GRC Limited Cash Flow Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	12.21	-27.79	16.3	1.25
Depreciation & Amortization	12.28	8.84	10.25	12.74
Loss (Gain) From Sale of Assets	-0.59	-0.44	-0.2	-0.15
Asset Writedown & Restructuring Costs	1.24	-9.33	1.77	3.28
Loss (Gain) on Equity Investments	-	0.08	0.11	0.14
Provision & Write-off of Bad Debts	0.84	1.14	-	0.14
Other Operating Activities	7.63	34.88	13.27	1.27
Change in Accounts Receivable	-23.32	48.74	-31.63	-60.06
Change in Inventory	-2.14	-1.6	1.61	-2.35
Change in Accounts Payable	33.93	-31.78	7.93	42.4
Change in Other Net Operating Assets	-23.1	-20.53	-20.29	-13.35
Operating Cash Flow	18.97	2.22	-0.88	-14.69
Operating Cash Flow Growth	754.08%	-	-	-
Capital Expenditures	-11.69	-12.45	-5.87	-5.16
Sale of Property, Plant & Equipment	1.17	0.7	0.21	0.42
Cash Acquisitions	-	6.86	-	-
Sale (Purchase) of Intangibles	-	-0.39	-	-
Investing Cash Flow	-10.52	-5.28	-5.66	-4.74
Long-Term Debt Issued	-	18.88	-	-
Long-Term Debt Repaid	-16.93	-8.04	-5.53	-2.24
Net Debt Issued (Repaid)	-16.93	10.84	-5.53	-2.24
Other Financing Activities	2.25	-1.45	2.3	3.41
Financing Cash Flow	-14.68	9.4	-3.23	1.16
Foreign Exchange Rate Adjustments	-0.19	-0.09	-0.06	-0.01
Net Cash Flow	-6.42	6.24	-9.83	-18.27
Free Cash Flow	7.28	-10.23	-6.75	-19.85
Free Cash Flow Margin	1.29%	-1.96%	-1.07%	-4.83%
Free Cash Flow Per Share	-	-0.08	-	-
Cash Interest Paid	1.3	3.8	2.5	0.53
Cash Income Tax Paid	-0.47	2.02	2.44	2.78
Levered Free Cash Flow	-3.44	52.23	-18.3	-
Unlevered Free Cash Flow	-2.42	54.07	-16.85	-
Change in Net Working Capital	12.49	-80.18	29.38	-

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