Keppel Ltd. (SGX:BN4)
Singapore · Delayed Price · Currency is SGD 11.18
+0.02 (0.18%)
Aug 7, 2026, 5:07 PM SGT
Keppel Cash Flow Statement
Financials in millions SGD. Fiscal year is January - December.
Millions SGD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 577.76 | 800.11 | 951.72 | 4,078 | 938.22 | 1,026 |
Depreciation & Amortization | 235.01 | 170.43 | 84.9 | 221.24 | 205.78 | 320.23 |
Other Amortization | 0.06 | 0.06 | 0.32 | 0.2 | 0.78 | 1.02 |
Loss (Gain) From Sale of Assets | -199.81 | -115.85 | -18.45 | -82.27 | -29.48 | -250.6 |
Asset Writedown & Restructuring Costs | 603.46 | 365.03 | -317.31 | -148.51 | -423.58 | -184.91 |
Loss (Gain) From Sale of Investments | -82.44 | -306.85 | -74.99 | -174.01 | -130.47 | -567.08 |
Stock-Based Compensation | 62.74 | 45.68 | 53.91 | 37.34 | 43.4 | 37.37 |
Other Operating Activities | -661.1 | -652.77 | -240.73 | -184.26 | -884.38 | -556.19 |
Change in Accounts Receivable | -142.95 | -16.57 | -66.76 | -299.26 | -581.75 | -107.36 |
Change in Inventory | 330.28 | 373.71 | 198.09 | 295.88 | 708.31 | 58.28 |
Change in Accounts Payable | -111.08 | -113.05 | -267.81 | -289.51 | 374.06 | 859.09 |
Change in Unearned Revenue | -146.79 | 37.8 | -116.73 | -104.8 | 3.3 | -1,073 |
Operating Cash Flow | 538.96 | 661.55 | 200.34 | 58.43 | 259.59 | -351.68 |
Operating Cash Flow Growth | -18.53% | 230.21% | 242.88% | -77.49% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -449.38 | -513.88 | -611.42 | -921.09 | -696.21 | -614.87 |
Sale of Property, Plant & Equipment | 359.58 | 157.87 | 128.71 | 411.44 | 83.41 | 751.94 |
Cash Acquisitions | -26.89 | -459.09 | 940.2 | 0.5 | -34.33 | - |
Divestitures | 888.69 | 505.74 | -17.7 | -890.64 | 403.19 | 1,146 |
Investment in Securities | -534.69 | -414.66 | -160.58 | 252.41 | -754.3 | 513.47 |
Other Investing Activities | 434.36 | 438.02 | 421.72 | 218.99 | 330.94 | 311.18 |
Investing Cash Flow | 671.67 | -286.01 | 700.93 | -942.71 | -667.29 | 2,108 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Short-Term Debt Issued | - | 125.08 | 65.35 | 10.65 | 111.02 | - |
Long-Term Debt Issued | - | 7,010 | 4,960 | 4,958 | 2,934 | 1,709 |
Total Debt Issued | 5,526 | 7,135 | 5,026 | 4,969 | 3,045 | 1,709 |
Long-Term Debt Repaid | - | -6,788 | -4,257 | -3,623 | -3,353 | -2,384 |
Net Debt Issued (Repaid) | -149.18 | 346.59 | 768.27 | 1,346 | -308.04 | -674.25 |
Issuance of Common Stock | 322.03 | - | - | - | - | 398.12 |
Repurchase of Common Stock | -355.78 | -116 | - | - | -499.99 | -13.05 |
Common Dividends Paid | -662.45 | -628.55 | -619.66 | -593.12 | -654.83 | -345.75 |
Other Financing Activities | -7.28 | 71.48 | -12 | -30.31 | -58.72 | -39.64 |
Financing Cash Flow | -852.66 | -326.47 | 136.6 | 722.94 | -1,522 | -674.56 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 24.57 | -23.17 | -11.96 | -18.34 | -169.59 | 53.4 |
Net Cash Flow | 382.54 | 25.89 | 1,026 | -179.68 | -2,099 | 1,135 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 89.59 | 147.67 | -411.08 | -862.66 | -436.62 | -966.56 |
Free Cash Flow Growth | -39.33% | - | - | - | - | - |
Free Cash Flow Margin | 1.33% | 2.47% | -7.11% | -12.38% | -6.60% | -14.62% |
Free Cash Flow Per Share | 0.05 | 0.08 | -0.23 | -0.48 | -0.24 | -0.53 |
Levered Free Cash Flow | 349.43 | -732.02 | -52.19 | 4,471 | -1,711 | 80.91 |
Unlevered Free Cash Flow | 593.4 | -469 | 199.3 | 4,676 | -1,620 | 187.22 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Interest Paid | 399.85 | 430.49 | 409.41 | 364.29 | 285.61 | 251.08 |
Cash Income Tax Paid | 233.1 | 272.38 | 316.08 | 116.09 | 387.57 | 259.96 |
Change in Working Capital | -70.55 | 281.89 | -253.21 | -397.69 | 503.91 | -262.72 |