Central Costanera 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	9,809	8,457	-117,701	11,891	-11,645
Depreciation & Amortization	34,510	47,431	92,211	21,687	10,979
Other Amortization	-	-	-	1,180	72.54
Asset Writedown	-3,012	-7,642	11,805	-	-81.94
Change in Accounts Receivable	-7,685	3,705	25,808	-2,020	25,936
Change in Inventory	-	-	-	-523.41	-851.09
Change in Accounts Payable	-4,898	-49,643	-15,131	26,988	-16,306
Change in Other Net Operating Assets	-5,074	-3,512	27,889	3,411	971.78
Other Operating Activities	22,346	25,191	-30,075	-13,822	-5,053
Operating Cash Flow	46,041	23,995	-5,127	48,791	4,022
Operating Cash Flow Growth	91.88%	-	-	1113.13%	-18.70%
Capital Expenditures	-24,126	-21,206	-4,779	-22,031	-5,085
Sale of Property, Plant & Equipment	-	1,469	74.17	-	399.49
Investment in Securities	-15,266	2,775	16,949	-15,362	2,769
Other Investing Activities	31.26	4.47	14.8	15.79	516.74
Investing Cash Flow	-39,360	-16,957	12,259	-37,377	-1,399
Short-Term Debt Issued	-	0.31	0.03	-	-
Long-Term Debt Issued	-	2,874	-	-	-
Total Debt Issued	-	2,874	0.03	-	-
Short-Term Debt Repaid	-49.54	-	-	-	-
Long-Term Debt Repaid	-4,403	-8,841	-4,221	-5,888	-3,133
Total Debt Repaid	-4,452	-8,841	-4,221	-5,888	-3,133
Net Debt Issued (Repaid)	-4,452	-5,967	-4,221	-5,888	-3,133
Common Dividends Paid	-	-	-9,028	-	-
Other Financing Activities	-667.05	-2,424	-622.17	-192.21	-379.86
Financing Cash Flow	-5,119	-8,391	-13,871	-6,080	-3,513
Foreign Exchange Rate Adjustments	-1,382	-1,079	12,806	-8,623	-2,372
Net Cash Flow	180.49	-2,433	6,067	-3,288	-3,262
Free Cash Flow	21,916	2,789	-9,906	26,761	-1,063
Free Cash Flow Growth	685.82%	-	-	-	-
Free Cash Flow Margin	13.57%	1.92%	-9.75%	52.50%	-5.19%
Free Cash Flow Per Share	31.22	3.97	-14.11	38.12	-1.51
Cash Interest Paid	667.05	2,424	622.17	192.21	379.86
Cash Income Tax Paid	-	-	1,347	6,364	805.61
Levered Free Cash Flow	-29,623	-6,180	37,940	-14,100	9,145
Unlevered Free Cash Flow	-26,102	-1,908	41,094	-12,297	10,028
Change in Working Capital	-17,657	-49,450	38,567	27,856	9,751

Source: S&P Global Market Intelligence. Utility template. Financial Sources.