Singapore Land Group Cash Flow Statement

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

Millions SGD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	291.93	284.23	270.84	455.12	331.24	90.23
Depreciation & Amortization	44.68	45.23	49	44.72	41.76	49.94
Gain (Loss) on Sale of Assets	-21.54	-21.5	0.84	1.59	0.22	8.41
Gain (Loss) on Sale of Investments	0.15	0.4	-0.02	-0.1	-34.45	1.62
Asset Writedown	-70.71	-65.75	-109.36	-233.05	-105.24	112.12
Stock-Based Compensation	-0	0.01	0.03	0.1	0.26	0.01
Income (Loss) on Equity Investments	-7.42	-16.24	-1.33	-80.52	-49.09	-25.75
Change in Accounts Receivable	-37.9	-48.77	20.03	12.41	4.53	-40.25
Change in Accounts Payable	-3.1	16.01	28.07	-4.27	-19.69	-27.2
Change in Other Net Operating Assets	1.29	-0.41	0.13	0.23	-0.34	0.36
Other Operating Activities	1.57	22.49	9.33	25.09	-28.1	-35.05
Operating Cash Flow	202.28	227.74	296.32	258.05	167.46	194.01
Operating Cash Flow Growth	-35.87%	-23.14%	14.83%	54.10%	-13.68%	-55.34%
Acquisition of Real Estate Assets	-102.89	-161.44	-319.36	-67.27	-62.59	-32.57
Sale of Real Estate Assets	0.03	0.01	0.11	0.03	0	0.04
Net Sale / Acq. of Real Estate Assets	-102.86	-161.43	-319.25	-67.25	-62.59	-32.53
Investment in Marketable & Equity Securities	-399.2	2.99	-0.6	-1.4	73.74	-0.8
Other Investing Activities	202.43	22.68	85.93	16.83	-66.32	-35.58
Investing Cash Flow	-172.37	-8.49	-233.93	-51.81	-55.16	-68.91
Short-Term Debt Issued	-	-	-	41.11	316.94	150.1
Long-Term Debt Issued	-	7.95	53.81	9.14	26.61	35.69
Total Debt Issued	187.33	7.95	53.81	50.25	343.55	185.79
Short-Term Debt Repaid	-	-	-	-151.48	-300.2	-242.11
Long-Term Debt Repaid	-	-144.2	-10.61	-25.28	-20.02	-7.25
Total Debt Repaid	-141.09	-144.2	-10.61	-176.76	-320.22	-249.36
Net Debt Issued (Repaid)	46.24	-136.25	43.21	-126.51	23.33	-63.57
Issuance of Common Stock	-	-	-	-	-	0.2
Common Dividends Paid	-64.47	-57.31	-50.14	-50.14	-50.14	-57.31
Other Financing Activities	-77.97	-68.45	-53.31	-32.22	-81.21	-4.48
Net Cash Flow	-66.29	-42.76	2.14	-2.63	4.28	-0.05
Cash Interest Paid	18.67	18.55	14.92	12.57	8.81	10.46
Cash Income Tax Paid	48.12	37.64	40.87	32.98	56.82	41.85
Levered Free Cash Flow	253.51	237.91	84.01	253.81	163.25	172.85
Unlevered Free Cash Flow	265.26	248.71	90.72	261.77	167.91	178.21
Change in Working Capital	-36.37	-21.15	76.99	45.1	10.85	-8.29

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.