XTB S.A. 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	FY 2020	2019 - 2015
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019 - 2015
Net Income	-	791.17	766.1	237.83	402.09	Upgrade
Depreciation & Amortization, Total	-	16.84	11.76	8.68	7.53	Upgrade
Change in Accounts Payable	-	310.39	317.24	807.25	629.45	Upgrade
Change in Other Net Operating Assets	-	-313.04	-142.01	-778.53	-531.62	Upgrade
Other Operating Activities	-	-279.99	341.73	-4.85	22.2	Upgrade
Operating Cash Flow	-	479.25	1,149	199.01	469.14	Upgrade
Capital Expenditures	-	-14.46	-12.63	-7.81	-4.35	Upgrade
Sale (Purchase) of Intangibles	-	-0.11	-1.12	-0.21	-0.32	Upgrade
Investment in Securities	-	-30.1	-24.78	60.51	-382.02	Upgrade
Other Investing Activities	-	325.54	-290.19	2.38	2.47	Upgrade
Investing Cash Flow	-	280.87	-328.7	54.89	-384.23	Upgrade
Long-Term Debt Repaid	-	-11.4	-5.02	-5.74	-4.37	Upgrade
Net Debt Issued (Repaid)	-	-11.4	-5.02	-5.74	-4.37	Upgrade
Issuance of Common Stock	-	14.54	-	-	-	Upgrade
Common Dividends Paid	-	-570.48	-176.08	-210.12	-28.17	Upgrade
Other Financing Activities	-	-1.11	-0.84	-0.31	-0.31	Upgrade
Financing Cash Flow	-	-568.46	-181.93	-216.17	-32.85	Upgrade
Foreign Exchange Rate Adjustments	-	-4.27	-5.36	9.46	5.79	Upgrade
Net Cash Flow	-	187.4	633.11	47.19	57.85	Upgrade
Free Cash Flow	-	464.79	1,136	191.2	464.78	Upgrade
Free Cash Flow Growth	-	-59.10%	494.38%	-58.86%	709.89%	Upgrade
Free Cash Flow Margin	-	29.22%	78.44%	30.56%	58.18%	Upgrade
Free Cash Flow Per Share	-	3.95	9.68	1.63	3.96	Upgrade
Cash Interest Paid	-	2.67	0.84	0.31	0.31	Upgrade
Cash Income Tax Paid	-	146.03	133.73	47.97	92.19	Upgrade

Source: S&P Capital IQ. Capital Markets template. Financial Sources.