Zabka Group Cash Flow Statement

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

Millions PLN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	582.72	353.72	382.33	487.3
Depreciation & Amortization	1,491	1,231	1,027	859.94
Other Amortization	128.34	128.34	87.51	55.47
Loss (Gain) From Sale of Assets	32.13	8.13	-64.73	5.4
Asset Writedown & Restructuring Costs	-1.03	-1.03	3.44	-
Other Operating Activities	927.38	657.38	611.1	382.02
Change in Accounts Receivable	-127.84	-439.84	-411.82	-251.69
Change in Inventory	-49.75	-178.75	-171.37	-94.96
Change in Accounts Payable	476.23	339.23	540.14	607.74
Change in Unearned Revenue	21.77	6.77	4.84	1.27
Change in Other Net Operating Assets	128.43	74.43	189.99	16.9
Operating Cash Flow	3,609	2,179	2,199	2,070
Operating Cash Flow Growth	64.16%	-0.88%	6.23%	-
Capital Expenditures	-1,418	-1,473	-1,324	-1,060
Sale of Property, Plant & Equipment	104.89	7.89	340.32	33.95
Cash Acquisitions	-96.43	-2.43	-4.16	-286.74
Investment in Securities	0.04	47.04	-47.04	-1
Other Investing Activities	34.83	33.83	6.2	0.14
Investing Cash Flow	-1,405	-1,575	-1,030	-1,333
Long-Term Debt Issued	-	5,278	151.08	419.58
Long-Term Debt Repaid	-	-4,435	-874.68	-746.51
Net Debt Issued (Repaid)	-623.69	843.31	-723.6	-326.94
Issuance of Common Stock	-	-	-	0.29
Other Financing Activities	-983.93	-1,079	-647.31	-302.61
Financing Cash Flow	-1,608	-235.62	-1,371	-629.25
Net Cash Flow	595.44	368.44	-202.5	107.1
Free Cash Flow	2,191	706.17	874.74	1,010
Free Cash Flow Growth	150.49%	-19.27%	-13.35%	-
Free Cash Flow Margin	9.63%	3.57%	5.47%	8.08%
Free Cash Flow Per Share	-	11.48	14.21	16.40
Cash Interest Paid	984.57	1,060	647.31	302.61
Cash Income Tax Paid	106.4	308.4	200.1	84.43
Levered Free Cash Flow	-	-267.02	396.51	-
Unlevered Free Cash Flow	-	326.78	826.55	-
Change in Net Working Capital	-	433.25	-310.55	-

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