XTB S.A. (WSE:XTB)

XTB S.A. Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	804	857.03	791.17	766.1	237.83	402.09
Depreciation & Amortization, Total	21.49	19.55	16.84	11.76	8.68	7.53
Change in Accounts Payable	1,887	1,527	310.39	317.24	807.25	629.45
Change in Other Net Operating Assets	-1,826	-1,442	-313.04	-142.01	-778.53	-531.62
Other Operating Activities	13.51	-12.43	-279.99	341.73	-4.85	22.2
Operating Cash Flow	706.1	828.26	479.25	1,149	199.01	469.14
Capital Expenditures	-23.22	-19.28	-14.46	-12.63	-7.81	-4.35
Sale (Purchase) of Intangibles	-0.28	-1.38	-0.11	-1.12	-0.21	-0.32
Investment in Securities	364.55	-24.61	-30.1	-24.78	60.51	-382.02
Other Investing Activities	14.22	22.37	325.54	-290.19	2.38	2.47
Investing Cash Flow	355.26	-22.88	280.87	-328.7	54.89	-384.23
Long-Term Debt Repaid	-	-10.55	-11.4	-5.02	-5.74	-4.37
Net Debt Issued (Repaid)	-11.83	-10.55	-11.4	-5.02	-5.74	-4.37
Issuance of Common Stock	7.64	7.26	14.54	-	-	-
Repurchase of Common Stock	-7.38	-7.75	-	-	-	-
Common Dividends Paid	-640.75	-590.2	-570.48	-176.08	-210.12	-28.17
Other Financing Activities	-1.06	-0.77	-1.11	-0.84	-0.31	-0.31
Financing Cash Flow	-653.38	-602.01	-568.46	-181.93	-216.17	-32.85
Foreign Exchange Rate Adjustments	-20.07	6.25	-4.27	-5.36	9.46	5.79
Net Cash Flow	387.91	209.62	187.4	633.11	47.19	57.85
Free Cash Flow	682.88	808.98	464.79	1,136	191.2	464.78
Free Cash Flow Growth	-12.89%	74.05%	-59.10%	494.38%	-58.86%	709.89%
Free Cash Flow Margin	32.74%	43.54%	28.95%	78.44%	30.56%	58.18%
Free Cash Flow Per Share	5.81	6.88	3.95	9.68	1.63	3.96
Cash Interest Paid	1.22	1.05	2.67	0.84	0.31	0.31
Cash Income Tax Paid	182.32	201.62	146.03	133.73	47.97	92.19

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.