BVMF:REDE3 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	1,416	1,476	1,658	1,486	1,367	909.87
Depreciation & Amortization	881.63	830.06	745.78	688.47	635.33	640.08
Other Amortization	82.14	46.01	35.6	-	-	-
Loss (Gain) on Sale of Assets	158.21	121.88	150.92	83.05	106.07	76.76
Stock-Based Compensation	3.65	0.04	2.71	2.79	2.64	3.83
Change in Accounts Receivable	1,250	1,342	-1,080	-335.23	-628.17	-764.35
Change in Inventory	-11.18	-5.78	2.99	-8.93	-0.4	6.65
Change in Accounts Payable	225.41	-26.84	171.88	-375.82	168.43	274.38
Change in Income Taxes	-1,270	-955.47	775.58	45.59	-255.46	309.98
Change in Other Net Operating Assets	-1,560	-962.87	-580.97	131.88	-1,674	-143.82
Other Operating Activities	2,531	2,347	2,646	2,214	1,695	1,703
Operating Cash Flow	3,451	4,014	4,232	3,818	1,039	3,244
Operating Cash Flow Growth	-24.36%	-5.15%	10.84%	267.61%	-67.98%	79.29%
Capital Expenditures	-3,424	-2,913	-1,978	-2,014	-1,366	-879.87
Sale of Property, Plant & Equipment	25.24	15.3	97.74	62.39	91.84	69.21
Investment in Securities	-122.17	-705.19	-395.69	-351.94	2,116	-2,374
Other Investing Activities	-	-	-	-	-34.97	-
Investing Cash Flow	-3,521	-3,603	-2,276	-2,304	806.5	-3,185
Long-Term Debt Issued	-	7,632	3,314	3,051	2,823	2,426
Long-Term Debt Repaid	-	-4,875	-2,085	-1,951	-2,347	-1,903
Net Debt Issued (Repaid)	3,340	2,757	1,229	1,099	476.02	523.13
Common Dividends Paid	-1,878	-1,535	-1,893	-1,453	-2,583	-231.21
Other Financing Activities	-1,575	-1,784	-1,259	-1,093	-211.77	157.76
Financing Cash Flow	-112.56	-561.93	-1,923	-1,447	-2,319	449.67
Net Cash Flow	-181.73	-150.44	32.63	67.73	-473.93	509.45
Free Cash Flow	27.77	1,101	2,254	1,804	-327.82	2,364
Free Cash Flow Growth	-98.63%	-51.14%	24.94%	-	-	570.79%
Free Cash Flow Margin	0.14%	6.16%	13.97%	11.93%	-2.14%	20.93%
Free Cash Flow Per Share	0.01	0.52	1.07	0.85	-0.16	1.12
Cash Interest Paid	1,293	1,195	922.71	668.36	383.54	316.06
Cash Income Tax Paid	496.06	401.37	441.33	508.52	450.02	13.24
Levered Free Cash Flow	-720.79	-327.09	844.87	358.26	-1,092	1,304
Unlevered Free Cash Flow	200.59	406.55	1,507	1,414	-181.91	1,692
Change in Working Capital	-1,365	-608.85	-710.18	-542.52	-2,389	-317.17

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.