Mailpac Group Cash Flow Statement

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

Millions JMD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 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	314.26	248.78	260.14	308.04	397.84	443.08
Depreciation & Amortization	86.77	59.07	29.34	25.66	19.27	14.31
Loss (Gain) From Sale of Assets	0.01	0.01	-	0.88	-	-
Provision & Write-off of Bad Debts	24.47	13.14	-0.51	1.46	-0.02	6.85
Other Operating Activities	42.79	15.71	8.87	8.59	7.96	-13.02
Change in Accounts Receivable	-113.54	-116.25	6.22	6.12	-10.27	-13.8
Change in Accounts Payable	-10.17	29.02	-12.98	-22.89	11.53	14.73
Change in Other Net Operating Assets	-3.14	-0.67	-0.14	7.43	-7.17	-0.84
Operating Cash Flow	341.45	248.81	290.95	335.28	419.14	451.31
Operating Cash Flow Growth	35.83%	-14.48%	-13.22%	-20.01%	-7.13%	12.33%
Capital Expenditures	-125.07	-76.32	-13.49	-50.76	-43.95	-27.44
Sale of Property, Plant & Equipment	-0.26	-	-	0.16	-	-
Investing Cash Flow	-125.33	-76.32	-13.49	-50.6	-43.95	-27.44
Short-Term Debt Issued	-	-	2.25	2.45	-	6.27
Total Debt Issued	-	-	2.25	2.45	-	6.27
Short-Term Debt Repaid	-	-3.03	-	-	-7.1	-16.75
Long-Term Debt Repaid	-	-48.1	-23.49	-20.55	-13.34	-11.16
Total Debt Repaid	-81.9	-51.13	-23.49	-20.55	-20.45	-27.91
Net Debt Issued (Repaid)	-81.9	-51.13	-21.24	-18.1	-20.45	-21.64
Common Dividends Paid	-72.12	-64.97	-266.6	-320.97	-147.58	-99.94
Financing Cash Flow	-154.01	-116.11	-287.84	-437.83	-291	-246.51
Foreign Exchange Rate Adjustments	0.06	-1.47	-0.25	-1.18	-4.36	0.1
Net Cash Flow	62.17	54.92	-10.63	-154.34	79.82	177.47
Free Cash Flow	216.39	172.5	277.46	284.51	375.19	423.88
Free Cash Flow Growth	-0.35%	-37.83%	-2.48%	-24.17%	-11.49%	57.31%
Free Cash Flow Margin	7.22%	6.73%	16.57%	16.87%	20.62%	24.55%
Free Cash Flow Per Share	0.09	0.07	0.11	0.11	0.15	0.17
Cash Income Tax Paid	2.57	-	-	-	-	9.96
Levered Free Cash Flow	210.79	138.41	218.56	193.4	252.48	278.33
Unlevered Free Cash Flow	219.38	143.25	220.93	197.41	255.09	279.28
Change in Working Capital	-126.86	-87.9	-6.9	-9.34	-5.91	0.1

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