HKG:0357 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	-381.44	-136.01	-155.3	765.13
Depreciation & Amortization	866.77	872.75	399.15	221.02
Other Amortization	1.29	0.99	0.94	0.95
Loss (Gain) From Sale of Assets	1.31	1.21	0.38	0.71
Asset Writedown & Restructuring Costs	-2.6	7.41	-1.44	0.7
Loss (Gain) From Sale of Investments	-	-	-	17.52
Provision & Write-off of Bad Debts	-10.06	-58.7	12.07	28.87
Other Operating Activities	129.49	100.4	63.01	-174.08
Change in Accounts Receivable	127.34	-90.65	16.71	-73.49
Change in Inventory	-	-	-0.16	-0.23
Change in Accounts Payable	31.32	-145.79	-115.52	78.77
Operating Cash Flow	729.89	526.94	174.04	828.19
Operating Cash Flow Growth	38.52%	202.76%	-78.98%	78.50%
Capital Expenditures	-425.59	-326.8	-108.92	-317.04
Sale of Property, Plant & Equipment	-	0.03	2.7	0.66
Investment in Securities	0.06	-	-	-
Other Investing Activities	0.01	0.08	-	-
Investing Cash Flow	-425.52	-326.69	-106.22	-316.38
Long-Term Debt Issued	1,188	-	-	-
Long-Term Debt Repaid	-1,148	-349.11	-	-379.45
Net Debt Issued (Repaid)	39.59	-349.11	-	-379.45
Common Dividends Paid	-87.14	-86.91	-	-
Other Financing Activities	80.61	320	-125.86	-212.58
Financing Cash Flow	33.06	-116.02	-125.86	-592.03
Net Cash Flow	337.43	84.23	-58.04	-80.22
Free Cash Flow	304.3	200.14	65.12	511.15
Free Cash Flow Growth	52.04%	207.33%	-87.26%	-
Free Cash Flow Margin	14.02%	9.60%	5.71%	31.83%
Free Cash Flow Per Share	0.64	0.42	0.14	1.08
Cash Interest Paid	-	-	130.84	97.69
Cash Income Tax Paid	83.37	81.45	91.81	88.03
Levered Free Cash Flow	207.95	-354.1	-154.59	-88.57
Unlevered Free Cash Flow	292.71	-267.13	-99.03	-71.46
Change in Working Capital	125.12	-261.12	-144.77	-32.63

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