Nanyang Holdings 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	-49.98	-146.68	48.96	12.27	190.72
Depreciation & Amortization	3.13	3.54	3.54	3.72	5.02
Asset Writedown	259.7	274	73	5.16	-67.1
Income (Loss) on Equity Investments	-32.3	-2	-3.13	0.54	-10.99
Change in Accounts Receivable	1.18	-1.65	-0.33	-0.28	0
Change in Accounts Payable	2.49	1.74	3.22	-3.22	2.28
Change in Other Net Operating Assets	-	-	0.14	0.94	-
Other Operating Activities	-77.34	-69.68	-70.58	-60.64	-63.98
Operating Cash Flow	4.63	53.89	-7	60.93	10.73
Operating Cash Flow Growth	-91.41%	-	-	467.88%	-66.35%
Acquisition of Real Estate Assets	-0.05	-0	-	-0.19	-0.09
Net Sale / Acq. of Real Estate Assets	-0.05	-0	-	-0.19	-0.09
Investment in Marketable & Equity Securities	14.49	3.73	-	-127.35	-
Other Investing Activities	78.96	68.93	72.86	70.87	70.85
Investing Cash Flow	93.39	72.65	72.86	-56.67	70.77
Long-Term Debt Repaid	-3.29	-3.59	-3.59	-3.6	-4.84
Total Debt Repaid	-3.29	-3.59	-3.59	-3.6	-4.84
Net Debt Issued (Repaid)	-3.29	-3.59	-3.59	-3.6	-4.84
Repurchase of Common Stock	-	-	-	-	-8.53
Common Dividends Paid	-23.78	-23.78	-23.78	-23.78	-23.89
Other Financing Activities	1.54	2	-	-	0.09
Foreign Exchange Rate Adjustments	1.76	-0.71	0.01	0.04	0.14
Net Cash Flow	60.67	80.08	28.32	-46.86	20.58
Cash Interest Paid	-	-	-	-	0.05
Cash Income Tax Paid	5.46	2.86	5.29	1.15	5.08
Levered Free Cash Flow	355.08	70.2	62.91	53.56	87.53
Unlevered Free Cash Flow	355.27	70.24	63.01	53.69	87.57
Change in Working Capital	-98.57	-5.3	-58.79	99.88	-42.93