KLSE:SHANG 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	41.43	29.25	16.02	-40.71	-91.75
Depreciation & Amortization	46.01	44.46	45.88	49.08	54.68
Loss (Gain) From Sale of Assets	-0.13	0.02	0.04	0.12	-0.06
Asset Writedown & Restructuring Costs	3.45	0.15	0.08	0.01	0.03
Loss (Gain) on Equity Investments	1.12	6.17	17.66	4.5	22.14
Other Operating Activities	29.78	33.65	33.73	25.15	-34.21
Change in Accounts Receivable	3.24	2.38	-4.09	-12.02	6.93
Change in Inventory	0.1	-0.28	-0.25	-0.21	0.27
Change in Accounts Payable	3.97	13.11	-0.27	24	-9.13
Change in Unearned Revenue	2.7	2.83	2.24	1.56	-0.47
Operating Cash Flow	131.66	131.73	111.04	51.48	-51.57
Operating Cash Flow Growth	-0.05%	18.63%	115.70%	-	-
Capital Expenditures	-47.83	-38.9	-24.76	-14.08	-5.59
Sale of Property, Plant & Equipment	0.17	0.14	0.14	0.01	0.05
Sale (Purchase) of Real Estate	-2.27	-9.22	-	-	-
Investment in Securities	-	-6.35	-9.41	-	-
Other Investing Activities	1.69	1.34	0.66	0.28	1.41
Investing Cash Flow	-48.25	-53	-33.37	-13.78	-4.13
Short-Term Debt Issued	12.42	21.5	22.66	0.87	7.4
Total Debt Issued	12.42	21.5	22.66	0.87	7.4
Short-Term Debt Repaid	-16.99	-	-	-	-
Long-Term Debt Repaid	-1.48	-1.23	-1.07	-0.64	-0.82
Total Debt Repaid	-18.47	-1.23	-1.07	-0.64	-0.82
Net Debt Issued (Repaid)	-6.04	20.27	21.6	0.22	6.58
Common Dividends Paid	-35.2	-44	-	-	-
Other Financing Activities	-13.07	-14.9	-13.47	-6.1	-2.44
Financing Cash Flow	-54.32	-38.63	8.12	-5.87	4.14
Net Cash Flow	29.1	40.1	85.79	31.82	-51.56
Free Cash Flow	83.83	92.83	86.28	37.4	-57.16
Free Cash Flow Growth	-9.69%	7.59%	130.70%	-	-
Free Cash Flow Margin	15.41%	17.34%	17.13%	10.29%	-44.40%
Free Cash Flow Per Share	0.19	0.21	0.20	0.09	-0.13
Cash Interest Paid	12.77	14.9	13.47	6.1	2.44
Cash Income Tax Paid	5.22	4.67	2.55	1.12	1.99
Levered Free Cash Flow	46.97	58.68	55.04	50.42	-23.87
Unlevered Free Cash Flow	54.96	67.99	63.46	54.23	-22.35
Change in Working Capital	10	18.03	-2.37	13.33	-2.39

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