ASRMF Cash Flow Statement

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

Millions MXN. 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	11,190	13,551	10,204	9,987	5,984	1,972
Depreciation & Amortization	2,787	2,323	2,069	2,059	1,993	1,935
Loss (Gain) From Sale of Assets	-	-	-	-	15.77	-
Loss (Gain) on Equity Investments	5.45	7.76	9.69	-	-	-
Other Operating Activities	235.75	-246.46	1,265	2,434	1,805	-237.96
Change in Accounts Receivable	1,166	-427.67	161.25	-1,016	-760.5	-452.64
Change in Accounts Payable	-1,312	923.93	-240.8	741.37	1,619	-152.62
Change in Income Taxes	-560.93	-560.93	-23.26	-686.75	-308.95	-126.73
Change in Other Net Operating Assets	1,466	-	-	-	-	-
Operating Cash Flow	14,977	15,571	13,445	13,518	10,347	2,937
Operating Cash Flow Growth	6.97%	15.81%	-0.54%	30.65%	252.28%	-65.45%
Capital Expenditures	-4,394	-4,394	-1,371	-2,776	-3,692	-3,329
Sale (Purchase) of Real Estate	-	-	-	-	286.28	-
Investment in Securities	281.26	281.26	-2,118	-	-	-10.56
Other Investing Activities	1,283	1,360	991.69	263.83	83.64	463.12
Investing Cash Flow	-3,682	-2,753	-2,449	-2,547	-3,428	-2,876
Long-Term Debt Issued	-	-	-	3,948	4,650	306.24
Long-Term Debt Repaid	-	-768.96	-1,681	-1,728	-4,657	-505.56
Net Debt Issued (Repaid)	9,232	-768.96	-1,681	2,220	-6.51	-199.32
Common Dividends Paid	-15,001	-3,278	-2,979	-2,709	-2,463	-
Other Financing Activities	-2,127	-1,872	-1,657	-3,841	-908.7	-942.99
Financing Cash Flow	-12,395	-8,918	-9,316	-6,130	-3,378	-1,142
Foreign Exchange Rate Adjustments	-1,124	2,311	-981.46	-436.06	36.18	81.12
Net Cash Flow	-2,224	6,211	697.91	4,405	3,577	-1,000
Free Cash Flow	10,583	11,177	12,074	10,743	6,655	-391.42
Free Cash Flow Growth	-16.22%	-7.43%	12.39%	61.43%	-	-
Free Cash Flow Margin	29.99%	35.67%	46.76%	42.44%	35.43%	-3.10%
Free Cash Flow Per Share	35.28	37.26	40.25	35.81	22.18	-1.30
Cash Interest Paid	1,193	938.16	1,067	1,080	908.7	942.99
Cash Income Tax Paid	6,251	4,491	3,765	2,277	869.41	1,540
Levered Free Cash Flow	10,257	8,811	9,467	6,192	4,389	-1,274
Unlevered Free Cash Flow	11,041	9,328	10,171	6,727	4,916	-694.63
Change in Working Capital	758.97	-64.67	-102.81	-961.76	549.65	-731.99

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