BVC:ELECTULUA Cash Flow Statement

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

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	28,305	29,996	27,754	18,906
Depreciation & Amortization	5,746	5,377	5,380	5,203
Other Amortization	2	232	239	286
Loss (Gain) on Sale of Assets	-	-	-24	-46
Asset Writedown	-	-	27	-
Change in Accounts Receivable	13,930	-5,973	-12,503	-1,837
Change in Inventory	-1,444	1,443	-279	4,082
Change in Accounts Payable	-346	4,790	-464	-796
Change in Other Net Operating Assets	-119	-498	3,280	-608
Other Operating Activities	-2,007	-1,778	6,656	-151
Operating Cash Flow	45,083	34,604	30,568	27,464
Operating Cash Flow Growth	30.28%	13.20%	11.30%	-
Capital Expenditures	-8,953	-5,281	-5,561	-13,085
Sale of Property, Plant & Equipment	-	-	24	46
Other Investing Activities	-	93	153	138
Investing Cash Flow	-8,953	-5,188	-5,384	-12,901
Long-Term Debt Issued	-	-	267	3,351
Long-Term Debt Repaid	-89	-464	-5,033	-18,019
Net Debt Issued (Repaid)	-89	-464	-4,766	-14,668
Common Dividends Paid	-29,781	-20,206	-11,934	-4,302
Other Financing Activities	-	-7	-99	-738
Financing Cash Flow	-29,870	-20,677	-16,799	-19,708
Foreign Exchange Rate Adjustments	-90	14	-	-
Net Cash Flow	6,170	8,753	8,385	-5,145
Free Cash Flow	36,130	29,323	25,007	14,379
Free Cash Flow Growth	23.21%	17.26%	73.91%	-
Free Cash Flow Margin	21.25%	17.51%	16.03%	10.92%
Free Cash Flow Per Share	108827.27	88323.88	75323.65	43311.02
Cash Interest Paid	-	7	99	738
Cash Income Tax Paid	17,741	18,591	8,526	8,777
Levered Free Cash Flow	24,819	22,023	31,408	22,738
Unlevered Free Cash Flow	24,843	22,053	31,476	22,741
Change in Working Capital	12,021	-238	-9,966	841

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