Novita 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	19.4	20.01	23.57	23.29	21.37	49.76
Depreciation & Amortization	4.86	4.93	4.88	4.67	4.74	5.1
Loss (Gain) From Sale of Assets	-0.11	-0.02	-0.26	-0.12	0.01	-1.96
Other Operating Activities	0.46	-0.93	2.82	-5.19	-9.35	5.61
Change in Accounts Receivable	1.82	0.79	2.51	12.27	-1.08	-2.34
Change in Inventory	-2.73	0.19	-10.46	7.11	10.88	-14.87
Change in Accounts Payable	8.89	-1.72	5.8	-4.94	-12.58	13.33
Change in Other Net Operating Assets	0.53	-0.11	0.32	-1.16	0.3	-0.58
Operating Cash Flow	33.11	23.13	29.18	35.92	14.29	54.04
Operating Cash Flow Growth	60.80%	-20.74%	-18.78%	151.31%	-73.55%	-3.23%
Capital Expenditures	-4.34	-3.42	-4.07	-3.04	-1.69	-2.61
Sale of Property, Plant & Equipment	0.11	0.03	0.33	0.13	-	1.77
Investing Cash Flow	-4.23	-3.39	-3.74	-2.91	-1.69	-0.84
Short-Term Debt Issued	-	0.25	-	-	-	5.37
Total Debt Issued	-	0.25	-	-	-	5.37
Short-Term Debt Repaid	-	-0.25	-	-	-10.27	-
Long-Term Debt Repaid	-	-0.37	-0.08	-0.03	-0.03	-0.05
Total Debt Repaid	-0.28	-0.62	-0.08	-0.03	-10.29	-0.05
Net Debt Issued (Repaid)	-0.28	-0.37	-0.08	-0.03	-10.29	5.33
Common Dividends Paid	-20	-20	-23	-30	-	-30
Other Financing Activities	-0.24	-0.26	-0.24	6.09	-0.44	-0.33
Financing Cash Flow	-20.52	-20.64	-31.33	-33.94	-10.73	-48
Foreign Exchange Rate Adjustments	0.02	-	0	0.02	0.01	-0.05
Net Cash Flow	8.39	-0.9	-5.88	-0.91	1.89	5.15
Free Cash Flow	28.77	19.71	25.11	32.89	12.61	51.44
Free Cash Flow Growth	68.69%	-21.50%	-23.65%	160.88%	-75.49%	0.10%
Free Cash Flow Margin	16.18%	10.79%	12.55%	17.79%	5.07%	23.23%
Free Cash Flow Per Share	11.52	7.88	10.04	13.15	5.04	20.57
Cash Interest Paid	0.26	0.26	0.29	0.27	0.44	0.33
Cash Income Tax Paid	5.37	5.37	2.37	3.79	13.99	6.03
Levered Free Cash Flow	22.49	12.9	18.92	31.73	7.03	38.07
Unlevered Free Cash Flow	22.86	12.99	19.02	31.83	7.21	38.16
Change in Working Capital	8.51	-0.86	-1.83	13.27	-2.48	-4.47

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