Camuzzi Gas Pampeana 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	26,021	234,482	-5,388	12,749	-554.54
Depreciation & Amortization	30,300	18,268	9,089	4,210	1,265
Other Amortization	4,171	-	711.13	357.66	96.14
Loss (Gain) on Sale of Assets	-	-	-	-14,975	-
Loss (Gain) on Sale of Investments	-6,790	-4,437	-13,627	-5,006	-1,915
Asset Writedown	469.21	-216,019	58.7	79.3	15.66
Change in Accounts Receivable	-98,714	-124,259	-81,011	-22,201	13,534
Change in Inventory	104.69	-2,855	8,733	-490.78	138.34
Change in Accounts Payable	91,167	35,810	107,938	-826.52	-12,509
Change in Income Taxes	-34,310	9,755	4,178	-4,885	-2,423
Change in Other Net Operating Assets	16,265	13,021	-4,421	7,565	-488.14
Other Operating Activities	42,133	87,914	7,259	12,160	3,498
Operating Cash Flow	71,990	52,423	33,959	-9,823	945.97
Operating Cash Flow Growth	37.33%	54.37%	-	-	-62.60%
Capital Expenditures	-20,022	-21,933	-14,177	-7,265	-2,336
Sale of Property, Plant & Equipment	-	-	-	16,936	-
Sale (Purchase) of Intangibles	-1,856	-1,884	-5,281	-1,580	-505.67
Investment in Securities	-13,608	-5,167	10,759	10,172	3,573
Other Investing Activities	-	-	-4,102	-	-
Investing Cash Flow	-35,486	-28,984	-12,801	18,264	732.03
Long-Term Debt Issued	117,903	2,631	-	-	-
Total Debt Issued	117,903	2,631	-	-	-
Long-Term Debt Repaid	-	-2,631	-	-	-
Total Debt Repaid	-	-2,631	-	-	-
Net Debt Issued (Repaid)	117,903	-	-	-	-
Common Dividends Paid	-106,724	-70,943	-	-	-
Other Financing Activities	-28,977	30,004	-	-	-
Financing Cash Flow	-17,798	-40,939	-	-	-
Foreign Exchange Rate Adjustments	6,739	7,932	17,133	5,110	-949.03
Miscellaneous Cash Flow Adjustments	-18,548	-14,345	-27,745	-9,297	-465.26
Net Cash Flow	6,898	-23,913	10,546	4,254	263.71
Free Cash Flow	51,968	30,489	19,782	-17,088	-1,390
Free Cash Flow Growth	70.45%	54.12%	-	-	-
Free Cash Flow Margin	6.96%	4.42%	5.39%	-9.19%	-2.14%
Free Cash Flow Per Share	155.93	91.48	59.36	-51.27	-4.17
Cash Interest Paid	26,512	80.01	-	1,086	732.39
Cash Income Tax Paid	10,229	-	-	153.78	134.21
Levered Free Cash Flow	26,541	27,276	11,749	-5,000	6,847
Unlevered Free Cash Flow	44,530	28,418	13,638	-3,065	7,769
Change in Working Capital	-25,486	-68,527	35,417	-20,838	-1,748

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