HKG:0162 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	-538.09	-453.25	-361.74	-367.97
Depreciation & Amortization	214.29	197.41	151.93	156.15
Loss (Gain) From Sale of Assets	-0.26	-4.14	20.44	9.43
Asset Writedown & Restructuring Costs	74.27	34.48	-6.53	72
Loss (Gain) From Sale of Investments	-	-0.45	1.96	-2.33
Provision & Write-off of Bad Debts	58.15	58.42	-0.01	2.52
Other Operating Activities	217.85	156.28	183.74	143.16
Change in Accounts Receivable	-68.51	-90.29	-127.49	-201.01
Change in Inventory	4.6	-5.95	2.47	9.99
Change in Accounts Payable	-69.38	122.15	22.85	-370.21
Change in Unearned Revenue	-4.08	5.91	17.47	33.06
Change in Other Net Operating Assets	-	-	-0.08	0.43
Operating Cash Flow	-111.17	20.56	-94.98	-514.76
Capital Expenditures	-26.07	-52.94	-161.41	-4.48
Sale of Property, Plant & Equipment	4.64	25.1	8.11	0.16
Investment in Securities	-2.28	222.14	50.93	-
Other Investing Activities	16.71	-183.59	-0.14	8.04
Investing Cash Flow	-7.01	10.7	-102.5	3.72
Long-Term Debt Issued	1,626	1,664	2,526	2,571
Total Debt Issued	1,626	1,664	2,526	2,571
Long-Term Debt Repaid	-1,286	-1,275	-2,099	-2,196
Total Debt Repaid	-1,286	-1,275	-2,099	-2,196
Net Debt Issued (Repaid)	340.06	389.36	426.31	374.57
Other Financing Activities	-259.5	-389.19	-247.65	61.87
Financing Cash Flow	80.56	0.17	178.66	436.43
Foreign Exchange Rate Adjustments	-0.01	0.01	0.07	-0.11
Net Cash Flow	-37.62	31.45	-18.76	-74.72
Free Cash Flow	-137.24	-32.38	-256.39	-519.25
Free Cash Flow Margin	-38.31%	-8.90%	-68.17%	-105.05%
Free Cash Flow Per Share	-0.12	-0.03	-0.11	-0.22
Cash Interest Paid	26.71	18.41	17.93	9.44
Cash Income Tax Paid	-0.94	2.4	0.75	27.66
Levered Free Cash Flow	-100.47	-337.29	310.02	-207.17
Unlevered Free Cash Flow	72.15	-193.47	436	-106.66
Change in Working Capital	-137.36	31.82	-84.78	-527.73

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