Ayala Corporation (PSE:AC)
Philippines · Delayed Price · Currency is PHP 560.00
+3.00 (0.54%)
At close: Nov 13, 2026
Ayala Cash Flow Statement
Financials in millions PHP. Fiscal year is January - December.
Millions PHP. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 | 51,437 | 61,428 | 42,026 | 38,073 | 27,398 | 27,774 |
Depreciation & Amortization | 19,261 | 17,905 | 17,143 | 14,481 | 15,672 | 15,430 |
Other Amortization | 626.25 | 626.25 | 878.64 | 932.37 | 873.77 | 530.23 |
Loss (Gain) From Sale of Assets | -1,783 | -121.04 | -464.44 | -95.18 | 86.23 | -117.57 |
Asset Writedown & Restructuring Costs | 2,541 | 2,010 | 3,215 | 5,942 | 311.35 | 267.74 |
Loss (Gain) From Sale of Investments | -12,732 | -21,591 | -661.43 | 2,478 | 604.87 | -4,949 |
Loss (Gain) on Equity Investments | -44,296 | -46,750 | -44,308 | -46,633 | -36,129 | -23,684 |
Stock-Based Compensation | 50.77 | 64.16 | 128.43 | 114.65 | 94.12 | 90.71 |
Provision & Write-off of Bad Debts | 7,220 | 9,668 | 3,011 | 1,719 | 1,701 | 918.84 |
Other Operating Activities | 30,018 | 25,046 | 20,912 | 22,039 | 18,880 | 9,260 |
Change in Accounts Receivable | -29,623 | -33,532 | -21,976 | -4,753 | -14,510 | 1,619 |
Change in Inventory | -13,167 | -16,569 | -10,085 | -22,106 | -19,292 | -5,736 |
Change in Accounts Payable | 15,305 | 30,119 | 10,628 | 20,259 | 20,234 | -9,236 |
Change in Other Net Operating Assets | -13,752 | -8,644 | -13,079 | -17,973 | 2,795 | -6,430 |
Operating Cash Flow | 11,106 | 19,660 | 7,369 | 14,476 | 18,719 | 6,150 |
Operating Cash Flow Growth | -22.68% | 166.78% | -49.10% | -22.66% | 204.35% | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Capital Expenditures | -41,668 | -37,162 | -45,089 | -41,302 | -32,988 | -14,087 |
Sale of Property, Plant & Equipment | 7,268 | 7,271 | 6,625 | 2,414 | - | 1,204 |
Cash Acquisitions | 296.05 | -165.85 | -3,779 | -309.2 | 2,424 | -1,345 |
Divestitures | -21,504 | -1,262 | -120.15 | -327.69 | 5,495 | - |
Sale (Purchase) of Intangibles | -1,079 | -1,161 | -675.39 | -1,065 | -499.14 | -690.77 |
Sale (Purchase) of Real Estate | -33,711 | -28,930 | -20,128 | -14,689 | -18,931 | -24,063 |
Investment in Securities | 15,013 | 22,395 | -22,611 | 1,645 | -32,550 | -12,054 |
Other Investing Activities | 11,694 | -3,278 | 21,438 | -1,676 | 8,237 | -21,365 |
Investing Cash Flow | -63,692 | -42,292 | -64,339 | -55,310 | -68,812 | -72,400 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Long-Term Debt Issued | - | 405,384 | 422,542 | 212,352 | 305,960 | 332,063 |
Long-Term Debt Repaid | - | -376,075 | -354,491 | -175,492 | -245,152 | -308,334 |
Lease Payments | -5,271 | -3,304 | -2,776 | -2,971 | -3,030 | -3,247 |
Net Debt Issued (Repaid) | 76,896 | 29,309 | 68,051 | 36,860 | 60,807 | 23,729 |
Issuance of Common Stock | 306.77 | 278.95 | 2,467 | 224.2 | 205.46 | 372.25 |
Repurchase of Common Stock | -950.85 | -1,924 | - | - | -688.29 | -5,777 |
Dividends Paid | -12,776 | -11,298 | -10,013 | -9,342 | -8,183 | -7,490 |
Other Financing Activities | -23,203 | -22,776 | -3,677 | 10,948 | -17,461 | 31,419 |
Financing Cash Flow | 40,115 | 13,432 | 56,709 | 41,691 | 34,681 | 42,253 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 198.79 | 600.71 | 978.48 | 79.66 | -1,224 | 391.5 |
Net Cash Flow | -12,272 | -8,600 | 717.51 | 936.85 | -16,637 | -23,605 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | -30,562 | -17,502 | -37,720 | -26,826 | -14,270 | -7,936 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -7.68% | -4.56% | -10.19% | -7.85% | -4.65% | -3.10% |
Free Cash Flow Per Share | -49.28 | -28.11 | -60.72 | -43.30 | -23.01 | -12.73 |
Levered Free Cash Flow | -13,697 | 11,868 | 362.99 | -23,873 | -7,844 | 49,524 |
Unlevered Free Cash Flow | 9,661 | 34,124 | 20,050 | -7,169 | 7,460 | 63,340 |
Free Cash Flow After Leases | -35,832 | -20,807 | -40,496 | -29,797 | -17,299 | -11,183 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Cash Interest Paid | 39,542 | 38,866 | 31,221 | 27,997 | 27,531 | 27,464 |
Cash Income Tax Paid | 9,637 | 11,011 | 7,938 | 9,893 | 7,480 | 8,951 |
Change in Working Capital | -41,237 | -28,626 | -34,512 | -24,573 | -10,773 | -19,783 |