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	Feb '26 Feb 28, 2026	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	-174,544	-133,152	396.77	33,699	-1,511	-2,312
Depreciation & Amortization	49,939	60,201	37,357	26,097	5,398	2,784
Other Amortization	-	-	-	12.51	-	-
Other Operating Activities	118,172	37,139	-4,213	-27,908	2,228	3,966
Operating Cash Flow	-6,434	-35,812	33,540	31,900	6,115	4,439
Operating Cash Flow Growth	-	-	5.14%	421.64%	37.77%	157.40%
Capital Expenditures	160.77	-3,731	-5,500	-8,668	-359.93	-237.76
Sale of Property, Plant & Equipment	-1,184	251.37	269.4	287.49	7.89	68.94
Cash Acquisitions	-	-	-	-	-	-49.39
Investment in Securities	1,782	-1,174	-1,075	8,148	6,856	25.98
Other Investing Activities	650.09	-	-	-	-	-
Investing Cash Flow	1,408	-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)	-24,010	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	26,344	-15,143	-15,633	-16,261	-5,241	-3,054
Financing Cash Flow	2,334	24,101	-7,134	-26,069	-11,547	-3,994
Foreign Exchange Rate Adjustments	220.25	254.26	978.46	235.95	358.29	55.31
Miscellaneous Cash Flow Adjustments	-531.21	-3,419	-15,548	-4,988	-869.41	-436.18
Net Cash Flow	-3,002	-19,529	5,531	846.52	560.56	-128.06
Free Cash Flow	-6,273	-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	-5.76%	-15.29%	6.03%	7.09%	7.51%	12.53%
Free Cash Flow Per Share	-0.62	-391.62	277.70	2.30	0.57	0.42
Cash Interest Paid	-	22,618	15,633	17,135	5,025	2,978
Levered Free Cash Flow	35,190	22,398	27,358	11,230	8,151	61.68
Unlevered Free Cash Flow	52,044	46,359	48,997	24,914	11,625	1,978

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