Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (BMV:VOLAR.A)

BMV:VOLAR.A Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-104.32	126.38	7.82	-80.22	106.45
Depreciation & Amortization	644.77	585.2	489.42	411.23	319.65
Other Amortization	11.97	7.85	6.9	6.7	6.75
Loss (Gain) From Sale of Assets	-36.11	-33.63	-11.82	-19.55	-9.55
Stock-Based Compensation	6.27	5.18	5.77	0.71	-1.27
Provision & Write-off of Bad Debts	-	0.82	1.33	1.67	0.8
Other Operating Activities	152.64	323.05	209.25	87.18	247.78
Change in Accounts Receivable	-9.62	63.36	-7.78	49.67	-15.79
Change in Inventory	-0.09	-0.52	-0.36	-1.36	-0.86
Change in Accounts Payable	23.98	-70.07	36.62	86.63	6.17
Change in Unearned Revenue	-	-0.62	-3.07	42.49	20.02
Change in Income Taxes	-	74.68	69.61	-33.29	16.92
Change in Other Net Operating Assets	60.35	8.06	-73.85	61.76	88.28
Operating Cash Flow	749.83	1,090	729.83	613.6	785.36
Operating Cash Flow Growth	-31.19%	49.31%	18.94%	-21.87%	267.42%
Capital Expenditures	-291.59	-583.08	-480.75	-347.15	-186.12
Sale of Property, Plant & Equipment	201.53	-	0.12	1.99	17.94
Cash Acquisitions	-	-	-	-	-0.08
Sale (Purchase) of Intangibles	-24.28	-17.6	-10.39	-6.79	-10.06
Investment in Securities	-	-31.84	-17.01	-	-
Other Investing Activities	25.53	159.99	45.99	221.25	43.68
Investing Cash Flow	-88.81	-472.52	-462.04	-130.69	-134.65
Long-Term Debt Issued	147.67	385.24	456.81	155.36	114.7
Long-Term Debt Repaid	-890.68	-791.48	-626.98	-645.57	-535.9
Net Debt Issued (Repaid)	-743.01	-406.24	-170.18	-490.21	-421.2
Issuance of Common Stock	-	-	1.03	-	2.86
Repurchase of Common Stock	-	-5.07	-4.02	-5.24	-4.37
Other Financing Activities	-75.84	-60.26	-41.22	-17.64	-12.48
Financing Cash Flow	-818.85	-471.57	-214.39	-513.09	-435.18
Foreign Exchange Rate Adjustments	3.74	-11.81	8.91	0.91	19.13
Net Cash Flow	-154.1	133.83	62.3	-29.27	234.65
Free Cash Flow	458.24	506.65	249.07	266.46	599.24
Free Cash Flow Growth	-9.56%	103.42%	-6.52%	-55.53%	958.42%
Free Cash Flow Margin	15.08%	16.13%	7.64%	9.36%	26.97%
Free Cash Flow Per Share	0.40	0.43	0.21	0.23	0.51
Cash Interest Paid	71.14	58.45	37.18	17.64	12.48
Cash Income Tax Paid	119.89	18.42	37.72	51.24	3.19
Levered Free Cash Flow	366.44	153.99	-36.84	47.51	403.72
Unlevered Free Cash Flow	390.37	331.58	95.53	164.6	487.8
Change in Working Capital	74.6	74.89	21.16	205.89	114.75

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