Mapletree Logistics Trust Cash Flow Statement

Financials in millions SGD. Fiscal year is April - March.

Millions SGD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	192.55	207.77	327.48	566.58	782.44	462.73
Depreciation & Amortization	5.33	5.33	4.98	4.12	3.66	2.99
Gain (Loss) on Sale of Assets	-0.05	-0.52	-	-	-	-
Asset Writedown	80.17	67.61	-1.49	-225.77	-565.03	-178.95
Stock-Based Compensation	56.18	56.34	54.43	57.22	41.53	27.29
Income (Loss) on Equity Investments	-	-	-	-	-	-24.34
Change in Accounts Receivable	1.53	-6.53	7.73	53.62	-33.46	3.75
Change in Accounts Payable	21.48	-2.16	17.97	-8.6	18.02	6.57
Other Operating Activities	194.93	207.75	162.16	155.55	244.88	144.95
Operating Cash Flow	553.07	536.03	573.49	609.74	493.93	446.64
Operating Cash Flow Growth	0.77%	-6.53%	-5.95%	23.45%	10.59%	20.95%
Acquisition of Real Estate Assets	-175.76	-344.95	-1,028	-216.19	-883.21	-497.41
Sale of Real Estate Assets	139.48	151.19	180.82	23.23	-	-
Net Sale / Acq. of Real Estate Assets	-36.28	-193.76	-846.78	-192.97	-883.21	-497.41
Cash Acquisition	-	-65.57	-	-43.45	-736.23	-774.02
Other Investing Activities	-8.61	2.76	2.52	5.73	-2.79	1.03
Investing Cash Flow	-33.69	-243.69	-844.25	-230.69	-1,622	-1,270
Long-Term Debt Issued	-	1,151	2,320	1,103	2,875	1,746
Long-Term Debt Repaid	-	-899.91	-1,668	-911.04	-2,050	-1,010
Net Debt Issued (Repaid)	2.14	250.65	652.02	191.68	824.9	736.11
Issuance of Common Stock	-	180	200	-	1,093	644.09
Repurchase of Common Stock	-	-180	-	-	-250	-
Common Dividends Paid	-407.42	-400.69	-433.88	-453.14	-392.29	-335.38
Other Financing Activities	-146.23	-136.7	-137.53	-124.69	-95.4	-94.8
Foreign Exchange Rate Adjustments	-8.57	-2.43	-15.68	-25.61	1.79	2.83
Net Cash Flow	-40.7	3.17	-5.83	-32.71	53.47	129.1
Cash Interest Paid	144.32	146.88	131.33	120.01	92.57	78.02
Cash Income Tax Paid	33.94	33.94	35.76	27.68	31.64	21.6
Levered Free Cash Flow	307.78	361.09	294.28	279.17	275.91	338.74
Unlevered Free Cash Flow	398.6	454.8	380.86	359.49	337.51	389.87
Change in Working Capital	23.01	-8.68	25.71	45.02	-15.44	10.32

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