Pampa Energía Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	322	619	302	456	273	-367
Depreciation & Amortization	390	342	267	212	205	205
Loss (Gain) on Sale of Assets	-9	-11	1	-4	-3	-
Loss (Gain) on Sale of Investments	-29	22	-9	13	-18	9
Loss (Gain) on Equity Investments	-146	-146	2	-105	-100	-85
Asset Writedown	26	41	49	52	5	137
Change in Accounts Receivable	-172	-411	-151	-233	-41	19
Change in Inventory	-21	-20	-35	-21	-40	-6
Change in Accounts Payable	89	75	17	70	43	3
Change in Income Taxes	8	17	27	39	-15	-25
Change in Other Net Operating Assets	-6	3	6	5	-9	-13
Other Operating Activities	187	-96	99	135	313	605
Net Cash from Discontinued Operations	-	-	-	-	116	211
Operating Cash Flow	639	435	575	619	729	693
Operating Cash Flow Growth	-12.52%	-24.35%	-7.11%	-15.09%	5.20%	-13.59%
Capital Expenditures	-848	-447	-758	-416	-206	-124
Sale of Property, Plant & Equipment	-	-	1	-	1	-
Cash Acquisitions	-	23	-1	-111	-17	-3
Divestitures	-	-	-	-	-	5
Sale (Purchase) of Intangibles	9	-	20	-10	1	1
Investment in Securities	391	70	298	-59	-131	-58
Other Investing Activities	26	9	-	10	-148	-83
Investing Cash Flow	-421	-344	-446	-575	-474	-255
Long-Term Debt Issued	-	1,174	424	308	188	353
Long-Term Debt Repaid	-	-553	-200	-174	-344	-403
Net Debt Issued (Repaid)	26	621	224	134	-156	-50
Repurchase of Common Stock	-16	-	-	-18	-39	-104
Common Dividends Paid	-	-	-1	-	-	-
Other Financing Activities	-149	-145	-280	-162	-147	-291
Financing Cash Flow	-139	476	-57	-46	-342	-445
Foreign Exchange Rate Adjustments	-	-	-7	-2	4	-25
Miscellaneous Cash Flow Adjustments	-	-	-	-	52	-52
Net Cash Flow	79	567	65	-4	-31	-84
Free Cash Flow	-209	-12	-183	203	523	569
Free Cash Flow Growth	-	-	-	-61.19%	-8.08%	51.33%
Free Cash Flow Margin	-10.85%	-0.64%	-10.57%	11.10%	34.68%	53.03%
Free Cash Flow Per Share	-0.15	-0.01	-0.13	0.15	0.37	0.36
Cash Interest Paid	149	145	280	162	140	190
Cash Income Tax Paid	-	-	-	2	13	5
Levered Free Cash Flow	-756.9	15.48	-370.13	-24.88	569.25	-511.13
Unlevered Free Cash Flow	-636.9	127.98	-147.63	110.13	680.5	-404.88
Change in Working Capital	-102	-336	-136	-140	-62	-22

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.