SGXC:5WJ 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	71.69	38.22	22.67	22.05	19.81
Depreciation & Amortization	13.32	12.21	11.46	13.07	12.02
Other Amortization	-	-	-	-	0.07
Loss (Gain) From Sale of Assets	0.01	-0.04	0	-0.15	-
Loss (Gain) From Sale of Investments	-	0.8	0.23	-	-0.38
Other Operating Activities	54.38	45.34	27.26	16.41	10.91
Change in Accounts Receivable	-246.69	-149.23	-130.03	-101.97	-92.5
Change in Inventory	-49.83	-16.03	13.11	-8.52	-30.8
Change in Accounts Payable	-19.69	-3.52	10.69	16.19	15.98
Change in Other Net Operating Assets	-1.16	1.05	-2.08	-2.73	-1.42
Operating Cash Flow	-177.98	-71.21	-46.69	-45.64	-66.31
Capital Expenditures	-1.62	-1.81	-3.13	-4.53	-2.16
Sale of Property, Plant & Equipment	-	-	0.11	0.15	-
Cash Acquisitions	-1.2	-0.43	-	-	-
Divestitures	-0.5	-0	-	-	-
Sale (Purchase) of Intangibles	-	-0.2	-	-0.31	-0.48
Other Investing Activities	0.1	0.11	-	0.06	-
Investing Cash Flow	-3.22	-2.33	-3.02	-4.62	-2.64
Long-Term Debt Issued	591.83	418.9	327.83	179.69	141.48
Long-Term Debt Repaid	-367.21	-303.94	-256.57	-109.01	-55.4
Net Debt Issued (Repaid)	224.62	114.95	71.26	70.68	86.07
Common Dividends Paid	-6.19	-4.42	-4.42	-4.2	-4.18
Other Financing Activities	-32.57	-30.75	-24.2	-14.59	-9.46
Financing Cash Flow	185.86	79.78	42.64	51.89	72.44
Net Cash Flow	4.66	6.24	-7.07	1.63	3.49
Free Cash Flow	-179.59	-73.01	-49.82	-50.16	-68.47
Free Cash Flow Margin	-33.14%	-18.72%	-17.44%	-19.79%	-34.37%
Free Cash Flow Per Share	-0.20	-0.08	-0.06	-0.06	-0.08
Cash Interest Paid	32.16	30.75	24.2	14.59	9.46
Cash Income Tax Paid	11.38	7.92	7.25	6.07	4.29
Levered Free Cash Flow	-190.78	-132.29	-64.16	-43.2	-39.77
Unlevered Free Cash Flow	-169.64	-112.87	-49.04	-34.08	-33.85
Change in Working Capital	-317.36	-167.73	-108.31	-97.02	-108.73

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.