Remak-Energomontaz Cash Flow Statement

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

Millions PLN. 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	-10.76	4.99	5.39	2.41	9.45	Upgrade
Depreciation & Amortization	-	3.52	4.77	5.72	6.02	Upgrade
Other Amortization	-	0.01	-	-	-	Upgrade
Loss (Gain) From Sale of Assets	-	-0.1	-0.29	-0.14	-0.07	Upgrade
Other Operating Activities	8.38	0.46	1.25	0.4	0.56	Upgrade
Change in Accounts Receivable	-	-9.39	6.96	-4.19	65.69	Upgrade
Change in Inventory	-	9.43	-9.5	-0.12	-0.42	Upgrade
Change in Other Net Operating Assets	-	-24.54	7.52	-13.67	-96.22	Upgrade
Operating Cash Flow	-2.39	-15.62	16.11	-9.6	-14.98	Upgrade
Capital Expenditures	-	-5.55	-19.35	-1.48	-3.11	Upgrade
Sale of Property, Plant & Equipment	-	0.2	0.37	0.23	0.09	Upgrade
Other Investing Activities	-0.94	-	-	-	-	Upgrade
Investing Cash Flow	-0.94	-5.35	-18.99	-1.25	-3.03	Upgrade
Long-Term Debt Issued	-	8.91	-	-	-	Upgrade
Total Debt Issued	-	8.91	-	-	-	Upgrade
Long-Term Debt Repaid	-	-1.73	-1.05	-1.12	-1.23	Upgrade
Total Debt Repaid	-	-1.73	-1.05	-1.12	-1.23	Upgrade
Net Debt Issued (Repaid)	-	7.19	-1.05	-1.12	-1.23	Upgrade
Common Dividends Paid	-	-0.9	-	-	-	Upgrade
Other Financing Activities	16.58	-1.17	-0.43	-0.38	-0.4	Upgrade
Financing Cash Flow	16.58	5.11	-1.48	-1.5	-1.63	Upgrade
Net Cash Flow	13.26	-15.86	-4.36	-12.34	-19.64	Upgrade
Free Cash Flow	-2.39	-21.18	-3.25	-11.08	-18.1	Upgrade
Free Cash Flow Margin	-1.35%	-8.92%	-1.55%	-5.98%	-8.11%	Upgrade
Free Cash Flow Per Share	-0.80	-7.06	-1.08	-3.69	-6.03	Upgrade
Cash Interest Paid	-	1.17	0.43	0.38	0.4	Upgrade
Levered Free Cash Flow	-	-23.79	-4.71	-4.95	-17.15	Upgrade
Unlevered Free Cash Flow	-	-23.21	-3.62	-4.54	-17.04	Upgrade
Change in Working Capital	-	-24.5	4.98	-17.98	-30.95	Upgrade

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