HKG:0144 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	5,276	5,084	4,243	3,417	4,787
Depreciation & Amortization	2,285	2,145	2,209	2,373	2,286
Loss (Gain) From Sale of Assets	9	13	-93	86	-27
Asset Writedown & Restructuring Costs	23	26	7	-7	-21
Loss (Gain) From Sale of Investments	16	-502	-99	361	-424
Provision & Write-off of Bad Debts	202	-403	-29	276	291
Other Operating Activities	1,549	1,907	1,252	1,874	1,857
Change in Accounts Receivable	35	472	-199	105	-239
Change in Inventory	-22	-10	-18	-21	-18
Change in Accounts Payable	99	-185	-35	317	293
Operating Cash Flow	9,472	8,547	7,238	8,781	8,785
Operating Cash Flow Growth	10.82%	18.09%	-17.57%	-0.05%	50.89%
Capital Expenditures	-873	-1,199	-1,309	-1,514	-1,834
Sale of Property, Plant & Equipment	8	62	9	10	23
Cash Acquisitions	-7	-321	-	-	-
Divestitures	-	-	1,987	-22	-38
Investment in Securities	6	1,065	3,296	-2,801	140
Other Investing Activities	-1,637	738	-1,414	503	-2,373
Investing Cash Flow	-2,503	345	2,569	-3,824	-4,082
Short-Term Debt Issued	23	68	179	528	499
Long-Term Debt Issued	25,186	11,523	23,169	25,501	6,274
Total Debt Issued	25,209	11,591	23,348	26,029	6,773
Short-Term Debt Repaid	-323	-33	-1,391	-198	-145
Long-Term Debt Repaid	-24,148	-14,755	-19,980	-27,197	-9,432
Total Debt Repaid	-24,471	-14,788	-21,371	-27,395	-9,577
Net Debt Issued (Repaid)	738	-3,197	1,977	-1,366	-2,804
Repurchase of Common Stock	-1,563	-	-	-	-
Common Dividends Paid	-3,719	-3,065	-1,248	-941	-1,194
Other Financing Activities	-2,347	-3,375	-7,837	-2,597	-2,131
Financing Cash Flow	-6,891	-9,637	-7,108	-4,904	-6,129
Foreign Exchange Rate Adjustments	254	-175	-41	-402	183
Net Cash Flow	332	-920	2,658	-349	-1,243
Free Cash Flow	8,599	7,348	5,929	7,267	6,951
Free Cash Flow Growth	17.03%	23.93%	-18.41%	4.55%	72.35%
Free Cash Flow Margin	64.39%	62.05%	51.64%	57.93%	58.66%
Free Cash Flow Per Share	2.05	1.75	1.46	1.88	1.88
Cash Interest Paid	1,193	1,431	1,700	1,686	1,522
Cash Income Tax Paid	921	1,013	683	1,964	964
Levered Free Cash Flow	1,777	2,816	1,496	835.38	2,158
Unlevered Free Cash Flow	2,718	3,889	2,605	1,999	3,293
Change in Working Capital	112	277	-252	401	36

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