BVMF:REDE3 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	1,203	1,476	1,658	1,486	1,367
Depreciation & Amortization	947.82	830.06	781.38	688.47	635.33
Other Amortization	49.72	46.01	-	-	-
Loss (Gain) on Sale of Assets	199.53	121.88	150.92	83.05	106.07
Stock-Based Compensation	4.15	0.04	2.71	2.79	2.64
Change in Accounts Receivable	-212.17	1,342	-1,080	-335.23	-628.17
Change in Inventory	-7.23	-5.78	2.99	-8.93	-0.4
Change in Accounts Payable	217.76	-26.84	171.88	-375.82	168.43
Change in Income Taxes	-266.14	-1,175	697.73	45.59	-255.46
Change in Other Net Operating Assets	-1,290	-743.06	-503.12	131.88	-1,674
Other Operating Activities	2,942	2,347	2,646	2,214	1,695
Operating Cash Flow	3,592	4,014	4,232	3,818	1,039
Operating Cash Flow Growth	-10.53%	-5.15%	10.84%	267.61%	-67.98%
Capital Expenditures	-3,577	-2,913	-1,978	-2,014	-1,366
Sale of Property, Plant & Equipment	27.83	15.3	97.74	62.39	91.84
Investment in Securities	1,213	-705.19	-395.69	-351.94	2,116
Other Investing Activities	-	-	-	-	-34.97
Investing Cash Flow	-2,337	-3,603	-2,276	-2,304	806.5
Long-Term Debt Issued	5,208	7,632	3,314	3,051	2,823
Long-Term Debt Repaid	-2,352	-4,875	-2,085	-1,951	-2,347
Net Debt Issued (Repaid)	2,856	2,757	1,229	1,099	476.02
Common Dividends Paid	-1,866	-1,535	-1,893	-1,453	-2,583
Other Financing Activities	-2,118	-1,784	-1,259	-1,093	-211.77
Financing Cash Flow	-1,128	-561.93	-1,923	-1,447	-2,319
Net Cash Flow	127.28	-150.44	32.63	67.73	-473.93
Free Cash Flow	14.29	1,101	2,254	1,804	-327.82
Free Cash Flow Growth	-98.70%	-51.14%	24.94%	-	-
Free Cash Flow Margin	0.07%	6.16%	13.97%	11.93%	-2.14%
Free Cash Flow Per Share	0.01	0.52	1.07	0.85	-0.16
Cash Interest Paid	1,462	1,195	922.71	668.36	383.54
Cash Income Tax Paid	529.1	401.37	441.33	508.52	450.02
Levered Free Cash Flow	-1,671	-563.82	338.88	358.26	-1,092
Unlevered Free Cash Flow	-678.09	169.82	1,481	1,414	-181.91
Change in Working Capital	-1,558	-608.85	-710.18	-542.52	-2,389

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