CCT Fortis Holdings 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	-396	-577	-465	-517
Depreciation & Amortization	100	86	84	87
Loss (Gain) From Sale of Assets	100	-19	-8	-3
Asset Writedown & Restructuring Costs	20	88	126	57
Loss (Gain) From Sale of Investments	22	2	-35	283
Loss (Gain) on Equity Investments	-3	-4	-	1
Provision & Write-off of Bad Debts	2	109	93	2
Other Operating Activities	17	202	174	3
Change in Accounts Receivable	-4	-14	-12	-11
Change in Inventory	-15	35	77	-34
Change in Accounts Payable	8	-3	20	-12
Change in Other Net Operating Assets	9	57	-53	121
Operating Cash Flow	-140	-38	1	-23
Capital Expenditures	-5	-34	-21	-42
Sale of Property, Plant & Equipment	2	6	7	36
Divestitures	107	72	127	5
Sale (Purchase) of Real Estate	-	-	110	-
Investment in Securities	48	19	118	3
Other Investing Activities	-	18	2	3
Investing Cash Flow	152	81	343	5
Long-Term Debt Issued	449	157	453	378
Total Debt Issued	449	157	453	378
Long-Term Debt Repaid	-463	-187	-821	-351
Net Debt Issued (Repaid)	-14	-30	-368	27
Financing Cash Flow	-14	-30	-368	27
Foreign Exchange Rate Adjustments	-	1	-	-
Net Cash Flow	-2	14	-24	9
Free Cash Flow	-145	-72	-20	-65
Free Cash Flow Margin	-25.09%	-9.41%	-2.46%	-8.89%
Free Cash Flow Per Share	-0.90	-0.54	-0.23	-0.74
Cash Interest Paid	110	108	74	61
Levered Free Cash Flow	128.88	-266.88	-113.5	71.13
Unlevered Free Cash Flow	201.38	-189.38	-64.75	111.13
Change in Working Capital	-2	75	32	64

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