Trakcja Cash Flow Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	35.19	55.71	-306.45	-11.42
Depreciation & Amortization	32.41	33.86	106.53	36.01
Other Amortization	0.65	1.17	1.72	1.12
Loss (Gain) From Sale of Assets	2.26	-12.21	67.68	-29.11
Other Operating Activities	-43.69	21.8	-55.87	22.15
Change in Accounts Receivable	-181.63	93.18	-75.28	33.58
Change in Inventory	9.44	-1.71	-42.66	7.22
Change in Unearned Revenue	69.72	168.81	-21.55	-14
Change in Other Net Operating Assets	22.59	102.48	200.22	-88.43
Operating Cash Flow	-53.06	463.1	-125.66	-42.88
Capital Expenditures	-18.9	-8.74	-8.14	-5.65
Sale of Property, Plant & Equipment	8.59	7.92	4.77	81.2
Sale (Purchase) of Intangibles	-0.88	-1.46	-1.79	-1.6
Investment in Securities	1.78	6.58	29.38	-34.06
Other Investing Activities	0.94	0.12	0.13	0.46
Investing Cash Flow	-8.46	4.42	24.35	40.35
Long-Term Debt Issued	-	5.34	52.84	113.78
Long-Term Debt Repaid	-58.29	-161.94	-148.32	-105.28
Net Debt Issued (Repaid)	-58.29	-156.6	-95.48	8.5
Issuance of Common Stock	100	-	198.98	-
Other Financing Activities	-16.14	-29.7	-31.31	-14.93
Financing Cash Flow	25.57	-186.3	72.19	-6.43
Net Cash Flow	-35.95	281.22	-29.13	-8.96
Free Cash Flow	-71.96	454.36	-133.8	-48.53
Free Cash Flow Margin	-3.42%	22.00%	-8.91%	-3.41%
Free Cash Flow Per Share	-0.21	1.29	-0.78	-0.56
Cash Interest Paid	15.75	29.55	31.13	14.34
Cash Income Tax Paid	13.73	1.57	0.58	1.32
Levered Free Cash Flow	-221.44	413.85	-11.38	11.19
Unlevered Free Cash Flow	-205.83	435.71	12.18	23.88
Change in Working Capital	-79.88	362.77	60.74	-61.63

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