CAP S.A. Cash Flow Statement

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

Millions USD. 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	-139.65	-426.88	-6.99	225.97	741.38	300.42
Depreciation & Amortization	403.99	404.13	306.7	295.01	251.61	215.52
Other Amortization	1.52	0.81	1.02	1.94	1.42	0.73
Other Operating Activities	-38.16	409.56	159.51	-274.45	421.56	362.21
Operating Cash Flow	227.71	387.63	460.24	248.47	1,416	878.88
Operating Cash Flow Growth	-61.65%	-15.78%	85.23%	-82.45%	61.11%	855.19%
Capital Expenditures	-280.28	-300.5	-516.42	-422.58	-404.91	-248.86
Sale of Property, Plant & Equipment	2.02	2.31	0.47	5.39	9.19	-
Cash Acquisitions	-102.86	-24.94	-9.48	-3.94	-15.48	-39.39
Sale (Purchase) of Intangibles	-0.07	-0.02	-0.15	-	-0.31	-
Investment in Securities	9.78	137.42	-40.2	22.85	34.52	-35.58
Other Investing Activities	9.6	-98.87	41.67	-3.25	-8.68	11.67
Investing Cash Flow	-361.81	-284.6	-524.11	-401.53	-385.66	-312.16
Short-Term Debt Issued	-	1,243	1,254	471.3	83.73	45.24
Long-Term Debt Issued	-	1,201	534.36	66.61	318.79	-
Total Debt Issued	2,522	2,444	1,789	537.91	402.51	45.24
Short-Term Debt Repaid	-	-4.64	-	-	-	-
Long-Term Debt Repaid	-	-2,480	-1,187	-312.06	-474.15	-303.8
Total Debt Repaid	-2,384	-2,484	-1,187	-312.06	-474.15	-303.8
Net Debt Issued (Repaid)	138.46	-40.42	601.23	225.85	-71.63	-258.56
Issuance of Common Stock	0.01	7.47	0.28	-	-	-
Common Dividends Paid	-0.85	-45.42	-218.99	-602.99	-462.26	-82.74
Other Financing Activities	-131.97	-121.99	-90.12	-62.4	-40.8	-68.96
Financing Cash Flow	5.65	-200.35	292.4	-439.55	-574.69	-410.26
Foreign Exchange Rate Adjustments	-1.88	-7.5	-2.88	-3.52	-10.01	4.26
Net Cash Flow	-130.33	-104.82	225.65	-596.12	445.62	160.72
Free Cash Flow	-52.57	87.13	-56.18	-174.11	1,011	630.03
Free Cash Flow Growth	-	-	-	-	60.48%	-
Free Cash Flow Margin	-2.97%	4.84%	-2.34%	-5.79%	27.50%	23.52%
Free Cash Flow Per Share	-0.41	0.56	-0.38	-1.17	6.76	4.22
Cash Interest Paid	127.27	121.46	94.37	68.27	41.14	65.2
Cash Income Tax Paid	102.64	15.19	210.32	474.48	434.66	92.32
Levered Free Cash Flow	122.98	625.69	-286.11	-447.19	1,044	713.23
Unlevered Free Cash Flow	197.29	694.7	-235.95	-407.24	1,073	748.53

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.