Neoenergia 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	5,031	3,635	4,461	4,718	3,925
Depreciation & Amortization	3,067	2,864	2,606	2,274	1,767
Other Amortization	14	8	5	6	10
Loss (Gain) on Sale of Assets	-	-	-	-	482
Loss (Gain) on Equity Investments	-69	32	1	46	165
Asset Writedown	-1,522	-996	-2,300	-1,126	-1,453
Change in Accounts Receivable	-5,217	-5,272	-4,145	-2,412	-4,909
Change in Accounts Payable	644	-413	-98	-1,341	685
Change in Other Net Operating Assets	-1,717	918	-470	366	-2,535
Other Operating Activities	1,692	2,466	1,572	2,089	1,995
Operating Cash Flow	1,923	3,242	1,632	4,620	132
Operating Cash Flow Growth	-40.69%	98.65%	-64.68%	3400.00%	-96.27%
Capital Expenditures	-339	-229	-715	-1,656	-2,998
Cash Acquisitions	-	-	-246	-	-2,415
Divestitures	1,050	-	82	-	-
Sale (Purchase) of Intangibles	-7,171	-5,608	-4,904	-5,698	-4,637
Investment in Securities	-22	102	1,034	-33	-274
Other Investing Activities	-62	-84	-	-22	-
Investing Cash Flow	-6,544	-5,819	-4,749	-7,409	-10,324
Long-Term Debt Issued	12,016	12,821	11,522	12,923	15,718
Long-Term Debt Repaid	-6,713	-9,211	-6,535	-8,218	-5,274
Net Debt Issued (Repaid)	5,303	3,610	4,987	4,705	10,444
Repurchase of Common Stock	-5	-	-39	-	-
Common Dividends Paid	-946	-937	-1,335	-938	-596
Other Financing Activities	992	186	150	279	829
Financing Cash Flow	5,344	2,859	3,763	4,046	10,677
Net Cash Flow	723	282	646	1,257	485
Free Cash Flow	1,584	3,013	917	2,964	-2,866
Free Cash Flow Growth	-47.43%	228.57%	-69.06%	-	-
Free Cash Flow Margin	3.01%	6.15%	2.07%	6.93%	-6.64%
Free Cash Flow Per Share	1.30	2.48	0.76	2.44	-2.36
Cash Interest Paid	34	29	27	26	15
Cash Income Tax Paid	355	355	465	60	574
Levered Free Cash Flow	-2,186	-316.5	-563.88	-92.13	-4,381
Unlevered Free Cash Flow	1,216	2,465	1,951	2,185	-2,921
Change in Working Capital	-6,290	-4,767	-4,713	-3,387	-6,759

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