Grand Plaza Hotel 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	2016 - 2020
Period Ending	Jun '25 Jun 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	2016 - 2020
Net Income	7.97	60.88	30.86	6	33.67	12.07	Upgrade
Depreciation & Amortization	44.64	42.87	37.49	40.61	42.97	43.28	Upgrade
Loss (Gain) From Sale of Assets	0.01	0.01	-	-	-	-	Upgrade
Asset Writedown & Restructuring Costs	-	-	-	-34.76	-	-	Upgrade
Loss (Gain) on Equity Investments	-1.59	-1.78	-1.66	-0.98	-1.59	-1.53	Upgrade
Provision & Write-off of Bad Debts	-0.6	-0.35	0.3	-0.21	-0.74	0.69	Upgrade
Other Operating Activities	11.99	7.26	17.35	-1.38	16.64	21.66	Upgrade
Change in Accounts Receivable	-71.26	-72.41	-26.24	41.1	21.55	-40.59	Upgrade
Change in Inventory	-0.81	-0.69	-0.77	-1.68	0.6	2.24	Upgrade
Change in Accounts Payable	49.64	14.17	48.91	1.63	4.68	-33.96	Upgrade
Change in Other Net Operating Assets	-189	-9.3	16.27	53.59	10.13	-7.49	Upgrade
Operating Cash Flow	-155.94	40.66	122.51	103.93	127.9	-3.61	Upgrade
Operating Cash Flow Growth	-	-66.81%	17.88%	-18.74%	-	-	Upgrade
Capital Expenditures	-103.84	-120.22	-21.01	-5.73	-9.33	-8.56	Upgrade
Sale of Property, Plant & Equipment	82.89	1.27	-	-	-	-	Upgrade
Other Investing Activities	-6.03	-6.03	-25.47	1.4	1.4	1.2	Upgrade
Investing Cash Flow	-26.98	-124.98	-46.48	-4.33	-7.93	-7.36	Upgrade
Long-Term Debt Repaid	-	-4.99	-4.6	-4.24	-5.74	-1.17	Upgrade
Net Debt Issued (Repaid)	-5.22	-4.99	-4.6	-4.24	-5.74	-1.17	Upgrade
Other Financing Activities	-12.8	-12.8	-13.2	-13.56	-21.58	-7.1	Upgrade
Financing Cash Flow	-18.03	-17.8	-17.8	-17.8	-27.32	-8.28	Upgrade
Foreign Exchange Rate Adjustments	11.23	11.23	-4.89	21.97	9.49	-11.1	Upgrade
Net Cash Flow	-189.72	-90.89	53.34	103.78	102.14	-30.34	Upgrade
Free Cash Flow	-259.78	-79.56	101.5	98.2	118.57	-12.17	Upgrade
Free Cash Flow Growth	-	-	3.36%	-17.18%	-	-	Upgrade
Free Cash Flow Margin	-51.84%	-15.07%	21.67%	33.24%	35.39%	-3.69%	Upgrade
Free Cash Flow Per Share	-4.84	-1.48	1.89	1.83	2.21	-0.23	Upgrade
Cash Interest Paid	12.8	12.8	13.2	13.56	21.58	7.1	Upgrade
Cash Income Tax Paid	11.77	11.77	12.9	2.02	1.16	2.1	Upgrade
Levered Free Cash Flow	-253.99	-121.39	69.33	88.15	91.27	-36.37	Upgrade
Unlevered Free Cash Flow	-245.98	-113.39	77.58	96.62	99.95	-27.5	Upgrade
Change in Working Capital	-218.36	-68.23	38.17	94.65	36.95	-79.79	Upgrade

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