Nanyang 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	-146.68	48.96	12.27	190.72
Depreciation & Amortization	3.54	3.54	3.72	5.02
Asset Writedown	274	73	5.16	-67.1
Income (Loss) on Equity Investments	-2	-3.13	0.54	-10.99
Change in Accounts Receivable	-1.65	-0.33	-0.28	0
Change in Accounts Payable	1.74	3.22	-3.22	2.28
Change in Other Net Operating Assets	2	0.14	0.94	-
Other Operating Activities	-69.68	-70.58	-60.64	-63.98
Operating Cash Flow	55.89	-7	60.93	10.73
Operating Cash Flow Growth	-	-	467.88%	-66.35%
Acquisition of Real Estate Assets	-0	-	-0.19	-0.09
Net Sale / Acq. of Real Estate Assets	-0	-	-0.19	-0.09
Investment in Marketable & Equity Securities	-	-	-127.35	-
Other Investing Activities	72.65	72.86	70.87	70.85
Investing Cash Flow	72.65	72.86	-56.67	70.77
Long-Term Debt Repaid	-3.59	-3.59	-3.6	-4.84
Total Debt Repaid	-3.59	-3.59	-3.6	-4.84
Net Debt Issued (Repaid)	-3.59	-3.59	-3.6	-4.84
Repurchase of Common Stock	-	-	-	-8.53
Common Dividends Paid	-23.78	-23.78	-23.78	-23.89
Other Financing Activities	-	-	-	0.09
Foreign Exchange Rate Adjustments	-0.71	0.01	0.04	0.14
Net Cash Flow	80.08	28.32	-46.86	20.58
Cash Interest Paid	-	-	-	0.05
Cash Income Tax Paid	2.86	5.29	1.15	5.08
Levered Free Cash Flow	70.2	62.91	53.56	87.53
Unlevered Free Cash Flow	70.24	63.01	53.69	87.57
Change in Working Capital	-3.3	-58.79	99.88	-42.93

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.