Safety Godown Company, Limited (HKG:0237)

Safety Godown Company Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Net Income	-283.25	-265.51	-122.65	-188.29	-84.54	-147.58
Depreciation & Amortization	19.67	21.88	23.7	25.82	25.05	22.54
Gain (Loss) on Sale of Assets	0.01	0.01	0	-	-	-
Gain (Loss) on Sale of Investments	-50.72	-27.16	3.05	15.04	-8.26	-32.29
Asset Writedown	435.31	395.31	206.76	211.84	136.56	232.33
Change in Accounts Receivable	2.36	2.36	0.03	-1.3	-4.22	0.39
Change in Other Net Operating Assets	30.76	-1.64	5.94	-0.78	-0.68	1.85
Other Operating Activities	1.12	-1.35	4.88	8.37	4.98	2.67
Operating Cash Flow	6.62	9.64	77.27	255.6	215.54	-128.88
Operating Cash Flow Growth	-80.39%	-87.52%	-69.77%	18.59%	-	-
Acquisition of Real Estate Assets	-12.81	-20.11	-16.89	-10.89	-10.91	-23.77
Sale of Real Estate Assets	-	-	0	-	-	-
Net Sale / Acq. of Real Estate Assets	-12.81	-20.11	-16.89	-10.89	-10.91	-23.77
Investment in Marketable & Equity Securities	51.53	73.31	-128.1	-302.29	-83.49	302.39
Other Investing Activities	-1.18	-31.53	8.92	49.96	-19.9	-15.15
Investing Cash Flow	37.54	21.66	-136.07	-263.22	-114.3	263.47
Common Dividends Paid	-32.32	-30.63	-22.23	-32.24	-35.9	-48.49
Net Cash Flow	11.84	0.68	-81.03	-39.86	-108.81	86.1
Cash Income Tax Paid	12.38	11.57	8.82	5.1	7.27	8.71
Levered Free Cash Flow	205.6	145.45	-20.33	-207.75	-35.7	354.4
Unlevered Free Cash Flow	205.6	145.45	-20.33	-207.75	-35.7	354.4
Change in Working Capital	-115.51	-113.54	-38.64	181.4	140.99	-207.24

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