SGX:T82U 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	177.96	126.78	185.38	476.81	476.44
Depreciation & Amortization	0.91	0.61	0.62	0.68	0.79
Other Amortization	6.38	8.79	11.5	7.72	8.47
Gain (Loss) on Sale of Assets	-4.8	-14.96	-9.8	-	-13.89
Gain (Loss) on Sale of Investments	-	-	-	-	-13.93
Asset Writedown	22.82	30.51	-109.86	-159.12	-223.97
Stock-Based Compensation	28.23	28.41	28.48	28.42	42.99
Income (Loss) on Equity Investments	-128.26	-80.5	-36	-144.86	-102.91
Change in Accounts Receivable	-1.67	14	-18.46	-4.82	-4.76
Change in Accounts Payable	3.3	-18.79	13.77	8.83	5.57
Other Operating Activities	162.75	160.04	186.1	70.75	71.31
Operating Cash Flow	267.65	254.58	252.02	284.18	243.73
Operating Cash Flow Growth	5.13%	1.01%	-11.32%	16.60%	14.92%
Acquisition of Real Estate Assets	-22.09	-12.59	-11.31	-14.09	-8.31
Sale of Real Estate Assets	30.55	89	43.14	-	192.51
Net Sale / Acq. of Real Estate Assets	8.46	76.41	31.83	-14.09	184.2
Cash Acquisition	-	-	-	-	-651.57
Investment in Marketable & Equity Securities	-3.03	-4.19	-4.73	-11.21	281.64
Other Investing Activities	173.61	102.51	671.06	140.08	103.05
Investing Cash Flow	179.03	174.73	698.15	114.77	-82.68
Long-Term Debt Issued	1,098	950	1,146	900	1,581
Long-Term Debt Repaid	-1,268	-982.61	-1,750	-873.1	-1,474
Net Debt Issued (Repaid)	-169.25	-32.61	-603.85	26.9	107.01
Issuance of Common Stock	250	-	-	-	150
Common Dividends Paid	-210.78	-203.16	-223.88	-277.42	-256.82
Other Financing Activities	-353.47	-178.44	-173.26	-133.07	-117.14
Foreign Exchange Rate Adjustments	1.23	-1.68	-0.87	-14.07	-3.27
Net Cash Flow	-35.58	13.42	-51.69	1.3	40.84
Cash Income Tax Paid	11.77	12.7	21.11	5.42	3.89
Levered Free Cash Flow	184.72	159.38	32.61	221.19	139.8
Unlevered Free Cash Flow	274.96	260.42	129.28	303.6	204.73
Change in Working Capital	1.63	-4.78	-4.69	4	0.81

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