Fairwood Holdings Cash Flow Statement

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Net Income	35.54	50.66	44.88	42.64
Depreciation & Amortization	522.97	500.45	478.66	499.38
Loss (Gain) From Sale of Assets	6.23	7.7	4.82	5.29
Asset Writedown & Restructuring Costs	37.53	33.65	45.47	51
Stock-Based Compensation	1.66	2.25	0.76	1.64
Other Operating Activities	-1.6	32.23	32.59	30.95
Change in Accounts Receivable	7.9	-9.7	48.93	-42.52
Change in Inventory	-1.63	2.97	1.65	-11.27
Change in Accounts Payable	-22.98	24.63	42.22	-12.38
Change in Other Net Operating Assets	0.83	5.26	9.41	-3.37
Operating Cash Flow	586.45	650.11	709.39	561.36
Operating Cash Flow Growth	-9.79%	-8.36%	26.37%	-28.10%
Capital Expenditures	-171.18	-119.57	-99.03	-76.48
Sale of Property, Plant & Equipment	0.09	0.76	0.03	0.14
Investment in Securities	-104.81	-42.66	-60	23.29
Other Investing Activities	-	0.63	2.27	2.27
Investing Cash Flow	-275.9	-160.84	-156.73	-50.78
Long-Term Debt Issued	23.95	4.97	-	-
Long-Term Debt Repaid	-455.17	-436.32	-413.87	-427.55
Net Debt Issued (Repaid)	-431.21	-431.36	-413.87	-427.55
Issuance of Common Stock	-	-	-	0.34
Common Dividends Paid	-45.34	-72.55	-75.14	-110.12
Other Financing Activities	-33.68	-33.37	-31.7	-32.41
Financing Cash Flow	-510.24	-537.27	-520.71	-569.73
Foreign Exchange Rate Adjustments	-0.46	-0.44	-2.3	0.62
Net Cash Flow	-200.14	-48.44	29.66	-58.53
Free Cash Flow	415.27	530.54	610.36	484.88
Free Cash Flow Growth	-21.73%	-13.08%	25.88%	-27.73%
Free Cash Flow Margin	13.40%	16.91%	20.18%	16.83%
Free Cash Flow Per Share	3.21	4.09	4.71	3.74
Cash Interest Paid	33.68	33.37	31.7	32.4
Cash Income Tax Paid	12.98	5.26	-4.25	0.06
Levered Free Cash Flow	338.67	460.49	538.74	389.89
Unlevered Free Cash Flow	359.72	481.35	558.55	410.15
Change in Working Capital	-15.88	23.16	102.21	-69.54