Hang Lung Group 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	2015 - 2019
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	2015 - 2019
Net Income	1,422	1,613	2,811	2,718	2,589	-1,541	Upgrade
Depreciation & Amortization	147	117	88	78	62	48	Upgrade
Gain (Loss) on Sale of Assets	-17	-17	1	4	-16	-1	Upgrade
Asset Writedown	1,197	1,197	62	352	-458	6,856	Upgrade
Stock-Based Compensation	74	74	83	88	66	55	Upgrade
Income (Loss) on Equity Investments	-159	-159	-129	-153	12	291	Upgrade
Change in Accounts Receivable	224	224	58	-249	-263	-1,228	Upgrade
Change in Other Net Operating Assets	-392	-392	619	-4	903	306	Upgrade
Other Operating Activities	2,797	2,399	3,002	2,626	3,556	-707	Upgrade
Operating Cash Flow	5,452	5,215	4,022	4,443	3,043	3,761	Upgrade
Operating Cash Flow Growth	42.95%	29.66%	-9.48%	46.01%	-19.09%	-33.99%	Upgrade
Acquisition of Real Estate Assets	-3,140	-3,284	-3,132	-2,721	-2,878	-3,125	Upgrade
Sale of Real Estate Assets	23	23	19	15	139	6	Upgrade
Net Sale / Acq. of Real Estate Assets	-3,117	-3,261	-3,113	-2,706	-2,739	-3,119	Upgrade
Investment in Marketable & Equity Securities	-12	87	119	-597	1,175	716	Upgrade
Other Investing Activities	214	102	149	100	124	195	Upgrade
Investing Cash Flow	-2,915	-3,072	-2,845	-3,203	-1,440	-2,208	Upgrade
Long-Term Debt Issued	-	45,533	44,802	37,035	25,402	19,130	Upgrade
Long-Term Debt Repaid	-	-38,172	-39,958	-35,911	-18,772	-12,281	Upgrade
Net Debt Issued (Repaid)	1,923	7,361	4,844	1,124	6,630	6,849	Upgrade
Common Dividends Paid	-1,171	-1,171	-1,171	-1,171	-1,144	-1,470	Upgrade
Other Financing Activities	-3,186	-3,805	-4,239	-4,203	-3,667	-3,315	Upgrade
Foreign Exchange Rate Adjustments	-12	-78	-53	-302	86	164	Upgrade
Net Cash Flow	91	4,450	558	-3,312	3,508	3,781	Upgrade
Cash Interest Paid	1,987	2,045	1,893	1,459	1,440	1,392	Upgrade
Cash Income Tax Paid	1,398	1,511	1,379	1,472	1,548	1,475	Upgrade
Levered Free Cash Flow	3,072	3,262	2,236	2,266	2,602	2,724	Upgrade
Unlevered Free Cash Flow	3,623	3,790	2,625	2,546	2,871	2,816	Upgrade
Change in Working Capital	-9	-9	-1,896	-1,270	-2,768	-1,240	Upgrade

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