VM Investments 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	165.98	555.72	198.84	716.59	440.03
Depreciation & Amortization, Total	28.77	29.25	27.33	36.59	28.71
Gain (Loss) On Sale of Investments	-1,092	-1,435	-931.58	-735.15	-651.87
Change in Accounts Receivable	-25.47	-117.39	193	-522.08	1,192
Change in Accounts Payable	-916.64	962	-522.17	1,030	-44.16
Change in Other Net Operating Assets	6,922	1,270	-1,932	-2,506	695.48
Other Operating Activities	-271.06	91.83	-183.28	-22.47	202.38
Operating Cash Flow	4,821	1,410	-3,048	-2,020	1,934
Capital Expenditures	-27.56	-8.74	-0.84	-3.55	-747.72
Sale (Purchase) of Intangibles	-18.18	-114.6	-12.49	-170.22	-6.46
Investment in Securities	-4,004	-476.94	48.19	648.25	-4,264
Other Investing Activities	64.64	76.39	77.25	33.05	5.88
Investing Cash Flow	-3,936	-485.92	153.11	532.67	-5,058
Long-Term Debt Issued	1,781	1,670	6,630	2,382	3,957
Long-Term Debt Repaid	-3,235	-1,878	-5,423	-437.19	-1,507
Net Debt Issued (Repaid)	-1,454	-207.64	1,207	1,945	2,450
Common Dividends Paid	-185.48	-127.5	-	-	-232.5
Other Financing Activities	-43.62	-	1,366	-8.54	-
Financing Cash Flow	-1,683	-335.14	2,574	1,936	2,217
Foreign Exchange Rate Adjustments	9.96	2.36	6.87	-19.85	18.5
Net Cash Flow	-788	591.64	-314.59	428.69	-887.49
Free Cash Flow	4,793	1,402	-3,049	-2,024	1,187
Free Cash Flow Growth	242.00%	-	-	-	-
Free Cash Flow Margin	200.88%	59.13%	-182.12%	-86.72%	63.63%
Free Cash Flow Per Share	3.20	0.90	-1.97	-1.31	0.79
Cash Interest Paid	1,505	1,632	1,650	1,137	723.33
Cash Income Tax Paid	-	15.97	-	263.25	281.74

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