PGE Polska Grupa Energetyczna S.A. (WSE:PGE)
Poland · Delayed Price · Currency is PLN 10.79
-0.16 (-1.46%)
Aug 14, 2026, 5:04 PM CET
WSE:PGE Cash Flow Statement
Financials in millions PLN. Fiscal year is January - December.
Millions PLN. Fiscal year is Jan - Dec.
Operating Activities
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 | -3,975 | -3,497 | -2,698 | -5,012 | 3,328 | 3,972 |
Depreciation & Amortization | 3,765 | 3,804 | 4,338 | 4,615 | 4,159 | 4,087 |
Other Amortization | 215 | 215 | 202 | 156 | 99 | 109 |
Loss (Gain) on Sale of Assets | 222 | -31 | 15 | -4 | -6 | -373 |
Loss (Gain) on Sale of Investments | -32 | -32 | 12 | 494 | -47 | 19 |
Loss (Gain) on Equity Investments | -13 | -22 | 79 | -2 | - | 2 |
Asset Writedown | 9,902 | 9,864 | 7,739 | 8,684 | 104 | 216 |
Change in Accounts Receivable | 644 | 796 | 2,587 | -737 | -1,373 | -2,958 |
Change in Inventory | 804 | 801 | 791 | 1,236 | -2,727 | 866 |
Change in Other Net Operating Assets | -1,400 | 2,371 | -4,734 | -4,931 | 9,057 | 1,620 |
Other Operating Activities | -205 | -783 | 2,475 | -1,230 | -985 | -121 |
Operating Cash Flow | 9,927 | 13,486 | 10,806 | 3,269 | 11,609 | 7,439 |
Operating Cash Flow Growth | -44.49% | 24.80% | 230.56% | -71.84% | 56.06% | -27.47% |
Investing Activities
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 |
Capital Expenditures | -11,481 | -11,543 | -10,346 | -9,733 | -6,661 | -4,682 |
Sale of Property, Plant & Equipment | 37 | 36 | 20 | 43 | 24 | 59 |
Cash Acquisitions | -435 | - | - | -1,820 | -797 | - |
Divestitures | - | - | - | - | 111 | 250 |
Investment in Securities | -1,506 | -7 | -84 | -17 | -5 | -6 |
Other Investing Activities | 121 | 123 | 130 | 76 | 16 | 12 |
Investing Cash Flow | -13,279 | -11,406 | -10,300 | -11,451 | -7,296 | -4,367 |
Financing Activities
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 |
Long-Term Debt Issued | - | 6,798 | 6,914 | 9,114 | 2,293 | 601 |
Long-Term Debt Repaid | - | -2,676 | -8,790 | -6,365 | -4,352 | -1,233 |
Net Debt Issued (Repaid) | 6,435 | 4,122 | -1,876 | 2,749 | -2,059 | -632 |
Issuance of Common Stock | - | - | - | - | 3,197 | - |
Other Financing Activities | -245 | 244 | -300 | -421 | -297 | 104 |
Financing Cash Flow | 6,190 | 4,366 | -2,176 | 2,328 | 841 | -528 |
Net Cash Flow
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 Cash Flow | 2,838 | 6,446 | -1,670 | -5,854 | 5,154 | 2,544 |
Free Cash Flow
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 |
Free Cash Flow | -1,554 | 1,943 | 460 | -6,464 | 4,948 | 2,757 |
Free Cash Flow Growth | - | 322.39% | - | - | 79.47% | -36.27% |
Free Cash Flow Margin | -2.52% | 3.16% | 0.71% | -6.74% | 6.74% | 5.22% |
Free Cash Flow Per Share | -0.69 | 0.87 | 0.20 | -2.88 | 2.32 | 1.48 |
Levered Free Cash Flow | -3,753 | 256.25 | -2,483 | -4,787 | 4,403 | 5,945 |
Unlevered Free Cash Flow | -3,111 | 911.25 | -1,764 | -4,144 | 4,751 | 6,269 |
Additional Metrics
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 |
Cash Interest Paid | 840 | 831 | 687 | 702 | 364 | 358 |
Cash Income Tax Paid | 1,362 | 1,684 | 236 | 1,954 | 2,168 | 1,273 |
Change in Working Capital | 48 | 3,968 | -1,356 | -4,432 | 4,957 | -472 |