Semirara Mining and Power 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	13,060	19,630	27,933	39,871	16,200
Depreciation & Amortization	8,511	7,327	7,065	5,839	6,399
Other Amortization	-	10.73	19.56	31.47	33.23
Loss (Gain) From Sale of Assets	-1.72	-5.86	76.09	-0.42	1.99
Asset Writedown & Restructuring Costs	38.92	-	-	241.74	1.04
Loss (Gain) on Equity Investments	347.39	-10.72	-	-	-
Provision & Write-off of Bad Debts	-	62.69	13.69	-	-
Other Operating Activities	198.08	207.54	-639.71	580.89	-212.46
Change in Accounts Receivable	930.88	3,130	-602.22	-3,302	-3,168
Change in Inventory	-5,614	2,843	-1,529	-1,835	459.15
Change in Accounts Payable	-500.29	-5,390	3,270	179.94	1,765
Change in Other Net Operating Assets	-536.15	-297.83	-10.41	-832.1	-198.9
Operating Cash Flow	16,434	27,507	35,597	40,775	21,280
Operating Cash Flow Growth	-40.25%	-22.73%	-12.70%	91.61%	116.60%
Capital Expenditures	-5,934	-5,332	-4,017	-4,304	-3,864
Sale of Property, Plant & Equipment	2.32	115.97	603.11	0.62	-
Sale (Purchase) of Intangibles	-33.46	-21.05	-0.03	-0.45	-7.4
Investment in Securities	-	-1,772	-	-	-
Other Investing Activities	-137.11	-417.51	56.54	266.83	133.89
Investing Cash Flow	-6,103	-7,426	-3,357	-4,037	-3,738
Long-Term Debt Issued	-	-	-	-	5,305
Long-Term Debt Repaid	-1,652	-4,123	-3,507	-4,926	-10,141
Net Debt Issued (Repaid)	-1,652	-4,123	-3,507	-4,926	-4,836
Common Dividends Paid	-13,811	-14,877	-7,651	-6,376	-12,752
Financing Cash Flow	-15,464	-29,626	-33,261	-26,178	-17,588
Foreign Exchange Rate Adjustments	29.01	26.05	-47.72	1,283	174.46
Net Cash Flow	-5,103	-9,520	-1,070	11,844	128.46
Free Cash Flow	10,500	22,175	31,580	36,471	17,415
Free Cash Flow Growth	-52.65%	-29.78%	-13.41%	109.42%	301.18%
Free Cash Flow Margin	20.10%	34.01%	41.03%	40.02%	33.22%
Free Cash Flow Per Share	2.47	5.22	7.43	8.58	4.10
Cash Interest Paid	-	369.59	558.34	830.28	875.1
Cash Income Tax Paid	-	2,040	2,931	595.74	201
Levered Free Cash Flow	4,306	17,164	21,935	22,575	11,142
Unlevered Free Cash Flow	4,435	17,309	22,199	22,970	11,655
Change in Working Capital	-5,720	285.18	1,129	-5,789	-1,143

Source: S&P Global Market Intelligence. Standard template. Financial Sources.