Bowim Cash Flow Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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	-9.51	-10.55	13.2	109.57	150.85	17.08
Depreciation & Amortization	9.76	9.38	9.33	7.01	6.4	5.62
Other Amortization	1.25	1.25	1.25	0.24	0.03	0.03
Loss (Gain) From Sale of Assets	-0.77	0	-0.07	-0.21	0.14	0.31
Provision & Write-off of Bad Debts	1.48	0.1	-2.88	5.68	19.06	0.09
Other Operating Activities	11.22	11.39	13.1	-16.72	-30.65	3.38
Change in Accounts Receivable	5.03	20.94	52.86	25.39	-138	0.04
Change in Inventory	-1.42	-0.64	33.54	18.83	-128.78	1.64
Change in Other Net Operating Assets	16.58	-14.74	0.37	-61.77	161.11	11.71
Operating Cash Flow	33.61	17.13	120.71	88.03	40.17	39.9
Operating Cash Flow Growth	-	-85.81%	37.12%	119.15%	0.68%	329.55%
Capital Expenditures	-12.53	-8.15	-9.42	-3.12	-7.83	-5.28
Sale of Property, Plant & Equipment	0.65	0.45	0.39	0.16	0.22	0.1
Sale (Purchase) of Real Estate	-8.31	-	-	6.18	-5.61	-
Other Investing Activities	0.2	-	-	-	-	-
Investing Cash Flow	-13.39	-7.7	-9.02	3.21	-13.23	-5.18
Long-Term Debt Issued	-	0.1	-	7.8	3.31	5.55
Long-Term Debt Repaid	-	-11.2	-52.71	-29.62	-14.08	-26.19
Net Debt Issued (Repaid)	-1.75	-11.1	-52.71	-21.82	-10.77	-20.63
Repurchase of Common Stock	-	-	-	-	-3.8	-3.8
Common Dividends Paid	-	-1.7	-20.45	-42.95	-2.06	-
Other Financing Activities	-15.16	-16.09	-24.1	-16.43	-7.38	-7.5
Financing Cash Flow	-16.92	-28.9	-97.27	-81.21	-24.01	-31.93
Net Cash Flow	3.3	-19.46	14.41	10.04	2.93	2.79
Free Cash Flow	21.08	8.99	111.29	84.91	32.34	34.62
Free Cash Flow Growth	-	-91.92%	31.07%	162.57%	-6.59%	4906.77%
Free Cash Flow Margin	1.17%	0.49%	5.46%	3.08%	1.43%	2.87%
Free Cash Flow Per Share	1.24	0.53	6.53	4.35	1.66	1.77
Cash Interest Paid	12.52	14.69	21.3	22.34	5.04	5.27
Cash Income Tax Paid	0.27	1.22	2.6	35.73	43.12	2.23
Levered Free Cash Flow	19.15	1.1	103.06	48.75	36.1	29.25
Unlevered Free Cash Flow	27.69	10.27	116.48	63.53	39.33	32.61
Change in Working Capital	20.19	5.56	86.77	-17.55	-105.67	13.39

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.