Swire Properties 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	-3,764	-766	2,637	7,980	7,112	4,096
Depreciation & Amortization	426	413	375	317	360	362
Other Amortization	129	102	140	111	60	51
Gain (Loss) on Sale of Assets	232	232	504	-619	-1,236	-1,823
Gain (Loss) on Sale of Investments	-	-	-323	-	12	-
Asset Writedown	5,981	5,981	2,829	-801	1,947	4,465
Change in Accounts Receivable	-797	-797	-902	-89	-96	-855
Change in Accounts Payable	-35	-35	281	62	867	-392
Change in Other Net Operating Assets	-27	-27	-3	-43	41	8
Other Operating Activities	5,014	-374	504	-388	-1,289	-564
Operating Cash Flow	6,192	3,762	5,445	4,756	5,045	5,469
Operating Cash Flow Growth	37.11%	-30.91%	14.49%	-5.73%	-7.75%	25.01%
Acquisition of Real Estate Assets	-4,654	-4,445	-2,988	-7,229	-4,040	-1,504
Sale of Real Estate Assets	143	454	5,291	609	3,758	1,394
Net Sale / Acq. of Real Estate Assets	-4,511	-3,991	2,303	-6,620	-282	-110
Cash Acquisition	-272	-	-3,699	-	-	-
Investment in Marketable & Equity Securities	-1,790	-1,761	-11,705	-2,863	-2,894	-289
Other Investing Activities	-598	-472	-1,152	557	-174	638
Investing Cash Flow	-3,308	-6,277	-13,861	-7,999	-3,196	8,416
Short-Term Debt Issued	-	2,049	-	-	-	-
Long-Term Debt Issued	-	15,312	18,265	7,237	1,400	3,767
Total Debt Issued	23,301	17,361	18,265	7,237	1,400	3,767
Long-Term Debt Repaid	-	-7,618	-3,212	-9,075	-4,256	-6,255
Net Debt Issued (Repaid)	13,302	9,743	15,053	-1,838	-2,856	-2,488
Repurchase of Common Stock	-1,461	-723	-	-	-	-
Common Dividends Paid	-6,375	-6,201	-5,909	-5,616	-5,383	-5,206
Other Financing Activities	-720	-62	-79	907	-132	-119
Foreign Exchange Rate Adjustments	96	-127	-54	-541	153	167
Net Cash Flow	7,726	115	595	-10,331	-6,369	6,239
Cash Interest Paid	1,742	1,709	1,222	742	768	845
Cash Income Tax Paid	1,295	1,276	963	1,127	1,635	1,589
Levered Free Cash Flow	3,215	-2,659	5,673	3,245	3,046	3,891
Unlevered Free Cash Flow	3,901	-2,010	6,048	3,367	3,294	4,212
Change in Working Capital	-1,826	-1,826	-1,221	-1,844	-1,921	-1,118

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