BVMF:PEAB4 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	33.71	41.04	12.14	40.58	135.15
Depreciation & Amortization	14.42	9.83	4.73	4.22	3.31
Other Amortization	3.14	2.06	0.03	5.4	0.09
Loss (Gain) From Sale of Assets	-7.83	-7.9	-	-	-
Loss (Gain) From Sale of Investments	1.46	2.36	0.19	-41.05	-166.46
Loss (Gain) on Equity Investments	-55.73	-44.92	0.35	-	-9.45
Provision & Write-off of Bad Debts	-0.11	-	-	0.28	0.26
Other Operating Activities	-16.78	-24.61	-20.03	-20.79	-83.34
Change in Accounts Receivable	4.81	-2.41	-1.58	-4.38	-0.04
Change in Inventory	-	-	-	-0.06	4.71
Change in Accounts Payable	-0.06	-1.6	0.54	-0.12	0.34
Change in Income Taxes	1.97	1.83	4.84	0.14	-0.12
Change in Other Net Operating Assets	-1.01	3.99	13.62	-0.92	-1.61
Operating Cash Flow	-22.01	-20.32	14.83	-16.71	-117.16
Capital Expenditures	-32.7	-24.58	-14.9	-15.57	-24.85
Sale of Property, Plant & Equipment	12.91	8.95	-	6.49	-
Sale (Purchase) of Intangibles	-19.65	-9.92	-0.25	-0.86	-
Sale (Purchase) of Real Estate	-1.06	-94.05	-61.82	-119.62	-88.45
Investment in Securities	29.3	121.65	4.94	121.89	164.56
Other Investing Activities	17.8	43.78	6.36	-0	-
Investing Cash Flow	6.59	45.83	-65.67	-7.67	51.26
Long-Term Debt Issued	52.64	1.49	58.38	55	21.88
Long-Term Debt Repaid	-14.09	-3.02	-2.83	-25.09	-
Net Debt Issued (Repaid)	38.55	-1.53	55.55	29.91	21.88
Repurchase of Common Stock	-	-0.16	-	-	-
Common Dividends Paid	-16.22	-23.5	-4.09	-23.49	-151.25
Financing Cash Flow	22.33	-25.18	51.46	6.42	-129.37
Net Cash Flow	6.91	0.33	0.62	-17.96	-195.27
Free Cash Flow	-54.71	-44.9	-0.07	-32.29	-142.01
Free Cash Flow Margin	-46.66%	-51.22%	-0.15%	-75.68%	-473.61%
Free Cash Flow Per Share	-3.02	-2.38	-0.01	-2.51	-11.05
Cash Interest Paid	18.97	11.34	11.52	4.34	1.01
Cash Income Tax Paid	5.92	5.6	4.76	10.64	116.97
Levered Free Cash Flow	-54.01	-58.22	14.19	-29.62	-49.42
Unlevered Free Cash Flow	-37.97	-47.01	23.2	-30.64	-42.31
Change in Working Capital	5.71	1.82	17.42	-5.36	3.28

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