Victorias Milling Company Cash Flow Statement

Financials in millions PHP. Fiscal year is September - August.

Millions PHP. Fiscal year is Sep - Aug.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Aug '25 Aug 31, 2025	Aug '24 Aug 31, 2024	Aug '23 Aug 31, 2023	Aug '22 Aug 31, 2022	Aug '21 Aug 31, 2021
Net Income	1,148	1,356	1,550	1,572	965.99	787.82
Depreciation & Amortization	550.66	512.26	404.3	429.96	423.64	400.55
Other Amortization	-	-	1.39	8.19	8.19	8.19
Asset Writedown & Restructuring Costs	-49	-49	-53.24	-33.18	-49.55	-42.07
Loss (Gain) From Sale of Investments	-40.27	-39.83	2.36	-3.37	-11.47	-6.75
Provision & Write-off of Bad Debts	58.31	59.03	15.4	21.46	27.77	3.73
Other Operating Activities	98.6	74.78	-199.28	587.88	168.86	-84.26
Change in Accounts Receivable	-232.85	-319.96	7.38	-73.75	288.73	-313.45
Change in Inventory	631.97	-418.33	341.06	-1,164	179.3	650.49
Change in Accounts Payable	118.82	0.56	114.71	316.24	121.35	84.49
Change in Other Net Operating Assets	-549.5	-629.47	-43.78	-153.2	79.37	-12.32
Operating Cash Flow	1,734	546.17	2,141	1,508	2,202	1,476
Operating Cash Flow Growth	8.98%	-74.49%	41.92%	-31.50%	49.16%	139.91%
Capital Expenditures	-775.4	-1,030	-844.99	-1,161	-1,004	-380.13
Sale (Purchase) of Real Estate	-20.68	-20.68	-0.01	-	-	-
Investment in Securities	-324.4	-382.35	-549.78	151.75	965.06	-985.33
Other Investing Activities	-275.61	75.53	-366.51	-13.79	63.83	-63.88
Investing Cash Flow	-1,396	-1,357	-1,761	-1,023	25.38	-1,429
Common Dividends Paid	-328.76	-328.76	-328.75	-191.94	-262.97	-
Other Financing Activities	-32.96	-38	-37.81	-36.87	-30.49	-30.49
Financing Cash Flow	-361.73	-366.76	-366.55	-228.81	-293.46	-30.49
Net Cash Flow	-23.4	-1,178	12.94	256.74	1,934	16.59
Free Cash Flow	959.01	-483.37	1,296	347.58	1,199	1,096
Free Cash Flow Growth	90.42%	-	272.80%	-71.00%	9.34%	335.33%
Free Cash Flow Margin	7.15%	-3.81%	11.39%	2.24%	14.02%	14.68%
Free Cash Flow Per Share	0.17	-0.09	0.24	0.06	0.22	0.20
Cash Income Tax Paid	19.42	17.92	130.09	321.04	130.16	159.89
Levered Free Cash Flow	427.11	-1,109	508.69	311.87	809.7	758.08
Unlevered Free Cash Flow	427.11	-1,109	508.69	311.87	809.7	758.08
Change in Working Capital	-31.56	-1,367	419.37	-1,074	668.75	409.21

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