Dino Polska 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	-	1,172	1,739	1,402	978.41	789
Depreciation & Amortization	-	312.92	356.83	300.13	247.34	198.15
Other Adjustments	19.4	208.14	144.84	150.85	55.67	54.47
Change in Receivables	-56.86	-54.05	-54.25	-152.8	-24.88	-43.2
Changes in Inventories	-414.57	-411	-660.08	-605.32	-498.32	-251.15
Changes in Accounts Payable	-478.16	993.41	537.06	366.5	728.45	197.92
Changes in Income Taxes Payable	-199.09	-	-291.84	-234.65	-173	-138.68
Changes in Other Operating Activities	201.06	-5.5	-	27.09	12.67	13.42
Operating Cash Flow	2,477	2,216	1,772	1,253	1,326	819.92
Operating Cash Flow Growth	23.76%	25.10%	41.34%	-5.50%	61.76%	2.61%
Capital Expenditures	-1,048	-	-1,173	-1,446	-1,336	-1,002
Sale of Property, Plant & Equipment	2.07	2.9	5.74	6.29	4.26	1.4
Purchases of Intangible Assets	-	-1,219	-	-	-	-
Purchases of Investments	-	-575.97	-	-	-	-
Proceeds from Sale of Investments	-	584.72	-	-	-	-
Other Investing Activities	3.92	1.99	8.87	5.06	0.61	0.49
Investing Cash Flow	-1,997	-1,208	-1,158	-1,435	-1,331	-1,000
Long-Term Debt Issued	99.56	350.96	61.38	818.37	257.64	651.37
Long-Term Debt Repaid	-404.32	-551.9	-664.18	-496.53	-221.17	-275.11
Net Long-Term Debt Issued (Repaid)	-304.76	-200.94	-602.8	321.84	36.46	376.26
Other Financing Activities	-172.76	-132.64	-174.81	-176.59	-93.87	-110.35
Financing Cash Flow	-478.3	-333.58	-777.61	145.24	-69.09	265.91
Net Cash Flow	3.36	674.81	-164.33	-35.9	-57.41	85.7
Free Cash Flow	1,428	2,216	598.68	-192.48	-9.27	-182.1
Free Cash Flow Growth	-35.55%	270.19%	-	-	-	-
FCF Margin	4.40%	7.57%	2.33%	-0.97%	-0.07%	-1.80%
Free Cash Flow Per Share	1.46	2.26	0.61	-0.20	-0.01	-0.19
Levered Free Cash Flow	-629.71	2,194	-428.38	-138.23	-176.7	37.8
Unlevered Free Cash Flow	-227.74	2,492	285.04	-350.06	-175.64	-298.58

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.