PSE:MAH 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	-2.19	2.6	-4.78	3.32	-165.08	0.2
Depreciation & Amortization	24.23	24.94	39.31	42.74	37.18	34.49
Other Amortization	0.38	0.31	0.28	-	-	-
Loss (Gain) From Sale of Assets	-1.15	-1.15	-0.16	-	-	-
Provision & Write-off of Bad Debts	-	-	-	-	-	1.52
Other Operating Activities	12.26	13.25	5.73	19.27	186.35	14.72
Change in Accounts Receivable	46.26	12.58	12.3	-3.13	-7.85	-22.8
Change in Accounts Payable	-1.85	-8.22	-19.34	0.28	-3.37	17.03
Change in Other Net Operating Assets	-7.31	-1.92	-7.67	-9.4	1.9	-16.65
Operating Cash Flow	70.64	42.39	25.67	53.08	49.12	28.51
Operating Cash Flow Growth	115.02%	65.13%	-51.64%	8.06%	72.26%	6.36%
Capital Expenditures	-1.03	-3.14	-2.15	-10.5	-12.57	-1.42
Sale of Property, Plant & Equipment	1.39	1.39	0.3	-	-	-
Sale (Purchase) of Intangibles	-3.99	-3.99	-0.04	-0.23	-0.08	-0.76
Investment in Securities	-	-	-	-	-	2.04
Other Investing Activities	0.84	0.11	-5.36	0.07	4.92	-210.72
Investing Cash Flow	-2.8	-5.63	-7.25	-10.65	-7.73	-210.87
Long-Term Debt Issued	-	5.54	5.92	5.91	0.91	215.41
Total Debt Issued	5.92	5.54	5.92	5.91	0.91	215.41
Long-Term Debt Repaid	-	-22.94	-27.81	-35.32	-32.33	-29.43
Total Debt Repaid	-22.25	-22.94	-27.81	-35.32	-32.33	-29.43
Net Debt Issued (Repaid)	-16.33	-17.4	-21.89	-29.41	-31.42	185.98
Other Financing Activities	-	-	-	-	-2.63	-3.5
Financing Cash Flow	-16.33	-17.4	-21.89	-29.41	-34.05	182.47
Net Cash Flow	51.52	19.36	-3.47	13.01	7.34	0.12
Free Cash Flow	69.6	39.25	23.51	42.58	36.54	27.1
Free Cash Flow Growth	131.99%	66.90%	-44.78%	16.52%	34.87%	-
Free Cash Flow Margin	41.21%	19.74%	9.67%	12.74%	12.45%	9.90%
Free Cash Flow Per Share	0.23	0.13	0.08	0.14	0.12	0.09
Cash Interest Paid	-	-	-	-	2.63	3.5
Levered Free Cash Flow	54.25	26.11	24.22	40.54	-111.39	28.01
Unlevered Free Cash Flow	54.92	26.78	25.14	42.26	-109.75	30.2
Change in Working Capital	37.1	2.44	-14.71	-12.25	-9.33	-22.42

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