Grupo Vasconia, S.A.B. 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	691.45	-837.73	-356.66	-236.55	166.86
Depreciation & Amortization	153	491.06	257.27	234.45	250.69
Loss (Gain) From Sale of Assets	-	-0.03	-0.7	-	-
Asset Writedown & Restructuring Costs	597.3	1.31	27.29	-	-
Loss (Gain) From Sale of Investments	-	2.1	-22.18	-1.5	-55.62
Other Operating Activities	-1,657	90.84	101.91	173.17	47.85
Change in Accounts Receivable	313.82	240.38	-52.84	290.85	-429.74
Change in Inventory	192.71	65.65	216.57	-32.4	-277.33
Change in Accounts Payable	-142.03	75.93	-105.54	313.41	464.4
Change in Other Net Operating Assets	19.11	64.19	98.87	-22.39	-72.28
Operating Cash Flow	168.26	385.6	163.99	719.03	94.82
Operating Cash Flow Growth	-56.36%	135.13%	-77.19%	658.34%	-46.09%
Capital Expenditures	-73.7	-80.39	-230.39	-516.77	-554.6
Sale of Property, Plant & Equipment	0.02	0.08	0.7	-	-
Investment in Securities	-	8.95	32.09	21.47	59.26
Other Investing Activities	-16.14	5.1	12.81	13.52	1.4
Investing Cash Flow	-89.82	-66.26	-184.79	-481.78	-493.94
Long-Term Debt Issued	-	-	308.51	615.76	690.63
Long-Term Debt Repaid	-83.64	-98.85	-457.04	-452.86	-419.46
Net Debt Issued (Repaid)	-83.64	-98.85	-148.53	162.9	271.17
Issuance of Common Stock	0.06	-	-	-	274.85
Common Dividends Paid	-	-	-	-	-14.5
Other Financing Activities	-	-66.21	-145.32	-173.44	-103.21
Financing Cash Flow	-83.58	-165.05	-293.85	-10.54	428.3
Foreign Exchange Rate Adjustments	55.73	-152.22	111.07	-	-
Net Cash Flow	50.59	2.06	-203.58	226.71	29.18
Free Cash Flow	94.56	305.2	-66.4	202.26	-459.78
Free Cash Flow Growth	-69.02%	-	-	-	-
Free Cash Flow Margin	4.00%	11.83%	-2.16%	4.17%	-9.44%
Free Cash Flow Per Share	0.98	3.15	-0.69	2.10	-4.99
Cash Interest Paid	19.3	66.21	145.32	173.44	103.21
Cash Income Tax Paid	-	20.87	23.25	44.58	99.96
Levered Free Cash Flow	-1,485	1,120	-16.89	112.65	-396.32
Unlevered Free Cash Flow	-1,244	1,307	155.76	221.05	-330.79
Change in Working Capital	383.6	446.14	157.06	549.47	-314.96

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