Pioneer Global Group Cash Flow Statement

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Net Income	-104.82	-161.7	-56.17	59.84	211.81	292.53
Depreciation & Amortization	0.44	0.49	0.73	0.83	0.92	0.77
Gain (Loss) on Sale of Assets	0.09	0.09	-0.34	-0.25	7.9	-0.06
Gain (Loss) on Sale of Investments	64.35	64.35	7.58	23.04	-5.26	0.97
Asset Writedown	34.01	34.01	12	-5.97	-89.05	-204.79
Income (Loss) on Equity Investments	109.3	109.3	102.03	-5.26	-23.25	-31.3
Change in Accounts Receivable	3.08	3.08	-0.51	-4.45	1.96	-0.18
Change in Other Net Operating Assets	0.29	0.29	-11.65	4.51	-2.46	-6.18
Other Operating Activities	20.76	91.22	87.92	64.39	63.47	121.04
Operating Cash Flow	127.51	141.14	141.58	136.68	166.04	172.8
Operating Cash Flow Growth	-16.88%	-0.32%	3.59%	-17.69%	-3.91%	-11.46%
Acquisition of Real Estate Assets	-0.02	-0.02	-1.16	-2.05	-16.79	-1.12
Sale of Real Estate Assets	-	-	-	-	0.05	0.29
Net Sale / Acq. of Real Estate Assets	-0.02	-0.02	-1.16	-2.05	-16.74	-0.83
Investment in Marketable & Equity Securities	-7.14	40.09	29.14	-5.28	-34.21	-298.33
Other Investing Activities	27.52	27.63	17.6	12.88	8.15	10.57
Investing Cash Flow	20.35	67.7	45.57	5.55	-42.81	-288.59
Long-Term Debt Repaid	-	-	-0.59	-0.35	-0.4	-0.88
Total Debt Repaid	-24	-	-0.59	-0.35	-0.4	-0.88
Net Debt Issued (Repaid)	-24	-	-0.59	-0.35	-0.4	-0.88
Common Dividends Paid	-	-	-17.31	-23.08	-11.54	-
Other Financing Activities	-108.09	-121.59	-121.41	-83.31	-78.8	-86.85
Foreign Exchange Rate Adjustments	2.07	-0.12	-0.05	-0.11	0.01	0.07
Net Cash Flow	17.84	87.13	47.8	35.38	32.5	-203.44
Cash Interest Paid	106.39	120.21	120.18	67.31	39.71	66.3
Cash Income Tax Paid	1.65	1.65	3.78	8.24	17.56	20.34
Levered Free Cash Flow	20.63	-20.52	-44.89	52.61	126.25	106.56
Unlevered Free Cash Flow	86.73	54.19	30.6	95.73	150.04	148
Change in Working Capital	3.37	3.37	-12.17	0.06	-0.5	-6.36

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.