Superland Group Holdings Cash Flow Statement

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

Millions HKD. 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	18.88	22.17	28.07	12.6
Depreciation & Amortization	8.04	6.98	9.76	9.44
Loss (Gain) From Sale of Assets	0.05	-	-	-
Stock-Based Compensation	-	-	-	0.53
Provision & Write-off of Bad Debts	0.77	2.99	0.09	-0.68
Other Operating Activities	34.7	30.37	19.34	8.89
Change in Accounts Receivable	-153.47	-24.27	-98.14	-128.24
Change in Accounts Payable	95.36	22.98	-55.96	39.69
Change in Unearned Revenue	17.99	-7.8	31.43	0.17
Change in Other Net Operating Assets	11.85	-33.6	-54.99	57.86
Operating Cash Flow	34.17	19.83	-120.4	0.26
Operating Cash Flow Growth	72.34%	-	-	-
Capital Expenditures	-3.23	-0.57	-0.04	-1.06
Sale of Property, Plant & Equipment	-	0.04	-	-
Other Investing Activities	-9.1	-14.97	-19.63	-2.85
Investing Cash Flow	-12.33	-15.5	-19.67	-3.91
Short-Term Debt Issued	1,425	1,448	1,148	1,015
Total Debt Issued	1,425	1,448	1,148	1,015
Short-Term Debt Repaid	-1,385	-1,423	-1,000	-981.41
Long-Term Debt Repaid	-6.36	-5.82	-6.76	-6.31
Total Debt Repaid	-1,391	-1,429	-1,007	-987.73
Net Debt Issued (Repaid)	33.06	19.02	141.21	27.41
Other Financing Activities	-39.44	-31.42	-12.99	-14.12
Financing Cash Flow	-6.37	-12.4	128.22	13.29
Net Cash Flow	15.47	-8.07	-11.85	9.64
Free Cash Flow	30.94	19.26	-120.44	-0.8
Free Cash Flow Growth	60.68%	-	-	-
Free Cash Flow Margin	3.43%	1.91%	-14.70%	-0.10%
Free Cash Flow Per Share	0.04	0.02	-0.15	-0.00
Cash Interest Paid	35.38	31.42	16.47	10.64
Cash Income Tax Paid	4.72	6.1	4.31	5.59
Levered Free Cash Flow	-6.75	-13.38	-142.29	-24.18
Unlevered Free Cash Flow	15.36	6.25	-131.99	-17.53
Change in Working Capital	-28.27	-42.68	-177.66	-30.53

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.