EDESA Holding 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	58,803	-9,711	-11,387	15,465	1,344
Depreciation & Amortization	23,407	23,757	8,546	6,179	2,268
Other Amortization	1,662	2,232	494	588.44	84.15
Loss (Gain) on Sale of Assets	6,381	14,432	-	-	-
Asset Writedown	-	-	5,403	689.34	174.11
Change in Accounts Receivable	-1,263	-26,342	12,165	2,523	3,100
Change in Inventory	1,499	-2,443	573	25.5	-104.03
Change in Accounts Payable	-67,472	36,296	32,111	7,244	-2,249
Change in Income Taxes	-1,694	8,192	-	-	-
Change in Other Net Operating Assets	26,416	-23,887	4,748	-363.84	-106.19
Other Operating Activities	-7,567	23,295	-9,583	-3,497	2,868
Operating Cash Flow	44,947	50,218	43,974	29,396	7,664
Operating Cash Flow Growth	-10.50%	14.20%	49.59%	283.55%	82.93%
Capital Expenditures	-39,069	-45,355	-37,476	-22,503	-5,592
Sale (Purchase) of Intangibles	-2,623	-2,778	-1,143	-277.75	-395.96
Investing Cash Flow	-41,692	-48,133	-38,619	-22,781	-5,988
Long-Term Debt Issued	29,876	1,417	16,962	-	-
Short-Term Debt Repaid	-	-	-366	-	-
Long-Term Debt Repaid	-34,220	-794	-16,719	-4,198	-1,306
Total Debt Repaid	-34,220	-794	-17,085	-4,198	-1,306
Net Debt Issued (Repaid)	-4,344	623	-123	-4,198	-1,306
Other Financing Activities	-3,613	-2,024	-1,426	-2,766	-809.95
Financing Cash Flow	-7,957	-1,401	-1,549	-6,964	-2,116
Foreign Exchange Rate Adjustments	1	571	547	-63.71	12.06
Miscellaneous Cash Flow Adjustments	-331	-3,743	-1,000	-184.21	-296.79
Net Cash Flow	-5,032	-2,488	3,353	-596.59	-724.53
Free Cash Flow	5,878	4,863	6,498	6,893	2,072
Free Cash Flow Growth	20.87%	-25.16%	-5.73%	232.59%	-5.85%
Free Cash Flow Margin	1.37%	1.31%	3.43%	6.84%	6.62%
Free Cash Flow Per Share	255.56	211.44	282.52	301.15	90.55
Cash Interest Paid	3,613	2,024	1,426	2,766	809.95
Cash Income Tax Paid	-	816	2,345	1,615	110.57
Levered Free Cash Flow	-34,685	1,481	-30,229	8,330	528.66
Unlevered Free Cash Flow	-29,718	19,781	-25,073	9,252	699.3
Change in Working Capital	-42,514	-8,184	49,597	9,429	641.57

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