BVMF:LOGN3 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	121.75	53.6	60.1	406.7	97.49	12.95
Depreciation & Amortization	270.64	271.46	220.05	176.02	122.56	106.51
Other Amortization	14.93	8.04	7.6	-	-	-
Asset Writedown & Restructuring Costs	-0.94	-0.94	-	-	36.86	-
Stock-Based Compensation	-	0.63	6.85	1.93	4.46	19.43
Provision & Write-off of Bad Debts	0.01	-4.04	-0.45	1.64	-	-
Other Operating Activities	302.88	292.02	183.06	-118.65	184.06	72.68
Change in Accounts Receivable	-126.4	-102.51	-57.13	135.37	-23.84	-59.46
Change in Inventory	-2.69	-9.14	-8.2	-13.14	-18.4	-0.77
Change in Accounts Payable	109.32	563.25	-19.48	-69.78	-28.66	29.72
Change in Income Taxes	-92.71	-7.78	59.55	30.77	-9.42	5.16
Change in Other Net Operating Assets	56.34	-7.16	53.66	17.13	51	54.3
Operating Cash Flow	653.12	1,057	505.63	567.99	416.1	240.52
Operating Cash Flow Growth	-27.97%	109.13%	-10.98%	36.50%	73.00%	-19.72%
Capital Expenditures	-135.58	-309.51	-286.5	-190.76	-343.01	-96.16
Cash Acquisitions	-	-	-	4.07	-	-
Investment in Securities	7.93	123.03	143.44	93.63	244.66	6.76
Investing Cash Flow	-127.65	-186.48	-143.06	-93.06	-98.36	-89.4
Long-Term Debt Issued	-	420	275	130	586.91	71.4
Long-Term Debt Repaid	-	-1,249	-362.76	-255.35	-604.04	-132.3
Net Debt Issued (Repaid)	-786.41	-829.23	-87.76	-125.35	-17.14	-60.9
Issuance of Common Stock	-	1.52	3.76	4.09	2.35	3.12
Other Financing Activities	179.3	-189.86	-179.43	-232.7	-187.99	-47.32
Financing Cash Flow	-607.11	-1,018	-263.43	-353.96	-202.78	-105.1
Net Cash Flow	-81.65	-146.61	99.14	120.97	114.96	46.02
Free Cash Flow	517.54	747.93	219.13	377.23	73.08	144.37
Free Cash Flow Growth	24.11%	241.32%	-41.91%	416.16%	-49.38%	1.39%
Free Cash Flow Margin	17.24%	26.75%	9.37%	18.25%	5.23%	12.82%
Free Cash Flow Per Share	4.88	7.05	2.07	3.58	0.69	1.34
Cash Interest Paid	193.93	144.31	144.14	131.02	92.79	44.08
Cash Income Tax Paid	39.47	51.86	64.89	41.39	-	-
Levered Free Cash Flow	185.11	-31.38	-1.38	108.1	-148.44	19.8
Unlevered Free Cash Flow	345.85	120.47	125.04	232.08	-60.58	91.57
Change in Working Capital	-56.14	436.67	28.41	100.35	-29.33	28.95

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.