BVMF:SOND5 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	35.74	14.63	11.87	14.34	13.79
Depreciation & Amortization	2.23	2	1.88	2	1.71
Other Amortization	3.48	3.05	1.61	-	-
Loss (Gain) From Sale of Investments	-5.12	-1.69	2.42	-4.49	-2.76
Loss (Gain) on Equity Investments	-0	-0.05	-	-	-
Provision & Write-off of Bad Debts	0.86	-1.68	0.33	3.43	-0.94
Other Operating Activities	11.55	4.4	4.62	-68.86	2.24
Change in Accounts Receivable	-6.34	-1.31	0.6	-10.63	-3.57
Change in Accounts Payable	2.04	0.48	-0.48	1.14	-0.06
Change in Income Taxes	-6.41	-5.13	-6.64	73.46	0.63
Change in Other Net Operating Assets	-3.03	5.68	-1.59	0.75	1.65
Operating Cash Flow	35.01	20.37	14.63	23.97	20.53
Operating Cash Flow Growth	71.84%	39.31%	-38.99%	16.75%	95.18%
Capital Expenditures	-1.87	-1.91	-2.42	-0.44	-0.55
Sale (Purchase) of Intangibles	-5.15	-3.16	-1.96	-	-
Investment in Securities	-5.75	2.61	-0.05	-3.34	2.69
Other Investing Activities	-0.2	-3.62	-	-1.53	-0.75
Investing Cash Flow	-12.97	-6.08	-4.43	-5.32	1.39
Long-Term Debt Issued	0.89	3.19	-	-	-
Total Debt Issued	0.89	3.19	-	-	-
Long-Term Debt Repaid	-1.44	-1.26	-1.25	-1.23	-1.52
Total Debt Repaid	-1.44	-1.26	-1.25	-1.23	-1.52
Net Debt Issued (Repaid)	-0.55	1.92	-1.25	-1.23	-1.52
Common Dividends Paid	-17.79	-11.96	-10.49	-15.6	-19.72
Other Financing Activities	-0.29	-0.16	-	-	-
Financing Cash Flow	-18.63	-10.19	-11.74	-16.83	-21.25
Net Cash Flow	3.41	4.1	-1.54	1.83	0.68
Free Cash Flow	33.14	18.47	12.21	23.53	19.98
Free Cash Flow Growth	79.48%	51.29%	-48.13%	17.77%	98.44%
Free Cash Flow Margin	14.64%	9.33%	7.49%	16.59%	24.33%
Free Cash Flow Per Share	13.63	7.60	5.02	9.68	8.22
Cash Interest Paid	0.29	0.16	-	-	-
Cash Income Tax Paid	4	3.65	5.58	83.7	1.47
Levered Free Cash Flow	42.47	16.26	9.23	8.46	7.11
Unlevered Free Cash Flow	43.02	16.96	9.66	8.89	8.71
Change in Working Capital	-13.74	-0.28	-8.11	77.55	6.49

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