HKG:0078 Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-2,598	-1,792	-358.3	-494.4
Depreciation & Amortization	603.3	618.6	623.8	537.1
Other Amortization	41.3	41.4	39.8	36.8
Gain (Loss) on Sale of Assets	-73.6	-240	-	-4
Gain (Loss) on Sale of Investments	1,084	921.4	88.7	-83.9
Asset Writedown	211.9	47.5	7.3	0.1
Income (Loss) on Equity Investments	417.9	181.8	-6	-30.1
Change in Accounts Receivable	17.3	81.7	-101.8	11.6
Change in Other Net Operating Assets	-56.5	-5.9	-7.4	174.3
Other Operating Activities	761.6	621.6	202.8	58.2
Operating Cash Flow	428.6	556.1	209.5	174.3
Operating Cash Flow Growth	-22.93%	165.44%	20.20%	-84.00%
Acquisition of Real Estate Assets	-85.4	-61.3	-60.1	-509.3
Sale of Real Estate Assets	502.9	9.4	-	303
Net Sale / Acq. of Real Estate Assets	417.5	-51.9	-60.1	-206.3
Cash Acquisition	-2.3	-	-	-
Investment in Marketable & Equity Securities	144.6	-40.3	-229.2	680
Other Investing Activities	24.2	88	263.8	169.4
Investing Cash Flow	574.2	-112.6	-288.9	696.5
Short-Term Debt Issued	73	-	-	-
Long-Term Debt Issued	1,328	4,234	5,130	9,824
Total Debt Issued	1,401	4,234	5,130	9,824
Long-Term Debt Repaid	-2,020	-3,673	-4,769	-10,567
Net Debt Issued (Repaid)	-619.2	560.8	361.1	-742.8
Common Dividends Paid	-0.5	-	-	-
Other Financing Activities	-918.6	-1,447	-719.4	-607.7
Foreign Exchange Rate Adjustments	-0.9	0.4	-4.8	13.6
Net Cash Flow	-536.4	-442.1	-442.5	-466.1
Cash Interest Paid	957	908.8	417	286.3
Cash Income Tax Paid	21.1	20.1	35.1	26.8
Levered Free Cash Flow	629.1	-524.44	-194.48	679.08
Unlevered Free Cash Flow	1,214	36.48	52.79	804.4
Change in Working Capital	-18.1	155.3	-389.7	148.6

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