OUE Limited 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	-165.56	-297.28	165.14	347.27	80.94	-343.38
Depreciation & Amortization	64.71	63.01	60.39	52.31	51.07	48.83
Other Amortization	14.71	14.71	11.22	22.21	-	12.8
Gain (Loss) on Sale of Assets	20.52	20.52	0.16	0.41	0.2	0.39
Gain (Loss) on Sale of Investments	-0.01	0.59	-7.2	2.03	-20.51	46.44
Asset Writedown	153.56	165.45	-4.68	-109.6	92.84	542.43
Income (Loss) on Equity Investments	129.81	176.28	-43.2	-156.96	-231.87	-119.28
Change in Accounts Receivable	11.88	12.54	-8.34	23.07	58.48	-9.98
Change in Accounts Payable	-14.69	-18.2	-2.52	-5.33	-36.65	-61.44
Change in Other Net Operating Assets	7.83	9.04	8.8	0.88	1.49	123.39
Other Operating Activities	30.59	123.38	85.84	20.42	138.38	-17.87
Operating Cash Flow	250.11	265.74	283.87	196.69	130.84	180.74
Operating Cash Flow Growth	-5.60%	-6.39%	44.33%	50.32%	-27.61%	-54.43%
Acquisition of Real Estate Assets	-40.83	-40.16	-55.16	-91.7	-83.49	-31.33
Sale of Real Estate Assets	34.87	36.52	1.6	0.1	950.74	591.44
Net Sale / Acq. of Real Estate Assets	-5.95	-3.64	-53.56	-91.59	867.25	560.1
Cash Acquisition	-9.58	-9.58	-	39.85	-	-
Investment in Marketable & Equity Securities	-44.47	-5.67	-47.48	21.57	-229.55	54.28
Other Investing Activities	22.1	17.98	23.2	95.24	76.43	72.17
Investing Cash Flow	261.48	298.46	-77.88	103.01	714.13	686.56
Long-Term Debt Issued	-	1,560	715	1,755	1,273	1,906
Long-Term Debt Repaid	-	-1,323	-811.03	-1,946	-1,923	-2,429
Net Debt Issued (Repaid)	191.6	236.65	-96.03	-190.99	-650.21	-523.07
Repurchase of Common Stock	-106.53	-108.71	-3.94	-51.59	-13.86	-21.8
Common Dividends Paid	-16.79	-34.44	-22.84	-18.79	-17.53	-9.01
Other Financing Activities	-228.97	-237.08	-227.51	-188.69	-198.16	-195.19
Foreign Exchange Rate Adjustments	-11.78	-1.39	-2.81	-11.16	2.08	-1.04
Net Cash Flow	339.13	419.24	-147.13	-161.51	-32.71	81.18
Cash Interest Paid	120.09	129.03	120.31	95.82	86.32	128.67
Cash Income Tax Paid	32.03	29.57	24.22	40.46	16.77	30.07
Levered Free Cash Flow	156.46	120.61	131.58	173.83	1,358	-910.66
Unlevered Free Cash Flow	228.58	197.88	202.52	224.96	1,419	-847.31
Change in Working Capital	1.44	-0.64	14.51	18.25	19.54	24.43

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