KLSE:99SMART Cash Flow Statement

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

Millions MYR. 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	607.29	465.39	400.23	326.67	419.09
Depreciation & Amortization	277.11	245.98	222.2	209.01	189.4
Loss (Gain) From Sale of Assets	-0.7	-0.82	-0.35	-0.02	-0.04
Asset Writedown & Restructuring Costs	0.41	-	0.01	-	-
Other Operating Activities	-21.88	4.18	10.89	3.74	-5.76
Change in Accounts Receivable	-81.54	-109.03	-6.88	-5.79	-14.1
Change in Inventory	-110.12	-151.88	-95.69	-300.58	-83.64
Change in Accounts Payable	232.18	33.72	224.43	174.48	64.14
Change in Unearned Revenue	0.54	0.91	-0.22	-1.07	1.61
Change in Other Net Operating Assets	-	-	-12.81	-4.56	1.48
Operating Cash Flow	903.28	488.45	741.81	401.87	572.19
Operating Cash Flow Growth	84.93%	-34.15%	84.59%	-29.77%	13.29%
Capital Expenditures	-173.29	-170.73	-160.21	-102.34	-96.02
Sale of Property, Plant & Equipment	1.47	1.31	0.35	0.09	0.04
Sale (Purchase) of Intangibles	-0	-0	-0.01	-	-
Investment in Securities	-276.99	-479.01	-	321.32	-320
Other Investing Activities	29.61	3.84	0.81	-3.72	4.26
Investing Cash Flow	-419.2	-644.59	-159.06	215.35	-411.73
Short-Term Debt Issued	-	-	4	-	7.13
Long-Term Debt Issued	-	-	0.41	10.42	7.38
Total Debt Issued	-	-	4.41	10.42	14.51
Short-Term Debt Repaid	-	-0.41	-	-7.6	-
Long-Term Debt Repaid	-183.27	-209.06	-144.14	-126.96	-121.11
Total Debt Repaid	-183.27	-209.47	-144.14	-134.56	-121.11
Net Debt Issued (Repaid)	-183.27	-209.47	-139.73	-124.14	-106.6
Issuance of Common Stock	-	660	-	-	-
Common Dividends Paid	-357	-200	-390.5	-431.8	-154.3
Other Financing Activities	-	-12.84	-	-	-
Financing Cash Flow	-561.27	237.69	-530.23	-555.94	-260.9
Foreign Exchange Rate Adjustments	-0.04	-0.03	-0	-	-
Net Cash Flow	-77.23	81.52	52.52	61.29	-100.44
Free Cash Flow	729.99	317.72	581.6	299.54	476.17
Free Cash Flow Growth	129.76%	-45.37%	94.16%	-37.09%	9.39%
Free Cash Flow Margin	6.39%	3.18%	6.31%	3.71%	6.08%
Free Cash Flow Per Share	0.09	0.04	0.07	1.01	1.92
Cash Interest Paid	47.01	44.25	43.36	41.5	43.48
Cash Income Tax Paid	198.3	167.49	140.52	161.75	151.42
Levered Free Cash Flow	608.44	166.11	611.52	287.42	413.83
Unlevered Free Cash Flow	638.39	194.25	639.04	313.36	441.01
Change in Working Capital	41.06	-226.28	108.83	-137.52	-30.51

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