Henderson Investment Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-67	-125	-72	5	34
Depreciation & Amortization	276	318	296	277	266
Loss (Gain) From Sale of Assets	-	-	-1	-	-
Asset Writedown & Restructuring Costs	-	2	-	-	-
Loss (Gain) From Sale of Investments	-4	-2	2	10	-
Other Operating Activities	16	10	8	27	14
Change in Accounts Receivable	5	2	-3	-5	-11
Change in Inventory	13	11	9	3	-13
Change in Accounts Payable	-32	-14	-33	-1	34
Change in Other Net Operating Assets	-5	-	3	-1	2
Operating Cash Flow	202	202	209	315	326
Operating Cash Flow Growth	-	-3.35%	-33.65%	-3.37%	-17.68%
Capital Expenditures	-13	-25	-62	-84	-48
Sale of Property, Plant & Equipment	-	-	-	1	-
Investment in Securities	-	-	-	-	2
Other Investing Activities	3	4	5	4	3
Investing Cash Flow	-10	-21	-57	-79	-43
Long-Term Debt Issued	91	155	-	-	-
Long-Term Debt Repaid	-236	-256	-262	-235	-252
Net Debt Issued (Repaid)	-145	-101	-262	-235	-252
Common Dividends Paid	-	-	-30	-60	-60
Other Financing Activities	-33	-41	-35	-41	-26
Financing Cash Flow	-178	-142	-327	-336	-338
Net Cash Flow	14	39	-175	-100	-55
Free Cash Flow	189	177	147	231	278
Free Cash Flow Growth	6.78%	20.41%	-36.36%	-16.91%	-20.80%
Free Cash Flow Margin	12.99%	11.53%	9.48%	12.93%	15.71%
Free Cash Flow Per Share	0.06	0.06	0.05	0.08	0.09
Cash Interest Paid	33	41	35	41	26
Cash Income Tax Paid	-	2	8	10	14
Levered Free Cash Flow	177	185.75	165.75	160.5	312.5
Unlevered Free Cash Flow	197.63	211.38	187.63	186.13	328.75
Change in Working Capital	-19	-1	-24	-4	12

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