Grupo Casas Bahia Cash Flow Statement

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

Millions BRL. 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	-2,988	-1,045	-2,625	-342	-297
Depreciation & Amortization	1,037	835	947	997	896
Other Amortization	-	236	191	120	96
Loss (Gain) From Sale of Assets	16	-2	129	-38	38
Asset Writedown & Restructuring Costs	-7	-22	-8	-57	2
Loss (Gain) on Equity Investments	-66	-66	-50	-40	-45
Stock-Based Compensation	8	23	20	59	49
Provision & Write-off of Bad Debts	1,286	1,037	1,180	1,085	830
Other Operating Activities	1,937	1,049	1,997	1,283	1,794
Change in Accounts Receivable	-1,976	-2,100	2,448	-910	246
Change in Inventory	-394	-381	1,088	1,563	-987
Change in Accounts Payable	15,186	11,208	5,856	151	-192
Change in Unearned Revenue	-120	-381	-97	1,396	-18
Change in Income Taxes	-71	879	1,295	-85	-738
Change in Other Net Operating Assets	1,281	-627	-1,904	-2,103	-1,976
Operating Cash Flow	15,129	10,643	10,467	3,079	-302
Operating Cash Flow Growth	42.15%	1.68%	239.95%	-	-
Capital Expenditures	-265	-233	-505	-1,008	-912
Sale of Property, Plant & Equipment	11	9	-	98	3
Cash Acquisitions	-	-	-	-18	-39
Investment in Securities	-	-	-	-	-10
Investing Cash Flow	-254	-224	-505	-928	-958
Long-Term Debt Issued	12,809	9,024	8,790	7,803	9,199
Short-Term Debt Repaid	-	-9,598	-7,141	-	-
Long-Term Debt Repaid	-12,202	-8,868	-9,774	-8,866	-9,675
Total Debt Repaid	-12,202	-18,466	-16,915	-8,866	-9,675
Net Debt Issued (Repaid)	607	-9,442	-8,125	-1,063	-476
Issuance of Common Stock	-	-	622	-	5
Repurchase of Common Stock	-	-	-	-62	-10
Other Financing Activities	-16,388	-1,419	-1,905	-788	538
Financing Cash Flow	-15,781	-10,861	-9,408	-1,913	57
Net Cash Flow	-906	-442	554	238	-1,203
Free Cash Flow	14,864	10,410	9,962	2,071	-1,214
Free Cash Flow Growth	42.79%	4.50%	381.02%	-	-
Free Cash Flow Margin	50.91%	38.26%	34.53%	6.70%	-3.93%
Free Cash Flow Per Share	46.43	109.55	136.96	32.76	-19.02
Cash Interest Paid	-	1,419	1,885	1,347	882
Levered Free Cash Flow	152.75	351.25	2,716	1,138	-701.88
Unlevered Free Cash Flow	2,457	1,743	4,062	2,149	-64.38
Change in Working Capital	13,906	8,598	8,686	12	-3,665

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