← IRSA INVESTMENTS & REPRESENTATIONS INC

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Net Income — — — — — $276.7b $312.1b ($40.6b) —
Net Income From Continuing Operations — — — — — $279.5b $315.9b ($47.1b) —
Depreciation Amortization Depletion — — — — — $7.5b $9.8b $9.1b —
Depreciation And Amortization — — — — — $7.5b $9.8b $9.1b —
Deferred Income Tax — — — — — $22.2b ($334.2b) ($64.6b) —
Deferred Tax — — — — — $22.2b ($334.2b) ($64.6b) —
Adjustments For Share-Based Payments — — $44.0m — — — $0 — —
Asset Impairment Charge — — — — — $0 $176.0m $0 —
Adjustments For Income Tax Expense — ($124.0m) ($1.7b) $6.9b — — — — —
Earnings (Loss)es From Equity Investments — — — — — $2.8b ($13.6b) ($47.5b) —
Additional Financial Items
Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates — ($311.0m) ($688.0m) $247.0m ($37.0m) $0 $0 ($3.8b) $3.0b
General And Administrative Expense — $3.9b $7.7b $10.9b $3.0b $5.3b $19.3b $51.0b $68.6b
Goodwill — $12.3b — — — — — — —
Increase Decrease In Working Capital — — — — — — — $47k —
Proceeds From Borrowings Classified As Financing Activities — $17.9b $47.2b $30.7b $7.1b — — — —
Purchase Of Intangible Assets Classified As Investing Activities — $629.0m $2.8b $4.0b ($52.0m) — — — —
Repayments Of Borrowings Classified As Financing Activities — $18.0b $40.1b $68.3b ($39.8b) — — — —
Contributions and issuance of capital in associates and joint ventures — — $0 ($2.7b) ($42.0m) ($125.0m) ($24.0m) $0 ($35.0m)
Acquisition and improvements of investment properties — ($4.8b) ($6.4b) ($4.4b) ($999.0m) ($6.1b) ($5.9b) ($12.9b) ($39.3b)
Contributions and issuance of capital in associates and joint ventures pending of subscription — — — $0 $0 ($57.0m) ($45.0m) $0 $0
Proceeds from Sale of PP&E $16.0m $33.0m $11.0m $3.4b $349.0m $4.0m $2.4b $10.0m $11.0m
Acquisitions of intangible assets — ($1.7b) ($4.0b) ($4.0b) ($85.0m) ($65.0m) ($143.0m) ($729.0m) ($1.8b)
Proceeds from sales of interest held in associates and joint ventures — $465.0m $5.9b $5.0b $0 $0 $0 $23.8b $6.5b
Proceeds from loans granted — $1.1b $168.0m $0 $9.0m $453.0m $2.0m $0 $0
(Payment) / proceeds from derivative financial instruments — — — $12.2b ($857.0m) ($77.0m) $23.0m $1.4b ($218.0m)
Acquisitions of investments in financial assets — ($65.9b) ($49.1b) ($14.3b) ($10.6b) ($22.9b) ($36.2b) ($380.8b) ($346.4b)
Proceeds from disposal of investments in financial assets $10.1b $35.8b $42.2b $38.1b $16.6b $10.5b $43.8b $385.8b $268.5b
Proceeds from loans granted to related parties — — — — — $0 $0 $1.9b $1.2b
Increase of loans granted to related parties — — — — — $0 $0 ($223.0m) $0
Borrowings, issuance and new placement of non-convertible notes — $38.9b $47.4b $30.7b $9.4b $4.9b $38.5b $113.0b $373.3b
Payment of borrowings and non-convertible notes ($39.2b) ($32.1b) ($40.1b) ($68.3b) ($65.3b) ($10.9b) ($67.2b) ($102.1b) ($122.3b)
(Payments) / obtaining of short term loans, net — — — — — ($8.0b) ($5.4b) $38.6b ($13.3b)
Repurchase of non-convertible notes — — ($5.2b) ($13.1b) ($5.1b) ($1.7b) ($3.7b) ($1.1b) ($60.1b)
Capital contributions from non-controlling interest in subsidiaries $433.0m $2.2b $1.9b $0 $26.0m $40.0m $0 $96.0m $235.0m
Loans received from associates and joint ventures, net — — — $0 $0 $24.0m $0 $0 $65.0m
Payment of borrowings to related parties — — — $0 $0 ($481.0m) ($28.0m) $0 $0
Warrants exercise — — — $0 $0 $4.0m $30.0m $1.6b $7.4b
Payment of lease liabilities — — — — — ($290.0m) ($212.0m) ($573.0m) ($3.0b)
Repurchase of treasury shares — — — $0 $0 ($325.0m) ($1.7b) ($26.7b) ($19.5b)
Beginning Cash Position — — — — — $25.4b $142.7b $45.2b —
Cash Flow From Continuing Financing Activities — — — — — ($109.4b) ($420.2b) ($266.2b) —
Cash Flow From Continuing Investing Activities — — — — — $89.7b $137.0b $116.1b —
Cash From Discontinued Financing Activities — — — — — $0 $0 — —
Cash From Discontinued Investing Activities — — — — — $0 $0 — —
Change In Accrued Expense — — — — — $31.0m $4.8b ($2.8b) —
Change In Inventory — — — — — $657.0m $155.0m ($744.0m) —
Change In Other Working Capital — — — — — ($527.0m) ($347.0m) ($857.0m) —
Change In Payable — — — — — $5.0b ($1.5b) ($69.0b) —
Change In Payables And Accrued Expense — — — — — $5.0b $3.3b ($71.8b) —
Change In Receivables — — — — — ($249.0m) ($3.6b) $6.6b —
Change In Working Capital — — — — — $4.9b ($585.0m) ($66.7b) —
Changes In Cash — — — — — $81.8b ($94.2b) ($5.8b) —
End Cash Position — — — — — $102.3b $45.2b $39.5b —
Financing Cash Flow — — — — — ($109.4b) ($420.2b) ($266.2b) —
Free Cash Flow — — — — — $98.3b $184.2b $138.7b —
Gain Loss On Investment Securities — — — — — ($109.3b) $239.1b $483.5b —
Gain Loss On Sale Of Business — — — — — $0 $0 $1.9b —
Gain Loss On Sale Of PPE — — — — — $0 $3.5b $3.0m —
Interest Received CFI — — — — — $2.7b $1.8b $14.7b —
Investing Cash Flow — — — — — $89.7b $137.0b $116.1b —
Issuance Of Capital Stock — — — — — $0 $0 — —
Net Business Purchase And Sale — — — — — ($1.5b) ($357.0m) $33.2b —
Net Foreign Currency Exchange Gain Loss — — — — — $0 ($2.2b) $0 —
Net Intangibles Purchase And Sale — — — — — ($520.0m) ($740.0m) ($1.0b) —
Net PPE Purchase And Sale — — — — — ($2.6b) $8.5b ($4.6b) —
Operating Gains Losses — — — — — ($106.5b) $226.8b $437.9b —
Other Cash Adjustment Inside Changein Cash — — — — — ($399.0m) ($1.2b) — —
Other Cash Adjustment Outside Changein Cash — — — — — ($3.2b) ($6.2b) ($15.2b) —
Other Non Cash Items — — — — — ($114.5b) ($100.0b) ($142.4b) —
Proceeds From Stock Option Exercised — — — — — $33.0m $155.0m $2.3b —
Provisionand Write Offof Assets — — — — — $12.5b $86.0b $28.9b —
Purchase Of Business — — — — — ($1.5b) ($357.0m) $0 —
Purchase Of Intangibles — — — — — ($520.0m) ($740.0m) ($1.0b) —
Purchase Of PPE — — — — — ($2.7b) ($4.1b) ($4.6b) —
Repurchase Of Capital Stock — — — — — ($2.6b) ($9.0b) ($37.2b) —
Sale Of Business — — — — — $0 $0 $33.2b —
Sale Of PPE — — — — — $33.0m $12.6b $14.0m —
Profit or Loss — $21.3b ($26.8b) $23.7b ($37.6b) $34.9b $61.0b ($33.8b) $196.1b
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities ($3.0b) $17.0m $11.0m $3.4b $349.0m $4.0m $2.4b $10.0m $11.0m
Capital Expenditure — — — — — ($3.2b) ($4.8b) ($5.7b) —
Net Investment Properties Purchase And Sale — — — — — $158.9b $86.7b $46.8b —
Net Investment Purchase And Sale — — — — — ($99.7b) $39.4b $9.0b —
Purchase Of Investment — — — — — ($183.8b) ($187.7b) ($530.9b) —
Purchase Of Investment Properties — — — — — ($49.1b) ($30.6b) ($18.0b) —
Proceeds from sales of investment properties $645.0m $1.2b $1.8b $13.2b $18.1b $26.0b $22.6b $46.4b $7.8b
Sale Of Investment — — — — — $84.1b $227.1b $539.9b —
Sale Of Investment Properties — — — — — $208.1b $117.3b $64.7b —
Net Other Investing Changes — — — — — $3.6b $10.0m $2.3b —
Net Cash from Investing Activities $455.0m $814.0m $1.3b $865.0m $673.0m $338.0m $351.0m $10.5b $25.8b
Net cash (used in) / generated from investing activities ($3.9b) ($21.4b) $7.8b $40.6b $67.9b $11.2b $26.4b $83.2b ($82.3b)
Cash flows from financing activities:
Issuance Of Debt — — — — — $73.1b $199.2b $157.5b —
Long Term Debt Issuance — — — — — $73.1b $199.2b $157.5b —
Net Issuance Payments Of Debt — — — — — ($40.4b) ($176.3b) $66.6b —
Net Long Term Debt Issuance — — — — — ($32.4b) ($168.8b) $12.8b —
Net Short Term Debt Issuance — — — — — ($8.0b) ($7.5b) $53.9b —
Long Term Debt Payments — — — — — ($105.5b) ($368.0b) ($144.7b) —
Repayment Of Debt — — — — — ($105.5b) ($368.0b) ($144.7b) —
Common Stock Issuance — — — — — $0 $0 — —
Net Common Stock Issuance — — — — — ($2.6b) ($9.0b) ($37.2b) —
Common Stock Payments — — — — — ($2.6b) ($9.0b) ($37.2b) —
Dividends paid ($147.0m) ($2.9b) $4.2b $2.3b ($9.1b) ($176.0m) ($32.3b) ($224.8b) ($80.6b)
Dividends Paid Classified As Financing Activities — $1k — — — — — — —
Dividends collected from associates and joint ventures $473.0m $517.0m $898.0m $2.0b $0 $3.6b $319.0m $11.3b $3.6b
Cash Dividends Paid — — — — — ($1.4b) ($167.2b) ($212.5b) —
Common Stock Dividend Paid — — — — — ($1.4b) ($167.2b) ($212.5b) —
Dividends Received CFI — — — — — $28.7b $1.7b $15.7b —
Net Other Financing Charges — — — — — $513.0m — $134.0m —
Net cash generated from / (used in) financing activities $3.5b ($4.3b) ($19.4b) ($76.1b) ($48.8b) ($13.7b) ($81.1b) ($190.9b) $35.5b
Effect Of Exchange Rate Changes — — — — — ($1.6b) $3.0b $15.2b —
Net increase / (decrease) in cash and cash equivalents $12.7b ($11.4b) $7.3b ($4.4b) $20.5b $10.2b ($18.2b) ($4.2b) $214.0b
Cash and cash equivalents at the beginning of the year — — — $479.8b $6.8b $27.5b $8.7b $28.3b $176.8b
Inflation adjustment of cash and cash equivalents — — — — — ($3.2b) ($4.4b) ($10.9b) ($91.1b)
Foreign exchange gain on cash and cash equivalents and unrealized fair value result for cash equivalents — — — $22.0b ($14.3b) ($201.0m) $575.0m $10.9b $14.5b
Change In Cash Supplemental As Reported — — — — — $81.8b ($94.2b) ($5.8b) —
Interest Paid Classified As Financing Activities ($4.2b) $7.0b $15.2b $19.2b ($8.2b) ($181.0m) ($13.1b) ($61.3b) ($46.7b)
Interest Paid Classified As Operating Activities ($4.2b) ($2.1b) ($2.1b) ($961.0m) $97.0m $128.0m $661.0m $1.9b $1.6b
Income tax paid ($2.1b) ($1.7b) ($983.0m) ($650.0m) ($42.0m) ($492.0m) ($2.9b) ($7.7b) ($5.4b)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

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