BVMF:P2CF34 Cash Flow Statement

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

Millions MXN. 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	10,001	8,612	9,543	9,013	5,997
Depreciation & Amortization	3,752	3,061	2,546	2,313	2,051
Loss (Gain) From Sale of Assets	-3.81	21.01	-0.67	14.23	-3.49
Provision & Write-off of Bad Debts	12.14	24.71	29.4	41.44	15.49
Other Operating Activities	3,981	4,863	1,913	1,032	2,461
Change in Accounts Receivable	-841.84	-432.96	50.84	-705.58	-464.4
Change in Accounts Payable	1,361	739.04	-213.27	-139.79	959.18
Change in Income Taxes	32.27	258.07	-517.02	624.66	-341.83
Change in Other Net Operating Assets	-42.88	-471.26	584.31	325.86	421.94
Operating Cash Flow	18,250	16,674	13,935	12,520	11,095
Operating Cash Flow Growth	9.45%	19.66%	11.30%	12.84%	211.10%
Capital Expenditures	-12,397	-7,845	-10,444	-8,431	-4,947
Sale of Property, Plant & Equipment	7.18	6.57	3.54	5.2	3.22
Cash Acquisitions	-19.26	-875.5	-614.79	-	-
Other Investing Activities	137.92	-71.07	-36.55	-56.48	-25.74
Investing Cash Flow	-12,271	-8,785	-11,092	-8,482	-4,969
Long-Term Debt Issued	18,610	14,307	9,115	14,630	10,779
Long-Term Debt Repaid	-14,025	-7,963	-2,262	-7,855	-7,454
Net Debt Issued (Repaid)	4,584	6,343	6,854	6,775	3,325
Repurchase of Common Stock	-	-7,003	-	-2,000	-9,015
Common Dividends Paid	-8,509	-	-7,498	-7,314	-
Other Financing Activities	-5,506	-4,360	-4,145	-2,387	-1,662
Financing Cash Flow	-9,431	-5,020	-4,790	-4,926	-7,352
Foreign Exchange Rate Adjustments	439.11	541.51	-369.19	-73.03	113.72
Miscellaneous Cash Flow Adjustments	-0	-	-	-	-
Net Cash Flow	-3,013	3,411	-2,316	-961.41	-1,112
Free Cash Flow	5,853	8,829	3,491	4,089	6,149
Free Cash Flow Growth	-33.71%	152.95%	-14.63%	-33.50%	1412.75%
Free Cash Flow Margin	17.99%	32.97%	13.72%	18.14%	39.30%
Free Cash Flow Per Share	11.58	17.47	6.91	8.04	11.84
Cash Interest Paid	4,947	4,220	4,009	2,233	1,662
Cash Income Tax Paid	4,745	3,475	4,502	4,357	1,017
Levered Free Cash Flow	9,626	3,948	-1,446	231.98	4,421
Unlevered Free Cash Flow	11,771	6,460	659.68	1,719	5,451
Change in Working Capital	508.34	92.9	-95.14	105.15	574.89

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