Unifique Telecomunicações 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	208.96	174.57	145.11	130.21	80.54
Depreciation & Amortization	269.56	222.75	204.74	151.82	89.46
Other Amortization	-	17.35	13.9	11.25	6.45
Asset Writedown & Restructuring Costs	11.57	11.01	7.79	10.11	6.54
Loss (Gain) on Equity Investments	-1.97	-0.81	-0.06	-0.09	-
Stock-Based Compensation	0.73	0.91	-	-	-
Provision & Write-off of Bad Debts	37.69	31.72	31.02	36.58	7.25
Other Operating Activities	114.83	107.47	73.62	23.22	21.94
Change in Accounts Receivable	-63.17	-58.99	-42.8	-41.61	-37.47
Change in Inventory	0.74	-6.4	3.76	-0.92	-2.68
Change in Accounts Payable	-8.86	64.14	-10.29	-6.03	-3.61
Change in Income Taxes	2.19	-14.79	-1.35	29.54	0.94
Change in Other Net Operating Assets	-18.47	-9.62	7.36	-5.54	2.23
Operating Cash Flow	553.79	539.31	432.79	338.57	171.58
Operating Cash Flow Growth	2.69%	24.61%	27.83%	97.32%	99.71%
Capital Expenditures	-287.88	-304.13	-172.67	-222.8	-168.18
Cash Acquisitions	-165.05	-112.16	-208.6	-167.96	-51.39
Sale (Purchase) of Intangibles	-51.95	-57.81	-36.96	-27.34	-135.38
Investment in Securities	-30.73	76.04	85.59	-3.02	-171.95
Other Investing Activities	-0.53	-	0.24	-	6.37
Investing Cash Flow	-536.14	-398.06	-332.41	-421.1	-520.52
Long-Term Debt Issued	41.39	300	24.48	148.2	173.65
Long-Term Debt Repaid	-162.84	-171.47	-138.98	-133.05	-61.67
Net Debt Issued (Repaid)	-121.45	128.54	-114.51	15.15	111.98
Issuance of Common Stock	0.15	-	-	-	863.42
Repurchase of Common Stock	-	-	-	-32.24	-17.18
Common Dividends Paid	-110	-75	-53.21	-30	-70.6
Other Financing Activities	-21.15	-19.29	-28.49	-31.14	-53.17
Financing Cash Flow	-252.45	34.24	-196.21	-78.22	834.46
Net Cash Flow	-234.8	175.49	-95.83	-160.76	485.52
Free Cash Flow	265.91	235.18	260.12	115.77	3.4
Free Cash Flow Growth	13.07%	-9.59%	124.68%	3301.06%	-
Free Cash Flow Margin	22.43%	22.94%	29.45%	17.06%	0.74%
Free Cash Flow Per Share	0.75	0.60	0.67	0.30	0.02
Cash Interest Paid	-	22.66	17.13	25.2	13.1
Cash Income Tax Paid	-	14.14	35.37	36.5	19.85
Levered Free Cash Flow	-1.15	22.3	31.77	24.94	-104.26
Unlevered Free Cash Flow	64.21	67.03	77.98	70.31	-84.86
Change in Working Capital	-87.57	-25.67	-43.32	-24.54	-40.59

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