Bowim Cash Flow Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	12.56	0.65	-10.55	13.2	109.57	150.85
Depreciation & Amortization	10.61	10.31	9.38	9.33	7.01	6.4
Other Amortization	-	-	1.25	1.25	0.24	0.03
Loss (Gain) From Sale of Assets	0	-	0	-0.07	-0.21	0.14
Provision & Write-off of Bad Debts	0.88	-	0.1	-2.88	5.68	19.06
Other Operating Activities	1.77	2.58	11.39	13.1	-16.72	-30.65
Change in Accounts Receivable	-6.9	-	20.94	52.86	25.39	-138
Change in Inventory	-16.76	-	-0.64	33.54	18.83	-128.78
Change in Other Net Operating Assets	29.35	-	-14.74	0.37	-61.77	161.11
Operating Cash Flow	31.52	13.54	17.13	120.71	88.03	40.17
Operating Cash Flow Growth	66.14%	-21.00%	-85.81%	37.12%	119.15%	0.68%
Capital Expenditures	-0.28	-	-8.15	-9.42	-3.12	-7.83
Sale of Property, Plant & Equipment	-0	-	0.45	0.39	0.16	0.22
Sale (Purchase) of Real Estate	6.42	-	-	-	6.18	-5.61
Other Investing Activities	-7.61	-7.61	-	-	-	-
Investing Cash Flow	-3.03	-7.61	-7.7	-9.02	3.21	-13.23
Long-Term Debt Issued	-	-	0.1	-	7.8	3.31
Long-Term Debt Repaid	-	-	-11.2	-52.71	-29.62	-14.08
Net Debt Issued (Repaid)	-6.06	-	-11.1	-52.71	-21.82	-10.77
Repurchase of Common Stock	-	-	-	-	-	-3.8
Common Dividends Paid	-	-	-1.7	-20.45	-42.95	-2.06
Other Financing Activities	-9.82	-10.81	-16.09	-24.1	-16.43	-7.38
Financing Cash Flow	-15.88	-10.81	-28.9	-97.27	-81.21	-24.01
Miscellaneous Cash Flow Adjustments	0	0	-	-	-	-
Net Cash Flow	12.61	-4.89	-19.46	14.41	10.04	2.93
Free Cash Flow	31.24	13.54	8.99	111.29	84.91	32.34
Free Cash Flow Growth	218.21%	50.61%	-91.92%	31.07%	162.57%	-6.59%
Free Cash Flow Margin	1.80%	0.77%	0.49%	5.46%	3.08%	1.43%
Free Cash Flow Per Share	-	0.79	0.53	6.53	4.35	1.66
Cash Interest Paid	-	-	14.69	21.3	22.34	5.04
Cash Income Tax Paid	-	-	1.22	2.6	35.73	43.12
Levered Free Cash Flow	45.08	32.82	1.1	103.06	48.75	36.1
Unlevered Free Cash Flow	45.08	32.82	10.27	116.48	63.53	39.33
Change in Working Capital	5.7	-	5.56	86.77	-17.55	-105.67

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