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	178,248	-5,388	12,749	-554.54
Depreciation & Amortization	34,471	12,915	9,089	4,210	1,265
Other Amortization	-	971.39	711.13	357.66	96.14
Loss (Gain) on Sale of Assets	-	-	-	-14,975	-
Loss (Gain) on Sale of Investments	-	-3,373	-13,627	-5,006	-1,915
Asset Writedown	469.21	-170,831	58.7	79.3	15.66
Change in Accounts Receivable	-98,714	-94,443	-81,011	-22,201	13,534
Change in Inventory	104.69	3,169	8,733	-490.78	138.34
Change in Accounts Payable	91,167	27,222	107,938	-826.52	-12,509
Change in Income Taxes	-34,310	7,416	4,178	-4,885	-2,423
Change in Other Net Operating Assets	16,265	9,898	-4,421	7,565	-488.14
Other Operating Activities	35,343	66,815	7,259	12,160	3,498
Operating Cash Flow	71,990	38,571	33,959	-9,823	945.97
Operating Cash Flow Growth	86.64%	13.58%	-	-	-62.60%
Capital Expenditures	-20,022	-15,394	-14,177	-7,265	-2,336
Sale of Property, Plant & Equipment	-	-	-	16,936	-
Sale (Purchase) of Intangibles	-1,856	-1,432	-5,281	-1,580	-505.67
Investment in Securities	-13,608	-3,928	10,759	10,172	3,573
Other Investing Activities	-	-	-4,102	-	-
Investing Cash Flow	-35,486	-20,753	-12,801	18,264	732.03
Short-Term Debt Issued	-	2,000	-	-	-
Long-Term Debt Issued	117,903	-	-	-	-
Total Debt Issued	117,903	2,000	-	-	-
Short-Term Debt Repaid	-	-2,000	-	-	-
Total Debt Repaid	-	-2,000	-	-	-
Net Debt Issued (Repaid)	117,903	-	-	-	-
Common Dividends Paid	-106,724	-	-	-	-
Dividends Paid	-106,724	-53,929	-	-	-
Other Financing Activities	-28,977	22,808	-	-	-
Financing Cash Flow	-17,798	-31,121	-	-	-
Foreign Exchange Rate Adjustments	6,739	6,030	17,133	5,110	-949.03
Miscellaneous Cash Flow Adjustments	-18,548	-10,905	-27,745	-9,297	-465.26
Net Cash Flow	6,898	-18,178	10,546	4,254	263.71
Free Cash Flow	51,968	23,177	19,782	-17,088	-1,390
Free Cash Flow Growth	124.22%	17.16%	-	-	-
Free Cash Flow Margin	6.96%	4.42%	5.39%	-9.19%	-2.14%
Free Cash Flow Per Share	-	69.54	59.36	-51.27	-4.17
Cash Interest Paid	-	60.82	-	1,086	732.39
Cash Income Tax Paid	-	-	-	153.78	134.21
Levered Free Cash Flow	17,262	9,356	11,749	-5,000	6,847
Unlevered Free Cash Flow	51,139	11,181	13,638	-3,065	7,769
Change in Working Capital	-25,486	-46,738	35,417	-20,838	-1,748

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