BVMF:CGAS3 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	1,602	1,792	1,409	1,811	2,119	1,151	Upgrade
Depreciation & Amortization	681.66	653.44	575.79	498.49	436.09	379.26	Upgrade
Loss (Gain) on Sale of Assets	30.25	58.97	30.19	45.19	21.08	3.18	Upgrade
Stock-Based Compensation	-1.73	-	5	2.34	3.63	4.31	Upgrade
Change in Accounts Receivable	424.88	-51.47	344.1	-197.78	-376.13	-5.9	Upgrade
Change in Inventory	11.34	-18.07	-32.29	-3.11	-7.29	-34.53	Upgrade
Change in Accounts Payable	-548.95	-141.9	-186.43	-175.84	468.38	-33.37	Upgrade
Change in Other Net Operating Assets	-819.12	-742.01	-396.84	8.18	-438.53	-627.66	Upgrade
Other Operating Activities	1,559	1,313	1,673	1,438	283.91	1,235	Upgrade
Operating Cash Flow	2,973	2,882	3,432	3,439	2,508	2,097	Upgrade
Operating Cash Flow Growth	-3.38%	-16.03%	-0.23%	37.11%	19.65%	-16.55%	Upgrade
Capital Expenditures	34.21	-	-	-	-	-	Upgrade
Sale of Property, Plant & Equipment	1.76	1.5	4.64	8.32	6.81	-	Upgrade
Sale (Purchase) of Intangibles	-1,503	-1,503	-1,500	-1,188	-1,027	-991.72	Upgrade
Investment in Securities	231.12	-127.75	-159.28	532.48	-4.91	-776.58	Upgrade
Investing Cash Flow	-1,235	-1,629	-1,654	-646.72	-1,025	-1,768	Upgrade
Long-Term Debt Issued	-	3,703	1,338	2,474	1,558	2,268	Upgrade
Long-Term Debt Repaid	-	-1,171	-1,552	-2,282	-1,770	-808.68	Upgrade
Net Debt Issued (Repaid)	228.3	2,531	-213.86	192	-212.47	1,459	Upgrade
Common Dividends Paid	-1,344	-2,735	-430.12	-1,873	-1,650	-1,136	Upgrade
Other Financing Activities	-842.18	-705.53	-529.47	-762.43	-340.15	-124.39	Upgrade
Financing Cash Flow	-1,958	-909.54	-1,173	-2,443	-2,202	198.89	Upgrade
Net Cash Flow	-220.69	343.28	603.88	349.61	-718.9	527.14	Upgrade
Free Cash Flow	3,007	2,882	3,432	3,439	2,508	2,097	Upgrade
Free Cash Flow Growth	-1.80%	-16.03%	-0.23%	37.11%	19.65%	-16.55%	Upgrade
Free Cash Flow Margin	21.30%	18.66%	22.64%	20.23%	21.42%	25.21%	Upgrade
Free Cash Flow Per Share	22.69	21.74	25.88	25.92	18.89	15.78	Upgrade
Cash Interest Paid	581.45	377.6	341.22	472.42	419.72	281.41	Upgrade
Levered Free Cash Flow	192.29	18.99	1,572	86.67	286.44	155.41	Upgrade
Unlevered Free Cash Flow	781.68	500.36	1,936	629.41	781.71	377.04	Upgrade
Change in Working Capital	-931.85	-953.46	-271.46	-368.54	-353.57	-701.46	Upgrade

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.