BVMF:BEES3 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	2015 - 2019
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	2015 - 2019
Net Income	447.51	428.63	323.8	344.64	230.52	221.65	Upgrade
Depreciation & Amortization	82.07	78.63	80.32	79.24	71.67	65.42	Upgrade
Other Amortization	26.13	21.59	-	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	0.05	-	-	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	-106.43	55.3	36.97	73.88	-16.93	-24.01	Upgrade
Provision for Credit Losses	189.9	108.66	244.62	59.04	76.29	35.47	Upgrade
Change in Income Taxes	-86.99	-161.32	-112.31	-174.1	-112	-	Upgrade
Change in Other Net Operating Assets	-1,480	-6,865	161.54	4,824	1,418	-2,968	Upgrade
Other Operating Activities	-1,837	-2,090	-2,823	-1,650	-607.31	-245.73	Upgrade
Operating Cash Flow	-2,764	-8,424	-2,088	3,556	1,060	-2,915	Upgrade
Operating Cash Flow Growth	-	-	-	235.41%	-	-	Upgrade
Capital Expenditures	-138.24	-119.74	-110.69	-63.12	-60.29	-44.92	Upgrade
Sale of Property, Plant and Equipment	58.08	101.11	71.32	54.07	58.35	29.51	Upgrade
Investment in Securities	6,968	10,614	-2,866	-6,660	95.98	-2,082	Upgrade
Purchase / Sale of Intangibles	-251.62	-221.49	-76.16	-66.83	-50.75	-39.32	Upgrade
Other Investing Activities	333.95	346.26	421.85	384.49	-13.58	-	Upgrade
Investing Cash Flow	6,970	10,720	-2,560	-6,351	29.72	-2,137	Upgrade
Common Dividends Paid	-51.9	-58	-57	-	-109.07	-74.1	Upgrade
Net Increase (Decrease) in Deposit Accounts	58.46	458.58	2,203	1,885	2,497	4,203	Upgrade
Other Financing Activities	-108.5	-158.5	-142.32	-184.31	-	-	Upgrade
Financing Cash Flow	-101.94	242.08	2,004	1,700	2,388	4,129	Upgrade
Net Cash Flow	4,104	2,538	-2,644	-1,094	3,478	-923.28	Upgrade
Free Cash Flow	-2,903	-8,543	-2,198	3,493	1,000	-2,960	Upgrade
Free Cash Flow Growth	-	-	-	249.32%	-	-	Upgrade
Free Cash Flow Margin	-155.69%	-502.39%	-149.09%	240.74%	86.60%	-259.02%	Upgrade
Free Cash Flow Per Share	-8.35	-24.59	-6.33	10.05	2.88	-8.52	Upgrade
Cash Income Tax Paid	86.99	161.32	112.31	174.1	112	-	Upgrade

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.