Skip to main content
logo
Orlen S.A. (WSE:PKN)
Poland flag Poland · Delayed Price · Currency is PLN
155.42
+2.20 (1.44%)
Aug 19, 2026, 5:02 PM CET

Orlen Cash Flow Statement

Millions PLN. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
12,7032,5312,82620,92239,67711,122
Depreciation & Amortization
15,29015,58215,16915,8537,6034,424
Loss (Gain) From Sale of Assets
-492-151-201-41230-15
Asset Writedown & Restructuring Costs
15,14814,93812,36014,5536,165106
Loss (Gain) From Sale of Investments
------169
Loss (Gain) on Equity Investments
-346-5251401,617-284-613
Other Operating Activities
8,32811,641-783-17,513-5,2342,882
Change in Accounts Receivable
-1,0662,5377,570-3,201-11,630-3,790
Change in Inventory
-6,3692,0757938,886-5,452-5,769
Change in Accounts Payable
1,156-1,864-1,299838--
Change in Other Net Operating Assets
----1,5635,117
Operating Cash Flow
44,80847,22036,63441,91432,63813,295
Operating Cash Flow Growth
-0.63%28.90%-12.60%28.42%145.49%83.45%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-27,516-26,684-28,590-36,187-20,236-11,225
Sale of Property, Plant & Equipment
---1,11810395
Cash Acquisitions
-5,957-877-3,55053715,555-772
Sale (Purchase) of Intangibles
-3,247-3,247-2,347---
Investment in Securities
----1,1474,33527
Other Investing Activities
172914362984512,134
Investing Cash Flow
-36,548-30,717-34,051-36,409235-9,739

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-15,85312,9619,95411,77517,617
Long-Term Debt Repaid
--10,192-12,228-14,746-24,092-18,176
Net Debt Issued (Repaid)
4,8485,661733-4,792-12,317-559
Common Dividends Paid
-16,254-6,966-4,818-6,385-1,497-1,497
Other Financing Activities
-59124-676-880-75650
Financing Cash Flow
-11,465-1,181-4,761-12,057-14,570-2,006

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Foreign Exchange Rate Adjustments
32981-62-1,212-153106
Net Cash Flow
-2,87615,403-2,240-7,76418,1501,656

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
17,29220,5368,0445,72712,4022,070
Free Cash Flow Growth
-6.29%155.30%40.46%-53.82%499.13%-
Free Cash Flow Margin
6.05%7.67%2.73%1.54%4.39%1.58%
Free Cash Flow Per Share
14.9017.696.934.9310.684.84
Levered Free Cash Flow
-10,1734,4112,0716,09114,968230
Unlevered Free Cash Flow
-9,2045,2942,5815,65215,586538.75

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
1,4581,2649501,048864151
Cash Income Tax Paid
5,8845,4285,12316,5985,0531,194
Change in Working Capital
-6,2792,7487,0646,523-15,519-4,442