CTS Global Equity Group 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	21.8	64.53	23	52.24	20.14	46.9
Depreciation & Amortization	5.4	4.85	3.82	4.29	4.04	7.77
Other Amortization	0.68	0.68	0.56	-	0.37	0.35
Loss (Gain) From Sale of Assets	-0	-0	-0	-	-	-0.05
Loss (Gain) From Sale of Investments	15.16	3.77	1.45	0.26	0.11	0
Provision & Write-off of Bad Debts	0.1	-0	-0.01	-0.14	0.21	-0.04
Other Operating Activities	-9.17	-15.49	-9.76	-33.18	-21.81	26.21
Change in Accounts Receivable	258.83	-38.73	-2.82	49.02	-65.19	-78.39
Change in Accounts Payable	193.34	21.01	-21.17	-158.42	39.23	-42.41
Change in Other Net Operating Assets	-4.26	5.14	-9.16	6.88	-1.99	10.52
Operating Cash Flow	46.17	-11.25	-21.1	-80.68	-24.88	11.92
Capital Expenditures	-0.67	-4.94	-3.21	-0.23	-0.4	-0.13
Sale of Property, Plant & Equipment	0	0	0	-	-	0.05
Sale (Purchase) of Intangibles	-0.28	-2.53	-0.25	-0.99	-0.42	-0.09
Investment in Securities	16.11	-	50	-1,245	-	-50
Investing Cash Flow	15.16	-7.47	46.54	-1,246	-0.81	-50.16
Long-Term Debt Repaid	-	-2.22	-1.54	-1.43	-1.43	-3.75
Net Debt Issued (Repaid)	-2.29	-2.22	-1.54	-1.43	-1.43	-3.75
Issuance of Common Stock	-	-	-	1,375	50	-
Common Dividends Paid	-16.48	-4.6	-5.34	-	-	-
Other Financing Activities	-	-	-	-13.94	-1.61	-4.2
Financing Cash Flow	-32.32	-20.37	-22.88	1,360	46.96	-7.95
Foreign Exchange Rate Adjustments	0.53	-0.26	-0.12	-0.13	0.02	-0.02
Net Cash Flow	29.54	-39.34	2.44	32.89	21.28	-46.21
Free Cash Flow	45.5	-16.19	-24.32	-80.91	-25.28	11.79
Free Cash Flow Margin	34.53%	-9.96%	-23.45%	-92.21%	-19.36%	6.85%
Free Cash Flow Per Share	0.01	-0.00	-0.00	-0.01	-0.01	0.00
Cash Income Tax Paid	-	0.02	0.04	0.03	11.15	0.48
Levered Free Cash Flow	458.86	0.39	-23.34	-148.34	-50.66	-41.81
Unlevered Free Cash Flow	460.02	1.59	-22.47	-147.66	-50.07	-40.92
Change in Working Capital	12.21	-69.59	-40.16	-104.14	-27.95	-69.21

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