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	Feb '26 Feb 28, 2026	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	1,159	1,356	1,550	1,572	965.99	787.82
Depreciation & Amortization	578.81	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	-43.55	-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	242.62	74.78	-199.28	587.88	168.86	-84.26
Change in Accounts Receivable	95.65	-319.96	7.38	-73.75	288.73	-313.45
Change in Inventory	192.64	-418.33	341.06	-1,164	179.3	650.49
Change in Accounts Payable	-315.85	0.56	114.71	316.24	121.35	84.49
Change in Other Net Operating Assets	-44.72	-629.47	-43.78	-153.2	79.37	-12.32
Operating Cash Flow	1,874	546.17	2,141	1,508	2,202	1,476
Operating Cash Flow Growth	13.03%	-74.49%	41.92%	-31.50%	49.16%	139.91%
Capital Expenditures	-1,002	-1,030	-844.99	-1,161	-1,004	-380.13
Sale (Purchase) of Real Estate	-20.68	-20.68	-0.01	-	-	-
Investment in Securities	-402.63	-382.35	-549.78	151.75	965.06	-985.33
Other Investing Activities	14.2	75.53	-366.51	-13.79	63.83	-63.88
Investing Cash Flow	-1,411	-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	-31.29	-38	-37.81	-36.87	-30.49	-30.49
Financing Cash Flow	-360.05	-366.76	-366.55	-228.81	-293.46	-30.49
Net Cash Flow	102.86	-1,178	12.94	256.74	1,934	16.59
Free Cash Flow	872.02	-483.37	1,296	347.58	1,199	1,096
Free Cash Flow Growth	-2.31%	-	272.80%	-71.00%	9.34%	335.33%
Free Cash Flow Margin	6.94%	-3.81%	11.39%	2.24%	14.02%	14.68%
Free Cash Flow Per Share	0.16	-0.09	0.24	0.06	0.22	0.20
Cash Income Tax Paid	17.92	17.92	130.09	321.04	130.16	159.89
Levered Free Cash Flow	302.02	-1,109	508.69	311.87	809.7	758.08
Unlevered Free Cash Flow	302.02	-1,109	508.69	311.87	809.7	758.08
Change in Working Capital	-72.27	-1,367	419.37	-1,074	668.75	409.21

Updated Feb 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.