Ultrapar Participações S.A. (UGP)

Ultrapar Participações 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	2,440	2,440	1,801	850.46	893.38	373.53
Depreciation & Amortization	1,155	1,155	1,027	920.92	838.2	768.38
Share-Based Compensation	38.91	38.91	9.94	9.36	8.79	6.22
Other Operating Activities	216.32	216.32	-833.41	805.22	1,398	1,777
Operating Cash Flow	3,850	3,850	2,005	2,586	3,138	2,925
Operating Cash Flow Growth	92.04%	92.04%	-22.48%	-17.60%	7.29%	1.24%
Capital Expenditures	-520.32	-520.32	1,898	-720.83	-595.89	-751.87
Acquisitions	-262.38	-262.38	4,935	-21.87	-28.84	-79.12
Change in Investments	35.83	35.83	1,568	1,863	-869.75	102.91
Other Investing Activities	-274.69	-274.69	-497.79	-396.22	-641.92	-1,107.17
Investing Cash Flow	-1,021.56	-1,021.56	7,903	724.14	-2,136.41	-1,835.26
Dividends Paid	-400.03	-400.03	-638.28	-705.75	-284.77	-596.44
Debt Issued / Paid	-460.02	-460.02	-4,680.04	-1,347.59	1,322	-661.87
Other Financing Activities	-1,634.35	-1,634.35	-1,592.42	-1,302.2	-1,629.4	-1,663.93
Financing Cash Flow	-2,494.4	-2,494.4	-6,910.74	-3,355.54	-592.33	-2,922.23
Exchange Rate Effect	-29.95	-29.95	-43.34	52.01	136.73	9.07
Net Cash Flow	303.92	303.92	2,954	6.56	546.12	-1,823.57
Free Cash Flow	3,330	3,330	3,903	1,865	2,542	2,173
Free Cash Flow Growth	-14.69%	-14.69%	109.26%	-26.63%	16.99%	24.23%
Free Cash Flow Margin	2.64%	2.64%	2.72%	1.70%	3.43%	2.62%
Free Cash Flow Per Share	3.06	3.06	3.59	1.71	2.34	2.00

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