Polimex-Mostostal 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	134.31	-348.58	-123.21	132.41	89.99
Depreciation & Amortization	54.8	48.43	43.72	40.15	36.86
Loss (Gain) From Sale of Assets	-10.9	5.58	-17.72	-0.82	-15.42
Loss (Gain) on Equity Investments	-	-	-	-0.12	-0.11
Other Operating Activities	128.88	-121.87	-9.2	46.19	17.22
Change in Accounts Receivable	-311.75	93.52	-176.92	-264.6	207.15
Change in Inventory	-17.67	-5.6	65.8	-34.3	-86.65
Change in Other Net Operating Assets	289.79	591.92	-150.87	198.15	296.42
Operating Cash Flow	267.47	263.4	-368.39	117.06	545.45
Operating Cash Flow Growth	1.54%	-	-	-78.54%	204.31%
Capital Expenditures	-38.68	-34.66	-35.89	-20.35	-19.58
Sale of Property, Plant & Equipment	0.86	38.78	0.92	13.42	3.01
Cash Acquisitions	-	-	-	-	-0.36
Investment in Securities	-11.68	-1.5	-0.09	-0.47	7.26
Other Investing Activities	0.03	0.31	0.02	0.02	0.04
Investing Cash Flow	-50.61	2.88	-37.03	-7.39	-9.64
Long-Term Debt Issued	-	0	0.95	1.74	68.55
Long-Term Debt Repaid	-53.76	-86.4	-35.94	-31.68	-82.4
Net Debt Issued (Repaid)	-53.76	-86.4	-34.99	-29.94	-13.86
Other Financing Activities	-6.22	-17.19	-16.57	-12.72	-6.18
Financing Cash Flow	-59.98	-103.59	-51.56	-42.66	-20.04
Net Cash Flow	156.89	162.7	-456.98	67.01	515.78
Free Cash Flow	228.79	228.74	-404.28	96.72	525.87
Free Cash Flow Growth	0.02%	-	-	-81.61%	213.90%
Free Cash Flow Margin	5.54%	8.01%	-13.41%	2.56%	22.82%
Free Cash Flow Per Share	0.92	0.94	-1.68	0.35	1.91
Cash Interest Paid	5.09	15.57	15.07	12.17	6.39
Cash Income Tax Paid	-63.8	63.88	6.95	17.55	11.84
Levered Free Cash Flow	130.3	395.17	-375.38	45.46	494.6
Unlevered Free Cash Flow	145.83	417.38	-361.61	58.22	501.55
Change in Working Capital	-39.63	679.85	-261.99	-100.75	416.92