The Keepers 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	3,539	2,916	2,235	1,584
Depreciation & Amortization	72.87	76.01	74.16	72.68
Other Amortization	4.04	2.48	1.22	0.88
Loss (Gain) From Sale of Assets	-0.3	-0.57	-0.06	-
Loss (Gain) on Equity Investments	-331.38	-207.15	69.88	14.52
Other Operating Activities	84.58	125.77	66.5	-19.62
Change in Accounts Receivable	-205.48	-234.35	-184.9	-467.64
Change in Inventory	1,782	-1,382	-2,758	140.04
Change in Accounts Payable	429.61	-1,844	2,708	-42.33
Change in Other Net Operating Assets	-744.16	454.61	-516.06	83.59
Operating Cash Flow	4,631	-92.72	1,696	1,366
Operating Cash Flow Growth	-	-	24.11%	-61.96%
Capital Expenditures	-12.86	-11.77	-15.96	-9.38
Sale of Property, Plant & Equipment	0.3	0.57	1.01	1.81
Sale (Purchase) of Intangibles	-2.2	-4.96	-2.07	-0.33
Investment in Securities	-225	-665.39	-4,333	-
Other Investing Activities	-1.1	-16.06	-3.43	-5.58
Investing Cash Flow	-240.86	-697.62	-4,353	-13.48
Short-Term Debt Issued	-	-	10	-
Long-Term Debt Issued	280	-	130	-
Total Debt Issued	280	-	140	-
Short-Term Debt Repaid	-	-116.7	-	-135.85
Long-Term Debt Repaid	-84.07	-194.98	-58.54	-65.54
Total Debt Repaid	-84.07	-311.68	-58.54	-201.39
Net Debt Issued (Repaid)	195.93	-311.68	81.46	-201.39
Issuance of Common Stock	-	-	-	4,500
Common Dividends Paid	-2,568	-783.47	-348.21	-300
Other Financing Activities	-7.52	-5.58	-8.77	-184.8
Financing Cash Flow	-2,379	-1,101	-275.52	3,814
Foreign Exchange Rate Adjustments	-4.72	3.89	16.03	-
Net Cash Flow	2,006	-1,887	-2,916	5,167
Free Cash Flow	4,618	-104.49	1,680	1,357
Free Cash Flow Growth	-	-	23.79%	-61.97%
Free Cash Flow Margin	24.92%	-0.64%	12.04%	12.30%
Free Cash Flow Per Share	0.32	-0.01	0.12	0.11
Cash Interest Paid	7.52	5.58	8.77	11.67
Cash Income Tax Paid	669.55	551.44	492.18	446.29
Levered Free Cash Flow	2,490	-1,254	2,258	1,032
Unlevered Free Cash Flow	2,495	-1,251	2,263	1,037
Change in Working Capital	1,262	-3,006	-750.75	-286.34

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