Centro Escolar University 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	Nov '25 Nov 30, 2025	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	690.37	683.09	613.86	392.65	116.47	248.38
Depreciation & Amortization	148.87	146.9	102.78	122.13	102.51	114.32
Loss (Gain) From Sale of Assets	0	0	0.66	0.08	0	-
Provision & Write-off of Bad Debts	27.44	27.44	40.82	17.93	11.86	-
Other Operating Activities	-24.5	-24.5	19.89	6.06	10.63	35.63
Change in Accounts Receivable	86.51	-5.71	-2.11	-78.22	-71.35	707.32
Change in Inventory	-8.19	-3.41	-8.66	-4.69	-4.13	0.39
Change in Accounts Payable	54.49	28.38	82.95	122.89	88.76	-631.45
Change in Unearned Revenue	-25.9	95.48	-8.59	11.25	33.1	-533.73
Change in Other Net Operating Assets	-56.64	-0.19	-24.7	0.18	-20.77	-51.77
Operating Cash Flow	893.66	947.48	816.9	590.25	267.08	-110.91
Operating Cash Flow Growth	6.00%	15.98%	38.40%	121.00%	-	-
Capital Expenditures	-112.77	-151.02	-141.38	-121.87	-17.87	-47.61
Investment in Securities	-27.67	-20.72	-450	-	-	-
Other Investing Activities	0.1	-	-	-	0.01	0.91
Investing Cash Flow	-140.33	-171.75	-591.38	-121.87	-17.87	-46.7
Long-Term Debt Repaid	-	-24	-24	-24	-24	-
Total Debt Repaid	-24	-24	-24	-24	-24	-24
Net Debt Issued (Repaid)	-24	-24	-24	-24	-24	-24
Common Dividends Paid	-426.74	-426.74	-203.95	-219	-144.35	-2.39
Financing Cash Flow	-450.74	-450.74	-227.95	-243	-168.35	-26.39
Foreign Exchange Rate Adjustments	0.6	0.6	0.08	4	0.68	-0.87
Net Cash Flow	303.18	325.59	-2.35	229.39	81.54	-184.87
Free Cash Flow	780.89	796.46	675.52	468.38	249.2	-158.52
Free Cash Flow Growth	24.02%	17.90%	44.22%	87.95%	-	-
Free Cash Flow Margin	31.51%	32.58%	27.99%	24.77%	19.07%	-13.11%
Free Cash Flow Per Share	1.75	1.78	1.51	1.05	0.56	-0.35
Cash Interest Paid	-	-	-	-	1.83	-
Cash Income Tax Paid	92.65	92.65	43.92	0.86	4.26	0.12
Levered Free Cash Flow	728.68	755.88	729.4	536.09	204.11	-
Unlevered Free Cash Flow	733.1	760.29	734.4	541.65	211.34	-
Change in Working Capital	51.48	114.55	38.89	51.4	25.61	-509.24

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