Alsea Cash Flow Statement

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

Millions MXN. 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	4,465	767.58	2,982	1,738	734.19
Depreciation & Amortization	9,677	8,721	8,249	7,584	8,136
Other Amortization	-	-	-	0.03	42.19
Loss (Gain) From Sale of Assets	-	-9.97	188.8	76.07	-40.73
Asset Writedown & Restructuring Costs	-	64.73	32.48	140.7	184.43
Loss (Gain) on Equity Investments	-	-21.16	-3.4	0.22	-1.84
Other Operating Activities	-8,491	5,819	5,768	4,605	3,540
Change in Accounts Receivable	-	-577.6	-395.95	-348.35	-252.5
Change in Inventory	-	-406.2	-212.12	-1,044	-461.16
Change in Accounts Payable	-	854.51	1,305	2,301	618.75
Change in Income Taxes	-	-1,294	-1,506	-1,736	-101.86
Change in Other Net Operating Assets	-1,355	378.09	-956.66	1,643	2,258
Operating Cash Flow	4,295	14,296	15,451	14,960	14,656
Operating Cash Flow Growth	-69.95%	-7.48%	3.28%	2.07%	115.80%
Capital Expenditures	-5,476	-6,474	-5,284	-4,373	-2,882
Sale of Property, Plant & Equipment	-	323.65	309.02	-	142.8
Investment in Securities	-	-	-	-25.26	-39.92
Other Investing Activities	-	323.56	815.11	362.64	-971.54
Investing Cash Flow	-5,476	-5,827	-4,160	-4,036	-3,751
Long-Term Debt Issued	2,284	9,388	4,111	7,064	10,437
Long-Term Debt Repaid	-	-11,128	-8,675	-14,537	-15,900
Net Debt Issued (Repaid)	2,284	-1,739	-4,564	-7,473	-5,463
Issuance of Common Stock	-	62.4	-	-	-
Repurchase of Common Stock	-365.51	-	-348.24	-729.09	-
Common Dividends Paid	-429.18	-978.02	-	-	-
Other Financing Activities	-981.05	-6,892	-3,858	-3,017	-2,703
Financing Cash Flow	508.25	-9,547	-8,770	-11,219	-8,166
Foreign Exchange Rate Adjustments	-99.38	1,136	-2,198	-511.68	221.34
Net Cash Flow	-771.48	58.13	322.98	-806.62	2,961
Free Cash Flow	-1,180	7,822	10,167	10,587	11,774
Free Cash Flow Growth	-	-23.07%	-3.97%	-10.08%	155.45%
Free Cash Flow Margin	-1.39%	9.90%	13.60%	15.74%	22.06%
Free Cash Flow Per Share	-1.47	9.67	12.49	12.63	14.04
Cash Interest Paid	4,548	3,101	3,788	2,992	2,458
Cash Income Tax Paid	1,695	1,294	1,506	1,736	101.86
Levered Free Cash Flow	7,587	3,888	6,436	6,670	4,889
Unlevered Free Cash Flow	9,903	6,758	9,392	9,116	7,082
Change in Working Capital	-1,355	-1,045	-1,766	816.6	2,061

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.