BVMF:HAGA3 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
Period Ending	Sep '25 Sep 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
Net Income	1.02	2.56	2.48	5.55	8.02	5.58
Depreciation & Amortization	0.99	1.05	1.22	1.47	1.64	1.66
Other Operating Activities	3.61	-0.07	1.93	-6.47	-3.97	-7.82
Operating Cash Flow	5.61	3.54	5.63	0.54	5.69	-0.58
Operating Cash Flow Growth	31.09%	-37.11%	940.49%	-90.49%	-	-
Capital Expenditures	-0.85	-	-	-	-	-
Other Investing Activities	0.33	0.23	-0.67	0.09	-1.61	-1.32
Investing Cash Flow	-0.51	0.23	-0.67	0.09	-1.61	-1.32
Other Financing Activities	-	-	-	-0.04	-0.02	-0.02
Financing Cash Flow	-	-	-	-0.04	-0.02	-0.02
Net Cash Flow	5.1	3.77	4.97	0.59	4.06	-1.93
Free Cash Flow	4.77	3.54	5.63	0.54	5.69	-0.58
Free Cash Flow Growth	11.29%	-37.11%	940.49%	-90.49%	-	-
Free Cash Flow Margin	17.06%	12.00%	19.59%	1.92%	13.67%	-1.96%
Free Cash Flow Per Share	0.40	0.30	0.47	0.05	0.48	-0.05
Levered Free Cash Flow	-1.05	-3.17	-1.9	2.98	10.93	3.36
Unlevered Free Cash Flow	0.43	-1.69	-0.37	4.49	12.04	4.7

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