SGX:C38U 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	968.42	933.68	862.57	723.37	1,083	349.82
Depreciation & Amortization	0.6	0.72	0.71	4.17	4.86	2.32
Other Amortization	12.51	12.8	6.95	10.11	-15.32	3.54
Gain (Loss) on Sale of Assets	-32.79	-32.77	-	-57.26	-0	-0
Asset Writedown	-153.12	-153.12	-113.43	90.84	-270.49	393.62
Stock-Based Compensation	50.01	47.82	45.6	43.98	41.09	6.19
Income (Loss) on Equity Investments	-66.05	-33.76	-15.58	-42.47	-140.2	14.11
Change in Accounts Receivable	-37.21	-73.34	-12.09	-19.18	-23.63	-16.99
Change in Accounts Payable	31.02	42.09	22.55	43.53	-34.51	-10.26
Change in Other Net Operating Assets	6.44	3.82	14.06	29.32	7.53	-49.89
Other Operating Activities	296.98	296.02	268.48	196.89	176.72	-314.76
Operating Cash Flow	1,078	1,044	1,080	1,024	827.53	379.68
Operating Cash Flow Growth	2.64%	-3.30%	5.50%	23.69%	117.96%	-25.77%
Acquisition of Real Estate Assets	-229.71	-178.71	-118.6	-127.39	-93.84	-55.69
Sale of Real Estate Assets	672.61	672.61	0	331.13	0	0
Net Sale / Acq. of Real Estate Assets	442.9	493.9	-118.59	203.74	-93.84	-55.69
Cash Acquisition	-1,079	-1,079	-	-1,154	-	-925.5
Investment in Marketable & Equity Securities	76.52	41.83	5.84	8.34	336.46	44.32
Other Investing Activities	49.62	23.03	73.87	15.78	13.79	14.45
Investing Cash Flow	-510.29	-520.57	-38.88	-926.02	256.4	-922.41
Long-Term Debt Issued	-	3,393	2,602	4,410	1,662	1,775
Long-Term Debt Repaid	-	-3,872	-2,697	-3,687	-2,145	-747.98
Net Debt Issued (Repaid)	-531.89	-479.09	-94.51	722.92	-482.84	1,027
Issuance of Common Stock	1,108	1,108	-	-	250	-
Common Dividends Paid	-751.34	-758.53	-708.18	-684.85	-448.05	-371.19
Other Financing Activities	-369.1	-377.95	-345.94	-252.33	-221.53	-131.21
Net Cash Flow	22.75	15.66	-107.7	-116.74	181.52	-18.58
Cash Interest Paid	330.99	341.29	329.59	237.41	207.87	121.63
Cash Income Tax Paid	4.2	8.63	6.98	9.29	5.46	0.31
Levered Free Cash Flow	550.53	485.39	539.61	581.98	414.2	312.87
Unlevered Free Cash Flow	733.07	688.46	733.95	723.39	525.08	393.28
Change in Working Capital	0.24	-27.43	24.53	53.67	-50.62	-77.13

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