PropNex 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	70.38	40.92	47.81	62.36	60.03
Depreciation & Amortization	2.56	2.95	3.49	3.61	3.54
Loss (Gain) From Sale of Assets	-	0.01	0	-0	-0
Asset Writedown & Restructuring Costs	-	-	-	-	0
Loss (Gain) From Sale of Investments	-0.37	-0.22	-0.06	-0.33	0.03
Loss (Gain) on Equity Investments	-	-	-	-	0.05
Provision & Write-off of Bad Debts	1.51	-0.16	-6.53	8.64	1.07
Other Operating Activities	7.06	-5.7	-0.45	-5.63	11.28
Change in Accounts Receivable	-35.67	54.64	47.48	-89.49	-63.42
Change in Accounts Payable	44.91	-54.93	-33.54	71.83	70.48
Change in Unearned Revenue	0.83	0.53	0.1	0.42	0.66
Operating Cash Flow	91.21	38.04	58.29	51.41	83.08
Operating Cash Flow Growth	139.80%	-34.75%	13.38%	-38.12%	98.03%
Capital Expenditures	-0.41	-0.29	-0.72	-0.37	-0.54
Sale of Property, Plant & Equipment	-	-	-	0	0
Cash Acquisitions	-	-	-	-	-0.98
Investment in Securities	16.72	-25.5	-	-5.18	-
Other Investing Activities	12.69	11.53	-10.83	1.18	0.95
Investing Cash Flow	28.99	-14.26	-11.55	-4.37	-0.57
Long-Term Debt Repaid	-2.08	-2.15	-2.3	-2.31	-2.23
Net Debt Issued (Repaid)	-2.08	-2.15	-2.3	-2.31	-2.23
Common Dividends Paid	-77.7	-42.55	-48.1	-46.25	-35.15
Other Financing Activities	-3.18	-0.59	-1.82	-5.24	-5.29
Financing Cash Flow	-82.96	-45.29	-52.21	-53.8	-42.67
Net Cash Flow	37.24	-21.52	-5.47	-6.76	39.84
Free Cash Flow	90.8	37.74	57.57	51.05	82.54
Free Cash Flow Growth	140.57%	-34.44%	12.79%	-38.16%	99.07%
Free Cash Flow Margin	8.13%	4.82%	6.87%	4.96%	8.62%
Free Cash Flow Per Share	0.12	0.05	0.08	0.07	0.11
Cash Interest Paid	0.08	0.03	0.04	0.03	0.04
Cash Income Tax Paid	8.38	9.79	13.56	13.39	7.06
Levered Free Cash Flow	65.99	23.82	41.05	25.76	62.24
Unlevered Free Cash Flow	66.05	23.84	41.07	25.78	62.27
Change in Working Capital	10.07	0.24	14.03	-17.24	7.72

Source: S&P Global Market Intelligence. Standard template. Financial Sources.