Autopistas Del Sol Cash Flow Statement

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

Millions ARS. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
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
Net Income	77,592	-120,601	131,723	6,351	-1,015
Depreciation & Amortization	4,892	5,433	3,279	1,403	469.65
Loss (Gain) From Sale of Assets	-147	-167	-258.6	-17.72	-19.16
Provision & Write-off of Bad Debts	51,813	54,991	30,062	11,931	249.76
Other Operating Activities	-110,553	71,497	-162,677	-1,272	4,698
Change in Accounts Receivable	2,503	-3,549	-221.31	1,332	-257.87
Change in Inventory	-135	-55	55.56	8.18	8.03
Change in Accounts Payable	-4,125	-142	-9,448	-1,201	-274.17
Change in Unearned Revenue	-370	-192	-1,172	-90.97	290.21
Change in Income Taxes	-1,709	-2,839	-463.32	-3,006	-923.01
Change in Other Net Operating Assets	-3,773	-1,496	-710.69	-557.3	-731.34
Operating Cash Flow	15,988	2,880	-9,831	14,879	2,495
Operating Cash Flow Growth	455.14%	-	-	496.47%	-
Capital Expenditures	-1,611	-1,615	-2,553	-976.42	-275.98
Sale of Property, Plant & Equipment	147	254	280.11	17.72	50.96
Investment in Securities	-13,528	-1,856	4,324	-7,136	-
Other Investing Activities	828	1,811	4,797	456.57	2,564
Investing Cash Flow	-14,164	-1,406	6,848	-7,638	2,339
Common Dividends Paid	-	-	-	-2,346	-
Financing Cash Flow	-	-	-	-2,346	-
Foreign Exchange Rate Adjustments	3,644	2,905	12,408	-2,582	32.37
Miscellaneous Cash Flow Adjustments	-5,148	-5,391	-9,025	-11,311	-459.37
Net Cash Flow	320	-1,012	400.21	-8,998	4,406
Free Cash Flow	14,377	1,265	-12,384	13,903	2,219
Free Cash Flow Growth	1036.52%	-	-	526.65%	-
Free Cash Flow Margin	5.75%	0.55%	-7.89%	18.20%	8.77%
Free Cash Flow Per Share	162.66	14.31	-140.12	157.30	25.10
Levered Free Cash Flow	53,756	44,960	21,967	18,576	7,526
Unlevered Free Cash Flow	53,772	44,964	21,978	18,582	7,540
Change in Working Capital	-7,609	-8,273	-11,959	-3,515	-1,888

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.