HG Metal Manufacturing Cash Flow Statement

Financials in millions SGD. Fiscal year is October - September.

Millions SGD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	9.78	6.31	-1.02	-0.53	12.07
Depreciation & Amortization	2.75	2.67	3.34	4.86	4.09
Other Amortization	0.04	0.03	0.03	0.03	0.02
Loss (Gain) From Sale of Assets	-	0.29	-0.18	-0.09	-0.46
Asset Writedown & Restructuring Costs	-	-	0.06	8.82	-
Loss (Gain) From Sale of Investments	0.02	-0.04	0.27	1.21	-
Provision & Write-off of Bad Debts	-	0	0.03	-0	3.46
Other Operating Activities	0.24	3.76	1.52	5.43	0.26
Change in Accounts Receivable	5.66	-10.08	-14.12	-0.21	-3.38
Change in Inventory	2.72	11.85	33.48	-13.58	-17.65
Change in Accounts Payable	-0.12	-3.12	0.95	-10.7	9.52
Change in Other Net Operating Assets	-0.2	-0.01	0.1	0.54	-0.16
Operating Cash Flow	20.89	11.4	22.31	-14.94	7.78
Operating Cash Flow Growth	83.25%	-48.89%	-	-	-43.95%
Capital Expenditures	-0.5	-0.82	-1.65	-0.8	-2.39
Sale of Property, Plant & Equipment	0.03	0.13	0.36	0.03	0.82
Divestitures	-	-1.4	-	-	-
Sale (Purchase) of Intangibles	-0.18	-0.05	-0.02	-0.01	-0.16
Other Investing Activities	-	-0.08	0.02	-0.77	-0.68
Investing Cash Flow	-0.65	-2.21	-1.3	-1.54	-2.41
Long-Term Debt Issued	-	10.4	21.35	112.77	57.52
Total Debt Issued	-	10.4	21.35	112.77	57.52
Long-Term Debt Repaid	-	-13.1	-45.18	-103.6	-53.6
Total Debt Repaid	-2.83	-13.1	-45.18	-103.6	-53.6
Net Debt Issued (Repaid)	-2.83	-2.7	-23.83	9.17	3.92
Issuance of Common Stock	-	32.49	6.97	-	-
Repurchase of Common Stock	-	-	-	-0.4	-0.42
Common Dividends Paid	-	-	-3.13	-5.01	-0.64
Financing Cash Flow	-2.83	29.79	-19.99	3.76	2.86
Foreign Exchange Rate Adjustments	0.13	-0.08	0.07	0.25	0.2
Net Cash Flow	17.55	38.89	1.09	-12.47	8.42
Free Cash Flow	20.39	10.58	20.65	-15.73	5.39
Free Cash Flow Growth	92.73%	-48.77%	-	-	49.83%
Free Cash Flow Margin	11.74%	6.70%	13.79%	-10.31%	3.79%
Free Cash Flow Per Share	0.07	0.06	0.16	-0.13	0.04
Cash Interest Paid	0.48	0.6	1.5	1.56	0.9
Cash Income Tax Paid	1.94	0	0.12	0.78	0.1
Levered Free Cash Flow	-	6.27	15.96	-16.08	3.59
Unlevered Free Cash Flow	-	6.66	16.57	-15.23	4.26
Change in Working Capital	8.06	-1.36	20.41	-23.95	-11.66

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