HKG:0312 Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-33.76	-340.98	-556.12	-438.04
Depreciation & Amortization	2.25	3.46	9.95	14.04
Other Amortization	0.11	63.13	3.65	3.97
Loss (Gain) From Sale of Assets	3.61	88.88	1.92	3.97
Asset Writedown & Restructuring Costs	139.48	156	221.88	215.86
Loss (Gain) From Sale of Investments	4.35	204.49	200.22	187.26
Provision & Write-off of Bad Debts	-0.07	-	-	-
Other Operating Activities	-30.88	-45.95	205.76	74.74
Change in Accounts Receivable	5.42	62.45	47.5	43.91
Change in Inventory	0.28	0.1	2.78	1.78
Change in Accounts Payable	-11.5	-85.16	-7.73	4.53
Change in Other Net Operating Assets	0.25	0.12	12.11	-0.2
Operating Cash Flow	79.53	106.52	141.91	111.82
Operating Cash Flow Growth	-25.34%	-24.94%	26.91%	-28.64%
Capital Expenditures	-1.8	-5.99	-6.7	-37.66
Sale of Property, Plant & Equipment	1.09	0.07	31.14	3.33
Cash Acquisitions	-	-	-	-11.9
Sale (Purchase) of Intangibles	-	-	-0.34	-0.1
Investment in Securities	-	-	54.12	-
Other Investing Activities	11.23	9.71	14.82	9.14
Investing Cash Flow	22.48	27.93	110.23	-23.84
Long-Term Debt Issued	268.73	36.17	54.82	187.14
Total Debt Issued	268.73	36.17	54.82	187.14
Long-Term Debt Repaid	-323.1	-134.61	-202.18	-236.76
Total Debt Repaid	-323.1	-134.61	-202.18	-236.76
Net Debt Issued (Repaid)	-54.37	-98.43	-147.36	-49.62
Other Financing Activities	-54.52	-63.56	-84.61	-86.89
Financing Cash Flow	-108.89	-161.99	-231.97	-136.51
Foreign Exchange Rate Adjustments	-0.16	-0.29	-0.38	-0.09
Net Cash Flow	-7.04	-27.83	19.79	-48.62
Free Cash Flow	77.73	100.53	135.21	74.16
Free Cash Flow Growth	-22.68%	-25.65%	82.33%	-38.82%
Free Cash Flow Margin	34.10%	45.69%	61.04%	28.38%
Free Cash Flow Per Share	0.03	0.04	0.05	0.03
Cash Interest Paid	54.52	63.56	84.61	86.89
Cash Income Tax Paid	1.85	-	-	0.11
Levered Free Cash Flow	-41.64	231.73	-150.68	-394.87
Unlevered Free Cash Flow	5.8	274.63	-97.81	-340.7
Change in Working Capital	-5.55	-22.5	54.66	50.03

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