Domínguez & Cía. Cash Flow Statement

Financials in millions VEF. Fiscal year is December - November.

Millions VEF. Fiscal year is Dec - Nov.

Fiscal Year	FY 2014	FY 2013	FY 2012	FY 2011	FY 2010
Period Ending	Nov '14 Nov 30, 2014	Nov '13 Nov 30, 2013	Nov '12 Nov 30, 2012	Nov '11 Nov 30, 2011	Nov '10 Nov 30, 2010
Net Income	42.87	41.73	70.1	60.46	73.72
Depreciation & Amortization	101.2	99.2	68.52	68.6	23.17
Loss (Gain) From Sale of Assets	3.59	1.01	2.36	-	-
Loss (Gain) From Sale of Investments	-3.03	10.02	-0.32	3.02	13.56
Other Operating Activities	336.63	237.6	114.62	136.55	44.17
Change in Accounts Receivable	-232.13	75.96	-56.16	-37.97	-15.29
Change in Inventory	-87.16	35.9	16.03	46.64	-8.37
Change in Accounts Payable	73.14	-41.22	74.98	6.42	-7.84
Change in Income Taxes	-	-	-41.42	-	-
Change in Other Net Operating Assets	-138.35	-110.05	-23.85	-71.4	-23.02
Operating Cash Flow	96.74	279.74	268.35	215.16	33.51
Operating Cash Flow Growth	-65.42%	4.25%	24.72%	542.09%	-15.56%
Capital Expenditures	-4.34	-36.98	-51.46	-4.84	-11.26
Investment in Securities	5.77	78.33	-80.85	-27.66	-30
Investing Cash Flow	1.43	41.36	-132.31	-32.5	-41.26
Long-Term Debt Issued	19.96	-	158.41	-	38.58
Total Debt Issued	19.96	-	158.41	-	38.58
Long-Term Debt Repaid	-81.79	-162.68	-	-205.28	-5
Total Debt Repaid	-81.79	-162.68	-	-205.28	-5
Net Debt Issued (Repaid)	-61.83	-162.68	158.41	-205.28	33.58
Common Dividends Paid	-36.42	-29.12	-108.71	-60.65	-36.09
Other Financing Activities	0.06	13.26	-97.36	86.66	-11.83
Financing Cash Flow	-98.2	-178.54	-47.66	-179.28	-14.35
Miscellaneous Cash Flow Adjustments	-98.58	-83.8	-22.9	-8.85	-
Net Cash Flow	-98.61	58.76	65.47	-5.47	-22.1
Free Cash Flow	92.4	242.77	216.88	210.32	22.25
Free Cash Flow Growth	-61.94%	11.93%	3.12%	845.46%	25.37%
Free Cash Flow Margin	5.01%	14.78%	21.62%	27.08%	4.53%
Free Cash Flow Per Share	1.92	5.03	4.50	4.37	0.46
Levered Free Cash Flow	73.06	-74.82	-1.92	144.8	50.75
Unlevered Free Cash Flow	95.33	-57.83	6.39	161.09	68.23
Change in Working Capital	-384.51	-109.81	13.08	-53.48	-121.11

Updated Jan 25, 2013. Source: S&P Global Market Intelligence. Standard template. Financial Sources.