PetroTal 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	44.19	111.45	110.51	188.53	63.97
Depreciation & Amortization	85.12	63.53	40.8	34.47	22.16
Stock-Based Compensation	3.73	1.53	4.34	3.34	2.36
Other Operating Activities	-38.17	38.63	45.22	35.19	-0.62
Change in Accounts Receivable	30.81	-13.52	26.67	-114.32	10.28
Change in Inventory	1.06	-0.3	0.5	6.24	-12.94
Change in Accounts Payable	4.01	10.25	9.45	12.68	-13.42
Change in Income Taxes	35.93	18.59	-	-	-
Change in Other Net Operating Assets	-2.41	0.6	1.99	5.89	5.66
Operating Cash Flow	164.27	230.76	239.46	172.02	77.46
Operating Cash Flow Growth	-28.82%	-3.63%	39.20%	122.09%	480.59%
Capital Expenditures	-75.64	-164.53	-108.45	-94.2	-82.19
Other Investing Activities	-40.31	-1.79	2.7	-0.53	6
Investing Cash Flow	-115.95	-166.32	-105.75	-94.73	-76.19
Short-Term Debt Issued	-	10	20	-	-
Long-Term Debt Issued	50	-	-	-	90.9
Total Debt Issued	50	10	20	-	90.9
Long-Term Debt Repaid	-26.34	-5.82	-104.47	-23.97	-5.55
Net Debt Issued (Repaid)	23.66	4.18	-84.47	-23.97	85.35
Issuance of Common Stock	-	-	12.32	3.5	1.39
Repurchase of Common Stock	-2.54	-4.89	-6.23	-	-
Common Dividends Paid	-41.35	-60.47	-55.57	-	-
Other Financing Activities	-3.5	-0.03	-8.43	-11.3	-22.63
Financing Cash Flow	-23.73	-61.22	-142.38	-31.77	64.12
Miscellaneous Cash Flow Adjustments	-14.98	8.99	-5.1	13.91	-29.54
Net Cash Flow	9.62	12.22	-13.77	59.42	35.84
Free Cash Flow	88.63	66.23	131.01	77.82	-4.74
Free Cash Flow Growth	33.81%	-49.44%	68.35%	-	-
Free Cash Flow Margin	31.81%	19.83%	45.76%	23.79%	-3.15%
Free Cash Flow Per Share	0.10	0.07	0.14	0.09	-0.01
Cash Interest Paid	-	0.03	8.43	11.3	6
Cash Income Tax Paid	-	0.15	1.24	3.45	0.31
Levered Free Cash Flow	29.54	20.25	82.55	12.54	-77.2
Unlevered Free Cash Flow	33.92	22.99	93.47	25.02	-67.6
Change in Working Capital	69.41	15.62	38.6	-89.51	-10.42

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