Celulosa Argentina Cash Flow Statement

Financials in millions ARS. Fiscal year is June - May.

Millions ARS. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '25 Aug 31, 2025	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Net Income	-196,019	-133,152	396.77	33,699	-1,511	-2,312
Depreciation & Amortization	57,407	60,201	37,357	26,097	5,398	2,784
Other Amortization	-	-	-	12.51	-	-
Other Operating Activities	126,367	37,139	-4,213	-27,908	2,228	3,966
Operating Cash Flow	-12,245	-35,812	33,540	31,900	6,115	4,439
Operating Cash Flow Growth	-	-	5.14%	421.64%	37.77%	157.40%
Capital Expenditures	-1,003	-3,731	-5,500	-8,668	-359.93	-237.76
Sale of Property, Plant & Equipment	267.86	251.37	269.4	287.49	7.89	68.94
Cash Acquisitions	-	-	-	-	-	-49.39
Investment in Securities	-1,831	-1,174	-1,075	8,148	6,856	25.98
Other Investing Activities	558.31	-	-	-	-	-
Investing Cash Flow	-2,008	-4,653	-6,306	-233.21	6,504	-192.23
Long-Term Debt Issued	-	39,798	10,853	-	-	-
Long-Term Debt Repaid	-	-554.41	-2,354	-8,783	-6,306	-939.88
Net Debt Issued (Repaid)	18,065	39,244	8,500	-8,783	-6,306	-939.88
Preferred Dividends Paid	-	-	-	-	-	-0.02
Dividends Paid	-0.01	-0.01	-0.08	-1,025	-0.04	-0.02
Other Financing Activities	-9,260	-15,143	-15,633	-16,261	-5,241	-3,054
Financing Cash Flow	8,805	24,101	-7,134	-26,069	-11,547	-3,994
Foreign Exchange Rate Adjustments	287.2	254.26	978.46	235.95	358.29	55.31
Miscellaneous Cash Flow Adjustments	-2,134	-3,419	-15,548	-4,988	-869.41	-436.18
Net Cash Flow	-7,295	-19,529	5,531	846.52	560.56	-128.06
Free Cash Flow	-13,248	-39,543	28,040	23,232	5,755	4,201
Free Cash Flow Growth	-	-	20.70%	303.65%	37.00%	180.31%
Free Cash Flow Margin	-6.70%	-15.29%	6.03%	7.09%	7.51%	12.53%
Free Cash Flow Per Share	-1.31	-391.62	277.70	2.30	0.57	0.42
Cash Interest Paid	16,735	22,618	15,633	17,135	5,025	2,978
Levered Free Cash Flow	42,139	22,398	27,358	11,230	8,151	61.68
Unlevered Free Cash Flow	66,377	46,359	48,997	24,914	11,625	1,978

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