MREIT Cash Flow Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Jun '21 Jun 30, 2021	Dec '20 Dec 31, 2020
Net Income	180.07	168.34	-176.55	4,028	651.01	-41.12
Depreciation & Amortization	0.01	0.03	0.03	-	-	-
Asset Writedown	2,732	2,732	2,822	-1,404	-481.18	-
Change in Accounts Receivable	-258.42	-141.94	-165.62	-245.83	-43.28	-
Change in Accounts Payable	23.27	291.69	321.8	200.63	127.59	0.34
Change in Other Net Operating Assets	-635.52	-103.88	-330.03	682.38	1,702	0.77
Other Operating Activities	298.39	306.31	309.01	-155.67	207.03	-
Operating Cash Flow	2,340	3,253	2,781	3,106	2,163	-40
Operating Cash Flow Growth	-32.23%	16.98%	-10.47%	43.56%	-	-
Acquisition of Real Estate Assets	-	-	-	-18,232	-	-
Net Sale / Acq. of Real Estate Assets	-	-	-	-18,232	-	-
Investing Cash Flow	-	-	-	-18,232	-	-
Total Debt Issued	-	-	-	14,391	-	-
Net Debt Issued (Repaid)	134.95	-	-	14,391	-	-
Issuance of Common Stock	-	-	-	-	2,454	40
Common Dividends Paid	-2,755	-2,687	-2,467	-1,215	-	-
Other Financing Activities	-268.03	-267.3	-267.36	-	-	-
Net Cash Flow	-548.09	298.39	46.72	-1,950	4,618	-
Cash Interest Paid	268.03	267.3	267.36	-	-	-
Cash Income Tax Paid	12.03	12.59	4.35	3.18	0.23	-
Levered Free Cash Flow	1,530	2,157	1,593	-	-	-
Unlevered Free Cash Flow	1,717	2,348	1,786	-	-	-
Change in Net Working Capital	256.48	-377.26	48.02	-	-	-

Source: S&P Capital IQ. Real Estate template. Financial Sources.