HKG:0337 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	-1,599	-600.41	563.25	2,214
Depreciation & Amortization	61.97	70.44	84.5	107.18
Loss (Gain) From Sale of Assets	0	72.81	-219.15	-15.87
Asset Writedown & Restructuring Costs	841.24	1,015	273.09	2.24
Loss (Gain) From Sale of Investments	2.04	115	-	0.44
Loss (Gain) on Equity Investments	179.14	378.85	-63.37	-129.11
Provision & Write-off of Bad Debts	-10.47	189.44	-3.85	250.38
Other Operating Activities	972.33	374.14	1,335	1,207
Change in Accounts Receivable	64.92	60.45	1,773	1,665
Change in Inventory	8,847	14,482	10,454	-2,393
Change in Accounts Payable	-1,958	-2,022	-2,163	5,181
Change in Unearned Revenue	-7,809	-15,442	-12,422	3,316
Change in Other Net Operating Assets	18.86	104.67	21.17	-100.89
Operating Cash Flow	-388.23	-1,201	-367.71	11,305
Capital Expenditures	-300.15	-295.97	-1,151	-145.59
Divestitures	245.18	232.61	-	98.35
Sale (Purchase) of Real Estate	818.18	612.52	1,470	-77.31
Investment in Securities	1.53	-416.25	-264.26	-1,359
Other Investing Activities	375.96	3,007	2,985	-3,640
Investing Cash Flow	1,141	3,140	3,040	-5,123
Short-Term Debt Issued	345	849.81	2,203	5,816
Long-Term Debt Issued	1,196	278	2,221	8,657
Total Debt Issued	1,541	1,128	4,424	14,473
Short-Term Debt Repaid	-1,322	-787.37	-2,880	-7,178
Long-Term Debt Repaid	-1,382	-1,759	-6,508	-13,684
Total Debt Repaid	-2,704	-2,547	-9,388	-20,863
Net Debt Issued (Repaid)	-1,164	-1,419	-4,964	-6,390
Common Dividends Paid	-43.52	-85.19	-796.5	-740.52
Other Financing Activities	-568.56	-1,729	-1,329	-1,238
Financing Cash Flow	-1,776	-3,233	-7,090	-8,368
Foreign Exchange Rate Adjustments	0.5	0.73	0.33	5.98
Net Cash Flow	-1,023	-1,294	-4,417	-2,181
Free Cash Flow	-688.39	-1,497	-1,518	11,159
Free Cash Flow Margin	-4.51%	-6.00%	-5.71%	32.89%
Free Cash Flow Per Share	-0.25	-0.54	-0.55	4.03
Cash Interest Paid	568.56	692.37	865.67	1,520
Cash Income Tax Paid	143.24	241.86	834.49	3,094
Levered Free Cash Flow	1,147	1,944	-12,569	6,300
Unlevered Free Cash Flow	1,371	2,006	-12,486	6,459
Change in Working Capital	-835.48	-2,816	-2,337	7,668

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