52	-1.02	-6.09	-
Other Financing Activities	-3.08	-2.91	-1.65	-0.76	-0.35
Financing Cash Flow	-26.08	1.59	-0.46	-6.87	-7.41
Net Cash Flow	6.21	2.17	0.08	-2.63	2.49
Free Cash Flow	19.83	30.97	15.34	3.58	8.77
Free Cash Flow Growth	-35.96%	101.90%	328.20%	-59.15%	331.50%
Free Cash Flow Margin	6.36%	16.52%	10.77%	3.23%	8.72%
Free Cash Flow Per Share	2.15	3.35	1.66	0.39	0.95
Cash Interest Paid	3.08	2.91	1.65	0.76	0.35
Cash Income Tax Paid	8.24	7.09	-	-	-
Levered Free Cash Flow	30.17	8.44	-2.33	2.41	3.8
Unlevered Free Cash Flow	31.14	9.62	-1.64	3.01	4.16
Change in Working Capital	-18.76	18.52	6.54	-1.18	0.2

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