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	2016 - 2020
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	2016 - 2020
Net Income	737.97	683.09	613.86	392.65	116.47	248.38	Upgrade
Depreciation & Amortization	148.87	146.9	102.78	122.13	102.51	114.32	Upgrade
Loss (Gain) From Sale of Assets	0	0	0.66	0.08	0	-	Upgrade
Provision & Write-off of Bad Debts	27.44	27.44	40.82	17.93	11.86	-	Upgrade
Other Operating Activities	-72.1	-24.5	19.89	6.06	10.63	35.63	Upgrade
Change in Accounts Receivable	86.51	-5.71	-2.11	-78.22	-71.35	707.32	Upgrade
Change in Inventory	-8.19	-3.41	-8.66	-4.69	-4.13	0.39	Upgrade
Change in Accounts Payable	54.49	28.38	82.95	122.89	88.76	-631.45	Upgrade
Change in Unearned Revenue	-25.9	95.48	-8.59	11.25	33.1	-533.73	Upgrade
Change in Other Net Operating Assets	-56.64	-0.19	-24.7	0.18	-20.77	-51.77	Upgrade
Operating Cash Flow	893.66	947.48	816.9	590.25	267.08	-110.91	Upgrade
Operating Cash Flow Growth	6.00%	15.98%	38.40%	121.00%	-	-	Upgrade
Capital Expenditures	-112.77	-151.02	-141.38	-121.87	-17.87	-47.61	Upgrade
Investment in Securities	-27.67	-20.72	-450	-	-	-	Upgrade
Other Investing Activities	0.1	-	-	-	0.01	0.91	Upgrade
Investing Cash Flow	-140.33	-171.75	-591.38	-121.87	-17.87	-46.7	Upgrade
Long-Term Debt Repaid	-	-24	-24	-24	-24	-	Upgrade
Total Debt Repaid	-24	-24	-24	-24	-24	-24	Upgrade
Net Debt Issued (Repaid)	-24	-24	-24	-24	-24	-24	Upgrade
Common Dividends Paid	-426.74	-426.74	-203.95	-219	-144.35	-2.39	Upgrade
Financing Cash Flow	-450.74	-450.74	-227.95	-243	-168.35	-26.39	Upgrade
Foreign Exchange Rate Adjustments	0.6	0.6	0.08	4	0.68	-0.87	Upgrade
Net Cash Flow	303.18	325.59	-2.35	229.39	81.54	-184.87	Upgrade
Free Cash Flow	780.89	796.46	675.52	468.38	249.2	-158.52	Upgrade
Free Cash Flow Growth	24.02%	17.90%	44.22%	87.95%	-	-	Upgrade
Free Cash Flow Margin	30.71%	32.58%	27.99%	24.77%	19.07%	-13.11%	Upgrade
Free Cash Flow Per Share	1.75	1.78	1.51	1.05	0.56	-0.35	Upgrade
Cash Interest Paid	-	-	-	-	1.83	-	Upgrade
Cash Income Tax Paid	92.65	92.65	43.92	0.86	4.26	0.12	Upgrade
Levered Free Cash Flow	769.14	755.88	729.4	536.09	204.11	-	Upgrade
Unlevered Free Cash Flow	773.55	760.29	734.4	541.65	211.34	-	Upgrade
Change in Working Capital	51.48	114.55	38.89	51.4	25.61	-509.24	Upgrade

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