Wirtualna Polska Holding 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	-34.12	155.88	155.75	170.53	182.7
Depreciation & Amortization	155.02	92.13	91.31	94.02	76.03
Other Amortization	97.7	75.01	61.39	12.16	11.08
Loss (Gain) From Sale of Assets	-0.15	0.6	0.23	0.64	0.33
Asset Writedown & Restructuring Costs	146.54	-	-	5.65	-
Loss (Gain) From Sale of Investments	-	-	-	-	-9.8
Loss (Gain) on Equity Investments	-3.25	-1.59	3.23	2.53	-
Stock-Based Compensation	1.13	10.51	0.71	2.48	2.24
Other Operating Activities	90.44	51.3	44.26	5.46	3.4
Change in Accounts Receivable	167.89	-45.49	-26.75	-38.93	-33.35
Change in Inventory	1.32	-6.25	-1.08	-10.66	-9.51
Change in Accounts Payable	-218.85	46.11	53.61	21.13	20.68
Change in Other Net Operating Assets	1.15	-0.42	1.33	0.76	0.9
Operating Cash Flow	404.83	377.77	383.98	265.77	244.69
Operating Cash Flow Growth	7.16%	-1.62%	44.48%	8.61%	15.95%
Capital Expenditures	-26.76	-18.33	-17.25	-97.07	-77.98
Sale of Property, Plant & Equipment	1.19	4.07	1.65	0.48	0.31
Cash Acquisitions	-925.91	-62.37	-11.69	-445.73	-5.94
Sale (Purchase) of Intangibles	-160.1	-127.32	-106.45	-	-
Investment in Securities	-11.13	-	-19.4	-28.46	-21.4
Other Investing Activities	2.28	0.18	0.19	-0.24	-9.55
Investing Cash Flow	-1,125	-198.44	-151.22	-576.44	-114.29
Long-Term Debt Issued	1,165	28.4	72.25	454.41	22.17
Long-Term Debt Repaid	-92.62	-75.98	-37.26	-34.38	-140.63
Net Debt Issued (Repaid)	1,073	-47.58	34.99	420.03	-118.45
Issuance of Common Stock	3.06	9.22	0.45	0.89	2.61
Common Dividends Paid	-65.51	-59.23	-73.24	-35.12	-45.3
Other Financing Activities	-112.41	-63.56	-136.51	-26.83	-23.14
Financing Cash Flow	897.88	-161.15	-174.32	358.97	-184.29
Foreign Exchange Rate Adjustments	-3.45	0.54	-4.42	1.77	0.99
Miscellaneous Cash Flow Adjustments	-31.88	-	-	-	-
Net Cash Flow	142.37	18.72	54.03	50.07	-52.89
Free Cash Flow	378.06	359.44	366.74	168.7	166.71
Free Cash Flow Growth	5.18%	-1.99%	117.39%	1.19%	11.28%
Free Cash Flow Margin	17.08%	22.92%	25.52%	15.65%	19.11%
Free Cash Flow Per Share	12.70	12.15	12.44	5.73	5.66
Cash Interest Paid	99.95	56.83	60.1	24.74	6.98
Cash Income Tax Paid	74.39	63.47	64.98	54.39	28.55
Levered Free Cash Flow	105.96	225.62	190.48	204.14	100.51
Unlevered Free Cash Flow	173.14	264.04	230.09	222.28	107.26
Change in Working Capital	-48.48	-6.06	27.11	-27.7	-21.28

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.