BCBA:DGCE 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	44,255	25,525	8,917	-2,889	-2,198
Depreciation & Amortization	16,073	15,881	12,401	5,713	2,048
Other Amortization	776.34	678.24	538.96	471.44	-
Loss (Gain) on Sale of Assets	918.32	870.35	-93.77	-	114.49
Loss (Gain) on Sale of Investments	-	-	111.89	-1,477	549.8
Loss (Gain) on Equity Investments	-267.25	-178.63	-46.51	-	-
Asset Writedown	-	-	-	287.95	-
Change in Accounts Receivable	-26,032	-31,506	13,972	2,039	2,044
Change in Inventory	-370.3	407.9	-102.82	-85.5	41.64
Change in Accounts Payable	31,892	37,037	-19,855	-3,886	-5,003
Change in Income Taxes	-23,173	-874.55	-789.47	-3,799	-563.57
Change in Other Net Operating Assets	-824.46	-2,424	-1,138	1,086	602.62
Other Operating Activities	17,491	24,396	-34,442	1,998	3,064
Operating Cash Flow	62,117	70,701	-20,227	-937.54	1,038
Operating Cash Flow Growth	-12.14%	-	-	-	12.78%
Capital Expenditures	-11,665	-10,897	-5,410	-2,671	-930.18
Sale of Property, Plant & Equipment	45.86	64.59	93.77	-	-
Sale (Purchase) of Intangibles	-602.7	-847.67	-622.18	-249.56	-
Investment in Securities	27,623	-41,645	48,877	2,482	-565.39
Investing Cash Flow	15,401	-53,324	42,939	-438.81	-1,496
Common Dividends Paid	-90,758	-	-29,754	-	-
Financing Cash Flow	-90,758	-	-29,754	-	-
Foreign Exchange Rate Adjustments	5,612	2,768	6,232	1,638	16.61
Miscellaneous Cash Flow Adjustments	-	4,102	-	-	414.48
Net Cash Flow	-7,628	24,246	-810.23	261.78	-26.14
Free Cash Flow	50,452	59,804	-25,637	-3,609	108.16
Free Cash Flow Growth	-15.64%	-	-	-	5.52%
Free Cash Flow Margin	14.02%	18.37%	-16.74%	-4.35%	0.36%
Free Cash Flow Per Share	314.43	372.71	-159.77	-22.49	0.67
Cash Interest Paid	13.21	290.03	800.04	100.48	45.18
Cash Income Tax Paid	9,757	1,074	534.65	1,304	207.06
Levered Free Cash Flow	52,290	69,367	-4,405	6,093	-
Unlevered Free Cash Flow	62,855	75,432	-2,786	6,972	-
Change in Working Capital	-18,508	2,641	-7,913	-4,645	-2,878

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