BVMF:PLPL3 Cash Flow Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	316.24	343.82	268.55	133.68	135.09	132.2
Depreciation & Amortization	18.58	16.65	15.95	22.31	20.96	15.95
Other Amortization	2.16	2.16	1.08	-	-	-
Loss (Gain) on Equity Investments	2.96	2.12	0.47	0.46	0	-
Stock-Based Compensation	1.09	2.12	2.14	2.08	0.87	-
Provision & Write-off of Bad Debts	23.89	5.87	23.68	12.78	1.8	-0.02
Other Operating Activities	238.14	198.87	148.01	78.5	34.29	26.34
Change in Accounts Receivable	-367.5	-295.69	-282.71	-191.07	-54.24	-69.83
Change in Accounts Payable	4.02	25.92	-1.81	7.52	15.33	3.26
Change in Unearned Revenue	3.01	-7.51	84.32	0.56	-0.52	-9.04
Change in Income Taxes	-56.15	-53.65	-38.03	-34.7	-25.53	-18.49
Change in Other Net Operating Assets	-227.25	49.07	93.01	36.51	-53.46	-79.64
Operating Cash Flow	-48.83	289.75	314.66	68.61	74.58	0.74
Operating Cash Flow Growth	-	-7.92%	358.59%	-8.00%	9991.75%	-98.60%
Capital Expenditures	-29.45	-34.96	-18.31	-26.61	-24.84	-11.74
Cash Acquisitions	-3.04	-2.82	-	-0.13	-0.01	-
Investment in Securities	46.17	45.51	-27.51	4.69	-93.03	-
Other Investing Activities	-28.32	11.19	21.86	-	-	-
Investing Cash Flow	-14.65	18.92	-23.96	-22.04	-117.89	-11.74
Long-Term Debt Issued	-	794.48	603.13	696.63	547.34	440.42
Long-Term Debt Repaid	-	-567.35	-804.14	-646.2	-459.74	-417.13
Net Debt Issued (Repaid)	439.1	227.13	-201.01	50.42	87.6	23.29
Issuance of Common Stock	30.84	4.27	-	-	-	40.01
Repurchase of Common Stock	-	-	-	-11.01	-8.18	-
Common Dividends Paid	-208.88	-118.48	-31.75	-32.08	-40	-
Other Financing Activities	137.93	-	-	-	-	-7
Financing Cash Flow	398.99	112.92	-232.76	7.33	39.42	56.3
Net Cash Flow	335.51	421.59	57.95	53.9	-3.89	45.3
Free Cash Flow	-78.29	254.79	296.35	42.01	49.74	-11
Free Cash Flow Growth	-	-14.03%	605.45%	-15.54%	-	-
Free Cash Flow Margin	-2.72%	9.84%	14.30%	2.81%	3.91%	-1.22%
Free Cash Flow Per Share	-0.39	1.24	1.44	0.21	0.24	-0.06
Cash Income Tax Paid	78.65	54.03	37.71	29.64	24.63	18.82
Levered Free Cash Flow	-351.03	248.66	187.07	-33.06	-118.69	-61.74
Unlevered Free Cash Flow	-317.59	256.39	200.46	-20.49	-114.05	-58.8
Change in Working Capital	-643.87	-281.86	-145.22	-181.19	-118.42	-173.74

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