Fertilizantes Heringer 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	-172.24	-1,155	-361	-150.57	667.21
Depreciation & Amortization	86.32	61.88	47.46	31.62	27.57
Other Amortization	5.04	0.96	-	-	-
Loss (Gain) From Sale of Assets	19.28	16.72	-1.32	-2.68	-33.89
Asset Writedown & Restructuring Costs	-48.11	-	14.42	-40.86	-
Loss (Gain) From Sale of Investments	-	-	6.46	-4.36	3.22
Provision & Write-off of Bad Debts	11.54	-1.02	7.17	-5.49	-1.87
Other Operating Activities	-249.1	795.93	56.1	-135.25	15.81
Change in Accounts Receivable	0.98	322.48	-177.47	-49.48	-131.45
Change in Inventory	577.2	-397.54	236.9	-55.7	-926.88
Change in Accounts Payable	-731.85	646.8	244.8	861.95	41.05
Change in Unearned Revenue	57.72	-56.69	10.47	82.41	36.95
Change in Income Taxes	223.24	-19.35	-3.64	11.36	49.77
Change in Other Net Operating Assets	189.58	16.08	47.64	-105.1	92.07
Operating Cash Flow	-30.42	231.5	127.98	437.84	-160.45
Operating Cash Flow Growth	-	80.89%	-70.77%	-	-
Capital Expenditures	-41.06	-130.2	-148.13	-65.18	-80.86
Sale of Property, Plant & Equipment	-	-	-	-	2.61
Sale (Purchase) of Intangibles	-	-21.02	-	-	-0.03
Other Investing Activities	-13.57	-	-	40.86	-
Investing Cash Flow	-54.63	-151.22	-148.13	-24.32	-78.28
Long-Term Debt Issued	271.31	133.53	93.36	2,767	3,011
Long-Term Debt Repaid	-184.13	-156.34	-94.66	-3,149	-2,782
Net Debt Issued (Repaid)	87.18	-22.81	-1.31	-381.78	229.4
Financing Cash Flow	87.18	-22.81	-1.31	-381.78	229.4
Net Cash Flow	2.14	57.47	-21.46	31.75	-9.32
Free Cash Flow	-71.47	101.3	-20.16	372.66	-241.31
Free Cash Flow Margin	-1.75%	2.20%	-0.38%	6.57%	-5.62%
Free Cash Flow Per Share	-1.33	1.88	-0.37	6.92	-4.48
Cash Interest Paid	-	3.28	1.57	113.41	72.5
Cash Income Tax Paid	-	-	-	47.96	134.17
Levered Free Cash Flow	-222.85	581.66	145.79	301.63	-453.2
Unlevered Free Cash Flow	-216.8	584.22	154.13	482.6	-360.01
Change in Working Capital	316.87	511.78	358.69	745.43	-838.49

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