S E A Holdings Limited (HKG:0251)

S E A Holdings Cash Flow Statement

Financials in millions HKD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-186.7	-136.73	-853.75	-383.66	70.16
Depreciation & Amortization	42.61	46.31	43.46	41.93	42.33
Other Amortization	-	17.44	17.57	21.88	20.91
Gain (Loss) on Sale of Assets	-0.19	0.04	-3.23	0.02	0.04
Gain (Loss) on Sale of Investments	-15.06	-24.61	280.32	60.27	659.4
Asset Writedown	104.12	14.5	451.49	234.95	-655.53
Stock-Based Compensation	-	-	-	-	0.08
Income (Loss) on Equity Investments	13.47	-15.04	-59.86	-4.18	2.56
Change in Accounts Receivable	6.71	127.54	-7.45	96.31	-212.76
Change in Other Net Operating Assets	-2.94	11.66	4.63	18.97	33.18
Other Operating Activities	290.16	336.32	355.55	230.95	182.21
Operating Cash Flow	252.4	377.66	228.64	317.57	141.81
Operating Cash Flow Growth	-33.17%	65.18%	-28.00%	123.93%	-69.21%
Acquisition of Real Estate Assets	-17.67	-24.56	-29.86	-1,868	-43.67
Sale of Real Estate Assets	128.21	0.27	-	-	254.66
Net Sale / Acq. of Real Estate Assets	110.54	-24.29	-29.86	-1,868	211
Investment in Marketable & Equity Securities	27.01	28.25	47.17	888.06	1,634
Other Investing Activities	-216.09	793.63	517.18	-162.11	-473.48
Investing Cash Flow	-78.54	797.59	880.2	-734.3	1,632
Long-Term Debt Issued	1,018	1,087	802.9	1,577	1,174
Long-Term Debt Repaid	-1,714	-1,845	-381.18	-1,052	-2,987
Net Debt Issued (Repaid)	-696.11	-758.05	421.73	525.23	-1,813
Repurchase of Common Stock	-	-	-	-	-342.24
Common Dividends Paid	-30.04	-30.1	-30.1	-30.1	-31.26
Other Financing Activities	-288.43	-383.52	-1,519	-298.87	-259.81
Foreign Exchange Rate Adjustments	0.14	-1.5	5.75	-9.83	6.01
Net Cash Flow	-840.6	2.08	-12.31	-230.31	-666.17
Cash Interest Paid	-	363.84	391.51	243.78	184.49
Cash Income Tax Paid	-	0.69	0.02	24.16	83.28
Levered Free Cash Flow	-292.05	778.49	615.55	-1,504	-195.02
Unlevered Free Cash Flow	-109.85	982.96	828.05	-1,370	-95.98
Change in Working Capital	3.98	139.44	-2.92	115.39	-180.35

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