SGX:8C8U 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	23.27	73.54	-	-
Other Amortization	13.34	9.2	-	-
Asset Writedown	27.32	31.5	-	-
Stock-Based Compensation	7.2	6.87	-	-
Change in Accounts Receivable	2.44	0.64	-	-
Change in Accounts Payable	2.92	36.85	-	-
Change in Other Net Operating Assets	-6.15	-0.26	-	-
Other Operating Activities	9.29	-17.45	-	-
Operating Cash Flow	79.84	140.88	-	-
Operating Cash Flow Growth	-43.33%	-	-	-
Acquisition of Real Estate Assets	-1,528	-	-	-
Net Sale / Acq. of Real Estate Assets	-1,528	-	-	-
Cash Acquisition	-	-672.84	-	-
Other Investing Activities	0.13	0.6	-	-
Investing Cash Flow	-1,528	-672.24	-	-
Long-Term Debt Issued	-	401.04	-	-
Total Debt Issued	672	401.04	-	-
Long-Term Debt Repaid	-	-410.65	-	-
Total Debt Repaid	-792.78	-410.65	-	-
Net Debt Issued (Repaid)	-120.78	-9.61	-	-
Issuance of Common Stock	1,851	771.05	-	-
Common Dividends Paid	-	-45.37	-	-
Other Financing Activities	-93.36	-63.61	-	-
Foreign Exchange Rate Adjustments	0.12	-	-	-
Net Cash Flow	188.55	121.09	-	-
Cash Interest Paid	7.31	16.01	-	-
Cash Income Tax Paid	2.64	3.13	-	-
Levered Free Cash Flow	91.76	-	-	-
Unlevered Free Cash Flow	96.98	-	-	-
Change in Working Capital	-0.78	37.23	-	-

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