Hafary 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	29.87	27.55	39.07	29.37	11.58
Depreciation & Amortization	17.61	16.51	11.94	9.45	7.48
Loss (Gain) From Sale of Assets	0.06	0.05	-0	-0.16	-
Asset Writedown & Restructuring Costs	-	0.9	-	-	-
Loss (Gain) From Sale of Investments	0.06	-0.35	-7.51	-0.22	0.07
Loss (Gain) on Equity Investments	-2.05	-2.32	-3.5	-4.04	-1.56
Other Operating Activities	11.58	8.04	11.99	10.24	5.5
Change in Accounts Receivable	7.44	-10.25	5.03	-19.62	-3.56
Change in Inventory	-6.83	-26.13	-26.32	-10.75	4.69
Change in Accounts Payable	0.33	5.89	21.89	9.03	2.97
Change in Other Net Operating Assets	-0.21	2.69	-2.17	4.44	-1.66
Operating Cash Flow	57.85	22.58	50.42	27.74	25.51
Operating Cash Flow Growth	156.19%	-55.21%	81.75%	8.76%	20.81%
Capital Expenditures	-11.79	-12.11	-18.95	-19.32	-27.36
Sale of Property, Plant & Equipment	0.46	0.01	0	0.3	0.01
Cash Acquisitions	-0.12	-	0.62	-	-
Sale (Purchase) of Real Estate	-0.12	7.87	-4.09	-9.55	-
Investment in Securities	0.06	-0.26	0.01	2.23	-1.38
Other Investing Activities	1.16	-2.72	-1.07	-59.82	-31.35
Investing Cash Flow	-10.35	-7.21	-23.47	-86.17	-60.07
Short-Term Debt Issued	5.39	27.64	-	7.57	9.66
Long-Term Debt Issued	8.8	27.05	33.71	83.88	52.61
Total Debt Issued	14.19	54.69	33.71	91.44	62.28
Short-Term Debt Repaid	-	-0.89	-5.06	-1.63	-2.16
Long-Term Debt Repaid	-38.41	-38.33	-26.63	-11.67	-12.45
Total Debt Repaid	-38.41	-39.22	-31.69	-13.3	-14.61
Net Debt Issued (Repaid)	-24.22	15.48	2.02	78.15	47.67
Common Dividends Paid	-6.46	-6.46	-6.46	-6.46	-6.46
Other Financing Activities	-11.38	-14.34	-10.66	-8.32	-5.81
Financing Cash Flow	-47.44	-10.7	-20.48	63.36	35.4
Foreign Exchange Rate Adjustments	-0.55	-0.06	-0.07	-0.02	0.03
Net Cash Flow	-0.48	4.61	6.39	4.92	0.86
Free Cash Flow	46.06	10.48	31.47	8.42	-1.85
Free Cash Flow Growth	339.71%	-66.71%	273.74%	-	-
Free Cash Flow Margin	16.02%	3.97%	13.87%	4.97%	-1.47%
Free Cash Flow Per Share	0.11	0.02	0.07	0.02	-0.00
Cash Interest Paid	10.15	11.33	9.52	3.85	2.76
Cash Income Tax Paid	-	8.81	7.95	2.53	1.13
Levered Free Cash Flow	28.92	-5.07	6.92	0.35	-12.18
Unlevered Free Cash Flow	35.62	2.54	12.85	3.24	-10.18
Change in Working Capital	0.73	-27.8	-1.56	-16.91	2.44

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