Megaworld Cash Flow Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	21,003	18,749	17,345	13,455	13,434
Depreciation & Amortization	3,708	3,656	3,480	3,280	3,468
Loss (Gain) From Sale of Assets	21.1	-15.23	0.3	0.77	-137.43
Asset Writedown & Restructuring Costs	-	77.35	-	-	43.6
Loss (Gain) From Sale of Investments	-1,488	-	-	-	-
Loss (Gain) on Equity Investments	1,080	277.83	41.73	145.3	152.88
Stock-Based Compensation	9.87	10.34	3.59	16.37	10.2
Other Operating Activities	6,599	7,273	4,606	5,520	2,694
Change in Accounts Receivable	-8,083	-19,589	-11,503	-5,710	-2,377
Change in Inventory	-2,163	-3,777	-9,544	-6,983	-8,952
Change in Accounts Payable	7,646	5,871	2,123	1,240	606.27
Change in Unearned Revenue	-4,326	-389.27	354.24	-630.22	-974.4
Change in Other Net Operating Assets	-2,305	-757.05	-2,705	-2,604	-2,342
Operating Cash Flow	21,703	11,370	4,202	7,731	5,627
Operating Cash Flow Growth	90.88%	170.59%	-45.65%	37.38%	-70.54%
Capital Expenditures	-3,265	-541.31	-734.88	-733.08	-519.1
Sale of Property, Plant & Equipment	0.45	44.85	32.06	29.37	4.74
Cash Acquisitions	955.07	-	-0.66	-	-1,002
Divestitures	-9.7	-	-	-	-
Sale (Purchase) of Real Estate	-9,734	-14,241	-10,857	-12,115	-6,919
Investment in Securities	2,063	-2,064	112.55	-1,827	-562.5
Other Investing Activities	1,890	2,459	2,241	2,220	2,073
Investing Cash Flow	-8,100	-14,343	-9,208	-12,427	-6,925
Short-Term Debt Issued	290.92	353.26	717.63	1,317	608.17
Long-Term Debt Issued	15,090	34,241	35,646	10,523	26,643
Total Debt Issued	15,380	34,595	36,363	11,840	27,251
Short-Term Debt Repaid	-921.86	-136.45	-1,597	-2,434	-48.78
Long-Term Debt Repaid	-22,364	-28,894	-27,465	-12,471	-20,982
Total Debt Repaid	-23,286	-29,031	-29,062	-14,905	-21,031
Net Debt Issued (Repaid)	-7,905	5,564	7,301	-3,065	6,220
Issuance of Common Stock	-	2,613	848.4	1.77	-
Repurchase of Common Stock	-126.6	-	-668.6	-916.1	-156.99
Preferred Dividends Paid	-	-0.6	-0.6	-0.6	-
Common Dividends Paid	-	-2,662	-2,058	-1,911	-151.96
Dividends Paid	-3,060	-2,663	-2,059	-1,911	-2,668
Other Financing Activities	-3,139	-6,234	-3,056	-5,202	1,781
Financing Cash Flow	-14,231	-720.47	2,366	-11,344	4,925
Net Cash Flow	-628.08	-3,694	-2,640	-16,040	3,628
Free Cash Flow	18,438	10,828	3,467	6,998	5,108
Free Cash Flow Growth	70.27%	212.33%	-50.46%	36.99%	-72.64%
Free Cash Flow Margin	21.47%	13.84%	5.29%	12.46%	10.50%
Free Cash Flow Per Share	0.57	0.34	0.11	0.22	0.16
Cash Interest Paid	-	6,118	5,269	4,201	3,978
Cash Income Tax Paid	-	2,043	1,625	2,636	813.91
Levered Free Cash Flow	6,126	10,130	145.91	-446.05	-2,403
Unlevered Free Cash Flow	9,484	12,011	1,784	949.74	-1,208
Change in Working Capital	-9,230	-18,642	-21,275	-14,687	-14,039

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.