Prio S.A. 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	2,251	10,302	5,180	3,427	1,333
Depreciation & Amortization	5,856	2,494	2,055	854.26	881.27
Loss (Gain) From Sale of Assets	-	-	-31.85	-	-
Stock-Based Compensation	70.76	70.87	90	36.01	27.53
Other Operating Activities	-777.76	-3,182	2,454	274.24	635.12
Change in Accounts Receivable	-872.44	1,321	-1,460	731.81	-503.58
Change in Inventory	-17.1	-811	257.63	-237.64	-87.88
Change in Accounts Payable	1,719	220.98	-79.94	396.79	63.67
Change in Income Taxes	-451.62	-1,002	-734.16	-574.69	-205.52
Change in Other Net Operating Assets	393.11	255.83	10.25	19.33	40.09
Operating Cash Flow	8,172	9,669	7,740	4,927	2,184
Operating Cash Flow Growth	-15.49%	24.92%	57.09%	125.63%	35.00%
Capital Expenditures	-17,195	-14,802	-13,323	-3,731	-943.66
Sale of Property, Plant & Equipment	-	-	78.88	-	-
Sale (Purchase) of Intangibles	-	-12.76	-0.4	-0.86	-368.95
Investment in Securities	-	-	-	3,554	-3,461
Other Investing Activities	-4.51	-	-	1.24	30.69
Investing Cash Flow	-17,200	-14,814	-13,245	-175.96	-4,743
Long-Term Debt Issued	14,629	10,238	1,711	4,387	4,191
Long-Term Debt Repaid	-4,517	-2,623	-1,395	-65.66	-3,112
Net Debt Issued (Repaid)	10,111	7,615	316.56	4,321	1,079
Issuance of Common Stock	99	58.6	33.12	16.59	2,063
Repurchase of Common Stock	-442.82	-945.08	-530.64	-18.63	-0.67
Common Dividends Paid	-	-	-60.62	-	-
Other Financing Activities	-894.29	-897.71	-675.52	-309.2	-513.65
Financing Cash Flow	8,873	5,831	-917.1	4,010	2,627
Foreign Exchange Rate Adjustments	-	-	-	-118.83	93.56
Miscellaneous Cash Flow Adjustments	-444.91	971.98	-855.99	-	-
Net Cash Flow	-599.58	1,658	-7,278	8,642	161.41
Free Cash Flow	-9,023	-5,132	-5,583	1,196	1,240
Free Cash Flow Growth	-	-	-	-3.52%	45.73%
Free Cash Flow Margin	-57.90%	-35.74%	-46.90%	18.80%	28.21%
Free Cash Flow Per Share	-11.10	-6.12	-6.59	1.41	1.49
Cash Interest Paid	-	916.41	675.52	287.1	312.57
Levered Free Cash Flow	-13,462	-8,756	-8,018	-269.45	932.12
Unlevered Free Cash Flow	-12,044	-8,085	-7,598	-20.47	1,097
Change in Working Capital	771.17	-15.23	-2,006	335.58	-693.22

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.