HKG:0115 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	-82.07	-251.34	-47.03	-392.65	-224.27
Depreciation & Amortization	13.24	13.6	14.32	14.93	8.38
Loss (Gain) From Sale of Assets	-60.35	-0.21	0.11	9.97	-
Asset Writedown & Restructuring Costs	200.66	158.81	-42.4	417.26	264.04
Loss (Gain) on Equity Investments	0.19	1.28	0.57	0.59	0.11
Other Operating Activities	-97.45	30	72.47	-101.37	-31.05
Change in Accounts Receivable	2.81	-2.26	-2.03	2.69	-4.54
Change in Inventory	211.25	128.18	123.14	36.87	193.42
Change in Accounts Payable	-98.89	-11.49	-113.26	-52.89	-66.46
Change in Other Net Operating Assets	21.96	-5	10.8	-7.49	0.55
Operating Cash Flow	111.33	61.56	16.71	-72.11	140.18
Operating Cash Flow Growth	80.84%	268.54%	-	-	225.75%
Capital Expenditures	-0.85	-0.08	-1.43	-1.02	-0.54
Sale of Property, Plant & Equipment	0.21	0.02	0.1	-	-
Divestitures	0.05	-	-0.28	-	-
Sale (Purchase) of Real Estate	20.51	25.13	41.12	62.22	-72.18
Investment in Securities	-0.91	-0.53	0.35	-	-2.71
Other Investing Activities	-	-	-	-0.06	-2.13
Investing Cash Flow	19	24.54	39.87	61.15	-77.56
Long-Term Debt Issued	-	84.12	68.22	601.66	544.86
Total Debt Issued	-	84.12	68.22	601.66	544.86
Long-Term Debt Repaid	-123.21	-127.11	-64.25	-575.58	-571.32
Total Debt Repaid	-123.21	-127.11	-64.25	-575.58	-571.32
Net Debt Issued (Repaid)	-123.21	-42.99	3.97	26.08	-26.46
Other Financing Activities	-30.67	-36.16	-40.59	-38.67	-46.67
Financing Cash Flow	-153.88	-79.15	-36.62	-12.59	-73.13
Foreign Exchange Rate Adjustments	4.67	-3.91	-4.45	-2.62	1.48
Net Cash Flow	-18.88	3.04	15.51	-26.16	-9.03
Free Cash Flow	110.48	61.48	15.27	-73.12	139.63
Free Cash Flow Growth	79.70%	302.53%	-	-	267.46%
Free Cash Flow Margin	45.54%	26.01%	5.77%	-52.50%	25.70%
Free Cash Flow Per Share	7.50	5.02	1.25	-5.97	11.40
Cash Interest Paid	30.67	36.16	40.94	42.15	46.67
Cash Income Tax Paid	9.88	9.98	6.94	11.62	113.25
Levered Free Cash Flow	111.33	109.79	42.97	50.82	-636.77
Unlevered Free Cash Flow	132.4	136.16	72.28	82.68	-605.02
Change in Working Capital	137.12	109.43	18.66	-20.83	122.97

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