PCCW Limited (HKG:0008)
Hong Kong · Delayed Price · Currency is HKD 5.44
-0.05 (-0.82%)
Sep 10, 2026, 4:08 PM HKT
PCCW Limited Cash Flow Statement
Financials in millions HKD. Fiscal year is January - December.
Millions HKD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 3,659 | 3,423 | 2,788 | 2,499 | 3,422 | 4,064 |
Depreciation & Amortization | 3,253 | 3,013 | 3,445 | 3,563 | 6,356 | 4,370 |
Other Amortization | 4,830 | 4,717 | 4,026 | 4,300 | 1,561 | 3,769 |
Loss (Gain) From Sale of Assets | -353 | -353 | -157 | -119 | -809 | -919 |
Asset Writedown & Restructuring Costs | - | - | - | - | - | 5 |
Loss (Gain) From Sale of Investments | -102 | -102 | -264 | -169 | 52 | 80 |
Loss (Gain) on Equity Investments | 146 | 146 | 355 | 252 | 278 | -572 |
Stock-Based Compensation | 59 | 59 | 54 | 46 | 52 | 55 |
Provision & Write-off of Bad Debts | 232 | 232 | 274 | 245 | 250 | 262 |
Other Operating Activities | 1,722 | 2,029 | 2,447 | 2,266 | 1,668 | 1,686 |
Change in Accounts Receivable | -2,337 | -2,337 | -422 | 726 | -1,089 | -2,501 |
Change in Inventory | 427 | 427 | -505 | 460 | -822 | -372 |
Change in Accounts Payable | 2,639 | 2,639 | 547 | 139 | 1,885 | 1,388 |
Change in Unearned Revenue | 242 | 242 | -105 | 3 | -123 | 212 |
Change in Other Net Operating Assets | -1,926 | -1,926 | -1,858 | -865 | -2,342 | -1,823 |
Operating Cash Flow | 12,491 | 12,209 | 10,625 | 13,346 | 10,339 | 9,704 |
Operating Cash Flow Growth | 10.66% | 14.91% | -20.39% | 29.08% | 6.54% | -23.56% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -2,068 | -2,068 | -2,165 | -2,187 | -2,332 | -3,591 |
Sale of Property, Plant & Equipment | 2 | 2 | 4 | 2 | 4 | 44 |
Cash Acquisitions | - | -61 | - | - | - | - |
Divestitures | - | - | - | - | 2,041 | 3,470 |
Sale (Purchase) of Intangibles | -5,598 | -5,598 | -5,384 | -5,836 | -4,574 | -4,328 |
Sale (Purchase) of Real Estate | - | - | - | - | - | -1 |
Investment in Securities | -257 | -353 | -80 | 602 | -1,009 | -3,857 |
Other Investing Activities | 185 | -68 | -70 | -43 | -137 | 643 |
Investing Cash Flow | -7,736 | -8,146 | -7,695 | -7,462 | -6,007 | -7,620 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 2 | - | 29 | - | 22 |
Long-Term Debt Issued | - | 50,758 | 40,414 | 33,972 | 33,243 | 28,587 |
Total Debt Issued | 52,989 | 50,760 | 40,414 | 34,001 | 33,243 | 28,609 |
Short-Term Debt Repaid | - | -7 | -3 | - | -7 | - |
Long-Term Debt Repaid | - | -45,784 | -41,979 | -33,727 | -31,855 | -29,877 |
Lease Payments | -1,425 | -1,425 | -1,492 | -1,518 | -1,526 | -1,903 |
Total Debt Repaid | -45,791 | -45,791 | -41,982 | -33,727 | -31,862 | -29,877 |
Net Debt Issued (Repaid) | 7,198 | 4,969 | -1,568 | 274 | 1,381 | -1,268 |
Issuance of Common Stock | 5,232 | - | - | - | - | 5,776 |
Repurchase of Common Stock | -4,790 | -276 | - | - | - | - |
Common Dividends Paid | -3,191 | -3,191 | -3,193 | -3,191 | -3,112 | -2,614 |
Other Financing Activities | -7,448 | -5,257 | 1,499 | -3,351 | -4,098 | -3,463 |
Financing Cash Flow | -2,999 | -3,755 | -3,262 | -6,268 | -5,829 | -1,569 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -6 | -4 | -7 | 2 | -58 | -32 |
Net Cash Flow | 1,750 | 304 | -339 | -382 | -1,555 | 483 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 10,423 | 10,141 | 8,460 | 11,159 | 8,007 | 6,113 |
Free Cash Flow Growth | 14.25% | 19.87% | -24.19% | 39.37% | 30.98% | -36.73% |
Free Cash Flow Margin | 25.09% | 25.19% | 22.53% | 30.70% | 22.20% | 17.24% |
Free Cash Flow Per Share | 1.35 | 1.31 | 1.09 | 1.44 | 1.04 | 0.79 |
Levered Free Cash Flow | 4,433 | 2,795 | 2,519 | 3,071 | 3,660 | 4,860 |
Unlevered Free Cash Flow | 5,912 | 4,247 | 4,163 | 4,622 | 4,709 | 5,726 |
Free Cash Flow After Leases | 8,998 | 8,716 | 6,968 | 9,641 | 6,481 | 4,210 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 2,146 | 2,146 | 2,397 | 2,259 | 1,259 | 1,426 |
Cash Income Tax Paid | 286 | 286 | 317 | 366 | 134 | 94 |
Change in Working Capital | -955 | -955 | -2,343 | 463 | -2,491 | -3,096 |