Hospital Mater Dei 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	110.51	-338.44	119.65	103.51	144.92
Depreciation & Amortization	99.46	100.34	94.41	85.01	38.21
Other Amortization	11.65	8.7	7.59	5.07	2.57
Asset Writedown & Restructuring Costs	5.56	0.43	2.13	6.8	1.03
Loss (Gain) From Sale of Investments	-	754.26	-	-	-
Loss (Gain) on Equity Investments	1.51	2.43	-2.66	0.29	-0.08
Stock-Based Compensation	4.25	8.32	11.7	11.7	8.56
Provision & Write-off of Bad Debts	17.56	26.65	17.92	10.99	12.42
Other Operating Activities	28.28	-224.02	100.6	87.32	-118.67
Change in Accounts Receivable	-112.17	-176.31	-257.12	-194.91	-17.63
Change in Inventory	-22.03	-2.08	1.12	-18.13	-4.6
Change in Accounts Payable	22.8	10.95	4.4	-3.78	14.57
Change in Income Taxes	48.37	10.34	38.99	45.21	77.68
Change in Other Net Operating Assets	8.58	-49.13	18.47	-40.75	-5.77
Operating Cash Flow	224.33	132.43	157.21	98.32	153.21
Operating Cash Flow Growth	69.39%	-15.76%	59.89%	-35.82%	91.36%
Capital Expenditures	-47.57	-201.79	-182.75	-330.23	-335.84
Cash Acquisitions	-35.18	-40.66	-41.4	-616.31	-817.89
Sale (Purchase) of Intangibles	-13.35	-12.05	-13.6	-15.96	-10.04
Investment in Securities	109.88	470.76	73.08	218.04	-72.15
Investing Cash Flow	13.78	216.26	-164.67	-744.46	-1,236
Long-Term Debt Issued	700	208.52	82.48	106.2	914
Long-Term Debt Repaid	-790.73	-73.87	-61.21	-146.52	-69.29
Net Debt Issued (Repaid)	-90.73	134.65	21.27	-40.32	844.71
Issuance of Common Stock	-	-	-	-	1,141
Repurchase of Common Stock	-39.39	-59.23	-	-1.96	-
Common Dividends Paid	-75.28	-28.42	-24.58	-59.01	-27.29
Other Financing Activities	-56.17	-0.42	-8.34	-6.36	3.72
Financing Cash Flow	-261.56	46.59	-11.65	-107.65	1,962
Net Cash Flow	-23.45	395.28	-19.11	-753.79	878.99
Free Cash Flow	176.76	-69.36	-25.54	-231.91	-182.63
Free Cash Flow Margin	8.13%	-3.12%	-1.17%	-13.15%	-17.83%
Free Cash Flow Per Share	0.53	-0.18	-0.06	-0.57	-0.55
Cash Interest Paid	151.08	154.55	154.13	141.69	28.13
Cash Income Tax Paid	39.47	20.46	35.09	31.46	116.37
Levered Free Cash Flow	16.84	81.05	-101.47	-384.34	-300.72
Unlevered Free Cash Flow	186.49	227.26	50.93	-243.94	-250.4
Change in Working Capital	-54.44	-206.24	-194.14	-212.35	64.25

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