Balticon Cash Flow Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	5.23	1.93	7.63	4.42	5.81
Depreciation & Amortization	10.87	10.42	9.52	9.01	9.37
Loss (Gain) From Sale of Assets	0.26	-2.79	-5.13	-0.92	-0.36
Other Operating Activities	1.56	1	1.71	0.25	2.07
Change in Accounts Receivable	-3.67	-0.01	-4.13	-4.22	3.91
Change in Inventory	-5.25	4.32	3.96	-17	0.13
Change in Other Net Operating Assets	7.61	-0.02	-0.69	7.58	-6.8
Operating Cash Flow	16.64	14.9	12.88	-0.87	14.13
Operating Cash Flow Growth	11.64%	15.66%	-	-	37.36%
Capital Expenditures	-18.74	-9.68	-10.31	-10.4	-3.7
Sale of Property, Plant & Equipment	0.49	5.54	12.68	0.74	0.59
Investment in Securities	0.54	-1.14	-1.3	-0.06	0.44
Other Investing Activities	-0.09	-	-	-	0
Investing Cash Flow	-17.8	-5.28	1.07	-9.72	-2.67
Long-Term Debt Issued	13.07	3.6	1.64	15.61	-
Long-Term Debt Repaid	-9.33	-10.88	-15.02	-10.29	-12.65
Net Debt Issued (Repaid)	3.74	-7.29	-13.38	5.32	-12.65
Common Dividends Paid	-0.56	-0.53	-0.4	-	-
Other Financing Activities	-2.65	-1.27	-0.09	3.28	-0.52
Financing Cash Flow	0.53	-9.09	-13.87	8.6	-13.17
Miscellaneous Cash Flow Adjustments	-	-0	-	-	-
Net Cash Flow	-0.64	0.53	0.08	-1.99	-1.71
Free Cash Flow	-2.1	5.23	2.58	-11.28	10.43
Free Cash Flow Growth	-	102.76%	-	-	564.20%
Free Cash Flow Margin	-0.77%	2.27%	1.14%	-6.02%	5.96%
Free Cash Flow Per Share	-0.68	1.68	0.83	-3.63	3.36
Cash Interest Paid	2.65	2.16	1.45	0.48	0.65
Levered Free Cash Flow	-4.39	6.97	-2.26	2.61	19.21
Unlevered Free Cash Flow	-2.55	8.72	-1.32	2.92	19.68
Change in Working Capital	-1.31	4.29	-0.86	-13.63	-2.76

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