Caspar Asset Management 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	Mar '25 Mar 31, 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	2.21	2.32	3.6	5.72	10.54	26.06
Depreciation & Amortization	3.36	2.87	2.66	2.64	1.59	0.75
Stock-Based Compensation	0.06	0.05	-	-	-	-
Other Adjustments	-0.53	-0.83	-0.85	-1.53	-7.02	0.14
Change in Receivables	-1.24	-1.02	0.05	0.36	29.27	-28.03
Changes in Accounts Payable	-0.2	-0.18	0.15	0.32	-6.41	10.79
Changes in Accrued Expenses	0.88	0.82	-0.17	-0.24	0.06	0.21
Operating Cash Flow	4.13	4.03	5.44	7.27	28.03	9.92
Operating Cash Flow Growth	-13.28%	-25.95%	-25.16%	-74.07%	182.71%	165.48%
Capital Expenditures	-0.04	-0.11	-0.2	-0.49	-0.54	0.21
Sale of Property, Plant & Equipment	-	0	0.14	0.05	0.12	0
Purchases of Intangible Assets	-0.56	-1.14	-0.93	-1.54	-0.91	0.34
Purchases of Investments	-0.25	-	-	-2.25	-9.06	-
Proceeds from Sale of Investments	-	0.9	1.58	5.67	4.06	-
Cash Acquisitions	0.01	0.04	-	-	-	-
Other Investing Activities	0.15	0.15	0.18	0.16	0.04	0.13
Investing Cash Flow	0.06	-0.16	0.78	1.6	-6.29	-3.61
Common Dividends Paid	-	-2.07	-5.52	-6.71	-17.34	5.52
Other Financing Activities	-2.04	-1.9	-1.9	-1.63	-1.14	0.22
Financing Cash Flow	-3.7	-3.97	-7.42	-8.33	-18.48	-5.74
Net Cash Flow	0.49	-0.1	-1.2	0.54	3.27	0.56
Free Cash Flow	4.09	3.92	5.25	6.78	27.49	10.12
Free Cash Flow Growth	-14.01%	-25.30%	-22.61%	-75.34%	171.64%	186.47%
FCF Margin	11.79%	9.91%	16.54%	19.57%	73.27%	18.45%
Free Cash Flow Per Share	0.41	0.40	0.53	0.69	2.79	5.13
Levered Free Cash Flow	6.17	5.17	4.94	6.47	2.98	38.14
Unlevered Free Cash Flow	4.44	4.73	4.9	6.25	3.17	38.09