Peña Verde, S.A.B. Cash Flow Statement

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

Millions MXN. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Mar '25 Mar 31, 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	2016 - 2020
Net Income	1,490	1,266	242.15	-736.36	429.53	-195.46	Upgrade
Depreciation & Amortization	49.74	49.26	56.01	47.48	22.19	24.9	Upgrade
Gain (Loss) on Sale of Investments	576.42	290.44	-503.41	908.34	-163.12	297.92	Upgrade
Change in Accounts Receivable	-1,116	-752.28	239.23	560.11	-74.81	-532.03	Upgrade
Change in Insurance Reserves / Liabilities	1,541	1,331	1,069	446.25	509.87	676.13	Upgrade
Change in Other Net Operating Assets	-10,660	-9,779	-783.53	-2,368	-2,772	-1,843	Upgrade
Other Operating Activities	8,846	7,736	-285.67	1,198	1,989	1,659	Upgrade
Operating Cash Flow	18.23	51.19	236.23	22.77	-70.02	128.11	Upgrade
Operating Cash Flow Growth	-90.77%	-78.33%	937.57%	-	-	118.39%	Upgrade
Capital Expenditures	136.87	-66	-15.55	-9.62	-	-	Upgrade
Purchase / Sale of Intangible Assets	-0.04	-	-	-	-22.72	-67.44	Upgrade
Cash Acquisitions	-217.1	-	-	-	-	-	Upgrade
Investment in Securities	-14.6	-14.6	-24.32	-	-	-	Upgrade
Investing Cash Flow	11.79	-80.6	-39.87	-9.62	-21.36	-74.91	Upgrade
Total Debt Repaid	-13.79	-8	-	-	-	-	Upgrade
Net Debt Issued (Repaid)	-13.79	-8	-	-	-	-	Upgrade
Common Dividends Paid	-51.01	-51.01	-20.12	-39.91	-19	-	Upgrade
Other Financing Activities	-	-	-	-0.23	-18.93	-79.48	Upgrade
Financing Cash Flow	-64.79	-59	-20.12	-40.14	-37.93	-79.48	Upgrade
Foreign Exchange Rate Adjustments	60.87	60.87	-160.24	-8.73	-	-	Upgrade
Miscellaneous Cash Flow Adjustments	-	-	-	-	-50.11	50.34	Upgrade
Net Cash Flow	26.1	-27.55	16	-35.72	-179.41	24.06	Upgrade
Free Cash Flow	155.1	-14.81	220.68	13.15	-70.02	128.11	Upgrade
Free Cash Flow Growth	1025.63%	-	1578.07%	-	-	118.39%	Upgrade
Free Cash Flow Margin	0.88%	-0.10%	1.57%	0.11%	-0.68%	1.52%	Upgrade
Free Cash Flow Per Share	-	-0.03	0.46	0.03	-0.15	0.27	Upgrade
Levered Free Cash Flow	1,988	1,735	21,754	-485.87	-1,732	-1,582	Upgrade
Unlevered Free Cash Flow	1,988	1,735	21,754	-485.87	-1,732	-1,582	Upgrade
Change in Net Working Capital	-678.34	-949.6	-21,224	20.14	1,947	1,366	Upgrade

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