Budimex SA (WSE:BDX)
Poland · Delayed Price · Currency is PLN 753.00
+18.40 (2.50%)
Nov 4, 2026, 5:03 PM CET
Budimex Cash Flow Statement
Financials in millions PLN. Fiscal year is January - December.
Millions PLN. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 | 739.1 | 748.01 | 615.92 | 738.2 | 534.44 | 971.6 |
Depreciation & Amortization | 227.36 | 183.96 | 151.26 | 149.57 | 143.79 | 146.05 |
Other Amortization | 8.19 | 8.19 | 8.01 | 7.74 | 8.6 | - |
Loss (Gain) From Sale of Assets | -8.18 | -8.46 | -6.04 | -11.32 | -21.56 | -592.1 |
Loss (Gain) From Sale of Investments | 2.25 | 2.25 | -0.34 | 1.47 | -2.15 | -4.15 |
Loss (Gain) on Equity Investments | 0.27 | 0.38 | -0.12 | -0.31 | -0.14 | -0.07 |
Other Operating Activities | -197.02 | -45.12 | 125.5 | 170.53 | -18.62 | -586.53 |
Change in Accounts Receivable | 202.01 | -267.78 | -235.16 | -31.18 | 680.63 | -65.92 |
Change in Inventory | -111.51 | -156.29 | -18.29 | 139.92 | -314.82 | -114.03 |
Change in Unearned Revenue | 224.74 | 253.71 | -76.7 | 141.85 | 414.64 | 101.74 |
Change in Other Net Operating Assets | - | - | - | 5.56 | 2.95 | 271.99 |
Operating Cash Flow | 1,087 | 718.87 | 564.05 | 1,312 | 1,428 | 765.45 |
Operating Cash Flow Growth | 54.14% | 27.45% | -57.01% | -8.11% | 86.53% | -13.75% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Capital Expenditures | -266.87 | -323.77 | -253.5 | -141.95 | -125.19 | -104.51 |
Sale of Property, Plant & Equipment | 25.21 | 26.73 | 7.25 | 17.06 | 8.63 | 20.67 |
Cash Acquisitions | -19.35 | -44.35 | -33.86 | -9.99 | -50.6 | - |
Divestitures | - | - | - | - | - | 918.43 |
Investment in Securities | 3.11 | 3.11 | 0 | 3.07 | -0.63 | -7.57 |
Other Investing Activities | 0.02 | 0.01 | 0.02 | - | -1.91 | 0.02 |
Investing Cash Flow | -257.88 | -419.59 | -280.08 | -131.81 | -169.69 | 827.04 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Long-Term Debt Issued | - | 146.43 | 20.01 | 42.94 | - | - |
Long-Term Debt Repaid | - | -86.46 | -78.59 | -88.28 | -99.54 | -162.54 |
Lease Payments | -89.93 | -77.91 | -70.19 | -77.3 | -89.87 | -152.98 |
Net Debt Issued (Repaid) | 31.12 | 59.97 | -58.58 | -45.35 | -99.54 | -162.54 |
Common Dividends Paid | -827.69 | -649.23 | -911.17 | -459.29 | -599.19 | -806.75 |
Other Financing Activities | -28.3 | -16.08 | -10.59 | -20.66 | -22.19 | -19.09 |
Financing Cash Flow | -824.87 | -605.34 | -980.34 | -525.29 | -720.92 | -988.38 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Foreign Exchange Rate Adjustments | 1.39 | 0.31 | 1.45 | 1.55 | -0.63 | -0.72 |
Net Cash Flow | 5.85 | -305.75 | -694.92 | 656.48 | 536.53 | 603.39 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | 820.34 | 395.1 | 310.55 | 1,170 | 1,303 | 660.94 |
Free Cash Flow Growth | 105.32% | 27.22% | -73.46% | -10.17% | 97.08% | -20.01% |
Free Cash Flow Margin | 8.13% | 4.19% | 3.41% | 11.94% | 15.11% | 8.35% |
Free Cash Flow Per Share | 32.13 | 15.48 | 12.16 | 45.83 | 51.02 | 25.89 |
Levered Free Cash Flow | 591.01 | 80.84 | 124.24 | 959.95 | 1,114 | 925.26 |
Unlevered Free Cash Flow | 609.16 | 97.74 | 133.89 | 968.79 | 1,119 | 928.26 |
Free Cash Flow After Leases | 730.41 | 317.19 | 240.37 | 1,093 | 1,213 | 507.97 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Cash Interest Paid | 21.45 | 15.33 | 14.84 | 11.66 | 9.26 | 7.25 |
Cash Income Tax Paid | 210.76 | 198.11 | 205.86 | 230.75 | 185.82 | 308.89 |
Change in Working Capital | 315.24 | -170.35 | -330.14 | 256.15 | 783.4 | 193.77 |