Citicore Energy REIT Cash Flow Statement

Financials in millions PHP. Fiscal year is January - December.

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,424	1,429	1,398	1,252	225.88	104.11
Depreciation & Amortization	71.99	71.35	71.36	71.36	61.75	61.29
Change in Accounts Receivable	21.17	-166.95	-168.06	-136.33	-166.43	-132.22
Change in Accounts Payable	-0.81	8.86	11.35	-7.7	-17.74	19
Change in Other Net Operating Assets	-33.67	18.55	-267.24	59.7	-10.73	-0.47
Other Operating Activities	345.88	346.21	295.35	23.68	-6.46	67.87
Operating Cash Flow	1,829	1,707	1,341	1,263	86.27	119.59
Operating Cash Flow Growth	13.35%	27.33%	6.15%	1364.21%	-27.86%	-20.51%
Acquisition of Real Estate Assets	-103.65	-66.78	-4,267	-2,508	-	-
Net Sale / Acq. of Real Estate Assets	-103.65	-66.78	-4,267	-2,508	-	-
Other Investing Activities	-	-	14.09	-	-	-
Investing Cash Flow	-103.65	-66.78	-4,253	-2,508	-	-
Long-Term Debt Issued	-	-	4,500	-	-	-
Long-Term Debt Repaid	-	-16.4	-2.41	-20.11	-32.57	-61.45
Net Debt Issued (Repaid)	-3.15	-16.4	4,498	-20.11	-32.57	-61.45
Issuance of Common Stock	-	-	-	2,671	-	-
Common Dividends Paid	-1,347	-1,316	-1,250	-805.09	-	-
Other Financing Activities	-327.74	-327.85	-289.68	-78.14	-76.42	-33.46
Net Cash Flow	47.46	-19.28	45.44	522.41	-22.72	24.67
Cash Interest Paid	327.74	327.85	248.67	9.95	41.41	33.46
Levered Free Cash Flow	1,061	928.48	843.8	1,145	281.82	42.83
Unlevered Free Cash Flow	1,277	1,145	1,037	1,156	300.22	82.87
Change in Working Capital	-13.3	-139.54	-423.95	-84.33	-194.91	-113.68

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.