Eurocash Cash Flow Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-296.09	51.9	195	182.59	-0.94
Depreciation & Amortization	585.23	605.24	629.54	596.57	610.63
Stock-Based Compensation	7.71	0	7.71	3.85	-
Other Adjustments	187.49	152.87	149.6	146.64	140.44
Change in Receivables	57.14	166.38	12.98	-87.7	-69.61
Changes in Inventories	327.84	-43.32	-362.64	-100.47	-118.95
Changes in Accounts Payable	-240.63	180.13	553.52	278.82	82.16
Changes in Accrued Expenses	179.6	-87.25	-31.13	-27.91	58.64
Changes in Income Taxes Payable	-20.18	-34.79	-15.51	-102.12	-63.05
Changes in Other Operating Activities	1.38	0.05	-0.35	-1.77	-1.13
Operating Cash Flow	789.47	991.2	1,139	888.52	638.2
Operating Cash Flow Growth	-20.35%	-12.95%	28.16%	39.22%	14.65%
Capital Expenditures	-126.7	-137.23	-136.84	-166.86	-147.48
Sale of Property, Plant & Equipment	25.04	21.87	6.05	21.26	36.58
Purchases of Intangible Assets	-40.98	-48.48	-48.42	-50.5	-56.71
Proceeds from Sale of Intangible Assets	-	-	-	-	4.65
Purchases of Investments	-	-	-0.11	0	-
Payments for Business Acquisitions	-52.29	0	0	-1.41	-68.7
Other Investing Activities	30.86	-21.56	4.05	7.39	4.99
Investing Cash Flow	-164.07	-185.41	-175.27	-190.11	-226.67
Long-Term Debt Issued	20	183.17	85.34	0	187.97
Long-Term Debt Repaid	-113.08	-111.75	-305.75	-132.55	-86.92
Net Long-Term Debt Issued (Repaid)	-93.08	71.42	-220.4	-132.55	101.04
Common Dividends Paid	-29.39	-125.6	-61.68	-10.87	-76.21
Other Financing Activities	-551.02	-559.92	-585.4	-497.79	-433.27
Financing Cash Flow	-673.49	-614.09	-867.48	-641.21	-408.43
Net Cash Flow	-48.09	191.71	95.96	57.2	3.1
Free Cash Flow	662.78	853.97	1,002	721.66	490.72
Free Cash Flow Growth	-22.39%	-14.76%	38.83%	47.06%	13.32%
FCF Margin	2.21%	2.71%	3.09%	2.34%	1.87%
Free Cash Flow Per Share	4.87	6.14	7.17	5.19	3.53
Levered Free Cash Flow	277.38	527.37	515.39	410.84	408.3
Unlevered Free Cash Flow	663.62	597.61	960.17	673.58	10,731

Updated Apr 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.