BVB:BALN Cash Flow Statement

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

Millions RON. 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	Jan '25 Jan 1, 2025	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Net Income	-1.4	-1.47	-2.88	-3.48	-1.98	Upgrade
Depreciation & Amortization	1.23	1.67	1.49	1.63	1.38	Upgrade
Loss (Gain) From Sale of Assets	-1.66	0.02	-0.03	-0.05	-0.07	Upgrade
Other Operating Activities	0.49	0.08	0.01	-1.88	0.17	Upgrade
Change in Accounts Receivable	-0.34	-0.19	-0.03	0.57	-0.41	Upgrade
Change in Inventory	0.04	-0.02	0.01	0.05	-0.07	Upgrade
Change in Unearned Revenue	-	-	-0.03	-	-0.14	Upgrade
Change in Other Net Operating Assets	-0.34	0.5	-0.06	2.12	0.4	Upgrade
Operating Cash Flow	-1.99	0.59	-1.51	-1.03	-0.72	Upgrade
Capital Expenditures	-0.07	-0.12	-0.09	-0.87	-0.3	Upgrade
Sale of Property, Plant & Equipment	2.24	-	0.03	0.18	0.49	Upgrade
Other Investing Activities	-	-	0.01	-	-	Upgrade
Investing Cash Flow	2.17	-0.12	-0.05	-0.69	0.19	Upgrade
Long-Term Debt Issued	-	-	0.38	3.47	0.65	Upgrade
Long-Term Debt Repaid	-0.92	-0.47	-	-	-	Upgrade
Net Debt Issued (Repaid)	-0.92	-0.47	0.38	3.47	0.65	Upgrade
Financing Cash Flow	-0.92	-0.47	0.38	3.47	0.65	Upgrade
Miscellaneous Cash Flow Adjustments	-0	-0	-	-	-	Upgrade
Net Cash Flow	-0.74	-0	-1.19	1.76	0.12	Upgrade
Free Cash Flow	-2.06	0.46	-1.6	-1.9	-1.02	Upgrade
Free Cash Flow Margin	-21.55%	4.45%	-17.74%	-28.52%	-26.53%	Upgrade
Free Cash Flow Per Share	-0.01	0.00	-0.01	-0.01	-0.01	Upgrade
Cash Interest Paid	0.55	0.62	0.6	0.26	0.07	Upgrade
Cash Income Tax Paid	-	-	0	0.11	0.04	Upgrade
Levered Free Cash Flow	0.23	0.88	-1.21	2.11	0.19	Upgrade
Unlevered Free Cash Flow	0.57	1.26	-0.83	2.27	0.23	Upgrade
Change in Working Capital	-0.65	0.28	-0.11	2.74	-0.22	Upgrade

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