Filinvest REIT Cash Flow Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Net Income	1,285	1,635	1,745	-660.75	11,955
Other Amortization	20.48	27.28	42.98	13	12.9
Asset Writedown	567.81	-419.29	-466.3	2,297	-9,679
Change in Accounts Receivable	-413.58	74.5	93.85	-34.14	75.15
Change in Accounts Payable	9.98	-64.18	84.11	79.51	-22.6
Change in Other Net Operating Assets	95.66	-50.7	-14.43	-254.02	-84.62
Other Operating Activities	389.85	415.48	391.62	309.51	-123.53
Operating Cash Flow	1,857	1,662	1,798	1,750	2,133
Operating Cash Flow Growth	11.70%	-7.56%	2.76%	-17.98%	3.55%
Acquisition of Real Estate Assets	-195.17	-480.14	-443.22	-362.82	-436.72
Sale of Real Estate Assets	-	-	-	-	615.46
Net Sale / Acq. of Real Estate Assets	-195.17	-480.14	-443.22	-362.82	178.74
Other Investing Activities	19.54	-2.83	-40.09	16.66	10.59
Investing Cash Flow	-193.38	-488.05	-483.3	-349.17	1,009
Long-Term Debt Issued	-	5,955	5,955	-	-
Long-Term Debt Repaid	-2.19	-6,002	-6,002	-1.89	-14.4
Net Debt Issued (Repaid)	-2.19	-47.09	-46.99	-1.89	-14.4
Common Dividends Paid	-1,483	-1,238	-1,390	-1,977	-1,096
Other Financing Activities	-398.73	-502.72	-279.08	-307.18	-315.07
Net Cash Flow	-221.02	-613.71	-400.92	-885.26	1,717
Cash Interest Paid	387.37	502.72	279.08	307.18	315.07
Cash Income Tax Paid	-	-	-	-	117.68
Levered Free Cash Flow	698.44	365.26	1,173	1,214	3,643
Unlevered Free Cash Flow	939.13	619.43	1,406	1,403	3,848
Change in Working Capital	-406.3	3.81	84.86	-208.66	-32.07

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