Power Assets Holdings Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	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	6,155	6,119	6,003	5,649	6,140	6,132
Depreciation & Amortization	3	3	4	3	3	4
Loss (Gain) on Equity Investments	-6,047	-5,855	-5,264	-4,778	-4,896	-5,111
Change in Accounts Receivable	-132	10	1	3	-53	13
Change in Accounts Payable	215	179	-477	-502	-220	-46
Change in Other Net Operating Assets	628	632	442	-4	44	-13
Other Operating Activities	55	-147	841	401	-79	-17
Operating Cash Flow	877	941	1,550	772	939	962
Operating Cash Flow Growth	-21.42%	-39.29%	100.78%	-17.79%	-2.39%	-32.40%
Capital Expenditures	-1	-	-2	-1	-	-2
Investment in Securities	-200	963	628	-2,185	1,226	1,499
Other Investing Activities	4,506	4,723	3,574	6,194	4,705	3,637
Investing Cash Flow	4,305	5,686	4,200	4,008	5,931	5,134
Long-Term Debt Issued	-	1,126	-	-	3,685	-
Long-Term Debt Repaid	-	-1,464	-181	-2	-3,682	-3
Net Debt Issued (Repaid)	949	-338	-181	-2	3	-3
Repurchase of Common Stock	-	-	-	-121	-	-
Common Dividends Paid	-6,010	-6,010	-6,009	-6,019	-6,019	-5,976
Financing Cash Flow	-5,061	-6,348	-6,190	-6,142	-6,016	-5,979
Foreign Exchange Rate Adjustments	-9	-2	13	4	-1	32
Net Cash Flow	112	277	-427	-1,358	853	149
Free Cash Flow	876	941	1,548	771	939	960
Free Cash Flow Growth	-21.44%	-39.21%	100.78%	-17.89%	-2.19%	-32.54%
Free Cash Flow Margin	107.22%	102.39%	119.81%	60.95%	57.64%	65.62%
Free Cash Flow Per Share	0.41	0.44	0.73	0.36	0.44	0.45
Cash Interest Paid	203	196	170	108	153	91
Cash Income Tax Paid	223	318	94	41	83	39
Levered Free Cash Flow	-25.5	413.25	475.5	515.5	922.63	-285.63
Unlevered Free Cash Flow	100.13	518.88	564.88	580.5	1,001	-231.88
Change in Working Capital	711	821	-34	-503	-229	-46

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