Avarga 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	3.81	23.56	10.93	50.88	73.3	54.83
Depreciation & Amortization	14.02	14.79	18.78	19.16	18.83	18.4
Loss (Gain) From Sale of Assets	-2.94	-2.6	-0.32	-0.14	0.29	0.07
Asset Writedown & Restructuring Costs	2.57	2.57	14.46	6.14	-	-
Loss (Gain) From Sale of Investments	0.45	0.01	0.92	-	0.28	-
Loss (Gain) on Equity Investments	-	-	-	-	-0.06	-0.04
Provision & Write-off of Bad Debts	1.57	1.57	13.93	0.61	1.32	0.78
Other Operating Activities	5.44	8.75	22.5	-35.57	37.8	15.86
Change in Accounts Receivable	9.51	-21.49	8.47	30.93	1.31	-49.24
Change in Inventory	-8.92	0.58	52.29	-7.61	-39.89	-33.2
Change in Accounts Payable	25.55	15.54	-21.82	-9.85	34.97	53.45
Operating Cash Flow	56.1	48.07	110.1	54.55	128.16	60.92
Operating Cash Flow Growth	-38.79%	-56.34%	101.81%	-57.43%	110.39%	1.81%
Capital Expenditures	-5.33	-4.13	-5.95	-5.94	-3.9	-4.58
Sale of Property, Plant & Equipment	0.48	0.11	0.32	0.13	0.04	0.03
Investment in Securities	-	-	-12.22	0.38	2.32	-
Other Investing Activities	10.15	10.15	-	-	0.06	0.04
Investing Cash Flow	5.3	6.14	-17.86	-5.42	-1.48	-4.51
Long-Term Debt Issued	-	0.5	2	11.58	4.77	14.37
Short-Term Debt Repaid	-	-	-	-	-7.65	-32.92
Long-Term Debt Repaid	-	-23.87	-12.14	-47.84	-17.51	-17.87
Total Debt Repaid	-12.69	-23.87	-12.14	-47.84	-25.16	-50.79
Net Debt Issued (Repaid)	64.32	-23.37	-10.14	-36.26	-20.39	-36.42
Issuance of Common Stock	-	-	-	-	-	0.02
Repurchase of Common Stock	-	-	-	-0.01	-9.91	-1.58
Common Dividends Paid	-	-	-	-	-7.24	-4.74
Other Financing Activities	-53.16	-0.78	-9.44	-2.36	-12.23	-7.13
Financing Cash Flow	11.16	-24.14	-19.57	-38.62	-57.45	-56.66
Foreign Exchange Rate Adjustments	-4.7	-1.54	-0.39	1.05	-0.01	0.04
Net Cash Flow	67.86	28.52	72.28	11.56	69.22	-0.21
Free Cash Flow	50.77	43.94	104.15	48.62	124.26	56.34
Free Cash Flow Growth	-41.32%	-57.81%	114.21%	-60.87%	120.54%	-2.11%
Free Cash Flow Margin	3.19%	2.71%	6.16%	2.05%	5.10%	3.33%
Free Cash Flow Per Share	0.56	0.48	1.15	0.54	1.35	0.59
Cash Interest Paid	4.94	6.54	7.61	9.14	9.65	9.13
Cash Income Tax Paid	11.96	16.07	14.28	83.98	23.87	28.36
Levered Free Cash Flow	78.85	51.84	91.16	56.39	116.13	34.89
Unlevered Free Cash Flow	82.4	55.73	95.56	62.17	122.48	41.45
Change in Working Capital	24.76	-5.37	38.93	13.47	-3.6	-28.98

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