Grupo TMM, S.A.B. 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	341.3	114.49	20.19	3.54	-242.57
Depreciation & Amortization	108.5	98.98	130.82	104.14	116.83
Other Amortization	-	3.66	3.04	2.66	0.58
Loss (Gain) From Sale of Assets	-	-10.04	-3.68	57.8	132.96
Other Operating Activities	-19.2	77.35	32.77	24.61	36.8
Change in Accounts Receivable	-	-389.09	132.11	-45.8	-256.72
Change in Inventory	-	-13.61	7.76	11.27	-8.68
Change in Accounts Payable	-	209	-248.79	34.18	129.45
Change in Other Net Operating Assets	165.3	149.84	14.77	20.46	13.24
Operating Cash Flow	595.9	240.57	88.98	212.86	-78.12
Operating Cash Flow Growth	147.70%	170.36%	-58.20%	-	-
Capital Expenditures	-684.5	-469.46	-131.35	-25.23	-75.47
Sale of Property, Plant & Equipment	5.9	13.17	-	8.85	96.74
Divestitures	-	-	10	-	-
Other Investing Activities	-	2.27	2.05	0.53	0.27
Investing Cash Flow	-678.6	-454.02	-119.3	-15.85	21.53
Short-Term Debt Issued	-	-	-	3.55	46.22
Long-Term Debt Issued	765.5	412.35	28.07	4.3	46.13
Total Debt Issued	765.5	412.35	28.07	7.85	92.35
Short-Term Debt Repaid	-98	-	-18.58	-	-
Long-Term Debt Repaid	-11.1	-92.82	-102.46	-133.31	-82.03
Total Debt Repaid	-109.1	-92.82	-121.05	-133.31	-82.03
Net Debt Issued (Repaid)	656.4	319.53	-92.98	-125.46	10.32
Issuance of Common Stock	-	-	151.98	-	-
Other Financing Activities	-	-4.78	-8.36	-8.57	-9.49
Financing Cash Flow	656.4	314.75	50.64	-134.03	0.83
Foreign Exchange Rate Adjustments	-28.8	7.44	-16.68	-7.81	-9.98
Net Cash Flow	544.9	108.73	3.65	55.17	-65.74
Free Cash Flow	-88.6	-228.89	-42.36	187.63	-153.59
Free Cash Flow Margin	-4.64%	-13.05%	-3.48%	11.15%	-11.36%
Free Cash Flow Per Share	-2.54	-6.56	-1.77	9.18	-7.51
Cash Interest Paid	-	4.78	8.36	8.57	9.49
Levered Free Cash Flow	-609.69	-386.4	126.17	280.05	-555.75
Unlevered Free Cash Flow	-533.69	-359.23	160.25	315.24	-518.66
Change in Working Capital	165.3	-43.86	-94.16	20.11	-122.71

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