Axelum Resources 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	986.07	688.36	-818.04	983.52	715.33	526.41
Depreciation & Amortization	303.47	304.65	271.08	239.58	226.53	245.25
Loss (Gain) From Sale of Investments	-	-	-	-	-	-16.59
Provision & Write-off of Bad Debts	1.11	1.11	0.25	0.59	0.4	-
Other Operating Activities	163.77	121.72	303.61	75.2	4.01	115.63
Change in Accounts Receivable	-918.16	-852.54	105.15	-67.54	-165.72	-83.39
Change in Inventory	-187.09	87.22	148.68	-474.4	-778.6	-214.33
Change in Accounts Payable	210.87	293.61	-50.19	-22.87	121.33	108.69
Change in Other Net Operating Assets	-99.01	-92.72	166.63	92.94	42.14	-23.19
Operating Cash Flow	461.02	551.4	127.18	827.01	165.41	658.47
Operating Cash Flow Growth	1.77%	333.57%	-84.62%	399.97%	-74.88%	-45.32%
Capital Expenditures	-346.7	-236.07	-200.07	-679.64	-199.48	-426.28
Sale of Property, Plant & Equipment	-	-	1.27	-	-	-
Sale (Purchase) of Real Estate	-	-	-0.12	-	-	-
Investment in Securities	-	-	-	-	-95.95	263.53
Other Investing Activities	0.22	-0.23	-21.09	-253.65	-18.29	-0.33
Investing Cash Flow	-346.48	-236.3	-220.02	-933.3	-313.72	-163.07
Long-Term Debt Issued	-	3,517	3,058	3,179	2,144	2,419
Long-Term Debt Repaid	-	-3,478	-2,803	-2,874	-2,814	-3,090
Net Debt Issued (Repaid)	247.1	38.8	254.67	304.54	-670.65	-670.87
Issuance of Common Stock	-	-	498	-	-	-
Repurchase of Common Stock	-	-	-	-40.75	-331.83	-211.14
Common Dividends Paid	-205.92	-	-	-	-	-120
Other Financing Activities	4.14	-3.51	-	-	-27.92	-65.01
Financing Cash Flow	45.32	35.29	752.67	263.78	-1,030	-1,067
Foreign Exchange Rate Adjustments	39.58	34.7	-1.13	-20.45	43.74	-0.35
Net Cash Flow	199.45	385.08	658.69	137.05	-1,135	-571.98
Free Cash Flow	114.32	315.33	-72.89	147.37	-34.07	232.2
Free Cash Flow Growth	-65.99%	-	-	-	-	-51.95%
Free Cash Flow Margin	1.17%	4.29%	-1.28%	2.09%	-0.54%	4.49%
Free Cash Flow Per Share	0.03	0.08	-0.02	0.04	-0.01	0.06
Cash Interest Paid	101	84.34	64.12	36.24	34.08	75.79
Cash Income Tax Paid	-	17.74	33.43	209.14	175.31	23.94
Levered Free Cash Flow	-442.91	-58.08	425.12	-211.77	-330.27	-38.08
Unlevered Free Cash Flow	-393.01	-14.05	460.61	-194.62	-308.97	8.16
Change in Working Capital	-993.39	-564.44	370.27	-471.87	-780.86	-212.22

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