Fintel Energija a.d. Cash Flow Statement

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

Millions RSD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Jun '25 Jun 30, 2025	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	290.96	302.5	399.18	354.95	462.63	-23.06	Upgrade
Depreciation & Amortization	615.12	615.13	615.21	611.33	593.04	588.74	Upgrade
Other Operating Activities	689.29	753.91	740.59	303.87	386.47	234.52	Upgrade
Operating Cash Flow	1,595	1,672	1,755	1,270	1,442	800.2	Upgrade
Operating Cash Flow Growth	-4.23%	-4.75%	38.17%	-11.93%	80.22%	3654.86%	Upgrade
Capital Expenditures	-1,119	-576.99	-285.44	-569.68	-560.16	-83.35	Upgrade
Investment in Securities	-278.5	-277.72	-6.57	-87.04	-404.31	-	Upgrade
Investing Cash Flow	-1,397	-854.71	-292	-656.71	-964.47	-83.35	Upgrade
Long-Term Debt Issued	-	6,896	-	-	1,400	-	Upgrade
Total Debt Issued	8,381	6,896	-	-	1,400	-	Upgrade
Long-Term Debt Repaid	-	-7,495	-985.27	-891.07	-1,617	-658.17	Upgrade
Net Debt Issued (Repaid)	1,107	-599.68	-985.27	-891.07	-217.11	-658.17	Upgrade
Repurchase of Common Stock	-	-	-	-0.39	-	-	Upgrade
Common Dividends Paid	-26.54	-415.91	-28.38	-43.8	-44.62	-26.68	Upgrade
Other Financing Activities	0.03	0.03	-	-	-	0	Upgrade
Financing Cash Flow	1,081	-1,016	-1,014	-935.26	-261.73	-684.85	Upgrade
Foreign Exchange Rate Adjustments	-0.12	-	-	-	-	-	Upgrade
Net Cash Flow	1,279	-198.73	449.32	-321.82	215.94	32	Upgrade
Free Cash Flow	476.46	1,095	1,470	700.48	881.98	716.85	Upgrade
Free Cash Flow Growth	-68.13%	-25.52%	109.79%	-20.58%	23.04%	-	Upgrade
Free Cash Flow Margin	18.97%	39.98%	54.13%	32.25%	35.55%	40.02%	Upgrade
Free Cash Flow Per Share	17.97	41.29	55.43	26.42	33.27	27.05	Upgrade
Cash Interest Paid	323.68	341.81	419.41	360.28	600.99	532.64	Upgrade
Cash Income Tax Paid	152.59	169.81	278.76	157.63	31.37	41.42	Upgrade
Levered Free Cash Flow	465.03	184.45	1,287	360.98	517.4	665.62	Upgrade
Unlevered Free Cash Flow	744.89	469.38	1,577	639.41	916.87	1,082	Upgrade

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