BVC:PEI Cash Flow Statement

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

Millions COP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 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
Net Income	434,266	509,241	723,751	763,968	294,973	262,093
Depreciation & Amortization	402.99	273.34	177.5	86.13	60.7	59.7
Other Amortization	128.71	161.6	167.56	167.56	-	-
Gain (Loss) on Sale of Assets	-19,468	211.69	-591.5	-	-	3.21
Asset Writedown	-173,863	-348,097	-656,994	-614,934	-110,390	-111,313
Change in Accounts Receivable	-33,301	9,154	-1,779	-9,963	13,275	-29,132
Change in Accounts Payable	-617.93	-9,969	-9,178	17,520	32,835	-29,656
Change in Other Net Operating Assets	-6,535	295.98	-61.37	-3,582	-4,606	-2,666
Other Operating Activities	329,007	381,472	439,810	261,665	-	-
Operating Cash Flow	533,505	548,373	486,480	404,548	241,236	101,034
Operating Cash Flow Growth	-1.50%	12.72%	20.25%	67.70%	138.77%	-51.61%
Acquisition of Real Estate Assets	-92,922	-94,669	-76,557	-305,289	-649,588	-421,903
Sale of Real Estate Assets	90,234	10,234	4,827	-	-	-
Net Sale / Acq. of Real Estate Assets	-2,688	-84,435	-71,730	-305,289	-649,588	-421,903
Investment in Marketable & Equity Securities	-	-	-	-	104,022	-91,435
Investing Cash Flow	-2,688	-84,435	-71,730	-305,289	-545,566	-513,338
Long-Term Debt Issued	-	253,498	134,450	369,354	667,173	645,299
Long-Term Debt Repaid	-	-174,435	-50,527	-23,910	-114,648	-1,144
Net Debt Issued (Repaid)	36,596	79,063	83,924	345,445	552,525	644,154
Repurchase of Common Stock	-	-	-	-12,223	-	-
Common Dividends Paid	-205,063	-136,095	-63,146	-175,620	-225,070	-116,412
Other Financing Activities	-345,363	-383,904	-447,860	-254,599	-1,197	-105,640
Net Cash Flow	16,987	23,001	-12,332	2,262	21,929	9,798
Cash Interest Paid	345,363	383,904	447,860	252,500	-	-
Levered Free Cash Flow	143,332	110,436	9,717	86,837	174,120	49,320
Unlevered Free Cash Flow	348,913	348,796	284,535	255,237	245,212	117,447
Change in Working Capital	-38,769	2,864	-18,772	-13,263	63,244	-63,193

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