DMCI Holdings Cash Flow Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	18,976	24,722	31,087	18,394
Depreciation & Amortization	8,971	8,658	7,839	8,845
Other Amortization	31.16	42.9	67.55	81.93
Loss (Gain) From Sale of Assets	-	-55.91	-69.35	-189.37
Asset Writedown & Restructuring Costs	-	76.1	466.24	1.04
Loss (Gain) on Equity Investments	-3,354	-2,145	-1,506	-1,612
Other Operating Activities	10,313	11,107	14,054	6,313
Change in Accounts Receivable	9,176	3,224	-6,091	-11,824
Change in Inventory	-1,418	-4,867	-5,372	1,403
Change in Accounts Payable	-18,034	2,185	-481.53	4,254
Change in Unearned Revenue	5,193	3,432	-81.21	-272.69
Change in Other Net Operating Assets	1,050	-2,412	2,809	-2,920
Operating Cash Flow	30,904	43,967	42,722	22,473
Operating Cash Flow Growth	-29.71%	2.92%	90.10%	107.97%
Capital Expenditures	-13,528	-5,578	-6,690	-6,461
Sale of Property, Plant & Equipment	-	86.78	93.68	469.39
Cash Acquisitions	-8,061	-	-	-
Sale (Purchase) of Real Estate	1,821	1,339	-	19.32
Investment in Securities	-3,241	-	-	-207.38
Other Investing Activities	-112.2	776.42	-2,098	1,708
Investing Cash Flow	-23,121	-3,376	-8,694	-4,472
Short-Term Debt Issued	2,765	917.97	1,066	350
Long-Term Debt Issued	16,782	4,466	11,907	17,759
Total Debt Issued	19,547	5,384	12,972	18,109
Short-Term Debt Repaid	-	-500	-975.6	-5,111
Long-Term Debt Repaid	-8,310	-8,051	-12,521	-11,885
Total Debt Repaid	-8,310	-8,551	-13,496	-16,996
Net Debt Issued (Repaid)	11,236	-3,167	-523.74	1,113
Common Dividends Paid	-6,108	-8,099	-4,514	-1,726
Other Financing Activities	-10,972	-14,338	-8,787	-6,950
Financing Cash Flow	-5,669	-36,625	-25,244	-18,583
Foreign Exchange Rate Adjustments	26.05	-217.13	1,283	5.42
Net Cash Flow	2,140	3,750	10,066	-576.43
Free Cash Flow	17,376	38,389	36,032	16,012
Free Cash Flow Growth	-54.74%	6.54%	125.03%	395.35%
Free Cash Flow Margin	16.97%	31.25%	25.27%	14.78%
Free Cash Flow Per Share	1.31	2.89	2.71	1.21
Cash Interest Paid	3,419	1,206	1,046	1,384
Cash Income Tax Paid	4,516	3,998	6,354	2,199
Levered Free Cash Flow	14,811	23,084	17,710	12,969
Unlevered Free Cash Flow	16,463	23,626	18,322	13,493
Change in Working Capital	-4,033	1,561	-9,218	-9,360

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.