P.A. Nova S.A. (WSE:NVA)

P.A. Nova Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	52.1	21.98	21.87	34.75	22.93	23.41
Depreciation & Amortization	6.93	6.39	6.68	1.92	2.5	2.84
Other Amortization	0.1	0.06	0.01	0.05	0.04	0.01
Loss (Gain) From Sale of Assets	0.56	-65.64	-19.02	34.01	-89.19	-30.85
Loss (Gain) From Sale of Investments	-	-	-	-	0.21	0.09
Other Operating Activities	22.36	11.18	18.13	14.32	14.29	14.57
Change in Accounts Receivable	21.99	20.05	-19.98	6.29	-1.01	-31.11
Change in Inventory	0.22	-0.06	-0.03	0.98	4.12	5.11
Change in Unearned Revenue	-4.63	-0.08	0.53	1.75	-0.08	-0.62
Change in Other Net Operating Assets	18.18	-13.22	17.34	-54.68	60.95	10.95
Operating Cash Flow	117.81	-19.34	25.52	39.38	14.75	-5.61
Operating Cash Flow Growth	-	-	-35.20%	166.99%	-	-

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-2.86	-3.07	-1.41	-0.86	-10.74	-6.6
Sale of Property, Plant & Equipment	0.5	1.15	0.44	0.04	0.21	37.57
Investment in Securities	4.8	0.01	0	-0.01	-	-0.04
Other Investing Activities	0.37	1.37	0.29	0.62	0.82	0.77
Investing Cash Flow	2.81	-0.55	-0.45	-0.44	-9.72	31.58

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	-	72.77	113.35	53.37	85.43	59.44
Total Debt Issued	40.34	72.77	113.35	53.37	85.43	59.44
Long-Term Debt Repaid	-	-23.14	-98.67	-64.78	-74.74	-53.21
Total Debt Repaid	-63.55	-23.14	-98.67	-64.78	-74.74	-53.21
Net Debt Issued (Repaid)	-23.21	49.63	14.69	-11.41	10.69	6.24
Common Dividends Paid	-7.48	-7.48	-6.98	-6.48	-5.98	-
Other Financing Activities	-17.13	-16.5	-37.39	-13.78	-16.35	-12.27
Financing Cash Flow	-47.82	25.65	-29.68	-31.66	-11.65	-6.04

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	0.01	0.01	0	0.09	0.01	-0
Net Cash Flow	72.81	5.77	-4.61	7.36	-6.61	19.92

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	114.95	-22.42	24.12	38.52	4.01	-12.22
Free Cash Flow Growth	-	-	-37.39%	861.53%	-	-
Free Cash Flow Margin	35.61%	-9.10%	8.49%	10.99%	1.94%	-6.11%
Free Cash Flow Per Share	10.74	-2.25	1.95	3.83	0.39	-1.22
Levered Free Cash Flow	145.83	108.46	9.84	25.13	-10.81	-5.5
Unlevered Free Cash Flow	155.93	118.33	20.49	36.23	-1.31	0.09

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	16.01	15.88	37.29	16.92	14.45	9.4
Cash Income Tax Paid	7.01	6.94	7.94	6.18	7.16	0.5
Change in Working Capital	35.76	6.7	-2.14	-45.66	63.98	-15.67

Data Source: S&P Global Market Intelligence Last updated: Sep 17, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 25, 2026

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