Tangerine Beach Hotels Cash Flow Statement

Financials in millions LKR. Fiscal year is April - March.

Millions LKR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	248.02	66.32	77.42	-200.76	-100.91	-209.46
Depreciation & Amortization	79.65	77.87	74.77	73.83	72.76	77.05
Other Amortization	0.29	0.29	0.29	0.33	0.4	0.39
Loss (Gain) From Sale of Assets	-	-5.2	-	-	-2.73	-2.04
Asset Writedown & Restructuring Costs	-0.57	4.18	2.94	-	-	-
Loss (Gain) on Equity Investments	-54.49	-4.56	-48.04	30.41	6.33	36.61
Provision & Write-off of Bad Debts	-0.12	-0.12	0.14	0.44	-1.7	0.31
Other Operating Activities	3.06	-9.67	-59.09	0.65	-25.27	-49.58
Change in Accounts Receivable	-67.01	114.71	-171.22	-58.74	-42.32	111.9
Change in Inventory	-9.76	2.16	-4.61	-12.1	-6.27	-0.07
Change in Accounts Payable	33.3	11.14	24.5	44.63	10.91	-32
Operating Cash Flow	232.37	257.12	-102.91	-121.31	-88.8	-66.89
Operating Cash Flow Growth	32.50%	-	-	-	-	-
Capital Expenditures	-120.11	-171.63	-40.82	-78.4	-10.9	-30.05
Sale of Property, Plant & Equipment	-	5.2	-	-	3.66	2.88
Sale (Purchase) of Intangibles	-	-	-0.8	-	-	-0.63
Investment in Securities	-151.2	-17.21	229.8	52.12	101.32	-0.55
Other Investing Activities	15	9.13	78.32	58.03	26.77	53.79
Investing Cash Flow	-256.31	-144.52	266.5	31.76	120.85	25.44
Long-Term Debt Issued	-	-	-	-	-	25
Long-Term Debt Repaid	-	-9.8	-17.8	-5.56	-6.56	-1.56
Net Debt Issued (Repaid)	-13.52	-9.8	-17.8	-5.56	-6.56	23.44
Financing Cash Flow	-13.52	-9.8	-17.8	-5.56	-6.56	23.44
Foreign Exchange Rate Adjustments	4.62	-4.36	-6.25	-0.08	12.75	0.61
Net Cash Flow	-32.84	98.44	139.54	-95.2	38.24	-17.39
Free Cash Flow	112.26	85.49	-143.73	-199.72	-99.7	-96.94
Free Cash Flow Growth	504.77%	-	-	-	-	-
Free Cash Flow Margin	9.67%	8.08%	-14.90%	-35.09%	-31.03%	-72.63%
Free Cash Flow Per Share	5.62	4.27	-7.19	-9.99	-4.99	-4.85
Cash Interest Paid	1.89	1.84	0.58	0.81	0.89	0.54
Cash Income Tax Paid	0.35	0.48	4.53	9.77	6.09	10.98
Levered Free Cash Flow	39.2	62.42	-139	-141.66	-46.77	7.3
Unlevered Free Cash Flow	40.89	64.15	-137.96	-140.67	-45.69	7.69
Change in Working Capital	-43.46	128.01	-151.33	-26.21	-37.69	79.84

Source: S&P Global Market Intelligence. Standard template. Financial Sources.