CDL Hospitality Trusts (SGX:J85)

CDL Hospitality Trusts Cash Flow Statement

Financials in millions SGD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-1.77	14.37	123.21	215.28	67.93	-188.02
Depreciation & Amortization	24.18	22.58	21.93	20.98	21.45	16.19
Other Amortization	2.31	2.31	2.17	2.24	1.71	1.59
Gain (Loss) on Sale of Assets	-	-	-0.01	0.02	-	8.8
Asset Writedown	2.92	2.92	-107.51	-143.45	-43.85	185.52
Stock-Based Compensation	11.14	11.26	11.06	10.17	8.25	8.55
Change in Accounts Receivable	6.21	-6.48	-4.52	-3.03	-6.95	-1.32
Change in Accounts Payable	4.07	9.9	5.77	7.36	-0.47	-10.71
Other Operating Activities	69.67	63.76	71.49	6.75	13.48	18.16
Operating Cash Flow	118.9	120.71	123.77	116.41	62.53	49.73
Operating Cash Flow Growth	-5.15%	-2.47%	6.32%	86.17%	25.73%	-58.86%
Acquisition of Real Estate Assets	-159.9	-168.44	-88.81	-85.25	-39.07	-357.84
Sale of Real Estate Assets	-	-	0.01	0.07	-	435.22
Net Sale / Acq. of Real Estate Assets	-159.9	-168.44	-88.8	-85.19	-39.07	77.38
Cash Acquisition	-	-	-	-	-5.6	3.13
Other Investing Activities	0.52	0.6	0.93	-13.43	0.15	0.64
Investing Cash Flow	-158.53	-167.04	-87.3	-98.22	-43.87	81.95
Long-Term Debt Issued	-	736.31	417.64	464.81	310.88	124
Long-Term Debt Repaid	-	-551.54	-353.2	-422.95	-239.18	-168.42
Total Debt Repaid	-545.83	-551.54	-353.2	-422.95	-239.18	-168.42
Net Debt Issued (Repaid)	181.48	184.76	64.44	41.87	71.7	-44.41
Common Dividends Paid	-66.88	-71.29	-75.69	-62.89	-57.11	-77.4
Other Financing Activities	-59.54	-59.28	-50.27	-30.91	-21.75	-24.13
Foreign Exchange Rate Adjustments	0.08	-1.6	-0.27	-6.08	-2.97	5.96
Net Cash Flow	15.5	6.25	-25.32	-39.83	8.54	-8.3
Cash Interest Paid	56.82	56.82	47.92	30.09	20.39	19.05
Cash Income Tax Paid	5.89	5.89	7.35	3.34	10.28	7.15
Levered Free Cash Flow	48.24	60.44	66.97	74.56	42.5	406.56
Unlevered Free Cash Flow	85.43	93.44	95.77	93.09	56.49	420.47
Change in Working Capital	10.53	3.49	1.17	4.28	-7.77	-12.07

Updated Jan 26, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.