HKG:0081 Cash Flow Statement

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

Millions CNY. 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	954.05	2,302	3,150	5,051
Depreciation & Amortization	122.4	116.81	94.7	90.58
Loss (Gain) From Sale of Assets	-1.91	-0.22	-0.18	-0.27
Asset Writedown & Restructuring Costs	673.04	1,574	2,673	144.85
Loss (Gain) From Sale of Investments	21.21	-	-	-
Loss (Gain) on Equity Investments	-10.1	18.68	223.46	7.17
Provision & Write-off of Bad Debts	-	-	-31.58	-
Other Operating Activities	-583.5	-932.55	-3,472	-111.08
Change in Accounts Receivable	704.32	954.02	9,395	4,332
Change in Inventory	23,676	24,843	5,484	-26,947
Change in Accounts Payable	-3,903	-3,390	897.24	4,201
Change in Unearned Revenue	-13,026	-20,329	-20,646	11,459
Change in Other Net Operating Assets	401.86	3,941	2,719	-5,090
Operating Cash Flow	9,029	9,098	486.42	-6,862
Operating Cash Flow Growth	-0.75%	1770.32%	-	-
Capital Expenditures	-5.41	-29.51	-2.34	-25.62
Sale of Property, Plant & Equipment	3.82	0.48	0.18	0.28
Cash Acquisitions	-	-	-1,281	105.67
Divestitures	6.1	-	-	-
Sale (Purchase) of Real Estate	-	-58	-23	-30
Investment in Securities	-42.53	-113.11	273.38	-476.97
Other Investing Activities	225.09	372.32	-421.02	-690.39
Investing Cash Flow	187.07	172.18	-1,454	-1,117
Short-Term Debt Issued	875.66	1,649	4,611	6,010
Long-Term Debt Issued	15,079	14,242	17,321	27,545
Total Debt Issued	15,955	15,891	21,932	33,554
Short-Term Debt Repaid	-1,802	-3,792	-3,341	-3,708
Long-Term Debt Repaid	-19,314	-18,617	-16,557	-22,291
Total Debt Repaid	-21,116	-22,409	-19,898	-25,999
Net Debt Issued (Repaid)	-5,161	-6,517	2,034	7,555
Common Dividends Paid	-458.39	-654.72	-594.76	-1,011
Other Financing Activities	-1,928	-1,491	-952.53	775.26
Financing Cash Flow	-7,548	-8,663	486.87	7,319
Foreign Exchange Rate Adjustments	3.41	23.39	37.79	-7.16
Net Cash Flow	1,672	630.45	-442.84	-667.24
Free Cash Flow	9,024	9,068	484.08	-6,888
Free Cash Flow Growth	-0.49%	1773.26%	-	-
Free Cash Flow Margin	19.66%	16.08%	0.84%	-12.80%
Free Cash Flow Per Share	2.54	2.55	0.14	-2.01
Cash Interest Paid	1,648	2,067	1,991	1,813
Cash Income Tax Paid	1,414	2,460	5,928	4,937
Levered Free Cash Flow	6,675	5,746	11,932	-8,553
Unlevered Free Cash Flow	6,712	5,787	11,972	-8,519
Change in Working Capital	7,854	6,019	-2,152	-12,044

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.