Jollibee Foods Cash Flow Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	9,938	10,872	10,317	8,766	7,559	5,982
Depreciation & Amortization	19,031	18,731	17,649	16,954	15,599	13,482
Other Amortization	126.72	123.13	149.82	46.05	50.69	44.12
Loss (Gain) From Sale of Assets	362.13	253.05	279.78	400.88	-4,533	54.56
Asset Writedown & Restructuring Costs	51.39	49.23	135.87	-20.27	787.44	-922.38
Loss (Gain) From Sale of Investments	-39	-41.09	-178.59	-530.94	1,050	-196.99
Loss (Gain) on Equity Investments	-117.15	-224.25	-329.18	-580.01	-4.06	43.42
Stock-Based Compensation	342.51	342.51	497.27	353.86	185.02	155.54
Provision & Write-off of Bad Debts	227.16	267	383.2	271.05	411.28	156.66
Other Operating Activities	4,614	4,848	5,214	4,629	5,114	1,184
Change in Accounts Receivable	-563.11	-320.63	-1,868	811.61	-2,682	-337.44
Change in Inventory	-3,299	-2,405	-1,355	4,835	-8,124	-1,074
Change in Accounts Payable	5,170	4,614	1,186	3,210	10,069	2,624
Change in Other Net Operating Assets	-1,119	-362.77	1,950	-1,332	-1,559	-1,346
Operating Cash Flow	34,725	36,747	34,031	37,813	23,922	19,849
Operating Cash Flow Growth	4.36%	7.98%	-10.00%	58.07%	20.52%	-
Capital Expenditures	-15,243	-15,472	-11,980	-11,272	-9,683	-7,864
Sale of Property, Plant & Equipment	324.83	357.62	421.4	366.27	3,165	280.71
Cash Acquisitions	-	-3.67	-11,612	-765.02	-409.67	-
Sale (Purchase) of Intangibles	-0.09	-0.09	-0.05	-65.59	-	-11.11
Sale (Purchase) of Real Estate	-	-	-	-	-	322
Investment in Securities	1,003	1,194	3,093	-1,870	4,299	15,327
Other Investing Activities	-2,213	-572.79	-476.75	-131.69	-341.75	-89.53
Investing Cash Flow	-16,128	-14,497	-20,554	-13,738	-2,970	7,965
Short-Term Debt Issued	-	29,103	3,748	2,516	3,868	-
Long-Term Debt Issued	-	24,436	10,974	1,077	573.3	8,224
Total Debt Issued	47,606	53,539	14,722	3,593	4,442	8,224
Short-Term Debt Repaid	-	-20,827	-3,247	-1,021	-1.1	-15,696
Long-Term Debt Repaid	-	-17,438	-19,084	-15,871	-17,070	-13,627
Total Debt Repaid	-56,776	-38,265	-22,331	-16,891	-17,071	-29,323
Net Debt Issued (Repaid)	-9,170	15,273	-7,609	-13,298	-12,630	-21,099
Issuance of Common Stock	291.22	316.42	697.53	209.04	1,598	323.83
Dividends Paid	-	-4,222	-3,781	-3,271	-2,804	-1,840
Other Financing Activities	-9,178	-28,043	-3,665	-3,338	-2,936	-13,815
Financing Cash Flow	-18,057	-16,675	-17,358	-19,698	-16,772	-24,510
Foreign Exchange Rate Adjustments	137.19	42.71	-25.21	-13.57	-2.51	27.09
Net Cash Flow	676.99	5,618	-3,906	4,363	4,177	3,331
Free Cash Flow	19,482	21,275	22,051	26,541	14,239	11,985
Free Cash Flow Growth	-8.34%	-3.52%	-16.92%	86.39%	18.81%	-
Free Cash Flow Margin	6.26%	6.97%	8.17%	10.87%	6.72%	7.80%
Free Cash Flow Per Share	17.36	18.95	19.68	23.76	12.79	10.81
Cash Interest Paid	4,442	3,837	2,695	2,560	2,231	2,179
Cash Income Tax Paid	7,040	6,935	5,049	4,457	3,337	2,077
Levered Free Cash Flow	10,603	12,966	12,339	19,684	9,979	4,407
Unlevered Free Cash Flow	15,346	17,640	15,895	23,002	12,909	6,954
Change in Working Capital	187.68	1,526	-86.87	7,524	-2,297	-133.54

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