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Zaklady Azotowe Pulawy S.A. (WSE:ZAP)
Poland flag Poland · Delayed Price · Currency is PLN
44.00
-0.30 (-0.68%)
Sep 30, 2026, 4:49 PM CET

Zaklady Azotowe Pulawy Cash Flow Statement

Millions PLN. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
-203.41-358.04-368.22-621.56290.55209.54
Depreciation & Amortization
281.43290.72267.24256.5250249.6
Other Amortization
2.212.212.513.123.332.96
Loss (Gain) From Sale of Assets
26.918.25-240.43-3.09569.12269.03
Loss (Gain) on Equity Investments
-2.8-1.82-1.43-1.58-0.65-0.8
Other Operating Activities
40.2421.2136.75-60-38.08-127.84
Change in Accounts Receivable
-368.99367.06338.17352.73258-334.5
Change in Inventory
777.36554.46272.49103.87-579.65-589.47
Change in Unearned Revenue
63.33-5.2-5.25-5.81-6.57-6.13
Change in Other Net Operating Assets
2,1442,1912,0912,4681,5462,496
Operating Cash Flow
2,7603,0792,4932,4922,2922,169
Operating Cash Flow Growth
-11.33%23.51%0.03%8.73%5.70%255.43%

Investing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Capital Expenditures
-103.38-131.43-246.26-509.46-457.98-1,042
Sale of Property, Plant & Equipment
22.6332.810.930.381.030.89
Sale (Purchase) of Real Estate
---0.02---
Investment in Securities
--2---2
Other Investing Activities
--1.051.150.690.46
Investing Cash Flow
-80.75-98.63-242.3-507.93-456.26-1,043

Financing Activities

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Long-Term Debt Issued
-341.8371.99214.276.8359.43
Total Debt Issued
276.18341.8371.99214.276.8359.43
Short-Term Debt Repaid
-----1,717-683.52
Long-Term Debt Repaid
--3,172-2,737-2,531-64.59-41.46
Lease Payments
-29.93-30.83-29.42-30.95-29.35-28.59
Total Debt Repaid
-2,976-3,172-2,737-2,531-1,782-724.97
Net Debt Issued (Repaid)
-2,700-2,830-2,365-2,316-1,705-665.55
Common Dividends Paid
-----126.16-0.17
Other Financing Activities
-74.39-79.07-70.46-66.63-25.27-5.96
Financing Cash Flow
-2,775-2,909-2,435-2,383-1,856-671.67

Net Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Cash Flow
-95.3971.9-184.46-398.52-20.34453.95

Free Cash Flow

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Free Cash Flow
2,6572,9482,2471,9831,8341,126
Free Cash Flow Growth
-8.98%31.20%13.31%8.10%62.86%-
Free Cash Flow Margin
69.77%75.66%64.55%45.07%20.61%20.52%
Free Cash Flow Per Share
138.98154.22117.55103.7495.9658.92
Levered Free Cash Flow
37.89177.2234.96-130.74-152.24164.15
Unlevered Free Cash Flow
100.8251.0895.15-90.94-137.19170.61
Free Cash Flow After Leases
2,6272,9172,2171,9521,8051,098

Additional Metrics

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Jun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash Interest Paid
73.6279.9567.7859.8822.4510.43
Cash Income Tax Paid
8.345.74-30.378.6526.8666.35
Change in Working Capital
2,6153,1072,6972,9191,2181,566