Selena FM 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	115.09	85.86	50.1	112.11	102.67
Depreciation & Amortization	48.28	41.05	36.3	41.06	40.17
Other Amortization	-	3.13	4.1	4.56	3.87
Loss (Gain) From Sale of Assets	-0.14	-0.51	0.32	-0.51	0.17
Asset Writedown & Restructuring Costs	-	-0.95	14.74	0.2	0.6
Loss (Gain) on Equity Investments	5.26	-0.12	-4.92	-3.02	-2.51
Other Operating Activities	4.95	7.04	-26.8	8.91	-41.88
Change in Accounts Receivable	13.29	43.03	-47.92	23.8	-64.79
Change in Inventory	5.02	8.97	67.31	18.17	-87.35
Change in Other Net Operating Assets	7.57	-0.73	-9.59	-15.51	18.88
Operating Cash Flow	199.3	186.76	83.62	189.78	-30.16
Operating Cash Flow Growth	6.71%	123.35%	-55.94%	-	-
Capital Expenditures	-48.75	-73.68	-58.16	-37.2	-32.56
Sale of Property, Plant & Equipment	1.02	1.55	1.12	2.87	0.34
Cash Acquisitions	-21.07	-0.64	-44.45	-	-
Investment in Securities	-	-19.6	-23	-5	-
Other Investing Activities	5.04	5	4.99	4.94	2.4
Investing Cash Flow	-63.68	-114.41	-117.06	-37.76	-35.82
Long-Term Debt Issued	61.88	85.66	128.37	116.08	108.4
Long-Term Debt Repaid	-106.61	-89.7	-76.62	-195.94	-27.7
Net Debt Issued (Repaid)	-44.73	-4.04	51.75	-79.86	80.69
Repurchase of Common Stock	-	-	-	-	-28.68
Common Dividends Paid	-54.13	-32.46	-30.3	-	-
Other Financing Activities	-20.94	-22.96	-14.09	-10.67	-2.61
Financing Cash Flow	-119.8	-59.46	7.37	-90.53	49.41
Foreign Exchange Rate Adjustments	0	0.12	1.58	-0.03	0.48
Net Cash Flow	15.83	13.02	-24.49	61.45	-16.09
Free Cash Flow	150.56	113.09	25.46	152.57	-62.72
Free Cash Flow Growth	33.13%	344.20%	-83.31%	-	-
Free Cash Flow Margin	8.38%	6.35%	1.43%	7.77%	-3.63%
Free Cash Flow Per Share	6.96	5.23	1.18	6.68	-2.75
Cash Interest Paid	-	22.96	14.09	12.19	3.74
Cash Income Tax Paid	-	17.91	15.6	25.06	32.39
Levered Free Cash Flow	101.88	77.47	118.47	121.38	-127.83
Unlevered Free Cash Flow	135.89	95.45	131.71	131.87	-124.76
Change in Working Capital	25.88	51.27	9.8	26.46	-133.25

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