Boryszew 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	113.2	110.49	122.06	106.63	72.8	279.11
Depreciation & Amortization	147.83	153.81	154.87	172.53	170.74	190.12
Other Amortization	4.86	4.86	4.03	5.35	3.46	5.17
Loss (Gain) From Sale of Assets	-108.05	-126.39	-106.57	-116.22	-136.52	-464.13
Other Operating Activities	42.64	37.97	32.12	78.25	57.21	66.36
Change in Accounts Receivable	104.23	-50.73	175.1	200.78	-282.08	-159.55
Change in Inventory	40.38	136.7	137.08	-50.35	-57.05	63.96
Change in Other Net Operating Assets	-194.75	-180.1	-99.86	-110.86	324.26	8.09
Operating Cash Flow	150.33	86.61	418.82	286.11	152.81	-10.88
Operating Cash Flow Growth	-9.13%	-79.32%	46.39%	87.23%	-	-
Sale of Property, Plant & Equipment	27.29	128.96	80.92	133.77	42.92	42.83
Divestitures	-	-	-	-	239.59	470.4
Investment in Securities	-17.27	-23.82	10.06	102.97	1.58	-188.94
Other Investing Activities	-106.32	-132.92	-194.86	-254.65	-156.92	-189.51
Investing Cash Flow	-87.8	-22.68	-59.23	-30.29	104.62	113.6
Long-Term Debt Issued	-	231.13	200.55	377.06	213.65	420.58
Long-Term Debt Repaid	-	-180.66	-289.4	-431.97	-421.32	-519.11
Net Debt Issued (Repaid)	-1.17	50.47	-88.86	-54.92	-207.68	-98.53
Common Dividends Paid	-70.91	-89.15	-149.93	-186.4	-	-0.03
Other Financing Activities	-46.71	-33.11	-62.03	-39.5	-14.87	-16.78
Financing Cash Flow	-118.8	-71.8	-300.81	-280.81	-222.55	-115.34
Foreign Exchange Rate Adjustments	-1.27	-2.69	-3.93	1.96	-1.76	2.38
Miscellaneous Cash Flow Adjustments	-22.08	-	-	-0.28	-30.62	-24.19
Net Cash Flow	-79.61	-10.55	54.85	-23.31	2.51	-34.43
Cash Interest Paid	53.72	56.43	59.11	47.12	32.77	48.05
Cash Income Tax Paid	32.7	36.95	66.52	90.39	68.09	51.34
Levered Free Cash Flow	-37.26	60.52	407.75	387.2	43.52	332.12
Unlevered Free Cash Flow	8.48	104.88	457.18	427.59	65.3	365.37
Change in Working Capital	-50.15	-94.14	212.32	39.57	-14.87	-87.51

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