Cash flow statement

	1 January–31 December 2025	1 January–31 December 2024
Cash flow from operations:
Profit (loss) before extraordinary items (+/-)	916,429.99	1,197,850.91
Adjustments to operating profit (+/-):
Depreciation according to plan	26,538.94	26,408.11
Financial income and expenses	–178,640,50	–352,474,72
Other adjustments	124,199.00	150,878.93
Cash flow before change in working capital	888,527.43	1,022,663.23
Change in working capital:
Increase/decrease in short-term non-interest-bearing receivables	1,495,928.84	–863,327,23
Increase/decrease in short-term non-interest-bearing liabilities	–967,450,54	26,630.82
Cash flow from operating activities before financial items and taxes	1,417,005.73	185,966.82

Interest and other financial expenses paid for operating activities	–36,437,93	–75,175,19
Interest income from business operations	215,078.42	427,649.88
Direct taxes paid (-)	–24,017,05	0.00
Cash flow from operations (A)	1,571,629.17	538,441.51

Cash flow from investments:
Investments in tangible and intangible assets (-)	0.00	–38,088,50
Cash flow from investments (B)	0.00	–38,088,50

Change in cash and cash equivalents (A+B+C), increase (+) / decrease (–)	1,571,629.17	500,353.01

Cash and cash equivalents at the beginning of the financial period	11,083,617.41	10,583,264.40
Cash and cash equivalents at the end of the financial period	12,655,246.58	11,083,617.41
	1,571,629.17	500,353.01