Organización Terpel 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	628,486	530,756	285,274	333,412	375,722
Depreciation & Amortization	-	331,314	338,831	323,891	299,539
Other Amortization	-	36,139	36,323	29,061	29,348
Other Operating Activities	555,207	594,703	880,069	-529,616	-85,375
Operating Cash Flow	1,183,693	1,492,912	1,540,496	156,748	619,235
Operating Cash Flow Growth	-20.71%	-3.09%	882.78%	-74.69%	-15.66%
Capital Expenditures	-278,857	-321,878	-384,145	-411,785	-302,099
Sale of Property, Plant & Equipment	110,959	3,029	3,525	1,649	1,813
Cash Acquisitions	-43,557	-8.12	-4,000	-7,040	-
Sale (Purchase) of Intangibles	-39,978	-45,828	-48,861	-48,453	-45,536
Investment in Securities	-	-	-	-	-20.91
Other Investing Activities	3,935	7,183	3,366	4,771	6,841
Investing Cash Flow	-247,499	-357,502	-430,115	-460,858	-339,003
Short-Term Debt Issued	100,000	-	669,448	780,318	67,970
Long-Term Debt Issued	290,530	10,431	418,723	101,411	-
Total Debt Issued	390,530	10,431	1,088,171	881,729	67,970
Long-Term Debt Repaid	-746,716	-396,066	-1,164,976	-258,116	-131,146
Net Debt Issued (Repaid)	-356,186	-385,635	-76,805	623,613	-63,176
Common Dividends Paid	-252,861	-136,615	-159,167	-206,593	-50.22
Other Financing Activities	-266,782	-353,186	-487,533	-288,257	-143,826
Financing Cash Flow	-875,830	-875,436	-723,505	128,764	-207,053
Foreign Exchange Rate Adjustments	-67,873	46,352	-53,323	52,446	26,264
Net Cash Flow	-7,508	306,327	333,554	-122,900	99,443
Free Cash Flow	904,836	1,171,034	1,156,351	-255,037	317,136
Free Cash Flow Growth	-22.73%	1.27%	-	-	-45.54%
Free Cash Flow Margin	2.37%	3.45%	3.46%	-0.72%	1.37%
Free Cash Flow Per Share	-	6454.66	6373.73	-1405.75	1748.03
Cash Interest Paid	-	416,453	544,796	345,984	190,958
Cash Income Tax Paid	-	259,605	223,099	259,314	104,956
Levered Free Cash Flow	1,072,865	680,807	794,233	-682,040	53,585
Unlevered Free Cash Flow	1,290,574	932,752	1,137,191	-450,578	176,376

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