Tsim Sha Tsui Properties Cash Flow Statement

Financials in millions HKD. Fiscal year is July - June.

Millions HKD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	2,193	2,331	2,508	3,287	3,159	5,305
Depreciation & Amortization	163	158	160	198	181.08	186.43
Gain (Loss) on Sale of Assets	-	-	-	-	-4.08	-17.74
Gain (Loss) on Sale of Investments	-10	-10	9	-5	-29.52	-2.96
Asset Writedown	674	674	193	-176	683.17	554.25
Income (Loss) on Equity Investments	-32	-32	-639	-927	-327.41	-391.25
Change in Accounts Receivable	-86	-86	8	100	230.74	-88.68
Change in Accounts Payable	-296	-296	-297	-275	217.14	139.86
Change in Other Net Operating Assets	472	472	250	-613	-600.21	-67.11
Other Operating Activities	-1,886	-845	-188	-428	3,441	6,959
Operating Cash Flow	2,658	3,832	1,152	-573	6,460	2,213
Operating Cash Flow Growth	187.35%	232.64%	-	-	191.96%	-62.44%
Acquisition of Real Estate Assets	-452	-427	-497	-273	-190.33	-119.91
Sale of Real Estate Assets	1	1	2	6	58.16	31.86
Net Sale / Acq. of Real Estate Assets	-451	-426	-495	-267	-132.16	-88.05
Investment in Marketable & Equity Securities	-15,916	4,902	-9,237	-1,446	-15,924	2,625
Other Investing Activities	2,468	3,036	2,880	2,252	1,779	1,707
Investing Cash Flow	-13,902	7,512	-6,852	539	-14,278	4,244
Long-Term Debt Issued	-	1,369	1,099	1,005	232.82	1,083
Total Debt Issued	1,959	1,369	1,099	1,005	232.82	1,083
Long-Term Debt Repaid	-	-1,311	-1,361	-1,719	-2,873	-1,744
Total Debt Repaid	-164	-1,311	-1,361	-1,719	-2,873	-1,744
Net Debt Issued (Repaid)	1,795	58	-262	-714	-2,641	-660.31
Common Dividends Paid	-7	-7	-6	-7	-5.42	-5.63
Other Financing Activities	-1,032	-1,161	-1,089	-633	-2,645	-592.04
Foreign Exchange Rate Adjustments	37	-24	-35	-144	-147.24	194.89
Net Cash Flow	-10,451	10,210	-7,092	-1,532	-13,259	5,393
Cash Interest Paid	52	44	62	115	44.27	60.59
Cash Income Tax Paid	850	850	903	2,534	399.3	692.04
Levered Free Cash Flow	4,183	9,433	-9,589	1,955	-8,063	2,861
Unlevered Free Cash Flow	4,206	9,475	-9,558	1,984	-8,036	2,898
Change in Working Capital	1,513	1,513	-907	-2,538	-652.56	-10,422

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