Mapletree Pan Asia Commercial Trust (SGX:N2IU)

SGX:N2IU Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Net Income	256.77	265.65	588.83	582.74	486.2	347.02
Depreciation & Amortization	0.71	0.71	0.68	1.07	0.83	0.15
Gain (Loss) on Sale of Assets	10.13	12.95	-4.01	-	-	-
Asset Writedown	115.3	115.29	-154.02	-141.77	-43.5	-70.29
Stock-Based Compensation	17.69	17.93	18	19.94	19.52	15.5
Income (Loss) on Equity Investments	-6.86	-10.65	-8.85	-6.38	-9.43	-
Change in Accounts Receivable	-22.68	-4.37	-1.83	-2.49	6.42	4.6
Change in Accounts Payable	-8.06	-11.54	8.33	3.9	18.61	-9.83
Change in Other Net Operating Assets	-1.19	-1.04	0.5	-1.63	2.87	-0.12
Other Operating Activities	187.31	201.06	186.42	269.2	123.64	76.35
Operating Cash Flow	549.18	586	634.03	725.03	605.31	363.63
Operating Cash Flow Growth	-12.90%	-7.58%	-12.55%	19.78%	66.47%	2.30%

Investing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Acquisition of Real Estate Assets	-64.98	-87.6	-57.8	-65.12	-2,298	-18.73
Sale of Real Estate Assets	317.56	390.57	762.45	-	0.01	-
Net Sale / Acq. of Real Estate Assets	252.59	302.97	704.65	-65.12	-2,298	-18.73
Cash Acquisition	-	-	-	-	-	-0.45
Investment in Marketable & Equity Securities	-5.57	-5.57	-	-	-	-
Other Investing Activities	7.31	7.71	6.77	8.82	4.38	0.34
Investing Cash Flow	254.33	305.11	711.41	-56.3	-2,293	-18.84

Financing Activities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Long-Term Debt Issued	-	2,585	1,973	1,433	2,291	137.9
Long-Term Debt Repaid	-	-2,859	-2,634	-1,459	-1,815	-156.8
Lease Payments	-0.03	-0.03	-0.03	-0.07	-0.05	-
Net Debt Issued (Repaid)	-45.16	-274.7	-661.04	-25.87	476.65	-18.9
Issuance of Common Stock	-	-	-	-	2,041	-
Common Dividends Paid	-422.42	-427.42	-444.27	-470.16	-500.75	-322.23
Other Financing Activities	-104.75	-189.72	-216.65	-223.85	-249.87	-72.03

Net Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Foreign Exchange Rate Adjustments	1.22	-5.03	-0.32	-8.42	-7.7	-
Net Cash Flow	-17.6	-5.76	23.18	-59.56	71.03	-68.37

Free Cash Flow

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Levered Free Cash Flow	356.44	197.06	288.1	287.71	323.62	193.27
Unlevered Free Cash Flow	451.4	300.78	446.45	473.5	441.15	227.06

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Sep 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash Interest Paid	166.26	187.41	215.08	215.45	145.79	71.89
Cash Income Tax Paid	20.02	20.23	17.74	22.76	24.46	0.01
Change in Working Capital	-31.92	-16.94	6.98	0.08	28.03	-5.36

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 2, 2026

Data Sources Report a data error