Cosan S.A.

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Net Income $1.2b $1.1b ($9.4b) ($9.7b)
Net Income From Continuing Operations $2.7b $5.1b ($5.2b) ($8.0b)
Other Adjustments To Reconcile Profit Loss ($109.4m) $436.3m ($23.7m) $343.7m $278.4m ($261.3m)
Depreciation Amortization Depletion $3.0b $3.4b $3.9b $3.9b
Depreciation And Amortization $3.0b $3.4b $3.9b $3.9b
Deferred Income Tax ($648.3m) ($110.5m) ($33.4m) ($6.0m)
Deferred Tax ($648.3m) ($110.5m) ($33.4m) ($6.0m)
Adjustments For Share-Based Payments $101.3m $272.7m $53.1m $99.1m $207.7m $65.9m
Asset Impairment Charge $0 $0 $4.7b $0
Earnings (Loss)es From Equity Investments ($326.7m) ($2.0b) ($489.1m) $10.7b
Additional Financial Items
Adjustments For Decrease Increase In Trade Account Receivable ($145.9m) $67.3m ($404.0m) ($6.3m) $573.7m $546.2m
Adjustments For Increase Decrease In Trade Account Payable $383.5m $167.0m $592.0m $510.6m ($252.8m) ($180.9m)
Adjustments For Undistributed Profits Of Associates $1.7b
General And Administrative Expense $1.2b $1.8b $1.6b $2.0b $2.5b $2.8b
Increase Decrease In Working Capital $429.6m $961.4m $1.7b $708.2m $2.5b $2.7b
Payments Of Lease Liabilities Classified As Financing Activities $423.3m $5.4b $461.0m $400.2m $490.0m $694.3m
Payments To Acquire Or Redeem Entitys Shares $1.1b $495.0m $26.1m $84.6m $103.3m $192.9m
Proceeds From Issuing Shares $2.4m
Purchase Of Interests In Associates $17.0m
Repayments Of Borrowings Classified As Financing Activities $4.4b $3.4b $9.9b $15.3b $8.1b $12.2b
Cash generated (used) in operational activities $2.8b $2.6b $2.6b $4.1b $1.3b $1.5b $929.0m
Cash generated (used) from investing activities ($738.0m) ($7.7b) ($2.4b) $1.8b $1.1b $2.9b $1.5b
Cash (used) generated in financing activities ($509.0m) $6.7b ($251.9m) ($4.0b) ($1.1b) ($5.5b) ($4.0b)
Beginning Cash Position $16.2b $13.3b $14.7b $16.9b
Cash Flow From Continuing Financing Activities $8.3b ($4.5b) ($6.6b) ($2.4b)
Cash Flow From Continuing Investing Activities ($20.8b) ($4.4b) ($4.5b) ($83.5m)
Cash From Discontinued Investing Activities $45.0m $62.7m $24.5m $7.4m
Change In Account Payable $510.6m ($252.8m) ($180.9m) ($246.6m)
Change In Accrued Expense ($542.2m) ($515.5m)
Change In Income Tax Payable $553.6m ($455.5m) ($641.9m) ($921.0m)
Change In Inventory ($423.4m) ($83.2m) $159.7m ($107.8m)
Change In Other Current Liabilities $44.7m ($563.2m) ($35.5m) $26.3m
Change In Other Working Capital ($1.4b) ($1.3b) ($1.3b) ($1.3b)
Change In Payable $1.1b ($708.3m) ($822.7m) ($1.2b)
Change In Payables And Accrued Expense $1.1b ($708.3m) ($822.7m) ($1.2b)
Change In Receivables ($6.3m) $573.7m $546.2m $539.7m
Change In Tax Payable $553.6m ($455.5m) ($641.9m) ($921.0m)
Change In Working Capital ($708.2m) ($2.1b) ($1.5b) ($2.0b)
Changes In Account Receivables ($6.3m) $573.7m $546.2m $539.7m
Changes In Cash ($2.5b) $1.5b $2.0b $10.6b
End Cash Position $13.3b $14.7b $16.9b $27.2b
Financing Cash Flow $8.3b ($4.5b) ($6.6b) ($2.4b)
Free Cash Flow $5.4b $4.0b $5.2b $4.6b
Gain Loss On Investment Securities ($2.2b) ($3.7b) ($926.9m) ($1.4b)
Gain Loss On Sale Of PPE ($141.9m) $99.3m
Investing Cash Flow ($20.7b) ($4.3b) ($4.5b) ($76.1m)
Issuance Of Capital Stock $2.4m $0 $0 $17.1b
Net Business Purchase And Sale ($5.4b) ($749.9m) ($1.0b) ($856.5m)
Net PPE Purchase And Sale ($4.5b) ($6.3b) ($7.8b) ($8.5b)
Net Preferred Stock Issuance $0 $0 $4.0b
Operating Gains Losses ($2.2b) ($5.3b) $2.1b $11.4b
Other Non Cash Items $6.8b $9.0b $10.0b $8.6b
Pension And Employee Benefit Expense $381.0m $419.2m $454.9m $465.5m
Preferred Stock Issuance $0 $0 $4.0b
Proceeds From Stock Option Exercised ($15.6m) ($13.6m) $0 $0
Provisionand Write Offof Assets $399.2m $278.9m $366.7m $378.1m
Purchase Of Business ($5.4b) ($749.9m) ($1.0b) ($883.0m)
Purchase Of PPE $4.0b $4.8b ($4.5b) ($6.3b) ($7.8b) ($8.5b)
Repurchase Of Capital Stock ($84.6m) ($103.3m) ($192.9m) ($34.0m)
Sale Of Business $0 $99.0m $0 $26.5m
Sale Of PPE $9.3m $4.6m $36.9m $9.5m
Stock Based Compensation $99.1m $207.7m $65.9m $71.7m
Profit or Loss $2.9b $1.5b $6.7b $2.8b $4.9b ($8.2b)
Capital Expenditure ($4.5b) ($6.3b) ($7.8b) ($8.5b)
Net Investment Purchase And Sale ($12.3b) $142.0m $3.0b $8.8b
Purchase Of Investment ($14.4b) ($672.1m) ($427.9m) ($1.1b)
Sale Of Investment $2.1b $814.1m $3.4b $9.9b
Net Other Investing Changes ($58.2m) $38.5m $42.0m $178.0m
Cash flows from financing activities:
Issuance Of Debt $23.9b $12.8b $17.0b $11.5b
Long Term Debt Issuance $23.9b $12.8b $17.0b $11.5b
Net Issuance Payments Of Debt $8.2b $4.2b $4.1b ($3.5b)
Net Long Term Debt Issuance $8.2b $4.2b $4.1b ($3.5b)
Long Term Debt Payments ($15.7b) ($8.5b) ($12.9b) ($15.0b)
Repayment Of Debt ($15.7b) ($8.5b) ($12.9b) ($15.0b)
Common Stock Issuance $2.4m $0 $0 $13.1b
Net Common Stock Issuance ($82.2m) ($103.3m) ($192.9m) $13.0b
Common Stock Payments ($84.6m) ($103.3m) ($192.9m) ($34.0m)
Dividends paid $243 $2k $2k $1k
Payments of Dividends $243 $2k $2k $1k
Dividends Paid Classified As Financing Activities $202 $372 $3k $2k $3k $3k
Dividends Paid Ordinary Shares Per Share $1.27 $1.58
Dividends Received From Associates Classified As Investing Activities $18 $13 $16 $323 $255 $1k
Cash Dividends Paid ($1.9b) ($2.6b) ($3.4b) ($2.7b)
Common Stock Dividend Paid ($1.9b) ($2.6b) ($2.8b) ($1.7b)
Dividends Received CFI $1.5b $2.5b $1.3b $240.7m
Preferred Stock Dividend Paid $0 $0 ($668.0m) ($994.6m)
Net Other Financing Charges $5.7b ($2.3b) ($1.9b) ($8.0b)
Effect Of Exchange Rate Changes ($404.3m) ($100.0m) $257.9m ($258.6m)
Increase (decrease) of cash and cash equivalents $4.6b $4.8b $2.0b ($2.5b) $1.5b $2.0b $10.6b
Cash and cash equivalents at the beginning of the year $3.6b $8.5b $13.6b $16.2b $16.2b $14.7b $14.7b $16.9b
Effect of foreign exchange variation on the cash and cash equivalents balance $293.9m $242.7m $350.6m $511.5m ($404.3m) ($100.0m) $257.9m ($258.6m)
Cash and cash equivalents at the end of the year $16.2b $13.3b $1.9m $16.9b $27.2b
Change In Cash Supplemental As Reported ($2.5b) $1.5b $2.0b $10.6b
Income Tax Paid Supplemental Data $318.8m $361.7m $1.2b $1.2b
Interest Paid Classified As Financing Activities $249.3m $500.9m $165.3m $211.6m $236.9m $377.3m ($5.2b)

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.