BCBA:DGCU2 Cash Flow Statement

Financials in millions ARS. Fiscal year is January - December.

Millions ARS. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	55,063	52,888	23,399	14,385	-3,012	-3,001
Depreciation & Amortization	16,800	16,686	16,346	12,938	5,959	1,826
Other Amortization	770.38	770.38	664.13	502	349.92	242.89
Loss (Gain) on Sale of Assets	803.27	976.08	800.46	-102.01	464.9	-0.75
Loss (Gain) on Sale of Investments	-3,026	-5,279	-2,855	-45,487	-2,544	450.47
Loss (Gain) on Equity Investments	-642.04	-827.15	-552.86	-99.02	245.82	53.1
Asset Writedown	-	-	-	-	-	153.58
Change in Accounts Receivable	-13,529	-27,334	-30,875	23,080	2,024	1,427
Change in Inventory	-109.3	-207.11	63.89	141.37	-68.61	6.97
Change in Accounts Payable	28,890	34,964	9,651	-22,306	-5,852	-2,920
Change in Income Taxes	-19,217	-26,782	-695.49	-1,694	-3,126	-892.67
Change in Other Net Operating Assets	-5,488	-3,586	-791.99	-287.7	881.43	750.85
Other Operating Activities	698.21	11,004	26,662	-5,544	1,639	3,009
Operating Cash Flow	63,033	55,590	44,045	-25,028	-2,777	1,598
Operating Cash Flow Growth	26.45%	26.21%	-	-	-	180.28%
Capital Expenditures	-25,596	-21,980	-11,176	-4,775	-2,260	-1,182
Sale of Property, Plant & Equipment	135.85	135.85	16.15	102.01	2.17	0.75
Investment in Securities	15,964	48,036	13,540	15,529	4,351	-1,087
Investing Cash Flow	-9,496	26,191	2,379	10,856	2,094	-2,268
Common Dividends Paid	-60,518	-93,538	-47,870	-	-	-
Financing Cash Flow	-60,518	-93,538	-47,870	-	-	-
Foreign Exchange Rate Adjustments	3,947	4,292	3,836	16,125	2,673	433.97
Miscellaneous Cash Flow Adjustments	4,285	3,870	4,068	-	-	-
Net Cash Flow	1,251	-3,595	6,458	1,952	1,989	-236.26
Free Cash Flow	37,438	33,609	32,868	-29,803	-5,037	416.07
Free Cash Flow Growth	-9.19%	2.25%	-	-	-	-
Free Cash Flow Margin	11.10%	10.30%	10.86%	-20.29%	-6.30%	1.44%
Free Cash Flow Per Share	185.01	166.09	162.43	-147.28	-24.89	2.06
Cash Interest Paid	16.77	16.77	4.66	4.32	6.61	2.36
Cash Income Tax Paid	8,957	8,957	1,038	155.37	646.73	509.97
Levered Free Cash Flow	17,422	26,357	20,912	35,949	6,990	2,428
Unlevered Free Cash Flow	19,063	28,135	24,445	37,750	8,133	2,588
Change in Working Capital	-9,454	-22,944	-22,648	-1,066	-6,141	-1,628

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