Colombina Cash Flow Statement

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

Millions COP. 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	100,161	125,671	129,863	96,830	58,221
Depreciation & Amortization	113,051	103,802	93,155	90,534	87,222
Loss (Gain) From Sale of Assets	-7,901	268	660	840	677
Asset Writedown & Restructuring Costs	-2,838	-453	-7,465	-1,936	-1,465
Loss (Gain) From Sale of Investments	-7,221	-4,160	-10,980	-2,924	-4,818
Provision & Write-off of Bad Debts	3,779	3,137	4,231	3,563	8,713
Other Operating Activities	108,695	200,110	110,818	133,451	69,174
Change in Accounts Receivable	24,183	-24,761	-12,581	-57,456	-23,260
Change in Inventory	10,645	-58,815	138,356	-238,454	-67,977
Change in Accounts Payable	-38,132	27,901	-100,660	200,664	102,794
Change in Income Taxes	-68,142	-40,191	-20,817	12,088	-14,958
Change in Other Net Operating Assets	62,307	55,387	-317	-47,007	24,734
Operating Cash Flow	298,587	387,896	324,263	190,193	239,057
Operating Cash Flow Growth	-23.02%	19.62%	70.49%	-20.44%	258.28%
Capital Expenditures	-143,652	-221,129	-138,431	-112,042	-78,005
Sale of Property, Plant & Equipment	27,866	152	1,408	2,816	86
Other Investing Activities	-10,375	-13,283	-4,177	-4,549	-3,437
Investing Cash Flow	-126,161	-234,260	-141,200	-113,775	-81,356
Long-Term Debt Issued	1,517,436	1,285,100	856,661	496,039	318,955
Long-Term Debt Repaid	-1,331,401	-1,181,281	-760,792	-357,547	-397,011
Net Debt Issued (Repaid)	186,035	103,819	95,869	138,492	-78,056
Repurchase of Common Stock	-	-	-58,544	-	-
Common Dividends Paid	-102,482	-91,810	-41,756	-101,547	-15,522
Other Financing Activities	-181,311	-179,325	-175,601	-90,666	-45,519
Financing Cash Flow	-97,758	-167,316	-180,032	-53,721	-186,075
Foreign Exchange Rate Adjustments	-43,675	11,551	-26,370	11,685	1,505
Net Cash Flow	30,993	-2,129	-23,339	34,382	-26,869
Free Cash Flow	154,935	166,767	185,832	78,151	161,052
Free Cash Flow Growth	-7.09%	-10.26%	137.79%	-51.48%	725.06%
Free Cash Flow Margin	4.37%	5.04%	5.56%	2.66%	7.45%
Free Cash Flow Per Share	411.46	443.03	484.67	201.41	415.05
Cash Interest Paid	-	179,325	175,601	90,666	45,519
Cash Income Tax Paid	-	19,538	80,636	37,225	13,001
Levered Free Cash Flow	49,437	-14,117	60,261	-3,577	98,325
Unlevered Free Cash Flow	165,112	90,889	170,036	65,287	130,290
Change in Working Capital	-9,139	-40,479	3,981	-130,165	21,333

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