Hysan Development Company 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	255	567	-731	-607	1,842	-1,995
Depreciation & Amortization	41	36	33	32	29	24
Gain (Loss) on Sale of Assets	-3	-3	-1	1	11	7
Gain (Loss) on Sale of Investments	19	19	267	1	-	15
Asset Writedown	1,506	1,506	2,763	3,213	720	4,903
Stock-Based Compensation	5	5	3	7	5	4
Income (Loss) on Equity Investments	83	83	-233	-222	-455	-237
Change in Accounts Receivable	-199	-199	102	-91	126	-200
Change in Accounts Payable	237	237	33	115	-97	-10
Change in Other Net Operating Assets	9	9	-22	-33	-56	-27
Other Operating Activities	475	96	-7	-21	351	-444
Operating Cash Flow	2,428	2,356	2,207	2,395	2,476	2,040
Operating Cash Flow Growth	9.17%	6.75%	-7.85%	-3.27%	21.37%	-36.29%
Acquisition of Real Estate Assets	-2,301	-1,890	-1,669	-3,081	-22,334	-913
Net Sale / Acq. of Real Estate Assets	-2,301	-1,890	-1,669	-3,081	-22,334	-913
Investment in Marketable & Equity Securities	428	264	3,409	-5,851	7,007	-5,305
Other Investing Activities	340	340	398	316	280	425
Investing Cash Flow	-1,533	-1,286	2,138	-8,616	-15,047	-5,793
Long-Term Debt Issued	-	7,823	3,080	9,291	8,310	7,276
Long-Term Debt Repaid	-	-6,613	-4,414	-3,775	-803	-818
Total Debt Repaid	-7,264	-6,613	-4,414	-3,775	-803	-818
Net Debt Issued (Repaid)	2,017	1,210	-1,334	5,516	7,507	6,458
Issuance of Common Stock	-	-	-	-	1	10,506
Repurchase of Common Stock	-5,367	-728	-1	-561	-146	-96
Common Dividends Paid	-1,523	-1,537	-1,921	-1,944	-1,956	-1,637
Other Financing Activities	4,720	-1,033	-1,068	-839	-686	-686
Foreign Exchange Rate Adjustments	-1	-1	2	71	-	-
Net Cash Flow	741	-1,019	23	-3,978	-7,851	10,792
Cash Interest Paid	973	924	969	732	565	510
Cash Income Tax Paid	187	187	224	196	369	718
Levered Free Cash Flow	1,980	2,164	5,557	-1,227	9,843	-3,589
Unlevered Free Cash Flow	2,247	2,425	5,826	-971.5	10,061	-3,274
Change in Working Capital	47	47	113	-9	-27	-237

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