BVMF:PLPL3 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	362.01	343.82	268.55	133.68	135.09
Depreciation & Amortization	20.7	16.65	15.95	22.31	20.96
Other Amortization	2.09	2.16	1.08	-	-
Loss (Gain) From Sale of Investments	-10.77	26.93	-	-	-
Loss (Gain) on Equity Investments	1.08	2.12	0.47	0.46	0
Stock-Based Compensation	1.05	2.12	2.14	2.08	0.87
Provision & Write-off of Bad Debts	33.3	5.87	23.68	12.78	1.8
Other Operating Activities	276.57	171.94	148.01	78.5	34.29
Change in Accounts Receivable	-686.38	-295.69	-282.71	-191.07	-54.24
Change in Accounts Payable	23	25.92	-1.81	7.52	15.33
Change in Unearned Revenue	31.74	-7.51	84.32	0.56	-0.52
Change in Income Taxes	-62.67	-53.65	-38.03	-34.7	-25.53
Change in Other Net Operating Assets	-67.85	49.07	93.01	36.51	-53.46
Operating Cash Flow	-76.13	289.75	314.66	68.61	74.58
Operating Cash Flow Growth	-	-7.92%	358.59%	-8.00%	9991.75%
Capital Expenditures	-26.81	-34.96	-18.31	-26.61	-24.84
Cash Acquisitions	-0.23	-2.82	-	-0.13	-0.01
Investment in Securities	0.64	-0.02	-27.51	4.69	-93.03
Other Investing Activities	38.44	56.71	21.86	-	-
Investing Cash Flow	12.05	18.92	-23.96	-22.04	-117.89
Long-Term Debt Issued	787.82	794.48	603.13	696.63	547.34
Long-Term Debt Repaid	-452.74	-567.35	-804.14	-646.2	-459.74
Net Debt Issued (Repaid)	335.09	227.13	-201.01	50.42	87.6
Issuance of Common Stock	28.99	4.27	-	-	-
Repurchase of Common Stock	-	-	-	-11.01	-8.18
Common Dividends Paid	-200	-118.48	-31.75	-32.08	-40
Other Financing Activities	259.69	-	-	-	-
Financing Cash Flow	423.77	112.92	-232.76	7.33	39.42
Net Cash Flow	359.69	421.59	57.95	53.9	-3.89
Free Cash Flow	-102.94	254.79	296.35	42.01	49.74
Free Cash Flow Growth	-	-14.03%	605.45%	-15.54%	-
Free Cash Flow Margin	-3.14%	9.84%	14.30%	2.81%	3.91%
Free Cash Flow Per Share	-0.51	1.24	1.44	0.21	0.24
Cash Income Tax Paid	52.06	54.03	37.71	29.64	24.63
Levered Free Cash Flow	-60.8	237.89	187.07	-33.06	-118.69
Unlevered Free Cash Flow	-9.16	253.99	200.46	-20.49	-114.05
Change in Working Capital	-762.16	-281.86	-145.22	-181.19	-118.42

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