Kepwealth Property Phils. 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
Period Ending	Sep '25 Sep 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
Net Income	17.66	7.31	-1.39	-0.47	3.12	19.14
Depreciation & Amortization	35.19	34.51	34.19	34.54	34.71	33.71
Gain (Loss) on Sale of Investments	-6.87	-6.32	-5.57	-3.28	-2	-
Change in Accounts Receivable	-6.78	-4.06	-2.11	-2.81	11.02	-7.09
Change in Accounts Payable	6.13	4.04	1.39	4.24	-5.84	-0.3
Change in Other Net Operating Assets	-0.23	2.45	3.16	1.15	-2.38	-27.03
Other Operating Activities	-5.95	-7.76	-8.39	-5.32	-3.5	4.28
Operating Cash Flow	39.15	31.17	21.28	28.04	33.4	22.71
Operating Cash Flow Growth	88.95%	46.52%	-24.12%	-16.05%	47.07%	-64.83%
Acquisition of Real Estate Assets	-17.36	-2.58	-1.1	-0.96	-3.85	-167.61
Net Sale / Acq. of Real Estate Assets	-17.36	-2.58	-1.1	-0.96	-3.85	-167.61
Investment in Marketable & Equity Securities	85.99	-82.82	190.55	-	-232.5	50.31
Other Investing Activities	-26.13	9.41	-42.31	6.12	-5.62	-75.56
Investing Cash Flow	42.5	-76	147.14	5.15	-241.96	-192.85
Long-Term Debt Issued	-	-	-	-	-	0.36
Total Debt Issued	-	-	-	-	-	0.36
Long-Term Debt Repaid	-	-	-	-	-0.41	-
Total Debt Repaid	-	-	-	-	-0.41	-
Net Debt Issued (Repaid)	-	-	-	-	-0.41	0.36
Net Cash Flow	81.65	-44.82	168.41	33.19	-208.98	-169.78
Cash Income Tax Paid	0	-	0.21	0.11	0.11	2.67
Levered Free Cash Flow	1.47	29.89	23.29	28.5	25.28	31.09
Unlevered Free Cash Flow	1.47	29.89	23.29	28.5	25.28	31.14
Change in Working Capital	-0.88	3.43	2.44	2.56	2.16	-34.42

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.