Ambev Cash Flow Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 2011
Net Income	14,502	14,458	12,671	11,379	11,780	10,995	7,269	12,547	12,424	12,066	Upgrade
Depreciation & Amortization	6,418	5,956	5,397	5,167	4,675	4,448	4,037	3,512	3,075	2,393	Upgrade
Share-Based Compensation	331.6	313.9	387.6	208.7	205.7	161	209.3	170.3	197.1	161.1	Upgrade
Other Operating Activities	3,460	-86	4,446	2,100	1,720	2,742	6,746	-3,884.5	7,885	1,277	Upgrade
Operating Cash Flow	24,711	20,642	22,901	18,856	18,381	18,346	18,261	12,344	23,581	15,896	Upgrade
Operating Cash Flow Growth	19.71%	-9.86%	21.45%	2.58%	0.19%	0.47%	47.93%	-47.65%	48.35%	3.79%	Upgrade
Capital Expenditures	-5,850	-6,399.2	-7,375.4	-4,584.7	-4,878.6	-3,468.6	-3,101.7	-3,999.1	-5,161.4	-4,341.1	Upgrade
Acquisitions	-46.5	-3	-133.3	-431.5	107.3	-133.4	-333.3	-1,824.2	-1,117.9	-10.7	Upgrade
Change in Investments	130.1	1,383	-241.3	-1,783.4	-70.2	-24.6	275.8	-74.7	280.3	-445.7	Upgrade
Other Investing Activities	0.4	15	15	-	2.9	-49.1	86.2	-	2	29.5	Upgrade
Investing Cash Flow	-5,766	-5,004.2	-7,735	-6,799.6	-4,838.6	-3,675.7	-3,073	-5,898	-5,997	-4,768	Upgrade
Dividends Paid	-11,921.9	-12,242.3	-11,115.3	-6,850.3	-7,871.3	-8,814.1	-8,819.8	-10,330.6	-11,490.2	-12,059.6	Upgrade
Share Issuance / Repurchase	-104.5	-30.3	-35.1	-7.4	-19.3	13.5	-38.6	0.4	-814.3	83.4	Upgrade
Debt Issued / Paid	-1,357.7	-810	-2,802	1,227	-1,943.8	-642.1	-2,933	1,893	-696.5	-786.7	Upgrade
Other Financing Activities	-2,731.1	-3,255.2	-2,089.6	-2,970.8	-2,449.1	-4,213.8	-1,459.5	-3,207.8	-2,326.9	-380.9	Upgrade
Financing Cash Flow	-16,115.2	-16,337.8	-16,042	-8,602	-12,283.5	-13,656.5	-13,250.9	-11,645.1	-15,327.9	-13,143.8	Upgrade
Exchange Rate Effect	-1,623.3	-1,045.2	382.6	1,735	-822	96.9	539	-542.2	1,739	100.9	Upgrade
Net Cash Flow	2,830	-699.9	-875.7	3,454	1,259	1,014	1,937	-5,198.7	2,256	-2,016.1	Upgrade
Free Cash Flow	18,861	14,243	15,526	14,271	13,503	14,878	15,159	8,345	18,419	11,555	Upgrade
Free Cash Flow Growth	32.43%	-8.26%	8.79%	5.69%	-9.24%	-1.86%	81.65%	-54.69%	59.41%	-0.53%	Upgrade
Free Cash Flow Margin	23.65%	17.87%	21.31%	24.45%	25.96%	29.62%	31.65%	18.30%	39.42%	30.34%	Upgrade
Free Cash Flow Per Share	1.20	0.91	0.99	0.91	0.86	0.95	0.96	0.53	1.17	0.74	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).