Rede D'Or São Luiz 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	4,688	3,847	2,041	1,195	1,575
Depreciation & Amortization	1,832	1,634	1,500	1,404	1,229
Loss (Gain) From Sale of Assets	-3.92	-3.92	-3.92	-3.92	-3.92
Asset Writedown & Restructuring Costs	-	-	15.15	-	-
Loss (Gain) on Equity Investments	-41.35	-48.86	5.67	-46.08	-79.34
Stock-Based Compensation	90.93	77.91	78.4	124.28	120.43
Provision & Write-off of Bad Debts	1,496	1,313	1,371	1,290	1,103
Other Operating Activities	-12,907	-9,761	-8,260	-851.8	-30.77
Change in Accounts Receivable	-2,385	-1,890	-2,414	-1,928	-3,283
Change in Inventory	-122.25	-199.47	102.79	-66.47	-99.6
Change in Accounts Payable	250.28	163.56	99.07	224.73	60.62
Change in Income Taxes	186.46	-65.96	-680.29	-143.12	-120.97
Change in Other Net Operating Assets	7,454	11,354	6,540	119.81	-342.62
Operating Cash Flow	538.37	6,420	395.91	1,318	128.27
Operating Cash Flow Growth	-91.62%	1521.67%	-69.97%	927.80%	-
Capital Expenditures	-2,991	-2,812	-2,470	-2,476	-2,127
Sale of Property, Plant & Equipment	-	-	-	-	23.04
Cash Acquisitions	0.13	-27.71	-	-232.07	-2,965
Sale (Purchase) of Intangibles	-296.06	-262.14	-251.31	-81.62	-163
Investment in Securities	501.45	226.05	4,466	-200.65	3,437
Other Investing Activities	74.67	19.29	6.47	21.53	142.71
Investing Cash Flow	-2,711	-2,856	1,750	-2,969	-1,652
Long-Term Debt Issued	12,616	9,519	6,003	5,086	7,070
Long-Term Debt Repaid	-5,582	-6,781	-4,490	-1,448	-4,063
Net Debt Issued (Repaid)	7,034	2,738	1,513	3,638	3,007
Issuance of Common Stock	-	-	-	-	1,742
Repurchase of Common Stock	-390.45	-927.34	-	-	-
Common Dividends Paid	-6,562	-1,381	-849.19	-696.43	-3,072
Other Financing Activities	-774.13	-690.31	-652.69	-305.03	-175.74
Financing Cash Flow	-692.49	-260.8	11.3	2,636	1,501
Net Cash Flow	-2,865	3,303	2,158	985.18	-22.26
Free Cash Flow	-2,453	3,609	-2,074	-1,158	-1,998
Free Cash Flow Margin	-4.40%	7.14%	-4.46%	-5.04%	-9.80%
Free Cash Flow Per Share	-1.11	1.63	-0.92	-0.51	-1.01
Cash Interest Paid	4,284	3,336	4,251	2,911	1,408
Cash Income Tax Paid	1,402	1,230	602.1	367.1	360.58
Levered Free Cash Flow	4,300	2,042	133.19	3,872	-2,168
Unlevered Free Cash Flow	7,604	4,609	2,633	5,963	-996.58
Change in Working Capital	5,383	9,363	3,648	-1,794	-3,786

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