FRA:B7H 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	896.32	962.41	664.34	709.64	448.37
Depreciation & Amortization	2,639	2,434	2,273	1,653	955.96
Other Amortization	0.79	0.84	0.81	0.81	0.73
Loss (Gain) From Sale of Assets	-0.63	49.46	-22.82	-18.07	-34.91
Asset Writedown & Restructuring Costs	0.48	1.64	5.14	5.83	1.81
Loss (Gain) From Sale of Investments	-0.57	-4.13	110.05	304.23	91.79
Stock-Based Compensation	12.25	-	-	-	-
Provision & Write-off of Bad Debts	175.33	152.05	-	-	-
Other Operating Activities	607.16	881.45	939.66	442.22	345.69
Change in Accounts Receivable	-1,989	-1,115	-412.27	-2,113	-1,055
Change in Inventory	-74.9	16.01	86.09	-125.61	-22.27
Change in Accounts Payable	1,486	369.13	-112.91	307.46	-104.55
Change in Other Net Operating Assets	999.01	517.6	-119.4	1,600	489.27
Operating Cash Flow	4,204	3,950	2,823	2,449	1,027
Operating Cash Flow Growth	6.42%	39.94%	15.25%	138.43%	-
Capital Expenditures	-7,522	-2,435	-3,835	-10,745	-6,910
Sale of Property, Plant & Equipment	757.45	598.82	221.76	425.43	100.61
Divestitures	-	-	-	-1.05	125.35
Sale (Purchase) of Intangibles	-	-	-	-0.47	-1.03
Investment in Securities	0.31	4.13	150.12	-150	-
Other Investing Activities	-	-	-	-	13.9
Investing Cash Flow	-6,764	-1,832	-3,463	-10,471	-6,691
Long-Term Debt Issued	11,881	5,539	10,115	13,580	9,618
Long-Term Debt Repaid	-8,726	-8,160	-6,917	-5,858	-5,964
Net Debt Issued (Repaid)	3,155	-2,621	3,199	7,722	3,654
Issuance of Common Stock	-	1,488	-	1,326	4,741
Repurchase of Common Stock	-89.46	-	-	-	-
Common Dividends Paid	-136.66	-	-	-	-14.31
Other Financing Activities	-792.24	-980.66	-913	-678.18	-2,573
Financing Cash Flow	2,137	-2,113	2,286	8,370	5,808
Foreign Exchange Rate Adjustments	39.95	2.18	6.39	-7.69	-1.14
Net Cash Flow	-383.38	7.47	1,652	341.16	143.05
Free Cash Flow	-3,318	1,516	-1,012	-8,295	-5,882
Free Cash Flow Margin	-28.65%	15.77%	-12.84%	-135.08%	-160.56%
Free Cash Flow Per Share	-1.04	0.50	-0.36	-	-
Cash Interest Paid	743.78	796.09	810.08	689.81	375.93
Cash Income Tax Paid	373.54	287.51	321.22	201.71	137.52
Levered Free Cash Flow	-5,170	685.17	-1,929	-10,023	-
Unlevered Free Cash Flow	-4,666	1,207	-1,351	-9,617	-
Change in Net Working Capital	858.41	44.84	943.01	1,377	-

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