Pan Jamaica Group Cash Flow Statement

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

Millions JMD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	6,280	4,579	2,516	2,694	7,203
Depreciation & Amortization	2,972	2,649	2,226	90.22	36.76
Other Amortization	66.07	169.03	23.22	8.75	3.43
Gain (Loss) on Sale of Assets	-11.06	-326.54	-	-0.57	-1.58
Gain (Loss) on Sale of Investments	914.65	-198.11	1,545	-473.21	-1,638
Asset Writedown	-172.04	-125.5	-503.36	-463.18	-254.44
Stock-Based Compensation	1.04	4.68	-	34.14	54.66
Income (Loss) on Equity Investments	-5,633	-3,205	-4,166	-2,910	-5,455
Change in Accounts Receivable	-373.09	-514.37	-	-110.05	-
Change in Other Net Operating Assets	1,356	558.37	-640.49	426.33	-188.96
Other Operating Activities	3,140	2,345	2,759	663.17	809.4
Operating Cash Flow	8,193	6,322	4,057	1,561	1,138
Operating Cash Flow Growth	29.60%	55.85%	159.87%	37.14%	18.00%
Acquisition of Real Estate Assets	-3,623	-3,702	-5,466	-2,212	-2,687
Sale of Real Estate Assets	18.92	464.46	2.05	0.57	2.8
Net Sale / Acq. of Real Estate Assets	-3,605	-3,237	-5,464	-2,211	-2,684
Cash Acquisition	-371.51	-	10,211	-	-
Investment in Marketable & Equity Securities	-1,337	460.88	-33.73	1,871	2,741
Other Investing Activities	2,840	2,217	1,825	1,926	1,374
Investing Cash Flow	-2,531	-558.08	7,668	1,585	1,426
Long-Term Debt Issued	1,726	5,852	5,461	3,428	-
Long-Term Debt Repaid	-2,499	-6,930	-1,307	-3,101	-105.69
Net Debt Issued (Repaid)	-773.19	-1,079	4,154	327.19	-105.69
Issuance of Common Stock	63.01	34.67	105.48	69.93	72.99
Repurchase of Common Stock	-66.53	-594.42	-817.91	-78.45	-81.23
Common Dividends Paid	-1,152	-730.81	-767.34	-1,192	-759.94
Other Financing Activities	-2,165	-1,922	-2,048	-997.74	-884.39
Foreign Exchange Rate Adjustments	201.63	54.02	133.03	-40.77	116.95
Miscellaneous Cash Flow Adjustments	-	-	-0	-	-
Net Cash Flow	1,770	1,527	12,484	931.18	923.1
Cash Interest Paid	1,593	1,365	1,297	997.74	884.39
Cash Income Tax Paid	778.71	760.97	532	141.69	64.29
Levered Free Cash Flow	5,086	981.63	1,722	-2,042	3,057
Unlevered Free Cash Flow	6,138	2,012	2,582	-1,404	3,626
Change in Working Capital	636.79	431.52	-343.12	1,917	380.74

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.