PSE:PSE Cash Flow Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,207	773.69	744.21	923.14
Depreciation & Amortization	188.24	143.37	142.31	131.46
Other Amortization	10.73	10.73	-	-
Loss (Gain) From Sale of Assets	-0.17	-	-0.03	0.45
Loss (Gain) From Sale of Investments	-21.72	-10.38	106.94	-27.05
Loss (Gain) on Equity Investments	-97.89	-72.54	-67.45	-71.54
Stock-Based Compensation	4.44	4.44	2.5	2.5
Other Operating Activities	-432.4	9.14	-93.73	90.03
Change in Accounts Receivable	34.11	34.11	0.72	-33.8
Change in Accounts Payable	-14.92	-14.92	-27.56	-117.84
Change in Unearned Revenue	-15.28	-15.28	-35.61	417.84
Change in Other Net Operating Assets	-20.63	-20.63	18.49	-27.91
Operating Cash Flow	841.74	841.74	790.81	1,287
Operating Cash Flow Growth	-	6.44%	-38.57%	131.23%
Capital Expenditures	-105.24	-105.24	-40.32	-34.77
Sale of Property, Plant & Equipment	0.54	0.54	0.38	17.35
Sale (Purchase) of Intangibles	-	-	-4.54	-5.78
Investment in Securities	481.75	481.75	741.15	-864.22
Other Investing Activities	85.97	85.97	32.44	51.09
Investing Cash Flow	463.02	463.02	729.11	-836.32
Long-Term Debt Repaid	-26.52	-26.52	-18.66	-26.84
Net Debt Issued (Repaid)	-26.52	-26.52	-18.66	-26.84
Issuance of Common Stock	17.11	17.11	16.81	15.1
Common Dividends Paid	-820.8	-820.8	-901.62	-308.73
Other Financing Activities	2.98	2.98	-0.93	-
Financing Cash Flow	-827.23	-827.23	-904.4	-666.87
Foreign Exchange Rate Adjustments	0.69	0.69	-41.11	-20.63
Net Cash Flow	478.23	478.23	574.4	-236.55
Free Cash Flow	736.5	736.5	750.49	1,253
Free Cash Flow Growth	-	-1.86%	-40.08%	170.51%
Free Cash Flow Margin	52.68%	52.56%	48.83%	76.07%
Free Cash Flow Per Share	9.00	9.02	9.19	15.37
Cash Income Tax Paid	182.51	182.51	359.2	236.17
Levered Free Cash Flow	286.73	570.03	453.02	719.51
Unlevered Free Cash Flow	289.48	573.62	454.36	721.43
Change in Working Capital	-16.71	-16.71	-43.96	238.29

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