Mentzen 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	1.51	0.86	3.04
Depreciation & Amortization	0.45	0.46	0.46
Loss (Gain) From Sale of Assets	-	0.01	-
Other Operating Activities	-0.48	-0.05	0.41
Change in Accounts Receivable	-0.34	-0.57	-0.08
Change in Inventory	0.03	0.02	-0.02
Change in Other Net Operating Assets	0.7	0.2	0.14
Operating Cash Flow	1.99	1.08	3.95
Operating Cash Flow Growth	66.06%	-72.58%	-
Capital Expenditures	0.05	-0.01	-0
Sale of Property, Plant & Equipment	-	1.7	-
Investment in Securities	-	-	0
Investing Cash Flow	0.16	1.9	-0.91
Long-Term Debt Issued	-	-	1.48
Long-Term Debt Repaid	-	-1.64	-0.34
Net Debt Issued (Repaid)	-0.27	-1.64	1.14
Issuance of Common Stock	-	0	-
Common Dividends Paid	-	-0.09	-3.34
Other Financing Activities	-0	-0.27	-
Financing Cash Flow	-0.27	-1.99	-2.2
Net Cash Flow	1.88	0.99	0.84
Free Cash Flow	2.04	1.08	3.95
Free Cash Flow Growth	78.95%	-72.76%	-
Free Cash Flow Margin	11.11%	5.61%	18.32%
Cash Interest Paid	0	0.27	-
Levered Free Cash Flow	10.4	1.03	-
Unlevered Free Cash Flow	10.45	1.09	-
Change in Working Capital	0.39	-0.35	0.04

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