S.C. Independenta 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	2020 - 2016
Net Income	4.23	3.33	-	-	-	Upgrade
Depreciation & Amortization	1.08	1.06	-	-	-	Upgrade
Loss (Gain) From Sale of Assets	0.08	0.15	-	-	-	Upgrade
Other Operating Activities	0.23	0.25	-	-	-	Upgrade
Change in Accounts Receivable	-0.75	0.13	-1.77	-2.13	-2.41	Upgrade
Change in Inventory	0.4	-0.35	-1.21	-1.18	-1.21	Upgrade
Change in Accounts Payable	-0.9	1.61	1.66	1.21	0.79	Upgrade
Change in Other Net Operating Assets	0.2	-0.6	-	-1.1	-4.5	Upgrade
Operating Cash Flow	4.58	5.59	-1.32	-3.19	-7.33	Upgrade
Operating Cash Flow Growth	-18.14%	-	-	-	-	Upgrade
Sale of Property, Plant & Equipment	0.03	0.33	-	-	-	Upgrade
Investment in Securities	-4.35	-3.96	-	-	-	Upgrade
Investing Cash Flow	-4.31	-3.63	-	-	-	Upgrade
Common Dividends Paid	-1.52	-1.01	-	-	-	Upgrade
Financing Cash Flow	-1.52	-1.01	-	-	-	Upgrade
Miscellaneous Cash Flow Adjustments	-	-	1.87	2.66	6.68	Upgrade
Net Cash Flow	-1.26	0.96	0.55	-0.53	-0.65	Upgrade
Free Cash Flow	4.58	5.59	-1.32	-3.19	-7.33	Upgrade
Free Cash Flow Growth	-18.14%	-	-	-	-	Upgrade
Free Cash Flow Margin	35.17%	50.94%	-20.01%	-64.04%	-161.56%	Upgrade
Free Cash Flow Per Share	1.59	1.95	-0.46	-1.11	-2.55	Upgrade
Levered Free Cash Flow	3.06	4.91	2.01	1.5	1.63	Upgrade
Unlevered Free Cash Flow	3.06	4.91	2.01	1.5	1.64	Upgrade
Change in Working Capital	-1.04	0.8	-1.32	-3.19	-7.33	Upgrade

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