Manila Electric Company (PSE:MER)
Philippines · Delayed Price · Currency is PHP 608.00
-7.00 (-1.14%)
At close: May 22, 2026
Manila Electric Company Cash Flow Statement
Financials in millions PHP. Fiscal year is January - December.
Millions PHP. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 | 51,515 | 51,130 | 45,859 | 38,023 | 28,431 | 23,498 |
Depreciation & Amortization | 16,932 | 16,644 | 17,057 | 16,625 | 15,613 | 12,499 |
Other Amortization | 646 | 522 | 558 | - | 418 | - |
Loss (Gain) on Equity Investments | -18,305 | -16,731 | -10,267 | -11,479 | -12,035 | -3,127 |
Asset Writedown | 1,200 | 1,200 | -117 | -1,179 | 2,601 | - |
Change in Accounts Receivable | 12,774 | 6,825 | -25,335 | 9,138 | -15,083 | 11,127 |
Change in Inventory | 473 | 439 | -293 | -753 | -812 | -2,136 |
Change in Accounts Payable | 3,373 | 4,374 | 10,565 | -2,961 | 18,253 | -12,832 |
Change in Other Net Operating Assets | -1,302 | 5,214 | 203 | 7,259 | -4,317 | 1,506 |
Other Operating Activities | -2,460 | 1,452 | 2,931 | 2,303 | -10,435 | 12,089 |
Operating Cash Flow | 65,830 | 72,077 | 42,010 | 57,974 | 25,182 | 43,181 |
Operating Cash Flow Growth | 89.83% | 71.57% | -27.54% | 130.22% | -41.68% | 44.55% |
Capital Expenditures | -100,763 | -106,520 | -39,150 | -24,800 | -33,663 | -26,260 |
Sale of Property, Plant & Equipment | 122 | 105 | 194 | 7 | 914 | 161 |
Cash Acquisitions | - | - | - | -5,853 | - | -17,840 |
Divestitures | -215 | - | 881 | 454 | 4,164 | - |
Sale (Purchase) of Intangibles | -841 | -645 | -5,361 | -4,137 | -8,533 | -976 |
Investment in Securities | 13,631 | -64,894 | 5,798 | 19,909 | 8,968 | -8,513 |
Other Investing Activities | 15,143 | 12,802 | 18,875 | 15,991 | 6,072 | 3,962 |
Investing Cash Flow | -72,923 | -159,152 | -18,763 | 1,569 | -22,081 | -49,467 |
Short-Term Debt Issued | - | 20,389 | 7,742 | 1,331 | 2,920 | 22,880 |
Long-Term Debt Issued | - | 143,597 | 6,523 | 2,803 | 32,507 | 24,513 |
Total Debt Issued | 87,218 | 163,986 | 14,265 | 4,134 | 35,427 | 47,393 |
Short-Term Debt Repaid | - | -18,309 | -1,038 | -3,239 | -2,263 | -17,419 |
Long-Term Debt Repaid | - | -9,103 | -8,133 | -8,500 | -18,679 | -7,388 |
Total Debt Repaid | -37,325 | -27,412 | -9,171 | -11,739 | -20,942 | -24,807 |
Net Debt Issued (Repaid) | 49,893 | 136,574 | 5,094 | -7,605 | 14,485 | 22,586 |
Common Dividends Paid | -27,874 | -27,416 | -23,823 | -21,691 | -16,890 | -13,748 |
Other Financing Activities | -4,560 | 3,362 | -2,862 | -3,309 | 129 | 2,023 |
Financing Cash Flow | 17,459 | 112,520 | -21,591 | -32,605 | -2,276 | 10,861 |
Foreign Exchange Rate Adjustments | -594 | -608 | 35 | 19 | - | -480 |
Net Cash Flow | 9,772 | 24,837 | 1,691 | 26,957 | 825 | 4,095 |
Free Cash Flow | -34,933 | -34,443 | 2,860 | 33,174 | -8,481 | 16,921 |
Free Cash Flow Growth | - | - | -91.38% | - | - | 65.73% |
Free Cash Flow Margin | -6.94% | -6.93% | 0.61% | 7.48% | -1.99% | 5.31% |
Free Cash Flow Per Share | -31.00 | -30.56 | 2.54 | 29.44 | -7.53 | 15.01 |
Cash Interest Paid | 9,719 | 9,447 | 2,608 | 4,564 | 4,310 | 4,098 |
Cash Income Tax Paid | 16,135 | 13,558 | 11,712 | 9,067 | 3,317 | 6,902 |
Levered Free Cash Flow | -80,512 | -71,493 | -9,276 | 43,848 | 19,270 | 17,993 |
Unlevered Free Cash Flow | -75,227 | -66,131 | -6,508 | 46,550 | 21,750 | 20,195 |
Change in Working Capital | 15,318 | 16,852 | -14,860 | 12,683 | -1,959 | -2,335 |
Source: S&P Global Market Intelligence. Utility template. Financial Sources.