IZOBLOK Cash Flow Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Apr '22 Apr 30, 2022	Apr '21 Apr 30, 2021
Net Income	6.3	-1.86	13.86	11.29	-24.84	-11.25
Depreciation & Amortization	16.54	15.59	10.15	10.83	16.58	20.24
Other Amortization	-	-	0.62	0.46	0.27	0.66
Loss (Gain) From Sale of Assets	4.76	4.62	-0.68	-1.2	-0.29	-0.41
Other Operating Activities	0.47	-0.79	-7.7	-0.68	-0.06	0.34
Change in Accounts Receivable	-7.34	6.71	-10.31	-3.26	-2.23	-16.64
Change in Inventory	-0.12	2.96	-6.06	-5.58	-6.53	2.54
Change in Unearned Revenue	-1.16	-1.16	0.32	-0.29	-	-
Change in Other Net Operating Assets	9.03	-13.31	10.72	5.88	3.09	8.09
Operating Cash Flow	28.47	12.77	10.93	17.45	-14	3.55
Operating Cash Flow Growth	-10.12%	16.84%	-37.38%	-	-	-89.61%
Capital Expenditures	14.88	-	-41.62	-10.46	-11.71	-12.75
Sale of Property, Plant & Equipment	0.13	-	96.96	0.3	0.41	0.51
Other Investing Activities	-33.52	-18.87	-15.03	0.78	0.91	2.8
Investing Cash Flow	-18.5	-18.87	40.31	-9.39	-10.4	-9.44
Long-Term Debt Issued	-	-	25.07	-	38.12	1.15
Total Debt Issued	-5.97	-	25.07	21.11	38.12	1.15
Long-Term Debt Repaid	-	-	-61.6	-	-15.33	-6.42
Total Debt Repaid	-4.29	-	-61.6	-20.98	-15.33	-6.42
Net Debt Issued (Repaid)	-10.26	-	-36.52	0.13	22.79	-5.27
Other Financing Activities	-5.33	-5.16	-7.78	-3.12	-1.55	-1.18
Financing Cash Flow	-15.59	-5.16	-44.31	-3	21.24	-6.45
Foreign Exchange Rate Adjustments	0.24	-	-0.17	-0.28	-	-
Miscellaneous Cash Flow Adjustments	-0.05	-0.05	-	-	-	-
Net Cash Flow	-5.43	-11.31	6.76	4.78	-3.16	-12.34
Free Cash Flow	43.35	12.77	-30.69	6.98	-25.71	-9.19
Free Cash Flow Margin	13.74%	4.24%	-12.17%	2.71%	-16.08%	-4.93%
Free Cash Flow Per Share	34.22	-	-24.23	5.51	-20.30	-7.25
Cash Interest Paid	-	-	8.47	3.12	1.55	1.18
Cash Income Tax Paid	-	-	-0.15	-0.81	-0.82	-0.7
Levered Free Cash Flow	31.74	23	-34.93	-	-13.32	-2.07
Unlevered Free Cash Flow	39.26	29.84	-29.64	-	-12.41	-1.36
Change in Working Capital	0.41	-4.8	-5.33	-3.25	-5.67	-6.01

Source: S&P Global Market Intelligence. Standard template. Financial Sources.