ALDANI MASTER CAPITAL Cash Flow Statement

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

Millions RON. 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020	2019 - 2015
Net Income	-	1.39	1.39	-	-	0.06	Upgrade
Depreciation & Amortization	-	-	-	-	-	0.03	Upgrade
Other Operating Activities	-	-0.56	0.02	-	-	0	Upgrade
Change in Accounts Receivable	-	0.02	0.06	-	-	-0.18	Upgrade
Change in Accounts Payable	-	-	-	-	-	-0.04	Upgrade
Change in Other Net Operating Assets	-	0.46	0.09	-	-	-	Upgrade
Operating Cash Flow	-	1.32	1.56	-	-	-0.13	Upgrade
Operating Cash Flow Growth	-	-15.79%	-	-	-	-	Upgrade
Sale of Property, Plant & Equipment	-	0.23	0.32	-	-	0.31	Upgrade
Other Investing Activities	-	-8.09	8.21	-	-	0	Upgrade
Investing Cash Flow	-	-7.86	8.53	-	-	0.31	Upgrade
Long-Term Debt Issued	-	0.04	3.25	-	-	-	Upgrade
Long-Term Debt Repaid	-	-0.54	-3.34	-	-	-	Upgrade
Net Debt Issued (Repaid)	-	-0.51	-0.09	-	-	-	Upgrade
Issuance of Common Stock	-	4.05	0.46	-	-	-	Upgrade
Common Dividends Paid	-	-1.98	-0.64	-	-	-	Upgrade
Other Financing Activities	-	-1.07	-1.15	-	-	-	Upgrade
Financing Cash Flow	-	0.5	-1.41	-	-	-	Upgrade
Net Cash Flow	-	-6.04	8.68	-	-	0.19	Upgrade
Cash Interest Paid	-	-	0.02	-	-	-	Upgrade
Cash Income Tax Paid	-	0.11	0	-	-	0	Upgrade
Levered Free Cash Flow	-	0	1.03	-	-	-0.17	Upgrade
Unlevered Free Cash Flow	-	0	1.05	-	-	-0.17	Upgrade
Change in Working Capital	-	0.48	0.15	-	-	-0.23	Upgrade

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