BVMF:LOGN3 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	93.7	53.6	60.1	406.7	97.49
Depreciation & Amortization	285.6	271.46	220.05	176.02	122.56
Other Amortization	-	8.04	7.6	-	-
Asset Writedown & Restructuring Costs	-	-0.94	-	-	36.86
Stock-Based Compensation	-	0.63	6.85	1.93	4.46
Provision & Write-off of Bad Debts	0.2	-4.04	-0.45	1.64	-
Other Operating Activities	297.6	292.02	183.06	-118.65	184.06
Change in Accounts Receivable	-102.5	-102.51	-57.13	135.37	-23.84
Change in Inventory	-1.7	-9.14	-8.2	-13.14	-18.4
Change in Accounts Payable	14	563.25	-19.48	-69.78	-28.66
Change in Income Taxes	-227.3	-7.78	59.55	30.77	-9.42
Change in Other Net Operating Assets	107.6	-7.16	53.66	17.13	51
Operating Cash Flow	467.2	1,057	505.63	567.99	416.1
Operating Cash Flow Growth	-55.82%	109.13%	-10.98%	36.50%	73.00%
Capital Expenditures	-69.3	-309.51	-286.5	-190.76	-343.01
Cash Acquisitions	-	-	-	4.07	-
Investment in Securities	7.5	123.03	143.44	93.63	244.66
Other Investing Activities	-0.1	-	-	-	-
Investing Cash Flow	-61.9	-186.48	-143.06	-93.06	-98.36
Long-Term Debt Issued	-	420	275	130	586.91
Long-Term Debt Repaid	-	-1,249	-362.76	-255.35	-604.04
Net Debt Issued (Repaid)	-	-829.23	-87.76	-125.35	-17.14
Issuance of Common Stock	-	1.52	3.76	4.09	2.35
Other Financing Activities	-395	-189.86	-179.43	-232.7	-187.99
Financing Cash Flow	-395	-1,018	-263.43	-353.96	-202.78
Net Cash Flow	10.3	-146.61	99.14	120.97	114.96
Free Cash Flow	397.9	747.93	219.13	377.23	73.08
Free Cash Flow Growth	-46.80%	241.32%	-41.91%	416.16%	-49.38%
Free Cash Flow Margin	12.91%	26.75%	9.37%	18.25%	5.23%
Free Cash Flow Per Share	3.75	7.05	2.07	3.58	0.69
Cash Interest Paid	-	144.31	144.14	131.02	92.79
Cash Income Tax Paid	55.9	51.86	64.89	41.39	-
Levered Free Cash Flow	94.47	-31.38	-1.38	108.1	-148.44
Unlevered Free Cash Flow	249.84	120.47	125.04	232.08	-60.58
Change in Working Capital	-209.9	436.67	28.41	100.35	-29.33

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