Gerdau 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 - 2001
Net Income	7,502	11,426	15,494	2,366	1,204	2,304	-359.36	-2,890.81	-4,551.44	1,403	Upgrade
Depreciation & Amortization	3,047	2,867	2,659	2,499	2,074	1,892	2,093	2,536	2,608	2,227	Upgrade
Share-Based Compensation	157.98	104.71	65.29	62.8	43.9	41.19	35.58	46.68	48.59	39.61	Upgrade
Other Operating Activities	2,978	1,166	-1,638.29	3,243	-395.81	-776.16	1,764	5,233	10,641	212.88	Upgrade
Operating Cash Flow	13,685	15,563	16,580	8,171	2,926	3,461	3,532	4,925	8,746	3,883	Upgrade
Operating Cash Flow Growth	-12.07%	-6.13%	102.92%	179.23%	-15.45%	-2.03%	-28.27%	-43.69%	125.25%	-26.96%	Upgrade
Capital Expenditures	-5,168.47	-4,243.55	-2,943.39	-1,589.5	-1,724.8	2,826	-318.87	-1,015.2	-2,233.78	-1,198.76	Upgrade
Acquisitions	-477.18	-26.75	113.6	-485.32	-74.34	-375.46	-178.67	0	-61.45	0	Upgrade
Other Investing Activities	-127.2	-189.38	-166.31	-154.25	-100.31	-67.39	-37.94	-54.04	-126.43	-141.96	Upgrade
Investing Cash Flow	-5,772.84	-4,459.68	-2,996.1	-2,229.08	-1,899.45	2,383	-535.48	-1,069.24	-2,421.66	-1,340.72	Upgrade
Dividends Paid	-2,683.33	-5,891.69	-5,339.43	-274.82	-484.17	-599.1	-86.39	-85.96	-358.23	-455.14	Upgrade
Share Issuance / Repurchase	0	-1,073.12	0	0	0	-243.4	0	-95.34	-189.07	0	Upgrade
Debt Issued / Paid	-1,442.2	-1,248.04	-4,782.77	-2,211.2	538.67	-3,439.64	-3,975.54	-2,150.04	-1,985.6	597.49	Upgrade
Other Financing Activities	0.1	-43.43	139.56	-7.78	-64.09	25.76	5.8	-6.49	-308.94	-665.78	Upgrade
Financing Cash Flow	-4,125.43	-8,256.29	-9,982.64	-2,493.79	-9.6	-4,256.38	-4,056.13	-2,337.83	-2,841.84	-523.42	Upgrade
Exchange Rate Effect	-710.66	-119.16	5.26	290.51	17.76	208.03	7.44	-693.99	699.29	244.03	Upgrade
Net Cash Flow	529.78	-1,684.79	-456.55	1,976	-248.49	334.81	-2,508.05	-584.7	2,598	950.75	Upgrade
Free Cash Flow	8,516	11,320	13,636	6,581	1,201	6,287	3,213	3,909	6,512	2,684	Upgrade
Free Cash Flow Growth	-24.76%	-16.99%	107.20%	447.82%	-80.89%	95.65%	-17.80%	-39.97%	142.62%	-9.17%	Upgrade
Free Cash Flow Margin	12.36%	13.74%	17.41%	15.02%	3.03%	13.62%	8.70%	10.38%	14.94%	6.31%	Upgrade
Free Cash Flow Per Share	4.24	5.22	6.29	3.04	0.55	2.90	1.48	1.80	3.00	1.24	Upgrade

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