Vasta Platform Cash Flow Statement

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

Millions BRL. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	-59.32	-83.77	-54.57	-118.75	-45.65	-60.71
Depreciation & Amortization	286.48	287.78	268.71	211.16	174.09	164.93
Share-Based Compensation	13.66	13.38	19.04	22.53	39.65	1.37
Other Operating Activities	127.47	143.2	58.22	-93.56	124.4	42.08
Operating Cash Flow	368.29	360.59	291.4	21.37	292.49	147.67
Operating Cash Flow Growth	19.11%	23.74%	1263.53%	-92.69%	98.07%	-
Capital Expenditures	-126.69	-126.83	-151.73	-76.79	-44.44	-50.27
Acquisitions	-0.01	-3.21	-80.56	-186.22	-23.15	0
Change in Investments	124.83	174.73	-162.65	351.47	-474.2	0
Investing Cash Flow	-1.87	44.69	-394.94	88.47	-541.78	-50.27
Share Issuance / Repurchase	-	-39.93	0	-23.88	1,839	0
Debt Issued / Paid	-199.73	-211.89	-390.09	-63.24	-940.28	-112.53
Other Financing Activities	-20.17	38.39	346.06	19	-304.28	96.62
Financing Cash Flow	-219.9	-213.44	-44.03	-68.12	594.19	-15.91
Net Cash Flow	24.53	50.1	-264.13	-1.26	267.87	-58.94
Free Cash Flow	241.6	233.76	139.67	-55.42	248.06	97.4
Free Cash Flow Growth	44.05%	67.37%	-	-	154.67%	-
Free Cash Flow Margin	15.65%	15.73%	11.05%	-5.85%	24.86%	9.84%
Free Cash Flow Per Share	2.98	2.83	1.68	-0.67	2.99	1.17

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