Korado-Bulgaria 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	0.78	2.21	3.57	4.38	4.76	Upgrade
Depreciation & Amortization	1.12	1.11	1.08	1.06	1.08	Upgrade
Other Amortization	0	0.01	0.01	0.01	0.01	Upgrade
Asset Writedown & Restructuring Costs	-	-0	-	-	-	Upgrade
Other Operating Activities	-0.55	2.61	-1.52	-4.04	-3.73	Upgrade
Operating Cash Flow	1.36	5.93	3.13	1.41	2.12	Upgrade
Operating Cash Flow Growth	-77.15%	89.22%	122.74%	-33.51%	-61.01%	Upgrade
Capital Expenditures	-0.59	-0.51	-0.89	-0.42	-0.65	Upgrade
Investing Cash Flow	-0.59	-0.51	-0.89	-0.42	-0.65	Upgrade
Long-Term Debt Issued	-	-	-	2.35	-	Upgrade
Total Debt Issued	-	-	-	2.35	-	Upgrade
Long-Term Debt Repaid	-0.14	-0.12	-0.12	-0.2	-0.1	Upgrade
Total Debt Repaid	-0.14	-0.12	-0.12	-0.2	-0.1	Upgrade
Net Debt Issued (Repaid)	-0.14	-0.12	-0.12	2.15	-0.1	Upgrade
Common Dividends Paid	-0.66	-3.82	-1.32	-3.82	-3.82	Upgrade
Financing Cash Flow	-0.8	-3.93	-1.44	-1.67	-3.92	Upgrade
Net Cash Flow	-0.04	1.48	0.81	-0.68	-2.45	Upgrade
Free Cash Flow	0.76	5.42	2.25	0.99	1.47	Upgrade
Free Cash Flow Growth	-85.93%	141.03%	127.66%	-32.63%	-68.21%	Upgrade
Free Cash Flow Margin	1.98%	15.31%	5.67%	1.78%	2.49%	Upgrade
Free Cash Flow Per Share	0.06	0.41	0.17	0.07	0.11	Upgrade
Cash Interest Paid	0.03	0.01	0	0	0.01	Upgrade
Cash Income Tax Paid	0.24	0.31	0.44	0.56	0.45	Upgrade
Levered Free Cash Flow	0.49	5.87	4.51	-0.96	0.64	Upgrade
Unlevered Free Cash Flow	0.5	5.88	4.62	-0.9	0.69	Upgrade

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