Cenergy Holdings SA (EBR:CENER)

Cenergy Holdings Cash Flow Statement

Financials in millions EUR. Fiscal year is January - December.

Operating Activities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	193.53	139.4	72.96	60.42	22.08
Depreciation & Amortization	36.64	32.09	27.98	26.49	24.59
Other Amortization	3.37	3.1	2.41	1.89	1.85
Loss (Gain) From Sale of Assets	-0.04	-0.14	-0.06	-0.34	-0.01
Asset Writedown & Restructuring Costs	2.94	0.98	3.64	1.28	0.01
Loss (Gain) From Sale of Investments	0.33	0.59	3.59	-3.21	-
Loss (Gain) on Equity Investments	-2.94	-1.95	-0.84	-6.06	-1.86
Stock-Based Compensation	0.39	-	-	-	-
Provision & Write-off of Bad Debts	-0.07	-0.43	0.54	0.3	0.05
Other Operating Activities	9.59	23.33	13.52	1.84	6.13
Change in Accounts Receivable	-16.05	87.01	-87.31	-161.06	-52.61
Change in Inventory	-56.03	-56.43	64.77	-223.42	-70.71
Change in Accounts Payable	84.52	133.11	-39.31	121.3	173.36
Change in Unearned Revenue	2.17	-59.38	146.56	82.77	-4.19
Change in Other Net Operating Assets	0.76	0.25	0.17	0.55	13.82
Operating Cash Flow	259.09	301.54	208.61	-97.26	112.51
Operating Cash Flow Growth	-14.08%	44.55%	-	-	-29.05%

Investing Activities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-269.34	-248.07	-128.19	-70.55	-41.15
Sale of Property, Plant & Equipment	0.07	0.35	0.4	0.01	0.09
Cash Acquisitions	-0.01	-	-	-	-
Sale (Purchase) of Intangibles	-4.66	-5.37	-4.77	-3.08	-3.41
Sale (Purchase) of Real Estate	-	-	-	1.1	-
Investment in Securities	-0	0.72	0.76	0.43	-
Other Investing Activities	5.72	8.14	5.24	1.22	0.76
Investing Cash Flow	-268.22	-244.23	-126.56	-70.87	-43.72

Financing Activities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Long-Term Debt Issued	274.37	212.57	121.28	245.63	89.32
Long-Term Debt Repaid	-228.41	-183.07	-176.81	-39.83	-109.85
Net Debt Issued (Repaid)	45.96	29.51	-55.52	205.8	-20.54
Issuance of Common Stock	-	200	-	-	-
Repurchase of Common Stock	-	-1.13	-	-	-
Common Dividends Paid	-29.73	-15.21	-9.51	-	-
Other Financing Activities	0	-12.77	-	-	-
Financing Cash Flow	16.23	200.4	-65.03	205.8	-20.54

Net Cash Flow

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	-7.05	1.35	-0.78	-0.11	0.31
Miscellaneous Cash Flow Adjustments	-	-	-0	-	-
Net Cash Flow	0.05	259.06	16.24	37.55	48.57

Free Cash Flow

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	-10.25	53.47	80.42	-167.81	71.37
Free Cash Flow Growth	-	-33.51%	-	-	-22.67%
Free Cash Flow Margin	-0.50%	2.98%	4.94%	-11.77%	6.77%
Free Cash Flow Per Share	-0.05	0.27	0.42	-0.88	0.38
Levered Free Cash Flow	-84.31	-91.03	49.5	-177.65	-147.2
Unlevered Free Cash Flow	-52.27	-50.16	95.93	-155.8	-129.64

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	52.57	62.34	68.29	35.6	27.13
Cash Income Tax Paid	31.27	24.96	14.33	9.42	3.78
Change in Working Capital	15.37	104.56	84.88	-179.86	59.67

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 10, 2026

Data Sources Report a data error