HKG:0225 Cash Flow Statement

Financials in millions HKD. Fiscal year is October - September.

Millions HKD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Net Income	-215.67	-597.1	-181.74	14.8	137.12
Depreciation & Amortization	1.3	1.43	1.37	1.15	1.6
Other Amortization	-	-	0.07	0.26	0.04
Gain (Loss) on Sale of Assets	0.08	-0.1	-0.05	0	0
Gain (Loss) on Sale of Investments	-4.62	10.98	8.95	6.56	-7.32
Asset Writedown	263.62	626.46	214.94	28.33	-94.83
Income (Loss) on Equity Investments	9.76	5.82	5.23	3.72	19.04
Change in Accounts Receivable	5.4	1.46	5.8	-3.3	3.83
Change in Accounts Payable	3.23	-0.39	-0.68	-7.37	-2.06
Change in Other Net Operating Assets	-	-	-0.65	-	-
Other Operating Activities	11.32	23.3	23.61	6.3	-3.66
Operating Cash Flow	73.22	71.89	74.82	48.28	51.6
Operating Cash Flow Growth	1.86%	-3.92%	54.98%	-6.44%	-13.74%
Acquisition of Real Estate Assets	-4.74	-7.58	-9.05	-318.79	-26.95
Sale of Real Estate Assets	0.34	0.17	-	-	-
Net Sale / Acq. of Real Estate Assets	-4.41	-7.41	-9.05	-318.79	-26.95
Cash Acquisition	-	-	-	-	0.09
Investment in Marketable & Equity Securities	-23.41	-15	-52.57	-10.38	-87.51
Other Investing Activities	2.08	2.09	9.97	30.46	40.61
Investing Cash Flow	-25.73	-20.32	-51.65	-298.7	-73.76
Short-Term Debt Issued	115	25	282	432.16	45
Total Debt Issued	115	25	282	432.16	45
Short-Term Debt Repaid	-92.42	-35.39	-211.52	-183.21	-35.31
Total Debt Repaid	-92.42	-35.39	-211.52	-183.21	-35.31
Net Debt Issued (Repaid)	22.58	-10.39	70.48	248.96	9.69
Common Dividends Paid	-39.66	-41.87	-41.87	-41.87	-41.87
Other Financing Activities	-17.18	-22.36	-18.23	-5.2	-1.1
Foreign Exchange Rate Adjustments	-0.13	0.32	-0.46	8.17	0.53
Net Cash Flow	13.1	-22.74	33.1	-40.38	-54.91
Cash Interest Paid	17.18	22.36	18.23	5.2	1.1
Cash Income Tax Paid	6.49	2.83	6.7	4.9	11.66
Levered Free Cash Flow	78.98	39.77	17.15	29.06	67.6
Unlevered Free Cash Flow	89.72	53.74	28.54	32.32	68.29
Change in Working Capital	6.87	1.48	3.46	-11.02	1.35

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