Kunlun Energy Company Cash Flow Statement

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

Millions CNY. 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	5,346	5,960	5,682	5,228	23,016
Depreciation & Amortization	5,273	5,160	4,992	4,887	4,623
Loss (Gain) From Sale of Assets	-105	-675	-77	-78	-2
Asset Writedown & Restructuring Costs	917	565	368	500	159
Loss (Gain) From Sale of Investments	8	29	-	-	12
Loss (Gain) on Equity Investments	-1,237	-1,126	-1,045	-992	-1,356
Other Operating Activities	3,440	3,428	3,835	3,782	-13,714
Change in Accounts Receivable	-1,196	-585	913	-159	1,337
Change in Inventory	94	20	-77	-35	-310
Change in Accounts Payable	391	-401	732	1,055	678
Change in Other Net Operating Assets	-501	139	-915	682	-3,942
Operating Cash Flow	12,430	12,514	14,408	14,870	12,000
Operating Cash Flow Growth	-0.67%	-13.15%	-3.11%	23.92%	-28.31%
Capital Expenditures	-5,882	-6,096	-5,179	-5,719	-7,864
Sale of Property, Plant & Equipment	450	243	822	1,427	1,365
Cash Acquisitions	29	-1	-5	-314	-383
Divestitures	-40	47	89	4,138	32,487
Investment in Securities	3,532	579	1,138	-19,923	-2,712
Other Investing Activities	1,788	1,737	2,074	1,939	2,709
Investing Cash Flow	-123	-3,491	-1,061	-18,452	25,602
Long-Term Debt Issued	9,131	6,457	6,156	8,438	8,020
Long-Term Debt Repaid	-12,257	-7,670	-7,318	-8,743	-9,930
Total Debt Repaid	-12,257	-7,670	-7,318	-8,743	-9,930
Net Debt Issued (Repaid)	-3,126	-1,213	-1,162	-305	-1,910
Common Dividends Paid	-2,751	-3,878	-2,198	-1,799	-1,819
Other Financing Activities	-3,024	-3,495	-2,679	-2,816	-3,493
Financing Cash Flow	-8,901	-8,586	-6,039	-4,920	-25,723
Foreign Exchange Rate Adjustments	47	37	3	50	-75
Net Cash Flow	3,453	474	7,311	-8,452	11,804
Free Cash Flow	6,548	6,418	9,229	9,151	4,136
Free Cash Flow Growth	2.03%	-30.46%	0.85%	121.25%	-58.37%
Free Cash Flow Margin	3.38%	3.43%	5.20%	5.32%	2.99%
Free Cash Flow Per Share	0.76	0.74	1.07	1.06	0.48
Cash Interest Paid	758	768	967	929	1,035
Cash Income Tax Paid	2,809	3,151	3,306	3,011	3,094
Levered Free Cash Flow	4,234	2,893	7,068	11,290	31,988
Unlevered Free Cash Flow	4,640	3,395	7,668	11,852	32,478
Change in Working Capital	-1,212	-827	653	1,543	-2,237

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