Renova Energia 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	-162.23	-117.07	-9.24	777.12	30.69
Depreciation & Amortization	111.89	105.2	102.66	53.58	2.09
Other Amortization	0.07	0.07	0.07	0.07	0.01
Loss (Gain) on Sale of Assets	12.58	-119.18	-6.88	-233.82	-407.97
Loss (Gain) on Sale of Investments	-	-	-	-	7.94
Loss (Gain) on Equity Investments	-	-	-	-	-134.23
Asset Writedown	26.6	28.16	3.12	-818.77	10.18
Change in Accounts Receivable	-19.69	-15.87	-2.56	-22.63	-4.21
Change in Inventory	1.96	-0.67	-0.49	-0.74	-1.09
Change in Accounts Payable	26.54	-32.02	-46	-115.14	17.02
Change in Income Taxes	0.1	11.24	0.6	-3.71	0.56
Change in Other Net Operating Assets	-0.42	-0.54	-86.45	21.88	-5.75
Other Operating Activities	32.34	308.07	-8.06	108.65	336.99
Operating Cash Flow	30.5	149.54	3.74	-233.51	-147.78
Operating Cash Flow Growth	-79.61%	3898.32%	-	-	-
Capital Expenditures	-106.01	-44.47	-28.89	-237.03	-229.31
Sale of Property, Plant & Equipment	0.66	37.79	7.63	387.68	1,069
Investment in Securities	-19.85	8.24	2	15.24	8.87
Investing Cash Flow	-125.2	1.56	-19.26	165.89	848.8
Long-Term Debt Issued	-	-	-	-	362.47
Long-Term Debt Repaid	-13.79	-24.49	-30.72	-218.74	-727.07
Net Debt Issued (Repaid)	-13.79	-24.49	-30.72	-218.74	-364.6
Issuance of Common Stock	0	-	0.06	0.09	1.6
Other Financing Activities	-	-	-	-4.06	-14.71
Financing Cash Flow	-13.78	-24.49	-30.65	-222.71	-377.7
Net Cash Flow	-108.49	126.62	-46.17	-290.34	323.32
Free Cash Flow	-75.51	105.07	-25.15	-470.54	-377.08
Free Cash Flow Margin	-14.66%	40.53%	-11.04%	-227.97%	-401.96%
Free Cash Flow Per Share	-0.20	0.28	-0.32	-6.06	-10.13
Cash Interest Paid	81.47	19.08	21.48	127.82	98.76
Cash Income Tax Paid	7.21	9.59	8.53	4.38	2.11
Levered Free Cash Flow	-250.44	-34.28	16.44	-192.7	235.28
Unlevered Free Cash Flow	-173.89	40.56	104.54	-56.38	373.15
Change in Working Capital	9.25	-55.71	-77.93	-120.34	6.54

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