HKG:0051 Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-234	-70	-107	-197	-24
Depreciation & Amortization	193	184	214	228	223
Loss (Gain) on Equity Investments	-126	-125	-140	-142	-141
Other Operating Activities	544	518	584	272	575
Change in Accounts Receivable	-4	14	-10	16	77
Change in Inventory	90	162	160	181	2,827
Change in Accounts Payable	-124	-434	-302	-435	-565
Change in Unearned Revenue	-35	-42	-141	-1	-1,859
Change in Other Net Operating Assets	40	17	20	-69	17
Operating Cash Flow	344	224	278	-147	1,130
Operating Cash Flow Growth	53.57%	-19.42%	-	-	564.71%
Capital Expenditures	-18	-12	-25	-6	-30
Divestitures	-	-	-	77	-
Investment in Securities	50	-	69	104	273
Investing Cash Flow	32	-12	44	175	243
Long-Term Debt Issued	101	68	200	676	450
Long-Term Debt Repaid	-33	-222	-767	-1,011	-1,819
Net Debt Issued (Repaid)	68	-154	-567	-335	-1,369
Common Dividends Paid	-35	-	-	-	-
Other Financing Activities	-	-	-	-59	-196
Financing Cash Flow	33	-154	-567	-394	-1,615
Foreign Exchange Rate Adjustments	6	-8	-8	-89	37
Net Cash Flow	415	50	-253	-455	-205
Free Cash Flow	326	212	253	-153	1,100
Free Cash Flow Growth	53.77%	-16.21%	-	-	547.06%
Free Cash Flow Margin	24.24%	15.66%	16.02%	-13.43%	24.53%
Free Cash Flow Per Share	0.46	0.30	0.36	-0.22	1.55
Cash Interest Paid	12	15	34	36	35
Cash Income Tax Paid	39	66	37	60	143
Levered Free Cash Flow	308.13	-65.75	680.63	-440.5	1,436
Unlevered Free Cash Flow	316.25	-56.38	701.88	-418	1,455
Change in Working Capital	-33	-283	-273	-308	497