Yuexiu Property Company 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	1,040	3,185	3,953	3,589
Depreciation & Amortization	494.58	336.29	383.98	307.3
Other Amortization	44.27	49.82	44.83	38.21
Loss (Gain) From Sale of Assets	-870.6	-11.15	-0.13	-1,227
Asset Writedown & Restructuring Costs	2,355	1,502	-125.19	-298.57
Loss (Gain) From Sale of Investments	15.57	9.79	1.83	-21.44
Other Operating Activities	-6,628	-6,601	-1,974	384.65
Change in Accounts Receivable	535.78	16,730	14,515	156.69
Change in Inventory	25,067	-6,827	-13,344	-30,823
Change in Accounts Payable	-	-	-	23,875
Change in Other Net Operating Assets	-215.76	187.95	263.99	-656.25
Operating Cash Flow	21,838	8,562	3,719	-4,676
Operating Cash Flow Growth	155.05%	130.20%	-	-
Capital Expenditures	-372.13	-342.67	-1,166	-1,272
Sale of Property, Plant & Equipment	8.46	10.54	60.91	0.99
Cash Acquisitions	1,332	454.74	-5.17	-
Divestitures	990.01	-	3,532	3,756
Sale (Purchase) of Real Estate	1.37	14.93	-	18.87
Investment in Securities	-6,388	-199.21	-4,592	-6,946
Other Investing Activities	159.67	281.77	-4,887	-2,077
Investing Cash Flow	-4,269	220.1	-7,058	-6,519
Short-Term Debt Issued	7,260	702.82	2,133	4,970
Long-Term Debt Issued	39,098	48,216	60,851	47,342
Total Debt Issued	46,359	48,919	62,984	52,313
Short-Term Debt Repaid	-3,107	-6,731	-6,905	-4,673
Long-Term Debt Repaid	-62,391	-56,041	-66,106	-36,777
Total Debt Repaid	-65,497	-62,772	-73,010	-41,450
Net Debt Issued (Repaid)	-19,139	-13,853	-10,026	10,863
Issuance of Common Stock	-	7,510	-	-
Common Dividends Paid	-1,247	-1,859	-1,772	-1,641
Other Financing Activities	3,264	6,827	4,084	6,571
Financing Cash Flow	-17,121	-1,375	-7,714	15,793
Foreign Exchange Rate Adjustments	15.53	11.56	132.28	-45.46
Net Cash Flow	463.06	7,419	-10,920	4,553
Free Cash Flow	21,465	8,220	2,553	-5,948
Free Cash Flow Growth	161.15%	221.94%	-	-
Free Cash Flow Margin	24.84%	10.25%	3.53%	-10.37%
Free Cash Flow Per Share	5.33	2.20	0.82	-1.92
Cash Interest Paid	4,877	4,672	4,192	3,222
Cash Income Tax Paid	6,815	7,759	6,766	5,565
Levered Free Cash Flow	11,047	-17,158	-16,197	-4,335
Unlevered Free Cash Flow	11,673	-16,626	-15,739	-3,562
Change in Working Capital	25,387	10,091	1,435	-7,448

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