ALPEK Cash Flow Statement

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

Millions MXN. 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	-	-765	-10,914	13,744	7,756
Depreciation & Amortization	-	4,728	4,587	4,602	4,197
Other Amortization	-	39	32	37	83
Loss (Gain) From Sale of Assets	-	-27	66	74	29
Asset Writedown & Restructuring Costs	-	1,791	11,078	246	1,460
Provision & Write-off of Bad Debts	-	-17	-101	-163	25
Other Operating Activities	-	2,827	1,464	5,048	7,385
Change in Accounts Receivable	-	2,910	-2,107	365	-8,159
Change in Inventory	-	-2,482	6,623	-5,525	-8,994
Change in Accounts Payable	-	-2,746	4,296	-3,218	9,448
Operating Cash Flow	-	6,258	15,024	15,210	13,230
Operating Cash Flow Growth	-	-58.35%	-1.22%	14.97%	10.86%
Capital Expenditures	-	-2,016	-2,501	-3,068	-4,418
Sale of Property, Plant & Equipment	-	61	13	93	5
Cash Acquisitions	-	1	-512	-10,198	78
Sale (Purchase) of Intangibles	-	-18	-40	-11	-18
Investment in Securities	-	-250	-1,925	-831	-227
Other Investing Activities	-	516	1,645	1,107	720
Investing Cash Flow	-	-1,706	-3,320	-12,908	-3,860
Long-Term Debt Issued	-	16,470	36,732	15,600	13,038
Total Debt Issued	-	16,470	36,732	15,600	13,038
Short-Term Debt Repaid	-	-	-	-118	-46
Long-Term Debt Repaid	-	-17,235	-38,274	-8,583	-13,757
Total Debt Repaid	-	-17,235	-38,274	-8,701	-13,803
Net Debt Issued (Repaid)	-	-765	-1,542	6,899	-765
Issuance of Common Stock	-	139	212	180	236
Repurchase of Common Stock	-	-140	-222	-246	-292
Common Dividends Paid	-	-2,537	-2,966	-7,443	-3,710
Other Financing Activities	-	-3,371	-4,014	-5,005	-4,455
Financing Cash Flow	-	-6,674	-8,532	-5,615	-8,986
Foreign Exchange Rate Adjustments	-	947	-2,100	-909	13
Net Cash Flow	-	-1,175	1,072	-4,222	397
Free Cash Flow	-	4,242	12,523	12,142	8,812
Free Cash Flow Growth	-	-66.13%	3.14%	37.79%	-6.17%
Free Cash Flow Margin	-	3.09%	9.06%	5.72%	5.64%
Free Cash Flow Per Share	-	2.01	5.94	5.76	4.17
Cash Interest Paid	-	2,595	3,059	2,541	2,566
Cash Income Tax Paid	-	1,372	4,398	5,721	2,394
Levered Free Cash Flow	-	3,529	13,062	11,778	6,356
Unlevered Free Cash Flow	-	4,936	14,535	13,040	7,949
Change in Working Capital	-	-2,318	8,812	-8,378	-7,705

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