VIV Cash Conversion Ratio

Telefonica Brasil S.A. American Depositary Shares (Each representing One Common Share) · Cash Conversion Ratio

VIV Cash Conversion Ratio

Current (TTM)1.63×retrievedOct 20, 2026

VIV Cash Conversion Ratio (-0.83× → 1.63×)

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VIV cash conversion ratio history

Annual fiscal periods. Dates are reporting period ends; fiscal years can differ from calendar years.

Telefonica Brasil S.A. American Depositary Shares (Each representing One Common Share) Cash Conversion Ratio — Annual fiscal periods

Period ending	Cash Conversion Ratio
Dec 31, 2025	1.8256×
Dec 31, 2024	1.902×
Dec 31, 2023	1.9833×
Dec 31, 2022	2.2149×
Dec 31, 2021	1.4067×
Dec 31, 2020	2.3168×
Dec 31, 2019	1.7762×
Dec 31, 2018	0.3835×
Dec 31, 2017	0.9272×
Dec 31, 2016	0.9718×
Dec 31, 2015	0.9076×
Dec 31, 2014	0.3746×
Dec 31, 2013	1.0062×
Dec 31, 2012	1.2366×
Dec 31, 2011	0.8008×
Dec 31, 2010	1.0029×
Dec 31, 2009	0.9643×
Dec 31, 2008	1.2509×
Dec 31, 2007	1.1591×
Dec 31, 2006	1.1669×
Dec 31, 2005	1.5197×
Dec 31, 2004	1.9565×
Dec 31, 2003	2.3019×
Dec 31, 2002	2.7929×
Dec 31, 2001	-0.7619×
Dec 31, 2000	-1.6968×
Dec 31, 1999	-0.3553×
Dec 31, 1998	-0.8274×