Hotel Properties 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	-46.22	27.22	561.05	40.18	-7.69
Depreciation & Amortization	94.71	86.8	78.05	76.55	79.6
Loss (Gain) From Sale of Assets	1.25	0.55	-15.09	-0.19	0.02
Asset Writedown & Restructuring Costs	-31.38	-96.63	-645.01	-77.83	-3.6
Loss (Gain) From Sale of Investments	16.31	1.53	11.98	17.4	-44.8
Stock-Based Compensation	-	-	-	-	0.32
Other Operating Activities	109.74	140.6	154.48	54.38	38.04
Change in Accounts Receivable	3.29	-23.53	-9.52	-6.99	-11.55
Change in Inventory	-0.12	-1.02	-1.57	-2.11	-2.07
Change in Accounts Payable	14.89	11.96	-0.27	42.61	6.79
Operating Cash Flow	162.48	147.46	136.54	144.92	54.1
Operating Cash Flow Growth	10.18%	8.00%	-5.79%	167.86%	-
Capital Expenditures	-105.68	-213.35	-139.21	-132.31	-96.11
Sale of Property, Plant & Equipment	0.78	0.53	14.41	1.43	0.35
Sale (Purchase) of Real Estate	-37.82	-	87.8	-	-
Investment in Securities	-63.23	-29.88	73.99	-236.83	-108.05
Other Investing Activities	-13.73	0.11	0.21	-	-
Investing Cash Flow	-219.68	-242.58	37.19	-367.7	-203.82
Long-Term Debt Issued	477.06	508.73	296.02	642.06	313.37
Long-Term Debt Repaid	-346.82	-263.76	-363.18	-238.63	-106.46
Net Debt Issued (Repaid)	130.24	244.97	-67.15	403.43	206.91
Issuance of Common Stock	19.28	165.67	-	1.05	-
Repurchase of Common Stock	-	-160	-	-150	-
Common Dividends Paid	-29.89	-27.97	-27.89	-31.35	-34.85
Other Financing Activities	-96.45	-79.65	-69.02	11.73	-34.27
Financing Cash Flow	23.18	132.57	-169.27	234.85	137.79
Foreign Exchange Rate Adjustments	-0.46	0.13	-1.28	-5.54	1.72
Net Cash Flow	-34.47	37.58	3.18	6.53	-10.2
Free Cash Flow	56.8	-65.89	-2.67	12.62	-42.01
Free Cash Flow Margin	7.65%	-9.51%	-0.42%	2.40%	-12.20%
Free Cash Flow Per Share	0.11	-0.13	-0.01	0.02	-0.08
Cash Interest Paid	99.46	98.37	93.77	53.31	35.3
Cash Income Tax Paid	20.55	24.93	7.91	5.76	7.15
Levered Free Cash Flow	-15.42	-113.88	-11.64	-70.05	-10.16
Unlevered Free Cash Flow	52.21	-47.86	49.83	-32.91	11.55
Change in Working Capital	18.06	-12.59	-8.93	34.42	-7.79

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.