BCBA:TGNO4 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	219,037	48,528	133,390	-22,340	-18,065
Depreciation & Amortization	68,672	80,362	85,543	71,851	24,030
Asset Writedown & Restructuring Costs	4,418	4,060	1,102	248.67	19.5
Loss (Gain) on Equity Investments	-361.91	-727.98	-545.41	-284.48	-63.87
Other Operating Activities	-18,345	-212,524	-458,432	-33,632	7,459
Change in Accounts Receivable	117,479	19,973	-7,446	31,083	10,805
Change in Inventory	509.54	-6,213	1,593	1,691	358.02
Change in Accounts Payable	3,714	-591.4	6,008	-73.11	-357.38
Change in Income Taxes	941.86	-112,285	-2,712	228.08	746.51
Change in Other Net Operating Assets	50,507	232,995	190,421	2,623	-1,012
Operating Cash Flow	446,573	53,578	-51,079	51,395	23,920
Operating Cash Flow Growth	733.50%	-	-	114.86%	101.21%
Capital Expenditures	-91,087	-69,560	-51,377	-24,120	-6,324
Cash Acquisitions	-44.04	-17.36	-8.46	-	-
Investment in Securities	102,796	244,291	179,463	19,635	5,248
Other Investing Activities	-	2,575	0.59	6.68	8.04
Investing Cash Flow	11,665	177,287	128,078	-4,478	-1,067
Long-Term Debt Issued	16,194	68,407	23,321	-	105.62
Long-Term Debt Repaid	-121,173	-47,559	-5,125	-3,569	-3,493
Net Debt Issued (Repaid)	-104,979	20,848	18,196	-3,569	-3,387
Common Dividends Paid	-283,029	-123,338	-	-	-
Other Financing Activities	-1,548	-6,573	-2,740	-865.33	-1,939
Financing Cash Flow	-389,555	-109,064	15,457	-4,434	-5,326
Miscellaneous Cash Flow Adjustments	-89,189	-96,686	-100,347	-51,902	-20,960
Net Cash Flow	-20,506	25,116	-7,892	-9,419	-3,433
Free Cash Flow	355,486	-15,983	-102,456	27,275	17,596
Free Cash Flow Growth	-	-	-	55.00%	120.21%
Free Cash Flow Margin	59.19%	-3.19%	-47.32%	21.39%	45.07%
Free Cash Flow Per Share	809.07	-36.38	-233.19	62.08	40.05
Cash Interest Paid	1,548	6,573	2,740	865.33	1,939
Cash Income Tax Paid	6,479	22,639	-	972.19	3,788
Levered Free Cash Flow	226,343	1,425	-27,378	44,786	-1,622
Unlevered Free Cash Flow	227,714	5,969	-23,974	45,113	-414.34
Change in Working Capital	173,152	133,879	187,864	35,551	10,541

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