FRA:VZS 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	5.82	5.47	1.9	-88.6	30.11	8.34
Depreciation & Amortization	37.03	35.9	41.26	43.64	47.18	47.09
Loss (Gain) From Sale of Assets	-0.35	-0.41	-0.2	-0.4	-16.61	-0.22
Asset Writedown & Restructuring Costs	0	0	-	99.36	-	-
Loss (Gain) on Equity Investments	-4.5	-4.9	-5.13	-7.52	-2.41	-1.88
Provision & Write-off of Bad Debts	0.18	0.17	0.59	0.08	-0.03	0.47
Other Operating Activities	6.21	9.9	10.51	9.22	6.69	2.79
Change in Accounts Receivable	-0.79	-1.09	-2.74	1.13	-2.98	5.93
Change in Inventory	-0.04	-0.07	0.2	-0.27	0.15	0.05
Change in Accounts Payable	-3.29	-9.86	2.32	-7.7	-3.43	2.67
Change in Other Net Operating Assets	1.18	-0.81	-0.1	-	-0.17	-0.39
Operating Cash Flow	41.45	34.31	48.61	48.94	58.5	64.84
Operating Cash Flow Growth	-5.10%	-29.42%	-0.68%	-16.35%	-9.78%	25.16%
Capital Expenditures	-13.46	-14.5	-14.16	-16.03	-26.07	-30.42
Sale of Property, Plant & Equipment	1.37	1.26	0.33	0.59	0.77	0.17
Cash Acquisitions	-3.21	-3.21	3.58	-2	-1	-26.16
Divestitures	-	-	-	-	21.21	-
Sale (Purchase) of Intangibles	-	-	-	-	0.09	-
Sale (Purchase) of Real Estate	-	-	-	-	-	1.21
Investment in Securities	0.35	-6.64	-0.01	-	-	-
Other Investing Activities	8.19	8.3	9.91	10.89	2.14	1.42
Investing Cash Flow	-6.76	-14.79	-0.35	-6.54	-2.85	-53.77
Long-Term Debt Issued	-	-	-	10.9	17.56	37.49
Long-Term Debt Repaid	-	-27.14	-72.87	-36.41	-34.15	-30.75
Net Debt Issued (Repaid)	-32.33	-27.14	-72.87	-25.5	-16.59	6.74
Other Financing Activities	-11.09	-11.68	-14.65	-17.5	-7.41	-8.28
Financing Cash Flow	-43.42	-38.82	-87.52	-43.01	-24	-1.54
Foreign Exchange Rate Adjustments	1.15	0.63	-0.74	-0.71	0.41	-0.5
Net Cash Flow	-7.58	-18.67	-40	-1.32	32.07	9.03
Free Cash Flow	27.99	19.8	34.44	32.91	32.43	34.43
Free Cash Flow Growth	-12.41%	-42.51%	4.67%	1.47%	-5.79%	-
Free Cash Flow Margin	15.41%	11.45%	19.27%	17.73%	16.34%	18.52%
Free Cash Flow Per Share	0.01	0.01	0.01	0.01	0.01	0.01
Cash Interest Paid	10.56	11.56	14.21	9.72	7.8	9.06
Cash Income Tax Paid	1.94	1.79	2	0.63	3.54	0.88
Levered Free Cash Flow	37.56	28.72	39.68	19.17	19.64	15.35
Unlevered Free Cash Flow	44.07	35.92	48.22	25.56	24.3	20.1
Change in Working Capital	-2.94	-11.83	-0.32	-6.85	-6.44	8.26

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