Zaklady Azotowe Pulawy S.A. (WSE:ZAP)
Poland · Delayed Price · Currency is PLN 45.60
-0.10 (-0.22%)
Jul 31, 2026, 4:48 PM CET
Zaklady Azotowe Pulawy Cash Flow Statement
Financials in millions PLN. Fiscal year is January - December.
Millions PLN. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -242.66 | -358.04 | -368.22 | -621.56 | 290.55 | 209.54 |
Depreciation & Amortization | 286.14 | 290.72 | 267.24 | 256.5 | 250 | 249.6 |
Other Amortization | 2.21 | 2.21 | 2.51 | 3.12 | 3.33 | 2.96 |
Loss (Gain) From Sale of Assets | 24.58 | 18.25 | -240.43 | -3.09 | 569.12 | 269.03 |
Loss (Gain) on Equity Investments | -1.62 | -1.82 | -1.43 | -1.58 | -0.65 | -0.8 |
Other Operating Activities | 44.4 | 21.2 | 136.75 | -60 | -38.08 | -127.84 |
Change in Accounts Receivable | 171.81 | 367.06 | 338.17 | 352.73 | 258 | -334.5 |
Change in Inventory | 578.32 | 554.46 | 272.49 | 103.87 | -579.65 | -589.47 |
Change in Unearned Revenue | 42.65 | -5.2 | -5.25 | -5.81 | -6.57 | -6.13 |
Change in Other Net Operating Assets | 2,178 | 2,191 | 2,091 | 2,468 | 1,546 | 2,496 |
Operating Cash Flow | 3,084 | 3,079 | 2,493 | 2,492 | 2,292 | 2,169 |
Operating Cash Flow Growth | 0.93% | 23.51% | 0.03% | 8.73% | 5.70% | 255.43% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -125.18 | -131.43 | -246.26 | -509.46 | -457.98 | -1,042 |
Sale of Property, Plant & Equipment | 22.67 | 32.81 | 0.93 | 0.38 | 1.03 | 0.89 |
Sale (Purchase) of Real Estate | - | - | -0.02 | - | - | - |
Investment in Securities | - | - | 2 | - | - | -2 |
Other Investing Activities | - | - | 1.05 | 1.15 | 0.69 | 0.46 |
Investing Cash Flow | -102.5 | -98.63 | -242.3 | -507.93 | -456.26 | -1,043 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 341.8 | 371.99 | 214.2 | 76.83 | 59.43 |
Total Debt Issued | 317.22 | 341.8 | 371.99 | 214.2 | 76.83 | 59.43 |
Short-Term Debt Repaid | - | - | - | - | -1,717 | -683.52 |
Long-Term Debt Repaid | - | -3,172 | -2,737 | -2,531 | -64.59 | -41.46 |
Total Debt Repaid | -3,050 | -3,172 | -2,737 | -2,531 | -1,782 | -724.97 |
Net Debt Issued (Repaid) | -2,733 | -2,830 | -2,365 | -2,316 | -1,705 | -665.55 |
Common Dividends Paid | - | - | - | - | -126.16 | -0.17 |
Other Financing Activities | -76.05 | -79.07 | -70.46 | -66.63 | -25.27 | -5.96 |
Financing Cash Flow | -2,809 | -2,909 | -2,435 | -2,383 | -1,856 | -671.67 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 172.47 | 71.9 | -184.46 | -398.52 | -20.34 | 453.95 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 2,959 | 2,948 | 2,247 | 1,983 | 1,834 | 1,126 |
Free Cash Flow Growth | 4.19% | 31.20% | 13.31% | 8.10% | 62.86% | - |
Free Cash Flow Margin | 75.22% | 75.66% | 64.55% | 45.07% | 20.61% | 20.52% |
Free Cash Flow Per Share | 154.78 | 154.22 | 117.55 | 103.74 | 95.96 | 58.92 |
Levered Free Cash Flow | 267.55 | 177.22 | 34.96 | -130.74 | -152.24 | 164.15 |
Unlevered Free Cash Flow | 337.37 | 251.08 | 95.15 | -90.94 | -137.19 | 170.61 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 79.95 | 79.95 | 67.78 | 59.88 | 22.45 | 10.43 |
Cash Income Tax Paid | 6.17 | 5.74 | -30.3 | 78.65 | 26.86 | 66.35 |
Change in Working Capital | 2,971 | 3,107 | 2,697 | 2,919 | 1,218 | 1,566 |