DaChan Food (Asia) Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	58.83	47.02	91.85	155.47	202.89
Depreciation & Amortization	175.53	134.02	142.05	157.83	161.67
Other Amortization	4.28	4.43	5.09	6.21	6.34
Loss (Gain) From Sale of Assets	5.27	6.58	6	-6.47	0.12
Asset Writedown & Restructuring Costs	-	-3.31	-6.83	-3.37	10.15
Loss (Gain) on Equity Investments	-5.17	-2.12	1.01	2.82	2.61
Provision & Write-off of Bad Debts	2.34	-1.25	2.64	6.91	0.86
Other Operating Activities	32.84	38.71	-2.03	52.34	127.92
Change in Accounts Receivable	40.6	23.06	76	-97.26	-29.4
Change in Inventory	-54.44	136.11	-58.03	-0.22	-11.18
Change in Accounts Payable	34.21	23.55	106.6	-12.32	51.81
Change in Unearned Revenue	1.01	-10.47	-5.44	-12.9	28.66
Change in Other Net Operating Assets	10.85	10.93	-17.74	28.95	-22.32
Operating Cash Flow	306.15	407.25	341.16	236.52	530.13
Operating Cash Flow Growth	-24.82%	19.37%	44.24%	-55.38%	41.94%
Capital Expenditures	-369.13	-546.28	-375.21	-206.46	-152.78
Sale of Property, Plant & Equipment	18.66	6.57	13.76	21.47	7.04
Investment in Securities	-	-	-	-	25.05
Other Investing Activities	8.21	8.26	13.72	40.29	12.42
Investing Cash Flow	-342.26	-531.45	-347.73	-144.7	-108.27
Long-Term Debt Issued	746.14	1,432	698.78	980.81	848.25
Long-Term Debt Repaid	-711.42	-1,282	-723.32	-1,016	-923.56
Net Debt Issued (Repaid)	34.72	150.07	-24.55	-35.06	-75.3
Other Financing Activities	-56.01	-31.47	-63.17	-65.84	-66.37
Financing Cash Flow	-21.29	118.6	-87.72	-100.9	-141.68
Foreign Exchange Rate Adjustments	0.2	0.26	1.5	2.78	-18.91
Net Cash Flow	-57.19	-5.33	-92.79	-6.31	261.27
Free Cash Flow	-62.98	-139.03	-34.05	30.06	377.34
Free Cash Flow Growth	-	-	-	-92.03%	48.56%
Free Cash Flow Margin	-1.08%	-2.17%	-0.55%	0.46%	6.14%
Free Cash Flow Per Share	-0.06	-0.14	-0.03	0.03	0.37
Cash Interest Paid	23.47	16.88	11.28	21.68	31.57
Cash Income Tax Paid	11.82	12.26	12.04	21.56	53.59
Levered Free Cash Flow	-131.91	-246.32	-90.36	131.78	225.29
Unlevered Free Cash Flow	-117.43	-235.23	-83.31	139.64	237.36
Change in Working Capital	32.23	183.17	101.39	-93.75	17.57

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