Garovaglio y Zorraquín Cash Flow Statement

Financials in millions ARS. Fiscal year is July - June.

Millions ARS. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2014 - 2018
Period Ending	Mar '24 Mar 31, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021	Jun '20 Jun 30, 2020	Jun '19 Jun 30, 2019	2014 - 2018
Net Income	-5,110	366.34	349.19	695.85	-266.88	-229.34	Upgrade
Depreciation & Amortization	780.81	409.35	357.57	213.25	99.97	82.94	Upgrade
Asset Writedown & Restructuring Costs	282.24	167.87	87.75	594.01	112.97	69.6	Upgrade
Other Operating Activities	2,467	308.11	-156.13	535.03	7.87	140.93	Upgrade
Change in Accounts Receivable	7,285	348.38	-121.02	107	-7.61	-92.27	Upgrade
Change in Inventory	-3,157	-121.99	1,606	-1,345	99.54	157.6	Upgrade
Change in Accounts Payable	1,891	801.14	608.81	173.6	-72.87	-124.52	Upgrade
Change in Income Taxes	2,181	-570.36	-666.35	-118.78	22.76	16.46	Upgrade
Change in Other Net Operating Assets	126.51	427.85	-652.97	34.75	84.96	231.6	Upgrade
Operating Cash Flow	6,747	2,137	1,412	889.79	80.73	253	Upgrade
Operating Cash Flow Growth	87.27%	51.28%	58.73%	1002.24%	-68.09%	133.01%	Upgrade
Capital Expenditures	-454.17	-1,157	-781.22	-638.14	-139.6	-110.23	Upgrade
Investment in Securities	1,750	-1,121	-438.09	-	-	-	Upgrade
Investing Cash Flow	1,296	-2,278	-1,219	-638.14	-139.6	-110.23	Upgrade
Long-Term Debt Issued	-	40.11	-	-	-	-	Upgrade
Long-Term Debt Repaid	-	-	-116.15	-104.67	-132.61	-15.55	Upgrade
Net Debt Issued (Repaid)	-8,170	40.11	-116.15	-104.67	-132.61	-15.55	Upgrade
Common Dividends Paid	-	-	-	-	-	-12.32	Upgrade
Financing Cash Flow	-8,170	40.11	-116.15	-104.67	-132.61	-27.86	Upgrade
Net Cash Flow	-126.43	-101.33	76.92	146.99	-191.48	114.9	Upgrade
Free Cash Flow	6,293	979.78	631.17	251.65	-58.87	142.76	Upgrade
Free Cash Flow Growth	104342.89%	55.23%	150.81%	-	-	77.23%	Upgrade
Free Cash Flow Margin	21.35%	4.48%	2.78%	2.26%	-1.52%	5.71%	Upgrade
Free Cash Flow Per Share	143.03	22.27	14.35	5.72	-1.34	3.25	Upgrade
Levered Free Cash Flow	-2,974	3,553	3,380	-659.36	-185.96	-343.52	Upgrade
Unlevered Free Cash Flow	-2,888	3,654	3,561	-606.73	-144.92	-203.09	Upgrade
Change in Net Working Capital	7,205	-943.1	-1,733	1,334	77.57	167.84	Upgrade

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.