Makati Finance Corporation (PSE:MFIN)

Makati Finance Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	20.68	14.46	12.92	17.85	9.7	10.83
Depreciation & Amortization	16.46	16.36	16.65	9.42	12.02	18.5
Other Amortization	0.25	0.25	0.23	-	-	-
Asset Writedown & Restructuring Costs	-4.45	-4.45	-4.82	-24.6	-4.43	0.92
Provision for Credit Losses	17.41	15.55	16.38	18.84	16.32	14.65
Change in Accounts Payable	-20	-11.07	-17.43	4.67	16.51	-11.96
Change in Other Net Operating Assets	-60.43	-81.86	-76.61	46.02	70.51	-29.2
Other Operating Activities	10.34	9.74	4.51	6.04	18.61	58.59
Operating Cash Flow	-13.68	-40.34	-40.1	78.15	138.07	55.53
Operating Cash Flow Growth	-	-	-	-43.40%	148.65%	-
Capital Expenditures	-8.85	-4.28	-2.08	-0.68	-5.93	-0.9
Sale (Purchase) of Intangibles	-1.54	-0.68	-0.38	-0.11	-0.34	-0.02
Investing Cash Flow	26.03	54.14	-2.46	-3.87	-8.49	-0.92
Long-Term Debt Issued	-	126.79	229.33	219.52	144.43	206.07
Long-Term Debt Repaid	-	-142.68	-195.05	-331.41	-274.06	-245.37
Net Debt Issued (Repaid)	-38.22	-15.88	34.29	-111.9	-129.63	-39.29
Common Dividends Paid	-1.94	-1.94	-2.68	-1.46	-1.62	-3.26
Financing Cash Flow	-40.16	-17.82	31.61	-113.35	-131.25	-42.55
Net Cash Flow	-27.81	-4.02	-10.95	-39.06	-1.67	12.06
Free Cash Flow	-22.53	-44.62	-42.18	77.47	132.15	54.63
Free Cash Flow Growth	-	-	-	-41.38%	141.90%	-
Free Cash Flow Margin	-14.99%	-28.46%	-36.12%	69.36%	102.74%	49.01%
Free Cash Flow Per Share	-	-0.16	-0.15	0.29	0.48	0.20
Cash Income Tax Paid	2.24	2.24	3.48	3.86	1.98	1.91

Updated Nov 15, 2024. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.