Telefônica Brasil S.A. (VIV)

Telefônica Brasil Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Net Income	7,271	6,764	5,574	4,832
Depreciation & Amortization	14,944	14,202	13,390	12,660
Other Adjustments	2,373	1,585	1,847	2,874
Change in Receivables	-2,447	-1,662	-1,943	-854.32
Changes in Inventories	-423.2	-311.24	-100.84	-179.61
Changes in Accounts Payable	507.95	1,097	800.25	231.89
Changes in Accrued Expenses	1,937	912.98	2,591	2,322
Changes in Income Taxes Payable	-896.21	-862.06	-901.69	-1,114
Changes in Other Operating Activities	-2,550	-1,849	-2,470	-1,829
Operating Cash Flow	20,717	19,877	18,786	18,942
Operating Cash Flow Growth	4.23%	5.81%	-0.82%	-
Capital Expenditures	-9,458	-9,324	-8,811	-9,894
Sale of Property, Plant & Equipment	436.54	376.59	434.45	778
Purchases of Investments	-88.71	-5.3	-	-
Proceeds from Sale of Investments	-	161.06	196.06	232.06
Payments for Business Acquisitions	-1,065	-168.52	-63.8	-4,907
Other Investing Activities	156.96	45.51	393.65	-411.68
Investing Cash Flow	-10,018	-8,915	-7,851	-14,203
Long-Term Debt Issued	20	83.08	30.03	4,500
Long-Term Debt Repaid	-5,232	-3,495	-4,452	-6,986
Net Long-Term Debt Issued (Repaid)	-5,212	-3,412	-4,422	-2,486
Repurchase of Common Stock	-1,746	-1,300	-488.76	-607.44
Net Common Stock Issued (Repurchased)	-1,746	-1,300	-488.76	-607.44
Common Dividends Paid	-2,187	-2,532	-3,833	-5,709
Other Financing Activities	-1,213	-1,385	-107.2	-110.62
Financing Cash Flow	-10,359	-8,629	-8,850	-8,914
Net Cash Flow	341.24	2,333	2,084	-4,175
Free Cash Flow	11,260	10,552	9,975	9,048
Free Cash Flow Growth	6.70%	5.79%	10.24%	-
FCF Margin	18.89%	18.90%	19.15%	18.83%
Free Cash Flow Per Share	6.99	6.42	6.01	5.42
Levered Free Cash Flow	5,018	6,002	5,104	3,795
Unlevered Free Cash Flow	12,455	10,996	11,666	7,758

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q