FRA:KEC 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	179.53	255.84	219.66	76.3	-194.72	-562.59
Depreciation & Amortization	102.76	112.71	141.33	149.29	154.43	164.34
Loss (Gain) From Sale of Assets	-150.42	-150.42	2.16	-4.36	-0.11	-0.56
Asset Writedown & Restructuring Costs	-103.22	-103.22	-45.8	-3.9	-4.4	322.03
Loss (Gain) From Sale of Investments	3.62	3.62	-11.2	-9.5	7.93	128.96
Loss (Gain) on Equity Investments	-20.67	-20.67	-32.34	-14.07	11.63	15.35
Other Operating Activities	333.21	189.81	53.22	49.68	-22.73	-227.05
Change in Accounts Receivable	9.23	9.23	-22.14	-7.5	0.38	44.11
Change in Inventory	0.75	0.75	0.04	-0.8	-0.07	3.67
Change in Accounts Payable	-17.5	-17.5	40.59	76.65	20.34	-118.68
Operating Cash Flow	337.28	280.15	345.51	311.79	-27.33	-208.04
Operating Cash Flow Growth	19.49%	-18.92%	10.82%	-	-	-
Capital Expenditures	-243.97	-143.19	-47.08	-21.65	-21	-74.3
Sale of Property, Plant & Equipment	0.21	246.58	0.01	6.17	2.08	0.73
Cash Acquisitions	-	-	-	-	-	-63.75
Investment in Securities	22.13	-327.66	-143.52	-70.12	527.88	268
Other Investing Activities	124.26	101.21	87.09	35.57	19.36	18.13
Investing Cash Flow	-97.37	-123.06	-103.5	-50.03	528.32	148.81
Long-Term Debt Issued	-	-	-	-	98.52	548.35
Long-Term Debt Repaid	-	-166.55	-1.55	-53.72	-112.2	-831.81
Net Debt Issued (Repaid)	-71.27	-166.55	-1.55	-53.72	-13.68	-283.46
Common Dividends Paid	-40.82	-44.23	-27.22	-13.61	-	-15.31
Other Financing Activities	-265.08	-245.2	-183.3	-98.39	-44.07	-87.7
Financing Cash Flow	-377.17	-455.97	-212.06	-165.71	-57.75	-386.47
Foreign Exchange Rate Adjustments	5.5	-16.81	-2.49	-0.88	-0.57	-2.79
Net Cash Flow	-131.76	-315.7	27.47	95.18	442.67	-448.49
Free Cash Flow	93.3	136.96	298.43	290.14	-48.33	-282.33
Free Cash Flow Growth	-61.16%	-54.11%	2.86%	-	-	-
Free Cash Flow Margin	5.64%	8.09%	17.17%	20.30%	-10.01%	-42.41%
Free Cash Flow Per Share	0.27	0.40	0.88	0.85	-0.14	-0.83
Cash Interest Paid	72.52	86.33	91.62	41.29	27.13	39.17
Cash Income Tax Paid	82.4	50.42	42.79	24	1.84	38.25
Levered Free Cash Flow	45.76	170.27	119.3	267.9	20.03	-242.46
Unlevered Free Cash Flow	94.23	226.18	181.06	299.33	40.21	-215.26
Change in Working Capital	-7.53	-7.53	18.49	68.35	20.64	-70.9

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