IZOBLOK 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 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Apr '23 Apr 30, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Net Income	-12.44	13.86	11.29	5.61	-24.84	-11.25
Depreciation & Amortization	13.46	10.15	10.83	11.54	16.58	20.24
Other Amortization	0.57	0.62	0.46	0.42	0.27	0.66
Loss (Gain) From Sale of Assets	5.33	-0.68	-1.2	-1.83	-0.29	-0.41
Other Operating Activities	4.78	-7.7	-0.68	3.5	-0.06	0.34
Change in Accounts Receivable	-6.81	-10.31	-3.26	-23.07	-2.23	-16.64
Change in Inventory	-14.31	-6.06	-5.58	-3.97	-6.53	2.54
Change in Unearned Revenue	0.32	0.32	-0.29	-	-	-
Change in Other Net Operating Assets	15.71	10.72	5.88	10.23	3.09	8.09
Operating Cash Flow	6.62	10.93	17.45	2.44	-14	3.55
Operating Cash Flow Growth	-62.05%	-37.38%	616.46%	-	-	-89.61%
Capital Expenditures	-45.37	-41.62	-10.46	-11.32	-11.71	-12.75
Sale of Property, Plant & Equipment	-0.28	96.96	0.3	0.5	0.41	0.51
Other Investing Activities	53.55	-15.03	0.78	0.5	0.91	2.8
Investing Cash Flow	7.89	40.31	-9.39	-10.33	-10.4	-9.44
Long-Term Debt Issued	-	25.07	-	23.65	38.12	1.15
Total Debt Issued	19.38	25.07	21.11	23.65	38.12	1.15
Long-Term Debt Repaid	-	-61.6	-	-13.03	-15.33	-6.42
Total Debt Repaid	-19.36	-61.6	-20.98	-13.03	-15.33	-6.42
Net Debt Issued (Repaid)	0.01	-36.52	0.13	10.63	22.79	-5.27
Other Financing Activities	-10.01	-7.78	-3.12	-2.74	-1.55	-1.18
Financing Cash Flow	-9.99	-44.31	-3	7.88	21.24	-6.45
Foreign Exchange Rate Adjustments	-0.11	-0.17	-0.28	-	-	-
Net Cash Flow	4.32	6.76	4.78	-0.01	-3.16	-12.34
Free Cash Flow	-38.75	-30.69	6.98	-8.89	-25.71	-9.19
Free Cash Flow Margin	-13.57%	-12.17%	2.71%	-3.52%	-16.08%	-4.93%
Free Cash Flow Per Share	-30.59	-24.23	5.51	-7.01	-20.30	-7.25
Cash Interest Paid	10.18	8.47	3.12	2.74	1.55	1.18
Cash Income Tax Paid	-	-0.15	-0.81	-1.35	-0.82	-0.7
Levered Free Cash Flow	-	-34.93	-	-10.42	-13.32	-2.07
Unlevered Free Cash Flow	-	-29.64	-	-8.77	-12.41	-1.36
Change in Working Capital	-5.09	-5.33	-3.25	-16.81	-5.67	-6.01

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