FRA:TYU2 Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	262.8	318.23	1,378	502.29
Depreciation & Amortization	1,419	1,623	1,403	1,362
Loss (Gain) From Sale of Assets	74.55	27.34	255.52	5.6
Asset Writedown & Restructuring Costs	53.42	-	82.14	-
Loss (Gain) From Sale of Investments	-0.53	0.84	-320.43	-8.62
Loss (Gain) on Equity Investments	-46.8	-18.26	-102.06	-0.02
Provision & Write-off of Bad Debts	-2.17	-35.74	49.44	314.87
Other Operating Activities	228.16	171.59	298.56	511.44
Change in Accounts Receivable	77.98	498.18	86.05	147.34
Change in Inventory	-96.22	699.83	-233.78	718.07
Change in Accounts Payable	3,463	1,809	2,991	2,302
Change in Unearned Revenue	-47.04	-34.94	246.46	142.44
Change in Other Net Operating Assets	-103.16	-165.92	-4.62	-373.39
Operating Cash Flow	5,283	4,893	6,129	5,625
Operating Cash Flow Growth	7.97%	-20.17%	8.97%	155.12%
Capital Expenditures	-511.25	-889.52	-533.51	-1,049
Sale of Property, Plant & Equipment	3.75	3.57	2.37	34.65
Cash Acquisitions	-	-464	-38.6	-
Investment in Securities	-601.62	-348	-	22.84
Other Investing Activities	283.59	-378.62	-17.34	-233.53
Investing Cash Flow	-825.53	-2,077	-587.08	-1,225
Long-Term Debt Issued	6,897	6,892	6,799	7,095
Total Debt Issued	6,897	6,892	6,799	7,095
Long-Term Debt Repaid	-10,692	-9,163	-10,945	-10,629
Total Debt Repaid	-10,692	-9,163	-10,945	-10,629
Net Debt Issued (Repaid)	-3,796	-2,272	-4,145	-3,534
Repurchase of Common Stock	-	-187.44	-	-
Common Dividends Paid	-316.11	-328.07	-164.46	-
Other Financing Activities	-392.71	-357.24	-1,097	-386.63
Financing Cash Flow	-4,505	-3,145	-5,407	-3,921
Foreign Exchange Rate Adjustments	-9.37	-21.13	38.1	52.72
Net Cash Flow	-56.47	-349.31	173.09	531.3
Free Cash Flow	4,772	4,004	5,596	4,575
Free Cash Flow Growth	19.19%	-28.46%	22.30%	408.27%
Free Cash Flow Margin	30.61%	20.76%	24.82%	20.64%
Free Cash Flow Per Share	1.51	1.23	1.70	1.39
Cash Interest Paid	392.69	357.24	345.23	379.93
Cash Income Tax Paid	41.08	76.54	96.57	64
Levered Free Cash Flow	708.66	-228.56	4,030	674.49
Unlevered Free Cash Flow	952.06	-6.96	4,243	912
Change in Working Capital	3,295	2,806	3,085	2,937

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