BVMF:CEGR3 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	Mar '26 Mar 31, 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	670.09	615.29	526.76	596.94	273.94	474.82
Depreciation & Amortization	153.09	146.8	-59.32	149.38	141.83	141.68
Other Amortization	25.81	25.81	220.63	-	4.51	1.54
Asset Writedown	-	-	-2.25	-0.09	-0.15	-
Change in Accounts Receivable	74.15	57.22	-75.42	-51.85	-172.22	-237.35
Change in Inventory	-4.3	-2.33	0.98	-4.29	-0.88	-0.68
Change in Accounts Payable	-177.39	-52.24	-46.79	-58.95	79.39	198.1
Change in Income Taxes	17.29	-12.61	36.09	-5.23	-56.69	23.52
Change in Other Net Operating Assets	-32.94	-90.41	-45.36	-17.01	20.55	6.46
Other Operating Activities	27.85	-7.46	-4.44	-0.74	194.95	3.88
Operating Cash Flow	771.81	699.03	590.84	714.73	582.93	630.48
Operating Cash Flow Growth	1.98%	18.31%	-17.33%	22.61%	-7.54%	30.34%
Sale (Purchase) of Intangibles	-319.69	-314.15	-243.1	-282.92	-240.22	-130.77
Investing Cash Flow	-319.69	-314.15	-243.1	-282.92	-240.22	-130.77
Long-Term Debt Issued	-	-	-	0.22	-	-
Long-Term Debt Repaid	-	-413.72	-60.1	-5.2	-5.63	-6.96
Net Debt Issued (Repaid)	-442.91	-413.72	-60.1	-4.98	-5.63	-6.96
Common Dividends Paid	-131.93	-131.69	-380.52	-264.53	-159.42	-600.3
Other Financing Activities	-15.26	-15.26	-11.69	-10.45	-9.41	-6.76
Financing Cash Flow	-590.1	-560.67	-452.31	-279.97	-174.47	-614.02
Miscellaneous Cash Flow Adjustments	-	-	0	-	-	-
Net Cash Flow	-137.98	-175.78	-104.57	151.85	168.24	-114.32
Cash Interest Paid	157.73	157.73	142.91	204.73	112.58	51.23
Cash Income Tax Paid	279.3	279.3	253.7	256.3	257.36	238.78
Levered Free Cash Flow	405.01	352.26	304.1	511.71	32.5	477.14
Unlevered Free Cash Flow	488.16	434.47	388.86	668.35	341.71	545.21
Change in Working Capital	-123.19	-100.36	-130.51	-137.33	-129.84	-9.95