Medilines Distributors 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	76.5	129.74	72.46	191.97	169.63	103.06
Depreciation & Amortization	6.02	11.91	12.85	9.55	10.14	10.88
Loss (Gain) From Sale of Assets	-	-	-	-0.24	-28.89	-
Provision & Write-off of Bad Debts	53.64	53.79	-0.29	1.2	18.35	0.37
Other Operating Activities	10.72	-20.34	-18.12	48.83	-38.29	19.08
Change in Accounts Receivable	864.11	-27.96	216.93	-862.84	-108.94	-882.94
Change in Inventory	-85.76	14.73	2.51	43.5	111.79	-190.01
Change in Accounts Payable	-853.74	-74.5	-433.92	311.61	200.08	373.88
Change in Unearned Revenue	-	-	-	-21.07	17.47	-92.45
Change in Other Net Operating Assets	67.13	-21.98	-23.97	-21.39	-62.6	-15.9
Operating Cash Flow	138.63	65.39	-171.54	-298.87	288.75	-674.03
Capital Expenditures	-45.11	-26.5	-23.28	-36.47	-18.9	-7.49
Sale of Property, Plant & Equipment	-	-	-	0.51	50.71	2.16
Sale (Purchase) of Real Estate	-	-	-	-	-	-120
Other Investing Activities	-	-	-	-	-0.35	-
Investing Cash Flow	-45.11	-26.5	-23.28	-35.95	31.47	-125.33
Long-Term Debt Issued	-	580	297.79	477.79	1,088	1,182
Long-Term Debt Repaid	-	-602.5	-79.43	-945.22	-1,657	-377.55
Net Debt Issued (Repaid)	-30	-22.5	218.37	-467.43	-568.46	804.06
Issuance of Common Stock	-	-	-	-	1,372	-
Repurchase of Common Stock	-	-	-1.52	-0.81	-	-
Common Dividends Paid	-33.2	-7.25	-28.8	-25.44	-255	-4.57
Financing Cash Flow	-63.2	-29.75	188.05	-493.68	548.11	799.49
Foreign Exchange Rate Adjustments	0.12	0.12	-	0.42	0.04	-1.04
Net Cash Flow	30.44	9.26	-6.77	-828.09	868.36	-0.9
Free Cash Flow	93.52	38.9	-194.82	-335.34	269.85	-681.52
Free Cash Flow Margin	8.99%	2.75%	-28.66%	-17.07%	17.03%	-46.47%
Free Cash Flow Per Share	0.04	0.01	-0.07	-0.12	0.14	-0.43
Cash Interest Paid	16.85	16.85	13.52	9.2	47.22	28.55
Cash Income Tax Paid	34.32	60.74	40.57	38.89	79.82	31.05
Levered Free Cash Flow	88.71	16.82	-211.01	-362.38	227.2	-707.95
Unlevered Free Cash Flow	99.24	27.35	-202.56	-356.63	256.83	-688.54
Change in Working Capital	-8.26	-109.71	-238.45	-550.19	157.81	-807.42

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