Henderson Investment 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	-125	-72	5	34
Depreciation & Amortization	318	296	277	266
Loss (Gain) From Sale of Assets	-	-1	-	-
Asset Writedown & Restructuring Costs	2	-	-	-
Loss (Gain) From Sale of Investments	-2	2	10	-
Other Operating Activities	10	8	27	14
Change in Accounts Receivable	2	-3	-5	-11
Change in Inventory	11	9	3	-13
Change in Accounts Payable	-14	-33	-1	34
Change in Other Net Operating Assets	-	3	-1	2
Operating Cash Flow	202	209	315	326
Operating Cash Flow Growth	-3.35%	-33.65%	-3.37%	-17.68%
Capital Expenditures	-25	-62	-84	-48
Sale of Property, Plant & Equipment	-	-	1	-
Investment in Securities	-	-	-	2
Other Investing Activities	4	5	4	3
Investing Cash Flow	-21	-57	-79	-43
Long-Term Debt Issued	155	-	-	-
Long-Term Debt Repaid	-256	-262	-235	-252
Net Debt Issued (Repaid)	-101	-262	-235	-252
Common Dividends Paid	-	-30	-60	-60
Other Financing Activities	-41	-35	-41	-26
Financing Cash Flow	-142	-327	-336	-338
Net Cash Flow	39	-175	-100	-55
Free Cash Flow	177	147	231	278
Free Cash Flow Growth	20.41%	-36.36%	-16.91%	-20.80%
Free Cash Flow Margin	11.53%	9.48%	12.93%	15.71%
Free Cash Flow Per Share	0.06	0.05	0.08	0.09
Cash Interest Paid	41	35	41	26
Cash Income Tax Paid	2	8	10	14
Levered Free Cash Flow	185.75	165.75	160.5	312.5
Unlevered Free Cash Flow	211.38	187.63	186.13	328.75
Change in Working Capital	-1	-24	-4	12

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