IEB Construcciones 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 2022	FY 2021	FY 2019
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '19 Dec 31, 2019
Net Income	3,925	-14,446	-1,783	-198.47	-9.82
Depreciation & Amortization	401.41	464.91	159.18	189.39	87.64
Loss (Gain) From Sale of Assets	-44.04	-565.99	-153.72	-52.24	-5.89
Loss (Gain) on Equity Investments	-2,116	842.23	29.36	-187.14	-30.78
Other Operating Activities	1,470	-80.45	1,495	358.56	516.33
Change in Accounts Receivable	-16,285	14,138	-895.69	1,514	456.18
Change in Inventory	-402.01	3,975	283.73	-882.35	64.05
Change in Accounts Payable	1,605	-12,416	-759.68	-172.98	-593.67
Change in Unearned Revenue	9,007	-514.39	-401.97	75.42	-292.34
Change in Income Taxes	546.66	-567.61	496.6	166.52	-16.63
Change in Other Net Operating Assets	-761.42	-2,559	-263.82	-132.48	-14.73
Operating Cash Flow	-2,654	-11,730	-1,795	678.06	160.34
Operating Cash Flow Growth	-	-	-	322.90%	-46.96%
Capital Expenditures	-512.41	-	-10.06	-137.39	-30.49
Sale of Property, Plant & Equipment	-	-	-	52.24	-
Cash Acquisitions	-594.79	25.59	-	-	-
Investment in Securities	-148.16	-	-	-	-
Other Investing Activities	626.35	565.99	15	4.87	20
Investing Cash Flow	-629.02	591.58	4.94	-80.28	-10.5
Long-Term Debt Issued	4,630	-	2,218	-	208.11
Long-Term Debt Repaid	-	-21,234	-	-473.75	-
Net Debt Issued (Repaid)	4,630	-21,234	2,218	-473.75	208.11
Issuance of Common Stock	11,885	31,828	-	-	-
Other Financing Activities	-	-	-753.52	-280.8	-317.78
Financing Cash Flow	16,515	10,595	1,465	-754.56	-109.67
Foreign Exchange Rate Adjustments	-	-4	0.13	0.61	0.49
Net Cash Flow	13,232	-547.49	-324.99	-156.17	40.66
Free Cash Flow	-3,167	-11,730	-1,805	540.67	129.84
Free Cash Flow Growth	-	-	-	316.40%	-39.91%
Free Cash Flow Margin	-15.61%	-822.85%	-15.42%	4.76%	2.16%
Free Cash Flow Per Share	-60.55	-390.99	-60.16	18.02	4.33
Cash Interest Paid	-	-	753.52	280.8	317.78
Cash Income Tax Paid	-	0.02	49.99	217.33	73.27
Levered Free Cash Flow	-14,389	-	-3,080	-	-107.42
Unlevered Free Cash Flow	-13,318	-	-2,521	-	99.98
Change in Working Capital	-6,291	2,056	-1,541	567.97	-397.14

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