VMware Cash Flow Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 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	2016 - 2020
Net Income	-7.03	-15.94	-73.91	-160.87	-223.36	-170.96	Upgrade
Depreciation & Amortization	159.47	157.91	155.69	230.64	164.25	257	Upgrade
Other Amortization	12.98	25.08	21.39	-	13.83	-	Upgrade
Loss (Gain) From Sale of Assets	2.92	-	-	-	-	-	Upgrade
Asset Writedown & Restructuring Costs	30.12	61.68	57.38	-	59.52	-	Upgrade
Loss (Gain) on Equity Investments	1.46	-	-	-	-	-	Upgrade
Other Operating Activities	216.02	191.17	279.43	326.09	245.8	6.46	Upgrade
Change in Accounts Receivable	37.38	-	-	-	-	-	Upgrade
Change in Inventory	0.17	-	-	-	-	-	Upgrade
Change in Accounts Payable	4.68	-	-	-	-	-	Upgrade
Change in Income Taxes	-1.07	-	-	-	-	-	Upgrade
Change in Other Net Operating Assets	3.38	-	-	-	-	-	Upgrade
Operating Cash Flow	460.47	419.9	439.98	395.86	260.03	92.49	Upgrade
Operating Cash Flow Growth	7.25%	-4.56%	11.14%	52.23%	181.14%	-75.88%	Upgrade
Capital Expenditures	18.76	-	-	-	-	-	Upgrade
Cash Acquisitions	6.13	-	-	-	-	-	Upgrade
Sale (Purchase) of Intangibles	38.35	-	-	-	-	-	Upgrade
Sale (Purchase) of Real Estate	8.27	-	-	-	-	-	Upgrade
Other Investing Activities	-224.28	-158.46	-90.68	-74.39	-97.25	-670.12	Upgrade
Investing Cash Flow	-152.78	-158.46	-90.68	-74.39	-97.25	-670.12	Upgrade
Total Debt Issued	-270	-	-	-	-	-	Upgrade
Net Debt Issued (Repaid)	-90.64	-	-	-	-	-	Upgrade
Issuance of Common Stock	-	-	-	20.78	100	300.3	Upgrade
Repurchase of Common Stock	-1.87	-1.6	-4.69	-0.53	-	-	Upgrade
Other Financing Activities	-195.91	-231.37	-292.5	-300.7	-208.5	199.24	Upgrade
Financing Cash Flow	-288.42	-232.97	-297.19	-280.45	-108.49	499.54	Upgrade
Net Cash Flow	19.27	28.47	52.11	41.01	54.29	-78.09	Upgrade
Free Cash Flow	479.23	419.9	439.98	395.86	260.03	92.49	Upgrade
Free Cash Flow Growth	13.08%	-4.56%	11.14%	52.23%	181.14%	-74.17%	Upgrade
Free Cash Flow Margin	27.92%	26.50%	32.44%	35.57%	31.14%	14.24%	Upgrade
Free Cash Flow Per Share	2.30	1.95	2.05	2.00	1.24	0.51	Upgrade
Levered Free Cash Flow	170.51	133.02	163.3	203.99	170.24	148.23	Upgrade
Unlevered Free Cash Flow	327.93	278.04	322.28	364.14	282.79	276.85	Upgrade
Change in Net Working Capital	85.81	94.37	-1.78	-83.02	-85.34	-13.17	Upgrade

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