Gallant Venture Cash Flow Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	2.67	-46.69	-14.83	-13.61	-55.58	-687.45
Depreciation & Amortization	29.96	29.8	30.83	29.85	32.72	35.18
Other Amortization	0.11	0.08	0.08	0.07	2.83	0.08
Loss (Gain) on Sale of Assets	0.01	-0.23	0.04	-0.01	-0.02	6.17
Loss (Gain) on Equity Investments	-1.23	-0.84	-7.79	-19.08	16.75	24.45
Asset Writedown	-	-	-	-	1.81	-
Change in Accounts Receivable	-467.38	-20.39	-3.57	-4.48	30.1	108.98
Change in Inventory	-1.54	-1.15	-2.97	-1.55	-1.21	14.39
Change in Accounts Payable	471.82	-15.5	19.11	30.96	-19.08	-23.2
Other Operating Activities	23.33	16.35	1.27	-0.34	-3.06	538.64
Net Cash from Discontinued Operations	-	-	-	-	-	19.67
Operating Cash Flow	56.94	-39.4	22.22	21.95	5.01	38.32
Operating Cash Flow Growth	-	-	1.21%	338.25%	-86.93%	-
Capital Expenditures	-17.55	-38.09	-47.98	-12.14	-15.47	-40.38
Sale of Property, Plant & Equipment	0.08	0.38	0.07	0.07	0.05	0.86
Cash Acquisitions	0.15	0.15	-	-	0	-
Divestitures	-	-	-0	-	-	-284.26
Sale (Purchase) of Intangibles	-1.47	-2.95	-0.03	-0	-0.06	-0.05
Investment in Securities	-	-16	-	-0.03	-	23.56
Other Investing Activities	1.64	1.64	1.86	1.01	1.01	-1.72
Investing Cash Flow	-44.21	-81.7	-50.94	-14.51	-18.43	-303.44
Long-Term Debt Issued	-	585.02	48.75	14.8	396.1	1,359
Long-Term Debt Repaid	-	-456.18	-38.63	-28.22	-355.44	-1,230
Net Debt Issued (Repaid)	85.75	128.84	10.13	-13.42	40.66	129.33
Other Financing Activities	-18.03	-0.59	-2.88	-3.82	-	-1.27
Financing Cash Flow	67.71	128.25	7.25	-17.24	40.66	128.06
Foreign Exchange Rate Adjustments	-0.13	-0.05	-0	-0.31	0.03	13.35
Net Cash Flow	80.31	7.11	-21.47	-10.11	27.27	-123.72
Free Cash Flow	39.39	-77.49	-25.76	9.81	-10.46	-2.06
Free Cash Flow Margin	19.88%	-40.59%	-14.10%	5.88%	-7.21%	-1.49%
Free Cash Flow Per Share	0.01	-0.01	-0.01	0.00	-0.00	-
Cash Interest Paid	32.6	31.65	35.95	24.5	17.57	136.34
Cash Income Tax Paid	14.02	17.41	16.78	16.68	16.5	40.91
Levered Free Cash Flow	36.87	-25.93	-22.5	3.26	5.86	1,055
Unlevered Free Cash Flow	62.99	-1.14	0.29	20.33	15.46	1,069
Change in Working Capital	2.9	-37.03	12.57	24.93	9.81	100.17

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