SIMPAR 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	39.47	-198.16	-495.22	482.08	822.26
Depreciation & Amortization	4,822	3,919	3,025	1,896	1,029
Other Amortization	61.54	57.69	51.92	-	30.06
Asset Writedown & Restructuring Costs	1,133	526.87	1,316	334.99	172.66
Loss (Gain) From Sale of Investments	-927.51	-	-	-	-
Loss (Gain) on Equity Investments	-12.56	-8.07	-5.33	-2.81	1.53
Stock-Based Compensation	-	-	-	-	16.75
Other Operating Activities	-5,392	-6,718	-2,954	-7,651	-15,809
Change in Accounts Receivable	-1,995	-1,181	-928.6	-1,177	-940.1
Change in Inventory	854.69	-283.15	-1,071	-715.87	-268.15
Change in Accounts Payable	467.05	1,008	-100.98	225.63	-40.71
Change in Other Net Operating Assets	167.35	-683.55	-218.47	-233.93	272.21
Operating Cash Flow	-781.55	-3,560	-1,380	-6,843	-14,714
Capital Expenditures	-1,163	-1,483	-988.31	-660.86	-310.51
Cash Acquisitions	-	-47.63	-275.13	-1,134	175.57
Divestitures	769.38	-	-	-	-
Investment in Securities	-	-	-	-	-15.06
Other Investing Activities	-	2	-	-	-302.02
Investing Cash Flow	-393.26	-1,529	-1,263	-1,795	-452.02
Long-Term Debt Issued	14,195	15,563	9,909	9,851	21,562
Long-Term Debt Repaid	-11,660	-7,703	-6,873	-1,626	-7,125
Net Debt Issued (Repaid)	2,534	7,861	3,037	8,225	14,436
Issuance of Common Stock	4.93	12.67	-	7.13	8.23
Repurchase of Common Stock	-93.3	-43.87	-155.71	-16.69	-290.03
Common Dividends Paid	-229.05	-157.18	-481.56	-415.18	-226.57
Other Financing Activities	83.88	-2,025	-128.03	1,526	1,858
Financing Cash Flow	2,301	5,647	2,271	9,326	15,785
Net Cash Flow	1,126	558.38	-372.55	688.64	619.78
Free Cash Flow	-1,944	-5,043	-2,369	-7,503	-15,024
Free Cash Flow Margin	-4.47%	-12.38%	-7.44%	-31.16%	-108.35%
Free Cash Flow Per Share	-4.50	-11.73	-5.73	-17.92	-36.85
Cash Interest Paid	6,421	5,396	4,554	3,126	1,540
Cash Income Tax Paid	411.15	288.1	481.92	464.81	173.59
Levered Free Cash Flow	159.84	1,768	829.75	1,239	1,824
Unlevered Free Cash Flow	9,129	5,648	3,983	4,588	3,014
Change in Working Capital	-506.07	-1,140	-2,319	-1,901	-976.75

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