Fideicomiso Irrevocable No. F/3277 en Banco Invex, S. A. Institución de Banca Múltiple, INVEX Grupo (BMV:EDUCA18)

BMV:EDUCA18 Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	3,693	3,608	3,819	4,155	3,832	3,094
Depreciation & Amortization	3.34	3.2	3.8	2.69	2.95	2.94
Other Amortization	9.15	10.66	81.46	39.16	-	-
Asset Writedown	-910.84	-776.75	-1,079	-1,371	-1,105	-473.86
Change in Accounts Receivable	-	-1.13	2.41	-1.98	-0.91	0.37
Change in Accounts Payable	-6.93	0.25	6.87	-33.91	19.05	-4.03
Change in Other Net Operating Assets	51.16	-2.35	281.86	-211.01	413.27	681.2
Other Operating Activities	850.99	614.25	688.49	292.02	-59.25	-46.25
Operating Cash Flow	3,690	3,456	3,805	2,871	3,102	3,255
Operating Cash Flow Growth	7.49%	-9.17%	32.55%	-7.46%	-4.70%	17.26%
Acquisition of Real Estate Assets	-1,078	-1,125	-207.39	-5,891	-126.82	-38.18
Net Sale / Acq. of Real Estate Assets	-1,078	-1,125	-207.39	-5,891	-126.82	-38.18
Other Investing Activities	518.84	-45.18	209.03	114.27	65.11	52.09
Investing Cash Flow	-559.49	-1,170	1.64	-5,776	-61.71	13.91
Long-Term Debt Issued	-	-	7,723	5,785	-	-
Long-Term Debt Repaid	-	-5.88	-5,701	-95.24	-4.9	-4.71
Net Debt Issued (Repaid)	-6.08	-5.88	2,022	5,690	-4.9	-4.71
Common Dividends Paid	-1,414	-1,424	-1,265	-1,235	-1,166	-1,082
Other Financing Activities	-2,330	-2,176	-2,287	-2,085	-1,590	-1,532
Net Cash Flow	-619.28	-1,320	2,277	-535.93	279.18	649.64
Cash Interest Paid	653.15	669.16	677.94	392.26	-	-
Cash Income Tax Paid	1,677	1,507	1,552	1,577	1,590	1,532
Levered Free Cash Flow	1,913	1,743	2,155	1,472	2,098	2,286
Unlevered Free Cash Flow	2,321	2,165	2,656	1,710	2,100	2,288
Change in Working Capital	44.24	-3.23	291.13	-246.9	431.41	677.54

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