Empresas Copec Cash Flow Statement

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

Millions USD. 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	876.85	1,111	348.89	1,466	1,781
Depreciation & Amortization	1,069	1,005	980.23	828.36	787.43
Other Amortization	-	30.98	29.03	25.72	29.67
Other Operating Activities	58.66	-32.6	184.55	-1,120	-771.49
Operating Cash Flow	2,004	2,115	1,543	1,200	1,827
Operating Cash Flow Growth	-5.23%	37.08%	28.53%	-34.29%	-3.38%
Capital Expenditures	-2,163	-1,283	-1,310	-1,713	-1,662
Sale of Property, Plant & Equipment	71.72	44.7	31	126.8	128.06
Cash Acquisitions	-58.22	-387.31	-98.88	-315.25	-148.45
Divestitures	2.05	1,001	714.82	2	171.6
Sale (Purchase) of Intangibles	-31.97	-25.41	-21.35	-19.93	-31.2
Investment in Securities	-42.74	-47.7	-34.95	62.44	-5.14
Other Investing Activities	-623.92	-247.99	-509.04	-349.91	92.53
Investing Cash Flow	-2,846	-945.38	-1,229	-2,207	-1,454
Short-Term Debt Issued	797.57	1,837	1,885	1,174	382.69
Long-Term Debt Issued	2,221	967.12	1,257	721.74	204.43
Total Debt Issued	3,018	2,804	3,142	1,896	587.12
Short-Term Debt Repaid	-	-	-2.07	-6.93	-1.99
Long-Term Debt Repaid	-1,809	-3,371	-3,125	-1,195	-1,280
Total Debt Repaid	-1,809	-3,371	-3,127	-1,202	-1,282
Net Debt Issued (Repaid)	1,209	-567.26	15.46	694.64	-694.72
Issuance of Common Stock	-	0.57	47.83	6.91	-
Other Financing Activities	-89	8.2	-4.76	-1.63	-3.52
Financing Cash Flow	1,120	-558.49	58.52	699.92	-698.24
Foreign Exchange Rate Adjustments	112.82	-120.15	-103.87	-49.16	-152.84
Miscellaneous Cash Flow Adjustments	0	-	-	-	-
Net Cash Flow	391.05	490.74	268.56	-355.97	-478.98
Free Cash Flow	-159.06	831.98	232.29	-512.88	164.7
Free Cash Flow Growth	-	258.16%	-	-	30.71%
Free Cash Flow Margin	-0.54%	2.96%	0.81%	-1.79%	0.66%
Free Cash Flow Per Share	-0.12	0.64	0.18	-0.40	0.13
Cash Interest Paid	573.14	576.02	590.46	416.13	385.24
Cash Income Tax Paid	357.98	336.99	137.43	569	-24.92
Levered Free Cash Flow	-400.6	1,338	-317.06	-854.08	182.01
Unlevered Free Cash Flow	-7.23	1,682	70.5	-639.03	379.16

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.