Frasle Mobility 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	276.9	367.74	377.39	204.84	211.23
Depreciation & Amortization	243.46	155.78	117.44	117.93	110.86
Other Amortization	2.55	2.93	7.25	2.15	2.66
Asset Writedown & Restructuring Costs	10.11	19.73	7.12	1.63	4.39
Loss (Gain) From Sale of Investments	-	-	0.63	1.99	-24.78
Loss (Gain) on Equity Investments	-1.9	-0.48	0.45	-0.02	-0.55
Provision & Write-off of Bad Debts	2.49	2.02	-0.53	0.58	2.73
Other Operating Activities	410.55	281.89	160.14	96.63	70.68
Change in Accounts Receivable	155.98	-14.99	-104.95	-24.06	12.78
Change in Inventory	233.12	-290.7	115.72	-37.02	-324.99
Change in Accounts Payable	-124.86	182.64	34.61	41.83	65.84
Change in Income Taxes	-49.01	-167.76	-50.15	41.55	60.99
Change in Other Net Operating Assets	370.67	-424.83	372.4	-553.1	53.2
Operating Cash Flow	1,530	113.98	1,038	-105.07	245.04
Operating Cash Flow Growth	1242.33%	-89.01%	-	-	1.58%
Capital Expenditures	-174.62	-155.91	-131.12	-82.3	-106.27
Cash Acquisitions	-2,090	-33.21	-100.89	-3.25	-87.78
Sale (Purchase) of Intangibles	-15.87	-9.93	-2.58	-1.84	-1.3
Investment in Securities	-	-2.03	-1.8	-	-
Investing Cash Flow	-2,281	-201.08	-236.39	-87.38	-195.34
Long-Term Debt Issued	2,331	500.16	94.73	157.69	271.37
Long-Term Debt Repaid	-762.69	-352.86	-193.23	-225.86	-281.41
Net Debt Issued (Repaid)	1,568	147.3	-98.49	-68.17	-10.04
Issuance of Common Stock	247.65	-	-	629.4	-
Common Dividends Paid	-163.66	-162.81	-111.27	-70.11	-72.57
Other Financing Activities	-347	-102.93	-108.81	-94.41	-46.73
Financing Cash Flow	1,305	-118.43	-318.57	396.71	-129.34
Foreign Exchange Rate Adjustments	-83.34	-	-	-	-
Net Cash Flow	471.37	-205.53	482.56	204.26	-79.64
Free Cash Flow	1,355	-41.93	906.4	-187.37	138.77
Free Cash Flow Growth	-	-	-	-	-25.05%
Free Cash Flow Margin	24.69%	-1.06%	26.75%	-6.13%	5.37%
Free Cash Flow Per Share	4.89	-0.16	3.40	-0.74	0.65
Cash Interest Paid	330.94	102.93	108.81	94.41	46.73
Cash Income Tax Paid	91.27	92.09	55.89	18.66	39.3
Levered Free Cash Flow	148.22	549.69	296.28	292.83	-134.67
Unlevered Free Cash Flow	148.42	549.69	364.46	362.83	-91.89
Change in Working Capital	585.91	-715.64	367.63	-530.8	-132.18

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