BVMF:I1FF34 Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. 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	-359	267	-2,587	-1,864	279
Depreciation & Amortization	962	1,015	1,142	1,179	1,156
Stock-Based Compensation	88	77	65	49	54
Other Adjustments	579	-203	2,281	2,064	81
Change in Receivables	-68	-217	51	-117	-169
Changes in Inventories	-41	-34	605	-893	-363
Changes in Accounts Payable	-57	40	-39	-57	419
Changes in Accrued Expenses	-106	190	-2	-34	100
Changes in Other Operating Activities	-149	-65	-60	70	-120
Operating Cash Flow	850	1,070	1,455	397	1,437
Operating Cash Flow Growth	-20.56%	-26.46%	266.50%	-72.37%	101.26%
Capital Expenditures	-594	-463	-503	-504	-393
Sale of Property, Plant & Equipment	21	21	27	8	18
Purchases of Intangible Assets	-2	-5	-	-2	-4
Payments for Business Acquisitions	-	-	-	-110	-
Proceeds from Business Divestments	2,743	875	1,050	1,180	361
Other Investing Activities	101	-102	-16	173	-
Investing Cash Flow	2,269	326	558	745	-18
Short-Term Debt Issued	314	-	-286	377	219
Short-Term Debt Repaid	-	-	-	-421	-
Net Short-Term Debt Issued (Repaid)	314	-	-286	-44	219
Long-Term Debt Issued	-	-	-	-	3
Long-Term Debt Repaid	-2,913	-1,030	-655	-300	-828
Net Long-Term Debt Issued (Repaid)	-2,913	-1,030	-655	-300	-825
Repurchase of Common Stock	-62	-16	-13	-21	-21
Net Common Stock Issued (Repurchased)	-62	-16	-13	-21	-21
Common Dividends Paid	-409	-514	-826	-810	-667
Other Financing Activities	-57	-16	-65	-54	-10
Financing Cash Flow	-3,091	-1,606	-1,851	-1,229	-1,304
Effect of Exchange Rate Changes on Cash and Cash Equivalents	91	-54	21	-77	-59
Net Cash Flow	119	-264	183	-164	56
Free Cash Flow	256	607	952	-107	1,044
Free Cash Flow Growth	-57.83%	-36.24%	-	-	100.00%
FCF Margin	2.35%	5.29%	8.29%	-0.86%	8.96%
Free Cash Flow Per Share	1.00	2.37	3.73	-0.42	4.30
Levered Free Cash Flow	-2,945	-84	-2,389	-2,454	463
Unlevered Free Cash Flow	-317.86	1,347	-1,025	-1,760	1,260

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.