CSE Global 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	37.49	26.35	22.53	4.77	15
Depreciation & Amortization	28.91	27.71	23.94	19.83	20.48
Loss (Gain) From Sale of Assets	-4.11	-0.53	-0.07	-4.39	-0.21
Asset Writedown & Restructuring Costs	2	-	-	-	-
Loss (Gain) From Sale of Investments	-	-	-	0.05	-
Loss (Gain) on Equity Investments	0.01	0.03	0.02	0.03	-0.02
Provision & Write-off of Bad Debts	0.53	1.59	3.18	0.55	0.02
Other Operating Activities	-1.68	2.92	0.31	0.4	0.69
Change in Accounts Receivable	-184.91	-15.01	-3.63	-59.62	1.54
Change in Accounts Payable	54.54	-9.95	9.62	38.4	-8.13
Operating Cash Flow	-67.22	33.1	55.9	0.01	29.38
Operating Cash Flow Growth	-	-40.78%	558850.00%	-99.97%	-26.73%
Capital Expenditures	-28.53	-20.66	-17.91	-15.46	-9.83
Sale of Property, Plant & Equipment	39.59	5.23	1.33	9	0.72
Cash Acquisitions	-11.26	-18.71	-15.95	-30.73	-8.07
Sale (Purchase) of Intangibles	-0.05	-0.13	-0.9	-0.56	-0.47
Investment in Securities	-	-	-	1.22	-
Other Investing Activities	-	0.99	9.05	-9.19	2.15
Investing Cash Flow	-0.24	-33.28	-24.39	-45.72	-15.5
Long-Term Debt Issued	81.44	18.9	40.7	20.59	25.14
Total Debt Issued	81.44	18.9	40.7	20.59	25.14
Long-Term Debt Repaid	-14.3	-15.24	-40.63	-14.81	-27.69
Total Debt Repaid	-14.3	-15.24	-40.63	-14.81	-27.69
Net Debt Issued (Repaid)	67.13	3.66	0.07	5.78	-2.55
Issuance of Common Stock	-	23.21	-	33.36	-
Repurchase of Common Stock	-2.28	-	-	-	-1.37
Common Dividends Paid	-7.51	-7.55	-16.91	-14.09	-14.09
Other Financing Activities	-	-	-	-	0.05
Financing Cash Flow	57.35	19.31	-16.84	25.05	-17.97
Foreign Exchange Rate Adjustments	-1.11	-0.11	-0.44	-0.72	0.22
Net Cash Flow	-11.22	19.02	14.23	-21.38	-3.87
Free Cash Flow	-95.74	12.44	37.99	-15.45	19.55
Free Cash Flow Growth	-	-67.25%	-	-	-35.99%
Free Cash Flow Margin	-9.88%	1.44%	5.24%	-2.77%	4.17%
Free Cash Flow Per Share	-0.13	0.02	0.06	-0.03	0.04
Cash Interest Paid	6.17	7.82	9.87	5.17	2.25
Cash Income Tax Paid	14.06	7.19	6.62	4.13	4.9
Levered Free Cash Flow	-53.65	0.06	37.7	-17.8	11.86
Unlevered Free Cash Flow	-48.1	5.67	44.36	-14.11	13.84
Change in Working Capital	-130.37	-24.95	5.99	-21.22	-6.6

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.