Trakcja Cash Flow Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	52.51	35.19	55.71	-306.45	-11.42	-109.79
Depreciation & Amortization	33.52	32.41	33.86	106.53	36.01	36.5
Other Amortization	0.65	0.65	1.17	1.72	1.12	1.23
Loss (Gain) From Sale of Assets	1.67	2.26	-12.21	67.68	-29.11	36.83
Other Operating Activities	10.13	-43.69	21.8	-55.87	22.15	13.85
Change in Accounts Receivable	-17.75	-181.63	93.18	-75.28	33.58	-13.88
Change in Inventory	16.86	9.44	-1.71	-42.66	7.22	30.75
Change in Unearned Revenue	-30.6	69.72	168.81	-21.55	-14	54.38
Change in Other Net Operating Assets	41.73	22.59	102.48	200.22	-88.43	-12.7
Operating Cash Flow	108.72	-53.06	463.1	-125.66	-42.88	37.17
Operating Cash Flow Growth	-61.71%	-	-	-	-	-
Capital Expenditures	-15.2	-18.9	-8.74	-8.14	-5.65	-8.05
Sale of Property, Plant & Equipment	4.31	8.59	7.92	4.77	81.2	3.94
Sale (Purchase) of Intangibles	-0.37	-0.88	-1.46	-1.79	-1.6	-
Investment in Securities	-10.93	1.78	6.58	29.38	-34.06	6.17
Other Investing Activities	1.78	0.94	0.12	0.13	0.46	0.21
Investing Cash Flow	-20.41	-8.46	4.42	24.35	40.35	2.27
Long-Term Debt Issued	-	-	5.34	52.84	113.78	41.4
Long-Term Debt Repaid	-	-58.29	-161.94	-148.32	-105.28	-37.42
Net Debt Issued (Repaid)	-70.06	-58.29	-156.6	-95.48	8.5	3.98
Issuance of Common Stock	100	100	-	198.98	-	-
Other Financing Activities	-13.83	-16.14	-29.7	-31.31	-14.93	-14.98
Financing Cash Flow	16.11	25.57	-186.3	72.19	-6.43	-11
Net Cash Flow	104.43	-35.95	281.22	-29.13	-8.96	28.45
Free Cash Flow	93.52	-71.96	454.36	-133.8	-48.53	29.13
Free Cash Flow Growth	-64.49%	-	-	-	-	-
Free Cash Flow Margin	4.20%	-3.42%	22.00%	-8.91%	-3.41%	2.17%
Free Cash Flow Per Share	0.22	-0.21	1.29	-0.78	-0.56	0.34
Cash Interest Paid	12.65	15.75	29.55	31.13	14.34	14.98
Cash Income Tax Paid	11.86	13.73	1.57	0.58	1.32	2.38
Levered Free Cash Flow	48.82	-221.44	413.85	-11.38	11.19	37.57
Unlevered Free Cash Flow	62.73	-205.83	435.71	12.18	23.88	50.18
Change in Working Capital	10.24	-79.88	362.77	60.74	-61.63	58.55

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.