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	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	665.04	683.09	613.86	392.65	116.47	248.38
Depreciation & Amortization	152.07	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	-60.45	-5.71	-2.11	-78.22	-71.35	707.32
Change in Inventory	-9.97	-3.41	-8.66	-4.69	-4.13	0.39
Change in Accounts Payable	258.72	28.38	82.95	122.89	88.76	-631.45
Change in Unearned Revenue	-4.66	95.48	-8.59	11.25	33.1	-533.73
Change in Other Net Operating Assets	-65.18	-0.19	-24.7	0.18	-20.77	-51.77
Operating Cash Flow	940.44	947.48	816.9	590.25	267.08	-110.91
Operating Cash Flow Growth	56.16%	15.98%	38.40%	121.00%	-	-
Capital Expenditures	-140.44	-151.02	-141.38	-121.87	-17.87	-47.61
Investment in Securities	-28.49	-20.72	-450	-	-	-
Other Investing Activities	-8.92	-	-	-	0.01	0.91
Investing Cash Flow	-177.85	-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	312.44	325.59	-2.35	229.39	81.54	-184.87
Free Cash Flow	800	796.46	675.52	468.38	249.2	-158.52
Free Cash Flow Growth	82.51%	17.90%	44.22%	87.95%	-	-
Free Cash Flow Margin	32.12%	32.58%	27.99%	24.77%	19.07%	-13.11%
Free Cash Flow Per Share	1.79	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	764.82	755.88	729.4	536.09	204.11	-
Unlevered Free Cash Flow	769.23	760.29	734.4	541.65	211.34	-
Change in Working Capital	120.39	114.55	38.89	51.4	25.61	-509.24

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