Vistamalls 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	2015 - 2019
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	2015 - 2019
Net Income	7,396	6,906	8,533	8,362	4,407	2,720	Upgrade
Depreciation & Amortization	1,430	1,463	1,530	1,486	1,910	1,546	Upgrade
Gain (Loss) on Sale of Assets	-	-	162.85	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	-841.27	-841.27	49.38	-1,663	-4.61	7.4	Upgrade
Income (Loss) on Equity Investments	-551.64	-792.64	-571.66	-610.02	-	-	Upgrade
Change in Accounts Receivable	-13,405	-12,316	-12,079	-7,508	-5,531	-4,383	Upgrade
Change in Accounts Payable	34.4	1,033	263.42	1,071	-603.25	1,223	Upgrade
Change in Other Net Operating Assets	270.38	384.38	-373.14	-84.35	2,319	-15.39	Upgrade
Other Operating Activities	5,075	5,095	1,339	2,758	1,034	1,506	Upgrade
Operating Cash Flow	-386	1,138	-905.81	4,058	3,839	2,686	Upgrade
Operating Cash Flow Growth	-	-	-	5.69%	42.91%	3.65%	Upgrade
Acquisition of Real Estate Assets	1,096	-308.85	-512.02	-5,507	-4,026	-2,931	Upgrade
Net Sale / Acq. of Real Estate Assets	1,096	-308.85	-512.02	-5,507	-4,026	-2,931	Upgrade
Investment in Marketable & Equity Securities	-	-	-	166.92	-204.33	55.31	Upgrade
Other Investing Activities	551.93	547.93	1,952	710.74	592.74	119.71	Upgrade
Investing Cash Flow	1,648	239.08	1,440	-4,629	-3,637	-2,756	Upgrade
Long-Term Debt Issued	-	-	-	1,976	-	-	Upgrade
Long-Term Debt Repaid	-	-774.71	-924.55	-2,235	-1,350	-1,657	Upgrade
Net Debt Issued (Repaid)	-509.71	-774.71	-924.55	-259.14	-1,350	-1,657	Upgrade
Common Dividends Paid	-31.68	-31.68	-26.86	-22.37	-14.01	-13.56	Upgrade
Other Financing Activities	-647.68	-647.68	-2,942	4,134	1,233	1,316	Upgrade
Net Cash Flow	73.01	-76.99	-3,359	3,281	70.53	-424.65	Upgrade
Cash Interest Paid	-	281.61	127.01	120.69	225.92	89.52	Upgrade
Cash Income Tax Paid	30.72	104.72	158.16	178.52	121.53	122.16	Upgrade
Levered Free Cash Flow	1,799	6,987	3,359	9,264	4,788	4,385	Upgrade
Unlevered Free Cash Flow	2,182	7,382	3,772	9,655	5,139	4,711	Upgrade
Change in Working Capital	-13,100	-10,898	-12,188	-6,521	-3,816	-3,175	Upgrade

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