Cash Flow Statement

Currency: USD

	Sep-2018	Dec-2018	Mar-2019	Jun-2019	Sep-2019	Dec-2019	Jun-2020	Dec-2020	Jun-2021	Dec-2021	Jun-2022	Dec-2022	Jun-2023	Dec-2023
Operating Cash Flow
Net Income	26	63	57	47	47	90	92	69	86	90	103	48	29	(99)
Other Non-Cash Items	(5)	(6)	3	11	14	(23)	(20)	8	(7)	(9)	(21)	29	47	177
Cash Taxes Paid	0	0	0	0	1	0	1	1	1	0	0	0	0	0
Cash Interest Paid	5	13	16	13	15	16	16	15	15	15	16	19	23	24
Change in Working Capital	15	4	11	2	2	7	(1)	(3)	(5)	2	(1)	2	7	6
Cash from Operating Activities	36 N/A	61 +70%	71 +17%	59 -17%	64 +8%	73 +15%	71 -3%	75 +5%	73 -2%	83 +13%	81 -2%	79 -2%	83 +5%	84 +1%
Investing Cash Flow
Other Items	(800)	(980)	(1 028)	(241)	(244)	(180)	(132)	(26)	(19)	(131)	(143)	(8)	(7)	(46)
Cash from Investing Activities	(800) N/A	(980) -23%	(1 028) -5%	(241) +77%	(244) -1%	(180) +26%	(132) +27%	(26) +80%	(19) +26%	(131) -574%	(143) -9%	(8) +95%	(7) +3%	(46) -520%
Financing Cash Flow
Net Issuance of Common Stock	553	646	0	0	0	76	0	0	0	65	65	1	1	(0)
Net Issuance of Debt	279	374	424	135	147	106	76	25	5	58	62	17	15	22
Cash Paid for Dividends	(9)	(24)	(44)	(44)	(44)	(61)	(51)	(39)	(59)	(66)	(62)	(58)	(61)	(55)
Other	(25)	(37)	(39)	(17)	(18)	(17)	(17)	(15)	(15)	(16)	(17)	(19)	(23)	(24)
Cash from Financing Activities	799 N/A	960 +20%	988 +3%	168 -83%	178 +6%	104 -41%	84 -19%	(29) N/A	(68) -131%	42 N/A	48 +14%	(59) N/A	(68) -15%	(58) +15%
Change in Cash
Net Change in Cash	34 N/A	41 +18%	32 -22%	(14) N/A	(2) +86%	(2) -17%	23 N/A	19 -17%	(14) N/A	(6) +54%	(14) -124%	12 N/A	7 -40%	(20) N/A
Free Cash Flow
Free Cash Flow	36 N/A	61 +70%	71 +17%	59 -17%	64 +8%	73 +15%	71 -3%	75 +5%	73 -2%	83 +13%	81 -2%	79 -2%	83 +5%	84 +1%

Keppel Pacific Oak US REIT
SGX:CMOU