BVMF:MELK3 Cash Flow Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	71.37	103.89	84.38	82.94
Depreciation & Amortization	4.13	4.57	3.93	4.71
Loss (Gain) on Equity Investments	-11.39	-7.94	0.56	-
Other Operating Activities	28.02	25.47	49.28	18.25
Change in Accounts Receivable	-105.36	-268.08	-126	-185.97
Change in Inventory	67.83	208.74	-266.53	-258.99
Change in Accounts Payable	-10.38	25.55	-14	26.22
Change in Other Net Operating Assets	75.27	-107.4	139.66	176.5
Operating Cash Flow	119.5	-15.22	-128.72	-136.35
Capital Expenditures	-4.76	-2.93	-2.86	-12.75
Cash Acquisitions	-42.89	-3.02	-8.4	-3.1
Investment in Securities	-6.84	-8.1	49.41	306.92
Other Investing Activities	-	-	-	-1.75
Investing Cash Flow	-54.49	-14.06	38.15	289.32
Long-Term Debt Issued	198.55	222.29	175.73	5.59
Long-Term Debt Repaid	-124.79	-107.13	-23.27	-74.8
Net Debt Issued (Repaid)	73.76	115.16	152.46	-69.22
Repurchase of Common Stock	-	-	-	-31.69
Common Dividends Paid	-81.42	-124.58	-31.36	-68.32
Other Financing Activities	-53.79	24.21	-30.61	25.9
Financing Cash Flow	-61.45	14.79	90.49	-143.33
Net Cash Flow	3.56	-14.48	-0.08	9.65
Free Cash Flow	114.74	-18.15	-131.57	-149.09
Free Cash Flow Margin	11.15%	-1.53%	-12.78%	-19.32%
Free Cash Flow Per Share	0.55	-0.09	-0.64	-0.73
Cash Interest Paid	30.94	20.2	10.03	4.84
Cash Income Tax Paid	25.79	25.37	23.16	13.76
Levered Free Cash Flow	144.56	-90.37	-212.04	-161.21
Unlevered Free Cash Flow	144.6	-90.31	-212	-158.17
Change in Working Capital	27.36	-141.2	-266.87	-242.24

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