WSE:OTM Cash Flow Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	13.11	7.12	12.59	-8.67	-4.5
Depreciation & Amortization	-	9.35	10.08	12.22	13.89
Other Amortization	-	0.68	0.61	0.34	0.07
Loss (Gain) From Sale of Assets	-	-5.39	-1.64	0.06	0.48
Other Operating Activities	9.62	4.22	4.89	1.54	-3.24
Change in Accounts Receivable	-	-3.67	-0.82	-0.37	14.41
Change in Inventory	-	-0.39	4.72	-11.97	-3.95
Change in Other Net Operating Assets	-	1.39	-19.14	23.29	5.9
Operating Cash Flow	22.73	13.31	11.29	16.53	23
Operating Cash Flow Growth	70.81%	17.85%	-31.68%	-28.13%	-
Capital Expenditures	-	-32.48	-30.97	-16.54	-6.68
Sale of Property, Plant & Equipment	-	7.4	3.66	0.34	0.79
Other Investing Activities	12.93	0	0.02	-4.8	-4.04
Investing Cash Flow	12.93	-25.07	-27.3	-21	-9.93
Long-Term Debt Issued	-	17.38	23.58	-	-
Long-Term Debt Repaid	-	-3.44	-7.25	-8.06	-4.57
Net Debt Issued (Repaid)	-	13.95	16.32	-8.06	-4.57
Issuance of Common Stock	-	-	-	12.83	-
Other Financing Activities	-44.32	-2.31	-2.64	-1.85	1.98
Financing Cash Flow	-44.32	11.64	13.68	2.93	-2.59
Foreign Exchange Rate Adjustments	-	0.07	0.03	0.03	-0.15
Miscellaneous Cash Flow Adjustments	-0.32	-	-	-	-
Net Cash Flow	-8.98	-0.06	-2.29	-1.51	10.33
Free Cash Flow	22.73	-19.17	-19.68	-0.01	16.32
Free Cash Flow Margin	8.36%	-6.67%	-6.91%	-0.00%	6.56%
Free Cash Flow Per Share	-	-0.63	-0.66	-	0.64
Cash Interest Paid	-	3.73	2.64	1.85	0.74
Cash Income Tax Paid	-	3.85	0.4	0.36	-
Levered Free Cash Flow	31.33	-44.85	-21.18	8	20.16
Unlevered Free Cash Flow	34.45	-42.4	-19.43	9.3	20.76
Change in Working Capital	-	-2.67	-15.24	10.95	16.37

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