Holding Nov Vek AD Cash Flow Statement

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

Millions BGN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
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	2020 - 2016
Net Income	-3.8	-4.38	-0.13	5.03	-0.74	Upgrade
Depreciation & Amortization	2.03	1.94	1.8	1.74	1.82	Upgrade
Other Operating Activities	6.66	1.36	-2.06	-6.86	5.67	Upgrade
Operating Cash Flow	4.89	-1.09	-0.39	-0.1	6.75	Upgrade
Capital Expenditures	-1.06	-3.51	-4.33	-5.9	-1.15	Upgrade
Sale of Property, Plant & Equipment	0	0.03	0.38	4.49	0.4	Upgrade
Cash Acquisitions	-	-	-	-	-5.47	Upgrade
Divestitures	-	4.55	1.23	21.61	-	Upgrade
Sale (Purchase) of Real Estate	-	-	3.92	-	6.79	Upgrade
Investment in Securities	1.49	-0.16	0.96	-43.17	-0.43	Upgrade
Other Investing Activities	-2.06	-3.38	-0.16	2.24	0.54	Upgrade
Investing Cash Flow	-1.63	-2.25	10.95	-18.25	0.68	Upgrade
Long-Term Debt Issued	12.96	19.08	16.71	56.05	59.16	Upgrade
Long-Term Debt Repaid	-12.44	-13.72	-23.92	-33.4	-63.22	Upgrade
Net Debt Issued (Repaid)	0.52	5.37	-7.21	22.65	-4.06	Upgrade
Common Dividends Paid	-0.15	-	-	-	-	Upgrade
Other Financing Activities	-3.73	-4.13	-3.01	-2.35	-3.52	Upgrade
Financing Cash Flow	-3.36	1.24	-10.22	20.3	-7.58	Upgrade
Net Cash Flow	-0.1	-2.1	0.34	1.95	-0.14	Upgrade
Free Cash Flow	3.83	-4.6	-4.72	-5.99	5.6	Upgrade
Free Cash Flow Margin	11.23%	-15.06%	-13.16%	-15.68%	21.97%	Upgrade
Free Cash Flow Per Share	0.82	-0.82	-0.74	-1.07	1.00	Upgrade
Cash Interest Paid	-	3.85	2.76	2.21	2.89	Upgrade
Cash Income Tax Paid	-	0.18	0.1	0.03	0.04	Upgrade
Levered Free Cash Flow	11.5	11.25	-10.61	10.48	-	Upgrade
Unlevered Free Cash Flow	13.93	13.77	-8.29	12.02	-	Upgrade

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