Founder Group Limited (FGL)

Founder Group Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	7.15	7.15	3.94	1.92
Depreciation & Amortization	0.32	0.32	0.42	0.36
Asset Writedown & Restructuring Costs	-0.3	-0.3	-	0
Provision & Write-off of Bad Debts	-0.03	-0.03	0.03	-
Other Operating Activities	1.16	1.16	0.21	2.02
Change in Accounts Receivable	-44.31	-44.31	-18.89	-3.52
Change in Inventory	-0.28	-0.28	-0.96	-0.62
Change in Accounts Payable	19.86	19.86	13.43	5.19
Change in Unearned Revenue	-0.81	-0.81	0.6	0.2
Change in Income Taxes	1.56	1.56	0.05	0.11
Change in Other Net Operating Assets	-1.63	-1.63	-1.35	-0.12
Operating Cash Flow	-17.45	-17.45	-2.53	5.54
Capital Expenditures	-1.46	-1.46	-0.16	-0.89
Investing Cash Flow	-1.46	-1.46	-0.16	-0.89
Long-Term Debt Repaid	-0.13	-0.13	-0.1	-0.05
Net Debt Issued (Repaid)	-0.13	-0.13	-0.1	-0.05
Issuance of Common Stock	-	-	-	0.07
Other Financing Activities	16.38	16.38	9.63	-3.26
Financing Cash Flow	16.25	16.25	9.52	-3.24
Foreign Exchange Rate Adjustments	0.02	0.02	0.11	-0.12
Net Cash Flow	-2.63	-2.63	6.94	1.29
Free Cash Flow	-18.91	-18.91	-2.69	4.65
Free Cash Flow Margin	-12.77%	-12.77%	-4.23%	18.49%
Free Cash Flow Per Share	-1.20	-1.20	-0.17	0.30
Cash Interest Paid	-	-	0.32	-
Levered Free Cash Flow	-23.88	-23.88	2.24	-
Unlevered Free Cash Flow	-23.11	-23.11	2.44	-
Change in Net Working Capital	28.78	28.78	1.1	-

Source: S&P Capital IQ. Standard template. Financial Sources.