HKG:0032 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	718.4	434.51	519.97	-445.25	-49.25	725.24
Depreciation & Amortization	124.38	114.47	91.96	74.2	89.31	95.85
Loss (Gain) From Sale of Assets	-0.93	-0.93	0.18	-1.34	-0.26	-0.21
Loss (Gain) From Sale of Investments	-243.35	-243.35	-98.01	776.97	688.01	-54.87
Loss (Gain) on Equity Investments	-13.3	-13.3	-263.19	-250.99	-548.36	-454.48
Provision & Write-off of Bad Debts	-	-	-	9.07	7.62	1.93
Other Operating Activities	-329.62	-71.7	-84.86	-29.32	-78.8	-226.74
Change in Accounts Receivable	-31.54	-31.54	13.76	-26.81	19.89	-8.55
Change in Inventory	-0.04	-0.04	0.08	-0.15	-0.19	-0.31
Change in Accounts Payable	14.41	14.41	19.11	-9.42	-107.55	10.46
Change in Unearned Revenue	-138.18	-138.18	-52.32	46.43	97.18	137.4
Change in Other Net Operating Assets	-	-	200.42	-	-	-
Operating Cash Flow	100.22	64.35	347.11	143.39	117.59	225.73
Operating Cash Flow Growth	-69.19%	-81.46%	142.07%	21.94%	-47.91%	42.79%
Capital Expenditures	-20.41	-16.84	-25.97	-10.06	-26.24	-19.94
Sale of Property, Plant & Equipment	0.93	0.93	0.53	1.42	0.67	0.26
Investment in Securities	-100.37	175.66	-156.58	-983.84	-233.33	-414.32
Other Investing Activities	238.29	188.4	556.19	695.44	700.51	856.74
Investing Cash Flow	118.44	348.15	374.17	-297.03	441.6	422.73
Long-Term Debt Repaid	-	-97.52	-29.06	-23.08	-19.7	-27.96
Net Debt Issued (Repaid)	-109.2	-97.52	-29.06	-23.08	-19.7	-27.96
Common Dividends Paid	-156.51	-177.99	-134.04	-156.78	-156.72	-156.13
Other Financing Activities	-110.74	-113.62	-76.49	-96.68	-52.35	-42.46
Financing Cash Flow	-376.45	-389.12	-239.59	-276.53	-228.77	-226.56
Net Cash Flow	-157.79	23.37	481.69	-430.17	330.43	421.9
Free Cash Flow	79.81	47.51	321.14	133.33	91.35	205.78
Free Cash Flow Growth	-73.70%	-85.21%	140.85%	45.96%	-55.61%	214.67%
Free Cash Flow Margin	5.45%	3.88%	32.92%	-	-	24.83%
Free Cash Flow Per Share	0.21	0.13	0.86	0.36	0.24	0.55
Cash Interest Paid	17.23	18.91	16.16	1.52	2.67	3.47
Cash Income Tax Paid	31.79	41.64	43.22	41.07	42.01	55.05
Levered Free Cash Flow	735.17	283.69	396.9	-260.11	-163.96	545.14
Unlevered Free Cash Flow	745.94	295.51	407	-259.16	-162.26	547.34
Change in Working Capital	-155.36	-155.36	181.04	10.05	9.33	139

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.