BVMF:PABY11 Cash Flow Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	2011 - 2015
Period Ending	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	2011 - 2015
Net Income	0.74	-192.37	6.89	-4.08	7.79	Upgrade
Other Operating Activities	-0.53	192.42	-6.88	4.1	-7.85	Upgrade
Operating Cash Flow	0.21	0.05	0.02	0.02	-0.06	Upgrade
Operating Cash Flow Growth	309.62%	225.00%	-11.11%	-	-	Upgrade
Net Cash Flow	0.21	0.05	0.02	0.02	-0.06	Upgrade
Levered Free Cash Flow	0.15	-114.05	5.51	-1.86	-1.35	Upgrade
Unlevered Free Cash Flow	0.15	-114.05	5.51	-1.86	-1.35	Upgrade
Change in Net Working Capital	0.32	0.39	-1.21	-0.18	-0.16	Upgrade

Updated Feb 22, 2019. Source: S&P Global Market Intelligence. Standard template. Financial Sources.