FRA:CIDA 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	4,019	7,117	5,764	4,092	3,751	2,864
Depreciation & Amortization	1,474	1,376	1,274	1,182	1,049	989.05
Other Amortization	25.26	18.75	13.91	7.42	20.46	15.11
Loss (Gain) on Sale of Assets	-	-42.99	-	-	-	-
Loss (Gain) on Sale of Investments	-1,321	-2,823	-1,565	-1,297	-1,418	-800.97
Loss (Gain) on Equity Investments	-193.09	-223.71	-432.49	-842.54	-182.08	-356.7
Asset Writedown	107.82	83.44	97.46	73.63	46.96	26.79
Change in Accounts Receivable	-613.5	-553.04	-838.95	-440.19	-90.38	-78.42
Change in Accounts Payable	138	-65.13	184.65	148.71	324.86	278.38
Change in Income Taxes	-760.47	289.66	784.62	606.42	2,324	1,291
Change in Other Net Operating Assets	1,595	1,132	1,523	3,461	659.84	4,152
Other Operating Activities	-373.71	-987.64	-336.08	-556.75	-2,802	44.18
Operating Cash Flow	4,284	5,497	6,644	6,544	3,683	8,609
Operating Cash Flow Growth	-34.68%	-17.27%	1.53%	77.68%	-57.22%	322.65%
Capital Expenditures	-640.48	-671.29	-1,076	-173.41	-182.52	-132.71
Sale of Property, Plant & Equipment	-	100.89	-	-	-	-
Cash Acquisitions	-	-	-	-	0.16	27.11
Sale (Purchase) of Intangibles	-5,494	-4,687	-3,866	-3,232	-1,849	-1,405
Investment in Securities	2,270	3,085	1,755	267.53	3,358	-3,489
Other Investing Activities	-66.92	-204.59	-780.35	-	44.48	-77.84
Investing Cash Flow	-3,931	-2,377	-3,967	-3,137	1,371	-5,077
Long-Term Debt Issued	-	4,582	1,988	1,981	13.41	825.56
Long-Term Debt Repaid	-	-3,047	-2,745	-2,679	-4,507	-2,615
Net Debt Issued (Repaid)	531.45	1,535	-757.19	-697.63	-4,493	-1,789
Common Dividends Paid	-3,093	-4,294	-1,823	-2,094	-1,416	-598.14
Financing Cash Flow	-2,561	-2,759	-2,580	-2,792	-5,910	-2,387
Net Cash Flow	-2,209	360.74	96.82	615.45	-855.19	1,145
Free Cash Flow	3,643	4,826	5,568	6,371	3,501	8,476
Free Cash Flow Growth	-36.37%	-13.34%	-12.60%	81.98%	-58.70%	331.03%
Free Cash Flow Margin	8.59%	12.12%	15.11%	18.49%	10.41%	33.60%
Free Cash Flow Per Share	1.27	1.69	1.95	2.23	1.22	2.96
Cash Interest Paid	1,396	962.18	1,031	1,014	1,593	1,085
Cash Income Tax Paid	1,417	1,136	600.84	704.17	500.41	240.34
Levered Free Cash Flow	-2,693	487.49	1,081	43.83	1,689	2,815
Unlevered Free Cash Flow	-1,853	1,099	1,709	1,953	3,604	3,546
Change in Working Capital	358.65	803.61	1,654	3,776	3,218	5,643

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