Union Gas Holdings Cash Flow Statement

Financials in millions SGD. Fiscal year is January - December.

Millions SGD. 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	10.54	12.5	12.22	5.21	14.91
Depreciation & Amortization	15	12.5	11.41	9	9.71
Loss (Gain) From Sale of Assets	-0.21	-0.35	-0.27	-0.45	-1.94
Asset Writedown & Restructuring Costs	0.07	-0.02	-0.01	-0.04	-0.02
Stock-Based Compensation	-	-	-	-	0
Provision & Write-off of Bad Debts	0.05	0.14	0.22	-0.07	-0.48
Other Operating Activities	1.21	1.5	3.19	-0.6	-1.07
Change in Accounts Receivable	-5.98	-1.09	-2.45	-2.41	-0.94
Change in Inventory	-0.06	-0.23	-0.24	0.28	-1.01
Change in Accounts Payable	3.79	1.59	-0.24	1.71	1.62
Change in Unearned Revenue	-	0.01	-0.02	-	-
Change in Other Net Operating Assets	-0.93	-4.21	-5.61	-2.04	-10.2
Operating Cash Flow	23.47	22.35	18.21	10.6	10.59
Operating Cash Flow Growth	5.01%	22.78%	71.75%	0.14%	-69.00%
Capital Expenditures	-8.17	-10.99	-4.18	-7.69	-19.22
Sale of Property, Plant & Equipment	0.5	1.26	0.79	0.88	0.55
Cash Acquisitions	-	-	-0.03	-	-10
Divestitures	-	-	-	-	1.59
Sale (Purchase) of Intangibles	-0.05	-0.59	-0.41	-0.05	-0.73
Investment in Securities	-	-	1	-	-1
Other Investing Activities	0.07	0.16	0.07	0.14	0.14
Investing Cash Flow	-7.65	-10.16	-2.77	-6.72	-28.68
Long-Term Debt Issued	11.68	5	15.25	5	17
Long-Term Debt Repaid	-19.1	-11.84	-25.39	-7.19	-9.26
Net Debt Issued (Repaid)	-7.42	-6.84	-10.13	-2.19	7.74
Issuance of Common Stock	-	-	-	-	4.35
Repurchase of Common Stock	-	-0.09	-	-	-
Common Dividends Paid	-4.7	-4.7	-2.86	-3.08	-17.91
Other Financing Activities	-1.45	-1.24	-1.37	-0.69	-0.5
Financing Cash Flow	-13.57	-12.86	-14.36	-5.95	-6.33
Net Cash Flow	2.26	-0.67	1.07	-2.07	-24.42
Free Cash Flow	15.3	11.36	14.02	2.91	-8.63
Free Cash Flow Growth	34.71%	-19.00%	381.59%	-	-
Free Cash Flow Margin	11.09%	9.05%	10.88%	2.16%	-7.02%
Free Cash Flow Per Share	0.05	0.04	0.04	0.01	-0.03
Cash Interest Paid	-	1.24	1.37	0.69	0.5
Cash Income Tax Paid	-	2.51	0.8	0.66	3.92
Levered Free Cash Flow	15.47	6.15	10.32	0.93	-12.71
Unlevered Free Cash Flow	16.38	6.93	11.17	1.36	-12.4
Change in Working Capital	-3.18	-3.93	-8.55	-2.45	-10.53

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