Liu Chong Hing Investment 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	-837.06	-814.94	86.15	427.3
Depreciation & Amortization	104.09	104.66	102.34	75.41
Loss (Gain) From Sale of Assets	-104.31	602.15	22.25	3.65
Asset Writedown & Restructuring Costs	718.15	297.48	-236.53	-379.14
Loss (Gain) From Sale of Investments	2.3	4.13	-1.25	2.98
Loss (Gain) on Equity Investments	46.23	-22.1	24.13	-27.37
Other Operating Activities	144.21	56.11	53.01	225.66
Change in Accounts Receivable	-55.89	-18.72	-20.48	-50.48
Change in Inventory	245.1	-28.42	-162.67	-165.95
Change in Accounts Payable	-2.41	-5.19	-94.24	48.74
Change in Unearned Revenue	47.43	-6.05	-0.47	8.9
Change in Other Net Operating Assets	-	-	-	-0.09
Operating Cash Flow	307.84	169.12	-227.75	169.61
Operating Cash Flow Growth	82.02%	-	-	-40.51%
Capital Expenditures	-16.7	-42.3	-42.42	-17.72
Cash Acquisitions	-	-425.29	-	-111.56
Sale (Purchase) of Real Estate	14.15	-15.17	-5.2	-57.49
Investment in Securities	-80.43	-53.4	-86.66	251.85
Other Investing Activities	3.63	3.72	5.99	18.27
Investing Cash Flow	-79.35	-532.43	-128.29	83.34
Long-Term Debt Issued	2,114	499.92	772	699
Short-Term Debt Repaid	-	-	-	-115.82
Long-Term Debt Repaid	-1,159	-310.89	-410.05	-667.74
Total Debt Repaid	-1,159	-310.89	-410.05	-783.56
Net Debt Issued (Repaid)	955.35	189.03	361.95	-84.56
Common Dividends Paid	-106	-117.36	-184.05	-162.79
Other Financing Activities	-193.08	-133.81	-52.54	-21.17
Financing Cash Flow	656.26	-62.14	125.36	-268.52
Foreign Exchange Rate Adjustments	-7.46	-14.37	-48.15	14.43
Net Cash Flow	877.3	-439.82	-278.83	-1.15
Free Cash Flow	291.14	126.83	-270.17	151.88
Free Cash Flow Growth	129.56%	-	-	-44.84%
Free Cash Flow Margin	31.20%	17.32%	-37.77%	18.19%
Free Cash Flow Per Share	0.77	0.34	-0.71	0.40
Cash Interest Paid	193.08	133.81	52.54	21.17
Cash Income Tax Paid	16.98	12.37	108.09	37.54
Levered Free Cash Flow	163.74	638.07	-64.08	159.42
Unlevered Free Cash Flow	283.61	724.63	-27.05	174.12
Change in Working Capital	234.22	-58.37	-277.85	-158.88

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