Hotel Properties 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	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	Dec '20 Dec 31, 2020
Net Income	-1.32	27.22	561.05	40.18	-7.69	-177.48
Depreciation & Amortization	93.14	86.8	78.05	76.55	79.6	80.6
Loss (Gain) From Sale of Assets	0.85	0.55	-15.09	-0.19	0.02	0.16
Asset Writedown & Restructuring Costs	-77.67	-96.63	-645.01	-77.83	-3.6	41.06
Loss (Gain) From Sale of Investments	16.32	1.53	11.98	17.4	-44.8	14.51
Stock-Based Compensation	-	-	-	-	0.32	0.8
Other Operating Activities	122.82	140.6	154.48	54.38	38.04	49.26
Change in Accounts Receivable	-8.61	-23.53	-9.52	-6.99	-11.55	0.46
Change in Inventory	-0.33	-1.02	-1.57	-2.11	-2.07	3.8
Change in Accounts Payable	16.48	11.96	-0.27	42.61	6.79	-34.9
Operating Cash Flow	161.69	147.46	136.54	144.92	54.1	-21.38
Operating Cash Flow Growth	15.77%	8.00%	-5.79%	167.86%	-	-
Capital Expenditures	-116.44	-213.35	-139.21	-132.31	-96.11	-39.52
Sale of Property, Plant & Equipment	0.69	0.53	14.41	1.43	0.35	0.29
Sale (Purchase) of Real Estate	-18.91	-	87.8	-	-	-
Investment in Securities	-32.42	-29.88	73.99	-236.83	-108.05	-114.71
Other Investing Activities	-36	0.11	0.21	-	-	-
Investing Cash Flow	-203.08	-242.58	37.19	-367.7	-203.82	-153.95
Long-Term Debt Issued	-	508.73	296.02	642.06	313.37	456.78
Long-Term Debt Repaid	-	-263.76	-363.18	-238.63	-106.46	-294.08
Net Debt Issued (Repaid)	130.3	244.97	-67.15	403.43	206.91	162.7
Issuance of Common Stock	96.35	165.67	-	1.05	-	-
Repurchase of Common Stock	-80	-160	-	-150	-	-0.91
Common Dividends Paid	-19	-27.97	-27.89	-31.35	-34.85	-34.87
Other Financing Activities	-96.34	-79.65	-69.02	11.73	-34.27	-25.87
Financing Cash Flow	20.85	132.57	-169.27	234.85	137.79	80.22
Foreign Exchange Rate Adjustments	-0.24	0.13	-1.28	-5.54	1.72	-1.33
Net Cash Flow	-20.78	37.58	3.18	6.53	-10.2	-96.43
Free Cash Flow	45.25	-65.89	-2.67	12.62	-42.01	-60.9
Free Cash Flow Margin	6.17%	-9.51%	-0.42%	2.40%	-12.20%	-23.54%
Free Cash Flow Per Share	0.09	-0.13	-0.01	0.02	-0.08	-0.12
Cash Interest Paid	99.85	98.37	93.77	53.31	35.3	28.17
Cash Income Tax Paid	25.85	24.93	7.91	5.76	7.15	8.97
Levered Free Cash Flow	-24.6	-113.88	-11.64	-70.05	-10.16	-73.2
Unlevered Free Cash Flow	41.99	-47.86	49.83	-32.91	11.55	-53.38
Change in Working Capital	7.53	-12.59	-8.93	34.42	-7.79	-30.28

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