Boulevard Holdings Cash Flow Statement

Financials in millions PHP. Fiscal year is June - May.

Millions PHP. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 28, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022	May '21 May 31, 2021
Net Income	-73.7	-93.09	-71.14	-119.17	562.74	-73.07
Depreciation & Amortization	53.99	14.72	14.62	39.64	42.39	40.06
Loss (Gain) From Sale of Assets	70.32	70.32	0.19	-	-1,033	-
Asset Writedown & Restructuring Costs	0.51	0.51	1.53	45.47	0.06	42.9
Loss (Gain) From Sale of Investments	4.63	4.63	-0.81	-25.49	-	-
Provision & Write-off of Bad Debts	-	-	36.39	-	-0.22	5.67
Other Operating Activities	-46.24	-24.06	-31.18	-173.95	63.92	-55.79
Change in Accounts Receivable	-1.43	1.33	-127.43	354.12	-357.17	-0.09
Change in Inventory	0.08	-0.02	-0.04	-0.04	-0.07	0.18
Change in Accounts Payable	14.5	-26.68	-30.57	42.44	36.21	5.64
Change in Other Net Operating Assets	-53.59	-15.71	165.1	-96.54	-54.07	-38.68
Operating Cash Flow	-30.93	-68.05	-43.33	66.48	-739.4	-73.18
Capital Expenditures	-65.13	-45.88	-121.03	-123.23	-4.49	-
Sale of Property, Plant & Equipment	0.08	0.08	-	-	-	-
Sale (Purchase) of Real Estate	-	-	-	-	1,271	-
Investment in Securities	-	-	-	-300	-	-
Investing Cash Flow	-65.05	-45.8	-121.03	-436.23	1,267	-
Short-Term Debt Issued	-	7.21	1.78	-	69.72	-
Total Debt Issued	7.21	7.21	1.78	-	69.72	-
Short-Term Debt Repaid	-	-	-	-63.09	-	-0.6
Long-Term Debt Repaid	-	-0.2	-	-	-	-
Total Debt Repaid	-0.2	-0.2	-	-63.09	-	-0.6
Net Debt Issued (Repaid)	7.01	7.01	1.78	-63.09	69.72	-0.6
Issuance of Common Stock	95.36	55.04	20.48	9.95	25.71	74.17
Other Financing Activities	-17.12	-0.25	-	-	-	-
Financing Cash Flow	85.25	61.8	22.26	-53.14	95.43	73.57
Foreign Exchange Rate Adjustments	-0.01	-0.01	0.01	0.01	0.01	-0.01
Net Cash Flow	-10.74	-52.05	-142.09	-422.88	622.76	0.38
Free Cash Flow	-96.06	-113.93	-164.36	-56.75	-743.89	-73.18
Free Cash Flow Margin	-309.36%	-419.75%	-474.45%	-261.64%	-4655.49%	-18611.70%
Free Cash Flow Per Share	-0.01	-0.01	-0.01	-0.01	-0.06	-0.01
Cash Interest Paid	0.25	0.25	-	-	-	-
Cash Income Tax Paid	0.03	0.03	-	110.68	76.29	0.5
Levered Free Cash Flow	-50.42	-104.07	-198.48	-21.59	-437.43	-98.09
Unlevered Free Cash Flow	-50.26	-103.92	-198.48	-21.03	-436.7	-97.32
Change in Working Capital	-40.44	-41.08	7.06	299.98	-375.1	-32.94

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