Cementos Pacasmayo S.A.A. (CPAC) Cash Flow: Operating & Free Cash Flow

Cementos Pacasmayo S.A.A. (CPAC) Cash Flow Statement

In fiscal 2025 (fiscal year ended Dec 31, 2025), Cementos Pacasmayo S.A.A. generated PEN 360.63M of operating cash flow and spent PEN 102.83M on capital expenditures. That left free cash flow of PEN 257.79M, up 0.4% from PEN 256.82M a year earlier, or 12.2% of revenue. It paid PEN 174.80M in dividends.

Cementos Pacasmayo S.A.A. Cash Flow Statement Analysis

Values in millions PEN

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Cash flow statement showing operating, investing, and financing activities for Cementos Pacasmayo S.A.A. (CPAC) - Annual data in millions PEN
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Operating Activities
Net Income	267.98	198.88	168.90	262.42	224.11	85.90	194.35	116.14	127.11
Depreciation & Amortization	159.48	159.57	144.20	138.54	135.57	139.17	129.82	129.78	124.21
Deferred Income Tax	-11.04	0.00	0.00	0.00	0.00	-87.63	-72.98	-63.71	-39.11
Stock Based Compensation	4.93	7.17	0.00	8.27	0.00	5.76	6.52	9.50	11.40
Change in Working Capital	85.35	-29.24	53.24	-235.78	-163.37	100.25	-129.65	-71.19	-35.19
Change in Accounts Receivable	-3.61	-34.19	-1.87	-3.70	-47.71	38.01	-23.39	-0.17	-31.18
Change in Inventory	68.63	5.90	90.58	-282.55	-151.53	54.14	-97.66	-59.64	-31.86
Change in Accounts Payable	31.59	0.00	-48.68	60.57	48.83	3.35	-4.22	-9.65	14.08
Change in Other Working Capital	-91.33	-0.95	13.21	-87.00	-12.96	4.76	-4.38	-11.55	-3.33
Other Operating Activities	79.72	-15.30	45.99	109.43	-25.75	87.92	77.08	83.11	71.09
Net Cash from Operating Activities	360.63	321.14	412.32	111.82	170.56	331.37	205.14	203.63	259.51
Investing Activities
Capital Expenditures	-102.83	-64.32	-289.31	-162.79	-94.55	-52.55	-83.02	-111.27	-80.84
Acquisitions	3.07	0.00	0.37	2.66	4.15	-0.59	4.20	13.85	6.84
Purchases of Investments	-0.51	0.00	-10.00	-0.36	-1.78	-208.99	0.00	0.00	0.00
Sales/Maturities of Investments	-15.89	0.00	10.00	-15.71	-4.15	208.99	0.00	0.00	0.69
Other Investing Activities	0.54	-12.29	-16.84	0.01	4.50	4.72	-0.76	12.44	6.35
Net Cash from Investing Activities	-115.44	-76.61	-289.44	-176.19	-91.82	-48.42	-79.58	-98.83	-73.79
Financing Activities
Debt Repayment	-474.56	-86.59	-26.08	-448.98	217.58	99.45	27.28	68.70	0.00
Common Stock Repurchased	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-34.22
Dividends Paid	-174.80	-175.05	-175.43	-179.59	-336.82	-143.62	-120.65	-171.79	-124.99
Other Financing Activities	0.66	0.30	86.08	-15.16	-10.85	0.32	-13.48	-2.25	-26.22
Net Cash from Financing Activities	-264.41	-261.34	-115.44	-121.48	-130.09	-43.85	-106.84	-105.34	-185.43
Summary
Effect of Forex Changes on Cash	0.07	-0.66	0.98	-5.78	15.85	1.55	0.48	0.39	-0.19
Net Change in Cash	-19.15	-17.47	8.42	-191.63	-35.51	240.65	19.20	-0.15	-31.00
Cash at Beginning of Period	72.72	90.19	81.77	273.40	308.91	68.27	49.07	49.22	80.22
Cash at End of Period	53.57	72.72	90.19	81.77	273.40	308.91	68.27	49.07	49.22
Free Cash Flow	257.79	256.82	123.02	-50.97	76.02	278.82	122.12	92.36	178.68
Supplemental Disclosures
Interest Paid	91.90	99.68	96.91	80.57	68.43	-	-	-	-
Income Taxes Paid	156.75	111.00	103.09	94.16	55.40	-	-	-	-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Cementos Pacasmayo S.A.A. Cash Flow

What is Cementos Pacasmayo S.A.A.'s free cash flow?

Cementos Pacasmayo S.A.A. generated free cash flow of PEN 257.79M in fiscal 2025 (fiscal year ended Dec 31, 2025), operating cash flow of PEN 360.63M minus PEN 102.83M of capital expenditures. That was up 0.4% from PEN 256.82M a year earlier. Free cash flow equaled 12.2% of revenue.

How much does Cementos Pacasmayo S.A.A. spend on capital expenditures?

Cementos Pacasmayo S.A.A. spent PEN 102.83M on capital expenditures in fiscal 2025, compared with PEN 64.32M a year earlier. That equals 28.5% of operating cash flow.

Does Cementos Pacasmayo S.A.A. pay dividends or buy back shares?

Yes. In fiscal 2025 Cementos Pacasmayo S.A.A. returned PEN 174.80M in dividends to shareholders, according to its cash flow statement.

What is free cash flow?

Free cash flow is operating cash flow minus capital expenditures. It is the cash a company has left for dividends, buybacks, debt repayment or acquisitions after funding its operations and investment. Full definition