HKG:0071 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	695.56	746.56	977.14	480.1	329.96	301.9
Depreciation & Amortization	79.58	76.84	67.21	57.78	66.51	89.81
Gain (Loss) on Sale of Assets	0.53	0.53	-0.93	0.2	-18.71	0.91
Gain (Loss) on Sale of Investments	-42.17	-42.17	2.85	-0.99	-3.41	-1.06
Asset Writedown	76.67	76.67	-159.53	23.16	143.75	186.25
Income (Loss) on Equity Investments	-0.07	-0.07	-0.18	-0.18	-0.18	-0.2
Change in Accounts Receivable	-2.24	-2.24	-68.13	-31.72	7.53	48.98
Change in Accounts Payable	-13.94	-13.94	111.26	58.88	2.62	-99.15
Change in Other Net Operating Assets	4.44	4.44	16.95	-18.29	-2.76	-9.43
Other Operating Activities	-72.98	70.9	67.6	2.67	6.89	-101.49
Operating Cash Flow	410.5	602.64	1,011	593.18	533.69	276.12
Operating Cash Flow Growth	-56.50%	-40.39%	70.44%	11.15%	93.28%	-73.66%
Acquisition of Real Estate Assets	-61.94	-46.75	-46.95	-86.49	-24.25	-49.48
Sale of Real Estate Assets	-	190.05	-	0.01	18.93	0.02
Net Sale / Acq. of Real Estate Assets	-61.94	143.3	-46.95	-86.48	-5.33	-49.46
Investment in Marketable & Equity Securities	250.33	412.46	-1,620	940.32	-1,475	-421.65
Other Investing Activities	17.36	21.31	19.68	1.93	3.79	3.63
Investing Cash Flow	205.76	577.07	-1,648	855.77	-1,477	-467.48
Short-Term Debt Issued	-	-	-	-	-	11.14
Total Debt Issued	-	-	-	-	-	11.14
Short-Term Debt Repaid	-	-	-	-	-2.86	-11.13
Long-Term Debt Repaid	-	-49.69	-47.25	-35.91	-48.39	-66.84
Total Debt Repaid	-48.92	-49.69	-47.25	-35.91	-51.25	-77.96
Net Debt Issued (Repaid)	-48.92	-49.69	-47.25	-35.91	-51.25	-66.82
Common Dividends Paid	-366.21	-366.21	-359.3	-324.75	-331.66	-386.94
Other Financing Activities	-3.08	-2.66	-2.27	-2.14	-2.22	-2.98
Foreign Exchange Rate Adjustments	6.05	-24.37	-2.05	-12.56	6.56	6.74
Net Cash Flow	204.1	736.78	-1,048	1,074	-1,322	-641.36
Cash Interest Paid	3.08	2.66	2.27	2.14	2.24	3.32
Cash Income Tax Paid	116.63	101.76	59.47	90.65	80.15	214.52
Levered Free Cash Flow	582.37	712.62	728.38	465.57	428.24	100.83
Unlevered Free Cash Flow	584.3	714.28	729.8	466.91	429.64	102.9
Change in Working Capital	-309.32	-309.32	59.18	29.84	8.86	-164.37

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