Altus Property Ventures Cash Flow Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	160.06	152.8	139.13	107.96	64.84	21.96
Depreciation & Amortization	12.39	10.83	10.58	11.39	8.67	24.25
Change in Accounts Receivable	-4.52	-9.2	1.82	35.64	-31.41	8.05
Change in Accounts Payable	-17.73	-5.32	13.72	7.66	15.07	-2.99
Change in Other Net Operating Assets	10.97	8.47	-2.99	3.51	11.56	-0.02
Other Operating Activities	0.93	0.11	-1.74	1.16	2.29	-1.61
Operating Cash Flow	162.09	157.69	160.52	167.31	71.02	49.63
Operating Cash Flow Growth	-12.71%	-1.76%	-4.06%	135.58%	43.09%	-78.07%
Acquisition of Real Estate Assets	-25.65	-19.12	-1.72	-7.47	-5.76	-6.34
Net Sale / Acq. of Real Estate Assets	-25.65	-19.12	-1.72	-7.47	-5.76	-6.34
Investing Cash Flow	-25.65	-19.12	-1.72	-7.47	-5.76	-6.34
Net Cash Flow	136.44	138.58	158.79	159.84	65.26	43.29
Cash Income Tax Paid	34.14	32.6	29.2	27.27	14.4	-
Levered Free Cash Flow	103.44	84.66	106.67	132.74	58.67	52.62
Unlevered Free Cash Flow	104.27	85.04	106.83	132.89	58.75	52.77
Change in Working Capital	-11.28	-6.05	12.54	46.81	-4.78	5.04

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.