BVMF:AFLT3 Cash Flow Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	35.66	23.83	34.03	28.71	37.49	99.81
Depreciation & Amortization	0.24	0.15	0.19	0.2	0.17	0.08
Asset Writedown	-0.03	-	-	0.01	0.03	-
Change in Accounts Receivable	2.39	-4.12	2.23	-2.85	0.02	-2.27
Change in Accounts Payable	-0.75	-3.24	1.19	-0.98	-1	3.71
Change in Income Taxes	2.56	2.78	0	-0.39	-1.57	-0.34
Change in Other Net Operating Assets	16.15	20.85	-25.26	-5.5	-16.67	-76.29
Other Operating Activities	8.44	6.84	-0.97	0.4	2.22	2.84
Operating Cash Flow	64.66	47.09	11.42	19.6	20.7	27.53
Operating Cash Flow Growth	1029.16%	312.45%	-41.75%	-5.32%	-24.79%	3.69%
Capital Expenditures	0	-0.11	-1.43	-0.38	-1.91	-1.25
Investing Cash Flow	0	-0.11	-1.43	-0.38	-1.91	-1.25
Long-Term Debt Issued	-	-	30	-	-	-
Long-Term Debt Repaid	-	-	-0.13	-0.2	-0.2	-0.2
Net Debt Issued (Repaid)	-	-	29.87	-0.2	-0.2	-0.2
Common Dividends Paid	-32.88	-26.05	-35.47	-37.42	-14.88	-39.67
Financing Cash Flow	-32.88	-26.05	-5.6	-37.62	-15.08	-39.87
Net Cash Flow	31.77	20.93	4.39	-18.4	3.71	-13.59
Free Cash Flow	64.66	46.98	9.98	19.23	18.79	26.28
Free Cash Flow Growth	1442.02%	370.59%	-48.07%	2.31%	-28.49%	3.26%
Free Cash Flow Margin	101.52%	95.57%	11.61%	28.57%	26.08%	21.84%
Free Cash Flow Per Share	1.02	0.74	0.16	0.30	0.30	0.42
Levered Free Cash Flow	18.54	3.53	16.33	9.99	28.29	47.42
Unlevered Free Cash Flow	19.49	4.53	16.4	10	28.31	47.44
Cash Interest Paid	1.33	1.33	0	0.02	0.03	0.04
Cash Income Tax Paid	1.38	0.75	12.31	2.44	1.52	1.52
Change in Working Capital	20.35	16.27	-21.84	-9.72	-19.21	-75.19