Tai Sang Land Development Limited (HKG:0089)

Tai Sang Land Development Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-333.41	-185.66	360.12	633.62	-155.94
Depreciation & Amortization	45.54	48.19	54.74	45.31	24.1
Other Amortization	4.69	5.11	5.43	5.17	4.07
Gain (Loss) on Sale of Assets	-0.39	-3.21	0.1	0.13	-0.01
Asset Writedown	329.25	190.02	-286.18	-617.13	243.05
Change in Accounts Receivable	8.84	-5.15	-4.05	-0.34	-2.02
Change in Other Net Operating Assets	-4.82	-1.09	8.11	6.52	3.85
Other Operating Activities	117.38	113.23	26.27	67.79	32.99
Operating Cash Flow	167.58	162.59	166.88	142.31	150.85
Operating Cash Flow Growth	3.08%	-2.57%	17.27%	-5.66%	-9.78%
Acquisition of Real Estate Assets	-15.72	-37.44	-66.25	-143.13	-302.25
Sale of Real Estate Assets	2.99	14.92	0.39	0.7	1.9
Net Sale / Acq. of Real Estate Assets	-12.72	-22.52	-65.86	-142.43	-300.35
Other Investing Activities	3.85	3.07	1.98	1.33	1.93
Investing Cash Flow	-8.87	-19.44	-63.88	-141.1	-298.43
Long-Term Debt Issued	360.9	1,025	514.6	236.56	707.14
Long-Term Debt Repaid	-310.64	-1,020	-451.91	-160.48	-403
Net Debt Issued (Repaid)	50.26	4.39	62.69	76.08	304.14
Common Dividends Paid	-28.77	-34.52	-74.79	-63.29	-63.29
Other Financing Activities	-165.12	-138.8	-68.87	-43.18	-63.54
Foreign Exchange Rate Adjustments	-0.01	0.02	-0.08	-	-
Net Cash Flow	15.07	-25.77	21.95	-29.19	29.73
Cash Interest Paid	160.47	135.95	65.66	41.26	60.64
Cash Income Tax Paid	2.36	1.4	9.41	12.92	9.8
Levered Free Cash Flow	26.03	44.7	65.32	46.12	123.12
Unlevered Free Cash Flow	120.94	135.79	109.84	69	147.04
Change in Net Working Capital	2.46	-8.18	22.47	45.05	-36.24

Updated Mar 21, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.