APAC Realty 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	14.39	7.21	11.78	26.56	35.39	16.44
Depreciation & Amortization	4.4	4.49	4.65	4.92	4.72	3.27
Loss (Gain) From Sale of Assets	0	0.04	0	0.17	0.09	0.05
Asset Writedown & Restructuring Costs	-	-	5.18	-	0.13	0.05
Loss (Gain) From Sale of Investments	-	-	-5.23	-0.34	4.62	3.5
Loss (Gain) on Equity Investments	-0.09	-0.11	-	-0.12	0.4	0.16
Stock-Based Compensation	3.49	2.33	-	-	-	-
Provision & Write-off of Bad Debts	2.81	2.89	2.21	2.96	-0.16	-0.07
Other Operating Activities	1.61	-1.24	-4.94	-1.11	3.23	0.93
Change in Accounts Receivable	-35.44	8.73	45.29	-8.13	-53.57	-24.81
Change in Accounts Payable	33.87	-15.18	-41.66	6.76	60.02	20.5
Operating Cash Flow	25.04	9.16	17.3	35.09	54.86	20.03
Operating Cash Flow Growth	42.47%	-47.07%	-50.69%	-36.03%	173.89%	18.04%
Capital Expenditures	-0.76	-0.73	-1.35	-2.3	-1.08	-0.16
Sale of Property, Plant & Equipment	0	0	-	0.03	0	0
Cash Acquisitions	0	-0.87	-4.18	-6.48	-0.21	-0.27
Investment in Securities	-0.04	-0.04	-	0.54	-0.57	-2.71
Other Investing Activities	-	-	-	-	-0.26	-1
Investing Cash Flow	-0.79	-1.63	-5.53	-8.21	-2.11	-4.93
Long-Term Debt Repaid	-	-3.43	-3.32	-4.64	-4.9	-4.9
Net Debt Issued (Repaid)	-3.6	-3.43	-3.32	-4.64	-4.9	-4.9
Common Dividends Paid	-7.54	-8.21	-13.68	-26.64	-18.65	-7.1
Financing Cash Flow	-12.83	-11.63	-17	-31.28	-34.2	-12
Net Cash Flow	11.41	-4.1	-5.22	-4.39	18.55	3.1
Free Cash Flow	24.28	8.43	15.96	32.79	53.78	19.87
Free Cash Flow Growth	43.36%	-47.16%	-51.34%	-39.03%	170.67%	26.30%
Free Cash Flow Margin	3.81%	1.50%	2.87%	4.66%	7.28%	5.06%
Free Cash Flow Per Share	0.06	0.02	0.04	0.08	0.13	0.05
Cash Interest Paid	1.63	1.87	2.04	0.95	0.66	0.87
Cash Income Tax Paid	2.07	2.92	6.82	7.47	4.12	2.47
Levered Free Cash Flow	21.53	7.64	13.71	29.99	43.97	12.73
Unlevered Free Cash Flow	22.61	8.85	15.04	30.6	44.45	13.4
Change in Working Capital	-1.57	-6.45	3.63	-1.37	6.45	-4.31

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