Philex Mining 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	655.97	810.2	1,018	1,796	2,431	1,228
Depreciation & Amortization	1,024	920.5	711.85	1,428	1,233	1,271
Asset Writedown & Restructuring Costs	-	-	-	374	-272.24	-
Loss (Gain) on Equity Investments	-25.18	5.39	30.66	26.8	528.85	47.01
Other Operating Activities	241.62	-67.4	-180.65	-792.86	22.02	-116.83
Change in Accounts Receivable	132.62	-609.35	159.31	-113.7	-97.02	46.26
Change in Inventory	-846	292.77	-94.04	859.38	-616.1	-404.52
Change in Accounts Payable	217.87	421.1	79.34	220.03	617.42	178.09
Change in Other Net Operating Assets	24.45	-478.44	-633.84	-328.17	102.37	125.82
Operating Cash Flow	1,425	1,295	1,091	3,469	3,949	2,375
Operating Cash Flow Growth	66.28%	18.72%	-68.56%	-12.15%	66.29%	92.77%
Capital Expenditures	-4,341	-2,474	-1,354	-1,027	-927.61	-1,074
Other Investing Activities	-2,518	-4,503	-879.97	-897.18	-543.41	-225.35
Investing Cash Flow	-6,859	-6,977	-2,234	-1,924	-1,471	-1,299
Short-Term Debt Issued	-	1,710	-	-	-	-
Long-Term Debt Issued	-	5,835	1,383	-	-	-
Total Debt Issued	2,929	7,545	1,383	-	-	-
Short-Term Debt Repaid	-	-968.51	-	-	-	-942.66
Long-Term Debt Repaid	-	-288.14	-110.6	-2,741	-387.18	-
Total Debt Repaid	-1,461	-1,257	-110.6	-2,741	-387.18	-942.66
Net Debt Issued (Repaid)	1,468	6,289	1,272	-2,741	-387.18	-942.66
Issuance of Common Stock	-	-	-	2,583	-	305.96
Common Dividends Paid	-232.06	-232.06	-234.74	-356.07	-392.68	-45.43
Other Financing Activities	-152.1	-121.82	-	-	-	-1
Financing Cash Flow	1,084	5,935	1,037	-513.89	-779.86	-683.12
Foreign Exchange Rate Adjustments	-8.6	-8.6	-4.73	3.34	1.12	3.51
Net Cash Flow	-4,358	244.06	-110.95	1,035	1,699	395.77
Free Cash Flow	-2,916	-1,179	-263.41	2,442	3,021	1,301
Free Cash Flow Growth	-	-	-	-19.17%	132.29%	1462.78%
Free Cash Flow Margin	-36.29%	-15.01%	-3.55%	27.45%	32.13%	17.31%
Free Cash Flow Per Share	-0.50	-0.20	-0.05	0.46	0.61	0.26
Cash Interest Paid	-	-	-	-	-	93.33
Cash Income Tax Paid	195.18	195.18	325.54	895.64	452.56	213.39
Levered Free Cash Flow	-3,455	-1,410	20.82	2,022	2,475	1,075
Unlevered Free Cash Flow	-3,359	-1,339	20.82	2,022	2,475	1,075
Change in Working Capital	-471.06	-373.93	-489.24	637.53	6.66	-54.36

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