Gielda Papierów Wartosciowych w Warszawie S.A. (WSE:GPW)
Poland · Delayed Price · Currency is PLN 93.85
-0.45 (-0.48%)
Sep 4, 2026, 5:00 PM CET
WSE:GPW Cash Flow Statement
Financials in millions PLN. Fiscal year is January - December.
Millions PLN. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 | 215.09 | 195.03 | 148.72 | 156 | 144.96 | 161.25 |
Depreciation & Amortization | 35.51 | 36.76 | 31.54 | 32.25 | 36.83 | 35.25 |
Asset Writedown & Restructuring Costs | 18.88 | 18.49 | 34.51 | 0.05 | 9.75 | 0.18 |
Loss (Gain) From Sale of Investments | -9.86 | -9.69 | -9.81 | -11.11 | -5.17 | -0.61 |
Loss (Gain) on Equity Investments | -45.43 | -44.35 | -37.1 | -34.14 | -28.26 | -24.38 |
Other Operating Activities | 8.79 | 17.33 | -8.95 | -4.74 | -30.21 | -4.23 |
Change in Accounts Receivable | -23.19 | -12.19 | 5.4 | 5.63 | 99.54 | -122.56 |
Change in Inventory | - | - | - | - | 0.02 | -0.01 |
Change in Accounts Payable | 1.44 | 3.54 | 2.11 | 6.04 | 3.98 | -1.41 |
Change in Unearned Revenue | -8.91 | -11 | -4.48 | 11.89 | 9.39 | 8.64 |
Change in Other Net Operating Assets | 2.79 | 7.79 | -15.44 | -14.91 | -24.61 | 0.97 |
Operating Cash Flow | 195.12 | 201.72 | 146.49 | 146.38 | 216.21 | 53.09 |
Operating Cash Flow Growth | 4.36% | 37.70% | 0.07% | -32.30% | 307.27% | -77.05% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Capital Expenditures | -10.96 | -22.9 | -10.21 | -23.67 | -25.66 | -12.09 |
Sale of Property, Plant & Equipment | 0.14 | 0.14 | 0.39 | - | - | 4.49 |
Cash Acquisitions | - | - | - | - | 8.43 | - |
Sale (Purchase) of Intangibles | -55.02 | -51.84 | -44.96 | -49.8 | -34.55 | -31.27 |
Investment in Securities | 429.49 | 590.63 | 429.5 | -110.34 | 208.45 | 27.8 |
Other Investing Activities | -488.47 | -486.34 | -504.02 | 26.53 | 27.06 | 7.34 |
Investing Cash Flow | -124.82 | 29.76 | -127.29 | -157.29 | 183.73 | -3.73 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Long-Term Debt Repaid | - | -8.57 | -8.32 | -6.7 | -250.73 | -5.58 |
Lease Payments | -9.25 | -8.57 | -8.32 | -6.7 | -5.8 | -5.58 |
Total Debt Repaid | -9.79 | -8.57 | -8.32 | -6.7 | -250.73 | -5.58 |
Net Debt Issued (Repaid) | -9.79 | -8.57 | -8.32 | -6.7 | -250.73 | -5.58 |
Issuance of Common Stock | 0.45 | 0.45 | - | - | - | - |
Common Dividends Paid | -133.11 | -132.44 | -125.96 | -113.36 | -115.03 | -105.21 |
Other Financing Activities | 0.19 | - | - | -0.33 | -4.96 | -0.09 |
Financing Cash Flow | -142.26 | -140.56 | -134.28 | -120.39 | -370.71 | -110.88 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Foreign Exchange Rate Adjustments | -0.48 | -0.26 | 0.54 | -0.57 | 0.09 | -0.17 |
Net Cash Flow | -72.44 | 90.67 | -114.55 | -131.86 | 29.32 | -61.69 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | 184.16 | 178.81 | 136.28 | 122.71 | 190.55 | 41 |
Free Cash Flow Growth | 11.47% | 31.21% | 11.06% | -35.60% | 364.79% | -81.19% |
Free Cash Flow Margin | 30.71% | 32.40% | 29.32% | 27.58% | 48.95% | 10.06% |
Free Cash Flow Per Share | 4.40 | 4.26 | 3.25 | 2.92 | 4.54 | 0.98 |
Levered Free Cash Flow | 116.44 | 102.21 | 46.47 | 36.81 | 124.25 | -28.84 |
Unlevered Free Cash Flow | 119.12 | 103.81 | 47.96 | 37.38 | 127.93 | -23.72 |
Free Cash Flow After Leases | 174.91 | 170.25 | 127.96 | 116.01 | 184.75 | 35.42 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Cash Interest Paid | - | - | - | 0.34 | 4.96 | 5.81 |
Cash Income Tax Paid | 15.01 | 33.05 | 26.18 | 27.96 | 44.91 | 36.59 |
Change in Working Capital | -27.86 | -11.86 | -12.41 | 8.64 | 88.32 | -114.37 |