CapitaLand Investment Cash Flow Statement

Financials in millions SGD. Fiscal year is January - December.

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	435	479	181	861	1,349	-559
Depreciation & Amortization	139	140	142	146	160	149
Gain (Loss) on Sale of Assets	170	113	-62	-222	-333	-140
Gain (Loss) on Sale of Investments	-3	-	-1	21	-6	13
Asset Writedown	12	7	257	-254	-238	878
Stock-Based Compensation	41	24	55	68	58	18
Income (Loss) on Equity Investments	-608	-620	-273	-531	-1,218	25
Change in Accounts Receivable	-115	-88	-76	-74	-7	-208
Change in Accounts Payable	-37	-65	-137	31	307	-212
Change in Other Net Operating Assets	-39	-34	22	18	-3	-
Other Operating Activities	406	586	577	642	704	201
Operating Cash Flow	409	561	682	735	667	183
Operating Cash Flow Growth	-35.99%	-17.74%	-7.21%	10.20%	264.48%	-42.27%
Acquisition of Real Estate Assets	-126	-173	-725	-1,069	-1,284	-280
Sale of Real Estate Assets	1,232	1,590	69	-	1,403	540
Net Sale / Acq. of Real Estate Assets	1,106	1,417	-656	-1,069	119	260
Cash Acquisition	-321	-144	-47	-242	-1,390	-213
Investment in Marketable & Equity Securities	-873	-325	-344	-86	-35	301
Other Investing Activities	594	504	505	418	2,001	528
Investing Cash Flow	1,346	2,567	-187	-382	1,268	1,068
Short-Term Debt Issued	-	-	56	1	1,260	194
Long-Term Debt Issued	-	6,576	5,474	4,467	6,118	989
Total Debt Issued	5,196	6,576	5,530	4,468	7,378	1,183
Short-Term Debt Repaid	-	-25	-34	-13	-4,537	-5
Long-Term Debt Repaid	-	-8,141	-5,115	-4,350	-2,091	-1,014
Total Debt Repaid	-6,442	-8,166	-5,149	-4,363	-6,628	-1,019
Net Debt Issued (Repaid)	-1,246	-1,590	381	105	750	164
Repurchase of Common Stock	-96	-358	-64	-133	-208	-
Common Dividends Paid	-606	-623	-628	-631	-14	-736
Other Financing Activities	-459	-678	-326	-557	-305	-400
Foreign Exchange Rate Adjustments	-24	-24	-38	-145	-21	42
Miscellaneous Cash Flow Adjustments	2	-	-5	-29	-	3
Net Cash Flow	-674	-145	-185	-1,191	2,137	324
Cash Interest Paid	407	498	481	418	342	365
Cash Income Tax Paid	174	197	154	195	207	143
Levered Free Cash Flow	764.88	502.63	-263	146.38	3,861	265.25
Unlevered Free Cash Flow	1,021	819.5	42	416.38	4,082	500.88
Change in Working Capital	-187	-174	-190	-21	255	-429

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