Vinci Compass Investments Cash Flow Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	174.6	118.2	220.61	219.42	208.62	170.2
Depreciation & Amortization	43.67	24.23	18.14	15.79	13.73	13.23
Other Amortization	10.69	4.48	1.64	-	-	-
Loss (Gain) From Sale of Investments	-27.93	-92.06	-97.7	-86.05	-24.79	-8.25
Loss (Gain) on Equity Investments	4.09	1.5	-	-	-	-
Stock-Based Compensation	26.62	22.48	14.97	14.28	3.67	-
Provision & Write-off of Bad Debts	0.01	0.01	-	-0	0.02	0.06
Other Operating Activities	60.57	216.87	26.02	-0.28	4.1	24.05
Change in Accounts Receivable	-17.92	-18.16	-43.19	-10.06	11.82	-0.81
Change in Accounts Payable	-5.1	-3.37	0.62	0.39	-0.21	0.71
Change in Income Taxes	-11.4	-3.96	1.37	-3.09	-0.89	-5.23
Change in Other Net Operating Assets	-59.15	-60.44	-13.24	-32.48	72.62	1.37
Operating Cash Flow	200.17	209.77	129.25	117.9	288.69	195.33
Operating Cash Flow Growth	-27.64%	62.30%	9.62%	-59.16%	47.80%	47.59%
Capital Expenditures	-37.7	-19.32	-36.74	-6.48	-3.09	-2.02
Cash Acquisitions	-218.35	-223.07	-	-79.5	-	-1.18
Investment in Securities	139.36	10.25	259.7	217.82	-1,317	78.51
Investing Cash Flow	-114.24	-232.14	222.96	131.84	-1,320	75.31
Long-Term Debt Issued	-	-	-	79.03	-	-
Long-Term Debt Repaid	-	-87.77	-31.93	-22.85	-18.53	-16.5
Net Debt Issued (Repaid)	-52.72	-87.77	-31.93	56.18	-18.53	-16.5
Issuance of Common Stock	-	-	471.84	-	1,319	0.14
Repurchase of Common Stock	-85.48	-90.29	-62.77	-63.35	-50.83	-
Common Dividends Paid	-210.48	-203.24	-190.14	-211.32	-255.96	-176.29
Other Financing Activities	-52.87	-47.93	-11.98	2.99	53.95	-0.9
Financing Cash Flow	-401.56	-429.23	175.02	-215.51	1,048	-193.55
Foreign Exchange Rate Adjustments	-2.85	14.59	-3.51	-0.22	2.38	2.46
Net Cash Flow	-318.47	-437	523.72	34.01	19.12	79.55
Free Cash Flow	162.47	190.45	92.51	111.42	285.6	193.31
Free Cash Flow Growth	-35.99%	105.88%	-16.98%	-60.99%	47.74%	48.01%
Free Cash Flow Margin	16.87%	31.70%	20.36%	27.30%	61.36%	56.87%
Free Cash Flow Per Share	2.48	3.35	1.67	1.95	5.16	22.26
Cash Interest Paid	52.87	47.93	11.98	-	-	-
Cash Income Tax Paid	51.84	53.73	54.88	53.48	57.22	30.24
Levered Free Cash Flow	91	64.69	69.33	77.35	121.89	246.48
Unlevered Free Cash Flow	137.86	108.54	90.3	86.83	129.75	254.23
Change in Working Capital	-92.14	-85.93	-54.43	-45.25	83.35	-3.96

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