PSE:AT Cash Flow Statement

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

Millions PHP. 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	-248.15	-231.05	1,118	3,218	3,862
Depreciation & Amortization	5,057	5,448	4,613	4,162	4,267
Other Amortization	15.69	15.47	16.75	211.26	120.25
Loss (Gain) From Sale of Assets	20.57	11.86	0.59	22.01	90.59
Asset Writedown & Restructuring Costs	-	-	-	-	-428.73
Loss (Gain) From Sale of Investments	-11.97	-14.18	-14.96	-5.28	-1.37
Loss (Gain) on Equity Investments	45.19	30.12	33.82	-123.59	-222.01
Other Operating Activities	663.35	-660.62	-116.05	-2,360	67.74
Change in Accounts Receivable	-540.84	480.67	-183.85	666.34	1,080
Change in Inventory	62.46	2.92	43.83	1,249	-183.9
Change in Accounts Payable	-1,047	154.67	45.42	1,218	-902.95
Change in Other Net Operating Assets	310.21	-1,013	-1,290	-202.29	-212.27
Operating Cash Flow	4,326	4,225	4,266	8,056	7,536
Operating Cash Flow Growth	2.39%	-0.96%	-47.05%	6.89%	13.70%
Capital Expenditures	-2,572	-3,664	-3,010	-2,291	-1,297
Sale of Property, Plant & Equipment	1.34	-	0.52	0.55	0.01
Investment in Securities	-1,658	-	-	-	-
Other Investing Activities	-	-	16.71	-143.23	290.89
Investing Cash Flow	-4,228	-3,664	-2,993	-2,434	-1,006
Long-Term Debt Issued	-	-	-	7,683	8,541
Total Debt Issued	-	-	-	7,683	8,541
Short-Term Debt Repaid	-	-	-	-	-6,630
Long-Term Debt Repaid	-1,320	-2.82	-837.16	-13,295	-8,803
Total Debt Repaid	-1,320	-2.82	-837.16	-13,295	-15,433
Net Debt Issued (Repaid)	-1,320	-2.82	-837.16	-5,612	-6,893
Financing Cash Flow	-1,320	-2.82	-837.16	-5,612	-6,893
Foreign Exchange Rate Adjustments	-16.79	-1.32	9.8	55.63	83.48
Net Cash Flow	-1,239	556.47	445.2	66.21	-278.94
Free Cash Flow	1,754	560.61	1,255	5,765	6,239
Free Cash Flow Growth	212.93%	-55.34%	-78.22%	-7.61%	47.23%
Free Cash Flow Margin	10.58%	3.13%	6.93%	35.68%	36.20%
Free Cash Flow Per Share	0.49	0.16	0.35	1.62	1.75
Cash Interest Paid	582.37	590.41	580.18	681.31	1,217
Cash Income Tax Paid	0.95	639.56	608.8	409.94	494.77
Levered Free Cash Flow	1,505	481.26	1,948	3,286	5,145
Unlevered Free Cash Flow	1,863	844.72	2,302	3,644	5,787
Change in Working Capital	-1,216	-374.86	-1,385	2,932	-218.71

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