Filinvest Land 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	Dec '21 Dec 31, 2021
Net Income	4,172	4,168	3,765	2,890	3,803
Depreciation & Amortization	2,081	2,143	1,593	1,630	1,447
Other Amortization	217.64	190.86	193.34	153.22	133.02
Loss (Gain) on Equity Investments	-529.07	-359.04	-242.01	-78.96	-112.02
Other Operating Activities	3,732	4,818	2,679	3,128	1,460
Change in Accounts Receivable	-1,323	1,004	990.24	1,057	-577.51
Change in Inventory	-3,278	-3,646	-178.55	-1,831	-1,745
Change in Accounts Payable	528.97	1,238	1,929	1,209	-820.16
Change in Unearned Revenue	-68.51	-331.94	-353.01	-650.23	-70.67
Change in Other Net Operating Assets	2,348	-2,212	-1,184	-1,372	41.47
Operating Cash Flow	7,882	7,015	9,193	6,134	3,560
Operating Cash Flow Growth	12.36%	-23.70%	49.86%	72.31%	-51.18%
Sale of Property, Plant & Equipment	2.24	-	-	-	-
Sale (Purchase) of Intangibles	-4.71	-19.95	-865.25	-1,397	-1,062
Sale (Purchase) of Real Estate	-3,636	-5,026	-3,646	-7,618	-5,345
Investment in Securities	-	-	-	-160.97	-11.25
Other Investing Activities	389.4	257.73	167.13	-	-
Investing Cash Flow	-3,249	-4,788	-4,344	-9,176	-6,418
Short-Term Debt Issued	-	102.07	-	549.95	92.3
Long-Term Debt Issued	28,701	38,095	36,091	24,715	26,600
Total Debt Issued	28,701	38,197	36,091	25,265	26,692
Short-Term Debt Repaid	-	-	-265.78	-	-
Long-Term Debt Repaid	-24,260	-35,020	-35,937	-19,521	-28,249
Total Debt Repaid	-24,260	-35,020	-36,202	-19,521	-28,249
Net Debt Issued (Repaid)	4,441	3,177	-111.43	5,744	-1,557
Preferred Dividends Paid	-4	-4	-2.88	-	-
Common Dividends Paid	-1,119	-1,212	-872.99	-	-
Dividends Paid	-1,123	-1,216	-875.87	-1,141	-784.22
Other Financing Activities	-6,753	-5,935	-4,749	-4,601	8,164
Financing Cash Flow	-3,436	-3,974	-5,736	2.34	5,823
Net Cash Flow	1,197	-1,748	-887.13	-3,039	2,965
Cash Interest Paid	6,112	5,300	4,119	3,851	3,563
Cash Income Tax Paid	1,721	22.49	576.49	409.32	384.64
Levered Free Cash Flow	2,714	3,666	2,929	603.95	-1,678
Unlevered Free Cash Flow	5,021	5,724	4,169	1,871	-428.29
Change in Working Capital	-1,793	-3,947	1,204	-1,588	-3,171

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