Cosan S.A. (CSAN)

Cosan Cash Flow Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	1,806	1,094	1,176	6,312	859.48	1,316
Depreciation & Amortization	3,487	3,365	3,014	2,504	2,341	2,288
Share-Based Compensation	215.55	207.71	99.09	53.13	272.69	101.28
Other Operating Activities	4,897	5,609	5,683	-3,722.46	2,184	2,591
Operating Cash Flow	10,406	10,276	9,972	5,147	5,657	6,297
Operating Cash Flow Growth	-0.79%	3.05%	93.74%	-9.01%	-10.16%	17.08%
Capital Expenditures	-6,291.04	-6,263.33	-4,522.06	-4,771.75	-4,031.64	-2,752.36
Acquisitions	1,059	573.3	-3,877.03	-173.79	-132.06	1,440
Change in Investments	1,269	1,436	-12,132.94	-528.63	-483.56	1,213
Other Investing Activities	-24.56	-48.79	-194.54	27.34	124.14	-31.44
Investing Cash Flow	-3,988.2	-4,303.09	-20,726.56	-5,446.83	-4,523.13	-130.59
Dividends Paid	-2,573.59	-2,582.45	-1,908.17	-2,558.89	-546.3	-738.15
Share Issuance / Repurchase	-194.32	-103.28	-82.22	43.05	-429.57	-1,141.3
Debt Issued / Paid	3,616	451.61	4,461	-324.73	-769.62	2,873
Other Financing Activities	-2,217.54	-2,282.47	5,816	5,160	5,432	-2,552.23
Financing Cash Flow	-1,369.35	-4,516.58	8,286	2,319	3,686	-1,558.38
Exchange Rate Effect	-34.96	-100	-404.34	511.47	350.61	242.71
Net Cash Flow	5,048	1,457	-2,468.07	2,020	4,820	4,608
Free Cash Flow	4,114	4,013	5,450	375.44	1,625	3,544
Free Cash Flow Growth	-25.65%	-26.37%	1351.67%	-76.90%	-54.15%	28.81%
Free Cash Flow Margin	10.37%	10.17%	13.86%	1.45%	7.95%	17.20%
Free Cash Flow Per Share	8.78	8.57	11.67	0.98	4.25	-

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