BVMF:MNDL3 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	-21.97	3.82	-6.83	881.99	-572.64
Depreciation & Amortization	16.53	14.64	15.02	15.42	13.45
Other Amortization	-	0.9	0.92	-	1.01
Asset Writedown & Restructuring Costs	39.64	23.53	28.45	68.15	7.92
Other Operating Activities	-5.06	-3.54	-13.9	-931.77	590.57
Change in Accounts Receivable	-18.79	-32.64	-67.92	-11.04	-21.57
Change in Inventory	13.6	-31.14	7.81	-36.55	-80.54
Change in Accounts Payable	14.2	3.83	20.2	-10.85	4.83
Change in Income Taxes	-51.81	-13.72	-2.27	-22.45	-2.88
Change in Other Net Operating Assets	4.01	-11.86	-14.37	-19.21	-24.99
Operating Cash Flow	-9.65	-46.16	-32.89	-66.32	-84.85
Capital Expenditures	-25.18	-33.42	-19.86	-19.83	-17.49
Sale (Purchase) of Intangibles	-2.72	-	-	-0.19	0.12
Investment in Securities	-	10.37	-	6.39	-
Investing Cash Flow	-27.9	-23.05	-19.86	-13.63	-17.38
Long-Term Debt Issued	1,517	449.86	375.39	377.11	306.68
Long-Term Debt Repaid	-1,360	-297.72	-243.89	-229.79	-167.47
Net Debt Issued (Repaid)	157.33	152.15	131.5	147.32	139.21
Other Financing Activities	-118.58	-82.74	-79.78	-69.14	-36.55
Financing Cash Flow	38.75	69.41	51.72	78.18	102.66
Net Cash Flow	1.2	0.2	-1.04	-1.77	0.44
Free Cash Flow	-34.83	-79.59	-52.76	-86.15	-102.34
Free Cash Flow Margin	-3.42%	-8.21%	-6.31%	-11.32%	-14.81%
Free Cash Flow Per Share	-	-8.02	-5.32	-8.69	-10.32
Cash Interest Paid	-	82.74	79.78	69.14	36.55
Levered Free Cash Flow	-12.06	-137.25	-31.6	-1,073	477.02
Unlevered Free Cash Flow	104.84	-65.97	35.13	-1,073	510.56
Change in Working Capital	-38.8	-85.51	-56.56	-100.1	-125.15

Source: S&P Global Market Intelligence. Standard template. Financial Sources.