APAC Realty 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	FY 2021
Period Ending	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	20.55	7.21	11.78	26.56	35.39
Depreciation & Amortization	4.39	4.49	4.65	4.92	4.72
Loss (Gain) From Sale of Assets	-0	0.04	0	0.17	0.09
Asset Writedown & Restructuring Costs	-	-	5.18	-	0.13
Loss (Gain) From Sale of Investments	-	-	-5.23	-0.34	4.62
Loss (Gain) on Equity Investments	0.06	-0.11	-	-0.12	0.4
Stock-Based Compensation	1.77	2.33	-	-	-
Provision & Write-off of Bad Debts	3.15	2.89	2.21	2.96	-0.16
Other Operating Activities	2.83	-1.24	-4.94	-1.11	3.23
Change in Accounts Receivable	-32.21	8.73	45.29	-8.13	-53.57
Change in Accounts Payable	29.66	-15.18	-41.66	6.76	60.02
Operating Cash Flow	30.2	9.16	17.3	35.09	54.86
Operating Cash Flow Growth	229.72%	-47.07%	-50.69%	-36.03%	173.89%
Capital Expenditures	-0.25	-0.73	-1.35	-2.3	-1.08
Sale of Property, Plant & Equipment	0	0	-	0.03	0
Cash Acquisitions	-0.22	-0.87	-4.18	-6.48	-0.21
Investment in Securities	-	-0.04	-	0.54	-0.57
Other Investing Activities	-	-	-	-	-0.26
Investing Cash Flow	-0.46	-1.63	-5.53	-8.21	-2.11
Long-Term Debt Repaid	-3.51	-3.43	-3.32	-4.64	-4.9
Net Debt Issued (Repaid)	-3.51	-3.43	-3.32	-4.64	-4.9
Repurchase of Common Stock	-1.77	-	-	-	-
Common Dividends Paid	-14.01	-8.21	-13.68	-26.64	-18.65
Financing Cash Flow	-19.28	-11.63	-17	-31.28	-34.2
Net Cash Flow	10.45	-4.1	-5.22	-4.39	18.55
Free Cash Flow	29.95	8.43	15.96	32.79	53.78
Free Cash Flow Growth	255.19%	-47.16%	-51.34%	-39.03%	170.67%
Free Cash Flow Margin	4.44%	1.50%	2.87%	4.66%	7.28%
Free Cash Flow Per Share	0.08	0.02	0.04	0.08	0.13
Cash Interest Paid	1.23	1.87	2.04	0.95	0.66
Cash Income Tax Paid	2.11	2.92	6.82	7.47	4.12
Levered Free Cash Flow	25.55	7.64	13.71	29.99	43.97
Unlevered Free Cash Flow	26.37	8.85	15.04	30.6	44.45
Change in Working Capital	-2.55	-6.45	3.63	-1.37	6.45

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