BELEX:ENHL Cash Flow Statement

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

Millions RSD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	-13.03	-39.22	-32.66	622.13	1,111	Upgrade
Depreciation & Amortization	454.44	517.91	529.97	429.55	486.8	Upgrade
Other Operating Activities	-326.22	52.44	1,953	-646.7	-48.47	Upgrade
Operating Cash Flow	115.19	531.13	2,450	404.97	1,549	Upgrade
Operating Cash Flow Growth	-78.31%	-78.32%	505.04%	-73.85%	-49.27%	Upgrade
Capital Expenditures	-88.26	-488.55	-478.23	-310.87	-93.21	Upgrade
Sale of Property, Plant & Equipment	179.54	21.62	121.7	112.62	49.8	Upgrade
Investment in Securities	423.2	-139.81	-77	131.46	-118.41	Upgrade
Other Investing Activities	328.55	141.93	39.74	27.53	59.3	Upgrade
Investing Cash Flow	843.02	-464.8	-393.79	-39.26	-102.51	Upgrade
Short-Term Debt Issued	161.87	27.72	955.81	0.21	1,664	Upgrade
Long-Term Debt Issued	-	5.1	1	-	58.79	Upgrade
Total Debt Issued	161.87	32.82	956.81	0.21	1,723	Upgrade
Short-Term Debt Repaid	-21.47	-457.15	-147.02	-307.8	-5,225	Upgrade
Long-Term Debt Repaid	-80.66	-268.38	-293.32	-793.05	-546.85	Upgrade
Total Debt Repaid	-102.13	-725.53	-440.34	-1,101	-5,772	Upgrade
Net Debt Issued (Repaid)	59.74	-692.71	516.47	-1,101	-4,049	Upgrade
Common Dividends Paid	-34.85	-24.97	-182.86	-11.8	-0.28	Upgrade
Other Financing Activities	-5.92	-49.39	-58.05	-11.04	3,290	Upgrade
Financing Cash Flow	18.97	-767.07	275.56	-1,123	-759	Upgrade
Foreign Exchange Rate Adjustments	-21.24	-71.57	319.19	45.84	-229.47	Upgrade
Net Cash Flow	955.95	-772.3	2,651	-711.94	457.87	Upgrade
Free Cash Flow	26.93	42.58	1,972	94.1	1,456	Upgrade
Free Cash Flow Growth	-36.75%	-97.84%	1995.71%	-93.54%	-50.41%	Upgrade
Free Cash Flow Margin	0.29%	0.40%	13.77%	0.46%	5.59%	Upgrade
Free Cash Flow Per Share	2.49	3.93	182.03	8.69	134.36	Upgrade
Cash Interest Paid	418.42	309.59	257.74	229.02	172.93	Upgrade
Cash Income Tax Paid	214.49	108.63	286.67	436.51	164.58	Upgrade
Levered Free Cash Flow	142.09	-731.26	1,175	-1,197	4,104	Upgrade
Unlevered Free Cash Flow	387.9	-455.61	1,357	-1,082	4,199	Upgrade

Updated May 9, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.