CIAK Grupa d.d. Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	11.41	9.29	7.03	6.14	9.33
Depreciation & Amortization	15.72	14.31	10.81	9.3	6.63
Other Amortization	-	0.45	0.27	0.16	0.12
Loss (Gain) From Sale of Assets	-0.16	-0.69	-0.91	-0.32	-0.01
Asset Writedown & Restructuring Costs	-	3.74	-	0.01	0.16
Loss (Gain) From Sale of Investments	1.12	-	-	-	-
Provision & Write-off of Bad Debts	-	0.87	2.35	0.42	-0.47
Other Operating Activities	3.63	-4.89	3.87	1.5	-0.96
Change in Accounts Receivable	-4.95	-3.89	-9.74	-2.33	-6.26
Change in Inventory	-5.85	-30.14	-12.22	-12.5	-15.34
Change in Accounts Payable	-	25.07	10.01	14.57	12.78
Change in Other Net Operating Assets	5.74	-	-	-	-
Operating Cash Flow	26.65	14.11	11.46	16.94	5.98
Operating Cash Flow Growth	88.86%	23.16%	-32.38%	183.47%	609.45%
Capital Expenditures	-8.87	-11.39	-10.6	-5.56	-8.15
Sale of Property, Plant & Equipment	5.51	0.16	-	0.28	0.08
Cash Acquisitions	-	-	-	-0.75	-18.41
Divestitures	-	-	-	-	-0.09
Sale (Purchase) of Intangibles	-	1.54	2.67	-	-
Investment in Securities	-	-	-	-	-0.41
Other Investing Activities	-	0.53	-0.95	-0.11	0.26
Investing Cash Flow	-3.36	-9.16	-8.88	-6.13	-26.7
Long-Term Debt Issued	17.59	71.52	22.16	13.63	17.34
Long-Term Debt Repaid	-38.69	-64.71	-21.9	-15.64	-13.01
Net Debt Issued (Repaid)	-21.1	6.82	0.26	-2.02	4.33
Repurchase of Common Stock	-0.27	-0.18	-0.16	-0.13	-0.08
Common Dividends Paid	-3.36	-3.56	-3.04	-4.62	-
Financing Cash Flow	-24.72	3.09	-2.93	-6.78	4.25
Net Cash Flow	-1.44	8.03	-0.36	4.04	-16.48
Free Cash Flow	17.78	2.72	0.85	11.39	-2.17
Free Cash Flow Growth	553.56%	218.50%	-92.50%	-	-
Free Cash Flow Margin	4.48%	0.78%	0.31%	5.03%	-1.21%
Free Cash Flow Per Share	-	0.14	0.04	0.58	-0.11
Cash Interest Paid	2.64	2.89	2.02	0.64	0.69
Cash Income Tax Paid	1.27	3	2.42	2.09	0.47
Levered Free Cash Flow	27.69	-8.72	-2.74	8.08	-18.35
Unlevered Free Cash Flow	30.43	-6.13	-1.19	8.93	-17.81
Change in Working Capital	-5.06	-8.97	-11.95	-0.26	-8.82

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