LPP SA Cash Flow Statement

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

Millions PLN. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Jan '25 Jan 31, 2025	Jan '24 Jan 31, 2024	Jan '23 Jan 31, 2023	Jan '22 Jan 31, 2022	Jan '21 Jan 31, 2021
Net Income	1,234	1,747	1,607	486.7	953.52	-190.13
Depreciation & Amortization	1,936	1,644	1,340	1,092	912.89	1,044
Other Amortization	45	45	43	37.1	30.54	28.61
Loss (Gain) From Sale of Assets	6	21	35	-26.6	212.19	204.72
Other Operating Activities	369	518	72	388.9	-179.03	-63.74
Change in Accounts Receivable	596	-176	272	386.8	-426.21	-579.29
Change in Inventory	-753	-1,667	239	815.9	-1,404	-218.25
Change in Other Net Operating Assets	688	1,889	735	-2,559	2,114	848.17
Operating Cash Flow	4,121	4,021	4,343	579.8	2,386	1,075
Operating Cash Flow Growth	-2.83%	-7.41%	649.05%	-75.70%	122.06%	-37.02%
Capital Expenditures	-2,798	-1,818	-1,090	-1,157	-959.72	-824.78
Sale of Property, Plant & Equipment	93	108	126	116.4	161.95	156.75
Investment in Securities	-257	-257	-20	-15.4	-	-
Other Investing Activities	274	1	-	162.2	-173.56	-338.99
Investing Cash Flow	-2,689	-1,965	-983	-897.1	-971.44	-1,007
Long-Term Debt Issued	-	507	-	1,243	318.47	1,213
Total Debt Issued	1,216	507	-	1,243	318.47	1,213
Long-Term Debt Repaid	-	-1,137	-1,732	-1,027	-754.05	-1,307
Total Debt Repaid	-1,229	-1,137	-1,732	-1,027	-754.05	-1,307
Net Debt Issued (Repaid)	-13	-630	-1,732	215.2	-435.58	-94.08
Issuance of Common Stock	-	-	-	-	-	112.35
Common Dividends Paid	-1,225	-1,132	-798	-648.3	-833.59	-
Other Financing Activities	-642	-520	-220	-176.2	-104.72	-157.81
Financing Cash Flow	-1,880	-2,282	-2,750	-609.3	-1,374	-139.54
Net Cash Flow	-448	-226	610	-926.6	40.73	-72.07
Free Cash Flow	1,323	2,203	3,253	-577.1	1,426	249.76
Free Cash Flow Growth	-52.27%	-32.28%	-	-	471.09%	-67.96%
Free Cash Flow Margin	5.93%	10.91%	18.69%	-3.62%	12.58%	3.18%
Free Cash Flow Per Share	712.53	1187.20	1752.27	-311.10	775.23	135.88
Cash Interest Paid	342	220	220	176.2	104.72	157.69
Cash Income Tax Paid	539	232	532	402.3	219.54	326.72
Levered Free Cash Flow	277.5	435.75	2,737	-2,389	1,037	-254.67
Unlevered Free Cash Flow	490.63	568.88	2,866	-2,254	1,108	-156.7
Change in Working Capital	531	46	1,246	-1,356	284.36	50.63

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.