Waterfront Philippines 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	934.81	860.73	68.84	82.79	554.11	394.56
Depreciation & Amortization	380.74	356.43	330.79	295.36	333.88	336.51
Loss (Gain) From Sale of Assets	-1,761	-1,761	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-	-	12.45
Provision & Write-off of Bad Debts	17.05	17.05	18.27	-	-	7.05
Other Operating Activities	1,479	1,542	121.38	8.72	-685.36	-577
Change in Accounts Receivable	-1,907	-661.75	29.81	-183.35	-196.13	134.15
Change in Inventory	-15.42	-6.3	-4.94	-5.23	-1.17	7.74
Change in Accounts Payable	-325.23	-624.1	107.95	-11.02	31.53	-266.31
Change in Other Net Operating Assets	347.02	194.69	43.25	-10.15	-3.95	-16.65
Operating Cash Flow	-2,029	-82.59	715.35	177.12	32.91	32.5
Operating Cash Flow Growth	-	-	303.88%	438.26%	1.24%	-74.51%
Capital Expenditures	-500.18	-500.18	-	-260.21	-68.05	-276.29
Sale of Property, Plant & Equipment	4,032	1,761	120.13	-	-	-
Sale (Purchase) of Real Estate	-	-	-	-204.25	-	-
Investment in Securities	-	-	-	-	-	-37.5
Other Investing Activities	1,668	-665.17	-695.09	-2,322	-43	999.91
Investing Cash Flow	5,200	596.1	-574.96	-2,787	-111.05	686.12
Short-Term Debt Issued	-	-	0.03	-	-	-
Long-Term Debt Issued	-	-	-	3,050	-	-
Total Debt Issued	-1,967	-	0.03	3,050	-	-
Short-Term Debt Repaid	-	-	-	-	-3.12	-
Long-Term Debt Repaid	-	-354.79	-248.36	-700.17	-253.11	-281.71
Total Debt Repaid	-487.55	-354.79	-248.36	-700.17	-256.23	-281.71
Net Debt Issued (Repaid)	-2,455	-354.79	-248.33	2,350	-256.23	-281.71
Other Financing Activities	-553.91	-	-	-	-	64.5
Financing Cash Flow	-3,009	-354.79	-248.33	2,350	-256.23	-217.21
Miscellaneous Cash Flow Adjustments	-241.31	-241.31	-	-	-	-
Net Cash Flow	-78.44	-82.59	-107.94	-259.91	-334.37	501.41
Free Cash Flow	-2,529	-582.77	715.35	-83.09	-35.15	-243.79
Free Cash Flow Margin	-136.38%	-29.86%	39.70%	-5.59%	-3.52%	-23.60%
Free Cash Flow Per Share	-1.01	-0.23	0.29	-0.03	-0.01	-0.10
Cash Interest Paid	-	2.58	14.08	36.4	59.83	87.27
Cash Income Tax Paid	233.73	172.74	85.48	88.88	103.12	81.34
Levered Free Cash Flow	1,684	-96.95	-230.86	-637.08	236.54	-49.45
Unlevered Free Cash Flow	1,844	96.8	-43.47	-533.09	300.84	56.41
Change in Working Capital	-1,901	-1,097	176.07	-209.75	-169.73	-141.07

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