Mentzen Cash Flow Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	1.07	1.85	0.86	3.04
Depreciation & Amortization	0.45	0.45	0.46	0.46
Loss (Gain) From Sale of Assets	-0.05	-0.05	0.01	-
Other Operating Activities	-0.8	-0.64	-0.05	0.41
Change in Accounts Receivable	0.98	0.95	-0.57	-0.08
Change in Inventory	-0.01	-0.01	0.02	-0.02
Change in Other Net Operating Assets	-0.55	-0.27	0.2	0.14
Operating Cash Flow	1.23	2.43	1.08	3.95
Operating Cash Flow Growth	-44.32%	124.08%	-72.58%	-
Capital Expenditures	-	-	-0.01	-0
Sale of Property, Plant & Equipment	0.06	0.06	1.7	-
Investment in Securities	-	-	-	0
Investing Cash Flow	0.13	0.17	1.9	-0.91
Long-Term Debt Issued	-	-	-	1.48
Long-Term Debt Repaid	-	-0.18	-1.64	-0.34
Net Debt Issued (Repaid)	-0.14	-0.18	-1.64	1.14
Issuance of Common Stock	-	-	0	-
Common Dividends Paid	-	-	-0.09	-3.34
Other Financing Activities	-0.05	-0.06	-0.27	-
Financing Cash Flow	-0.19	-0.23	-1.99	-2.2
Net Cash Flow	1.18	2.37	0.99	0.84
Free Cash Flow	1.23	2.43	1.08	3.95
Free Cash Flow Growth	-44.25%	125.64%	-72.76%	-
Free Cash Flow Margin	7.56%	13.44%	5.61%	18.32%
Cash Interest Paid	-	-	0.27	-
Levered Free Cash Flow	8.96	10.63	1.03	-
Unlevered Free Cash Flow	8.99	10.66	1.09	-
Change in Working Capital	0.42	0.67	-0.35	0.04

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