Werth-Holz Cash Flow Statement

Financials in millions PLN. Fiscal year is October - September.

Millions PLN. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	-3.53	-3.77	1.14	-2.81	4.81	0.87
Depreciation & Amortization	1.3	1.32	1.37	1.33	1.24	0.91
Loss (Gain) From Sale of Assets	-	-	-	0.24	0	-0.3
Other Operating Activities	1.89	1.97	0.7	1.31	1.41	0.74
Change in Accounts Receivable	-2.12	-0.39	-0.24	-0.14	1.82	-1.64
Change in Inventory	2.3	2.21	-4.34	-1.16	-1.96	-8.18
Change in Accounts Payable	2.43	-	-	-0.34	-0.63	0.31
Change in Other Net Operating Assets	5.64	5.44	-1.01	-0.14	0.2	0.42
Operating Cash Flow	7.91	6.78	-2.38	-1.71	6.9	-6.89
Operating Cash Flow Growth	724.80%	-	-	-	-	-
Capital Expenditures	-0.07	-0.07	-0.6	-0.12	-0.17	-1.23
Sale of Property, Plant & Equipment	-	-	-	0.01	0.05	0.44
Sale (Purchase) of Real Estate	-	-	-	-	-0.02	-0.16
Investment in Securities	-	-	-	-	-	-0.02
Investing Cash Flow	-0.07	-0.07	-0.6	-0.11	-0.14	-0.97
Long-Term Debt Issued	-	1	4.95	11.52	2.37	0.42
Long-Term Debt Repaid	-	-7.8	-	-6.93	-9.89	-1.49
Net Debt Issued (Repaid)	-8.81	-6.8	4.95	4.58	-7.53	-1.07
Other Financing Activities	-0.68	-0.77	-2.5	-1.3	0.92	-0.32
Financing Cash Flow	-9.49	-7.58	2.45	3.28	-6.61	-1.39
Net Cash Flow	-1.65	-0.88	-0.54	1.45	0.15	-9.24
Free Cash Flow	7.84	6.7	-2.98	-1.83	6.73	-8.12
Free Cash Flow Growth	1730.49%	-	-	-	-	-
Free Cash Flow Margin	21.98%	17.81%	-7.74%	-6.50%	12.72%	-18.47%
Free Cash Flow Per Share	0.09	0.08	-0.04	-0.02	0.08	-0.10
Cash Interest Paid	-	-	1.67	1.3	-	-
Cash Income Tax Paid	-	-	0.6	-	-	-
Levered Free Cash Flow	0.59	1.17	-4.34	-2.57	7.06	-8.68
Unlevered Free Cash Flow	1.53	2.18	-3.3	-1.73	7.47	-8.36
Change in Working Capital	8.26	7.26	-5.6	-1.79	-0.57	-9.09

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