Axelum Resources 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	849.59	688.36	-818.04	983.52	715.33
Depreciation & Amortization	298.04	304.65	271.08	239.58	226.53
Loss (Gain) From Sale of Assets	0.71	-	-0.11	-	-
Provision & Write-off of Bad Debts	3.39	1.11	0.25	0.59	0.4
Other Operating Activities	119.53	121.72	303.72	75.2	4.01
Change in Accounts Receivable	52.29	-852.54	105.15	-67.54	-165.72
Change in Inventory	-459.65	87.22	148.68	-474.4	-778.6
Change in Accounts Payable	291.83	293.61	-50.19	-22.87	121.33
Change in Other Net Operating Assets	114.15	-92.72	166.63	92.94	42.14
Operating Cash Flow	1,270	551.4	127.18	827.01	165.41
Operating Cash Flow Growth	130.30%	333.57%	-84.62%	399.97%	-74.88%
Capital Expenditures	-297.51	-180.28	-200.2	-679.64	-199.48
Sale of Property, Plant & Equipment	0.02	-	1.27	-	-
Sale (Purchase) of Real Estate	-23.95	-	-	-	-
Investment in Securities	-	-	-	-	-95.95
Other Investing Activities	-0.47	-56.03	-21.09	-253.65	-18.29
Investing Cash Flow	-321.91	-236.3	-220.02	-933.3	-313.72
Long-Term Debt Issued	4,288	3,517	3,058	3,179	2,144
Long-Term Debt Repaid	-4,313	-3,478	-2,803	-2,874	-2,814
Net Debt Issued (Repaid)	-25.67	38.8	254.67	304.54	-670.65
Issuance of Common Stock	-	-	498	-	-
Repurchase of Common Stock	-	-	-	-40.75	-331.83
Common Dividends Paid	-205.92	-	-	-	-
Other Financing Activities	-4.41	-3.51	-	-	-27.92
Financing Cash Flow	-236	35.29	752.67	263.78	-1,030
Foreign Exchange Rate Adjustments	33.74	34.7	-1.13	-20.45	43.74
Net Cash Flow	745.72	385.08	658.69	137.05	-1,135
Free Cash Flow	972.38	371.13	-73.02	147.37	-34.07
Free Cash Flow Growth	162.01%	-	-	-	-
Free Cash Flow Margin	9.54%	5.05%	-1.29%	2.09%	-0.54%
Free Cash Flow Per Share	0.26	0.10	-0.02	0.04	-0.01
Cash Interest Paid	100.77	84.34	64.12	36.24	34.08
Cash Income Tax Paid	117.88	17.74	33.43	209.14	175.31
Levered Free Cash Flow	419.37	-10.97	419.66	-217.81	-330.27
Unlevered Free Cash Flow	483.11	41.75	460.49	-194.62	-308.97
Change in Working Capital	-1.38	-564.44	370.27	-471.87	-780.86

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