Arco Vara AS (TAL:ARC1T)

Arco Vara AS Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	0.44	-0.62	3.55	0.7	2.07	1.01
Depreciation & Amortization	0.1	0.09	0.09	0.11	0.06	0.11
Other Operating Activities	-35.68	-6.05	-15.32	-8.58	-4.85	-2.16
Operating Cash Flow	-35.15	-6.59	-11.67	-7.78	-2.72	-1.04
Capital Expenditures	2.13	-0.01	-0	-0.03	-0.01	-0.01
Sale of Property, Plant & Equipment	-	-	-	0	-	-
Divestitures	-0.01	-	-	-	-	-
Sale (Purchase) of Real Estate	-2.28	-2.28	8.89	0.67	0	-0.04
Other Investing Activities	0	-	-	-	-	-0.25
Investing Cash Flow	-0.15	-2.28	8.89	0.65	-0.01	-0.3
Long-Term Debt Issued	-	13.25	14.1	12.18	3.94	7.85
Long-Term Debt Repaid	-	-2.19	-11.03	-2.11	-2.74	-4.37
Net Debt Issued (Repaid)	37.12	11.05	3.07	10.07	1.2	3.48
Issuance of Common Stock	17.46	-	-	-	2.25	0.27
Common Dividends Paid	-0.31	-0.62	-0.62	-0.62	-0.48	-0.36
Other Financing Activities	-2.11	-1.31	-1.33	-0.75	-0.59	-0.73
Financing Cash Flow	52.16	9.12	1.12	8.7	2.39	2.67
Miscellaneous Cash Flow Adjustments	-	-	-0.29	-	-	-
Net Cash Flow	16.86	0.25	-1.96	1.56	-0.34	1.33
Free Cash Flow	-33.02	-6.6	-11.68	-7.81	-2.73	-1.05
Free Cash Flow Margin	-366.31%	-88.20%	-63.66%	-57.86%	-23.47%	-7.47%
Free Cash Flow Per Share	-2.08	-0.62	-1.12	-0.75	-0.29	-0.11
Cash Interest Paid	2.02	1.31	1.33	0.75	0.59	0.73
Cash Income Tax Paid	1.55	2.14	0.73	1.18	2.9	-0.04
Levered Free Cash Flow	-34.81	-1.19	5.22	-14.56	-3.2	0.97
Unlevered Free Cash Flow	-34.59	-0.78	5.46	-14.33	-2.92	1.4

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