Polski Holding Nieruchomosci S.A. (WSE:PHN)

WSE:PHN Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	28.8	-183	-161.5	30.8	78.7	72
Depreciation & Amortization	8.8	8.7	7.8	7.7	7.5	3.8
Gain (Loss) on Sale of Assets	-0.9	-0.9	-0.8	-1.5	-5.4	-0.5
Asset Writedown	150.6	127.3	187.7	-49.1	-39.9	-0.9
Income (Loss) on Equity Investments	-	-	-	-	-	-7.6
Change in Accounts Receivable	110.6	97.6	21.3	-31.9	-10.3	5.8
Change in Other Net Operating Assets	-34.8	19.2	-9.2	-34.1	-55.7	-133.7
Other Operating Activities	119.9	148.2	57.7	102.5	57.9	167.1
Operating Cash Flow	376.8	168.9	56.5	67.6	26.5	252.2
Operating Cash Flow Growth	421.88%	198.94%	-16.42%	155.09%	-89.49%	54.53%
Acquisition of Real Estate Assets	-94.5	-94.5	-74.3	-161.7	-248.3	-165.1
Sale of Real Estate Assets	5.4	5.4	5.4	6.5	19.5	-
Net Sale / Acq. of Real Estate Assets	-89.1	-89.1	-68.9	-155.2	-228.8	-165.1
Cash Acquisition	-	-	-	-	-132.9	-6.2
Other Investing Activities	-	-	-	-	-	5.1
Investing Cash Flow	-89.5	-91.1	-58.9	-155.2	-361.7	-162.9
Long-Term Debt Issued	-	416.7	401.2	179	96.3	346.8
Long-Term Debt Repaid	-	-345.8	-282.5	-46.3	-46.2	-80.2
Net Debt Issued (Repaid)	-44.6	70.9	118.7	132.7	50.1	266.6
Issuance of Common Stock	-	-	-	-	3.6	-
Common Dividends Paid	-	-	-4.1	-18.5	-17.9	-27.6
Other Financing Activities	-122.8	-117	-97.7	-73.5	-41.3	-20.1
Net Cash Flow	119.9	31.7	14.5	-46.9	-340.7	308.2
Cash Income Tax Paid	27.9	23.1	24.6	-3.5	27.9	17.4
Levered Free Cash Flow	112.79	32.21	-145.06	118.71	-77.94	197.29
Unlevered Free Cash Flow	184.85	108.9	-92.63	146.46	-56.44	215.85
Change in Working Capital	69.6	68.6	-34.4	-22.8	-72.3	18.3

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.