PCCW Limited Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,788	2,499	3,422	4,064
Depreciation & Amortization	3,336	3,563	6,356	4,370
Other Amortization	4,135	4,300	1,561	3,769
Loss (Gain) From Sale of Assets	-157	-119	-809	-919
Asset Writedown & Restructuring Costs	-	-	-	5
Loss (Gain) From Sale of Investments	-264	-169	52	80
Loss (Gain) on Equity Investments	355	252	278	-572
Stock-Based Compensation	54	46	52	55
Provision & Write-off of Bad Debts	274	245	250	262
Other Operating Activities	2,447	2,266	1,668	1,686
Change in Accounts Receivable	-422	726	-1,089	-2,501
Change in Inventory	-505	460	-822	-372
Change in Accounts Payable	547	139	1,885	1,388
Change in Unearned Revenue	-105	3	-123	212
Change in Other Net Operating Assets	-1,858	-865	-2,342	-1,823
Operating Cash Flow	10,625	13,346	10,339	9,704
Operating Cash Flow Growth	-20.39%	29.08%	6.54%	-23.56%
Capital Expenditures	-2,165	-2,187	-2,332	-3,591
Sale of Property, Plant & Equipment	4	2	4	44
Divestitures	-	-	2,041	3,470
Sale (Purchase) of Intangibles	-5,384	-5,836	-4,574	-4,328
Sale (Purchase) of Real Estate	-	-	-	-1
Investment in Securities	-80	602	-1,009	-3,857
Other Investing Activities	-70	-43	-137	643
Investing Cash Flow	-7,695	-7,462	-6,007	-7,620
Short-Term Debt Issued	-	29	-	22
Long-Term Debt Issued	40,414	33,972	33,243	28,587
Total Debt Issued	40,414	34,001	33,243	28,609
Short-Term Debt Repaid	-3	-	-7	-
Long-Term Debt Repaid	-41,979	-33,727	-31,855	-29,877
Total Debt Repaid	-41,982	-33,727	-31,862	-29,877
Net Debt Issued (Repaid)	-1,568	274	1,381	-1,268
Issuance of Common Stock	-	-	-	5,776
Common Dividends Paid	-3,193	-3,191	-3,112	-2,614
Other Financing Activities	1,499	-3,351	-4,098	-3,463
Financing Cash Flow	-3,262	-6,268	-5,829	-1,569
Foreign Exchange Rate Adjustments	-7	2	-58	-32
Net Cash Flow	-339	-382	-1,555	483
Free Cash Flow	8,460	11,159	8,007	6,113
Free Cash Flow Growth	-24.19%	39.37%	30.98%	-36.73%
Free Cash Flow Margin	22.53%	30.70%	22.20%	17.24%
Free Cash Flow Per Share	1.09	1.44	1.04	0.79
Cash Interest Paid	2,440	2,259	1,259	1,426
Cash Income Tax Paid	317	366	134	94
Levered Free Cash Flow	2,519	3,071	3,660	4,860
Unlevered Free Cash Flow	4,163	4,622	4,709	5,726
Change in Working Capital	-2,343	463	-2,491	-3,096

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