Yunfeng Financial Group Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	652.55	470.79	397.16	-642.74	513.41
Depreciation & Amortization	185.86	197.46	188.39	207.71	195.35
Other Amortization	0.03	0.03	0.58	0.96	0.62
Gain (Loss) on Sale of Assets	0.39	1.71	2.77	6.67	-
Gain (Loss) on Sale of Investments	-1.78	-11.05	-9.85	-0.75	-199.73
Stock-Based Compensation	-	-	-1.58	-	-7.9
Change in Accounts Receivable	11,813	6,317	6,431	4,317	-3,020
Reinsurance Recoverable	-	-	-	-	-31.9
Change in Unearned Revenue	-	-	-	-	842.88
Change in Insurance Reserves / Liabilities	-	-	-	-	5,487
Change in Other Net Operating Assets	-12,565	-7,068	-6,480	-4,904	-330.34
Other Operating Activities	1,360	1,079	1,029	560.12	1,958
Operating Cash Flow	1,615	989.52	1,569	-446.57	3,684
Operating Cash Flow Growth	63.21%	-36.93%	-	-	47.70%
Capital Expenditures	-66.57	-90.23	-41.58	-86.52	-162.66
Sale of Property, Plant & Equipment	0.26	0.03	0.01	0.38	-
Purchase / Sale of Intangible Assets	-401.55	1.17	-15.09	-	-1.72
Investment in Securities	-437.57	27.8	365.98	-562.86	-5,948
Other Investing Activities	-	-	-	-	247.57
Investing Cash Flow	-905.42	-61.22	309.32	-649	-5,866
Long-Term Debt Issued	-	1,400	-	-	1,400
Total Debt Repaid	-715.04	-1,525	-128.47	-137.11	-1,701
Net Debt Issued (Repaid)	-715.04	-125.37	-128.47	-137.11	-301.5
Issuance of Common Stock	1,167	-	-	-	-
Other Financing Activities	-168.07	-208.32	-102.49	-144.58	-257.23
Financing Cash Flow	212.24	-509.16	-451.45	-382.1	2,146
Foreign Exchange Rate Adjustments	7.31	-19.6	-0.83	1.09	3.2
Net Cash Flow	929.13	399.54	1,426	-1,477	-32.26
Free Cash Flow	1,548	899.29	1,527	-533.09	3,522
Free Cash Flow Growth	72.18%	-41.12%	-	-	50.65%
Free Cash Flow Margin	36.50%	24.36%	43.50%	-26.87%	33.37%
Free Cash Flow Per Share	0.40	0.23	0.40	-0.14	0.91
Cash Interest Paid	72.52	130.05	111.26	67.4	82.12
Cash Income Tax Paid	75.4	105.02	45.99	60.66	52.72
Levered Free Cash Flow	-312.24	162.8	579.84	12,455	-2,198
Unlevered Free Cash Flow	-207.37	305.01	706.17	12,557	-2,105
Change in Working Capital	-752.72	-750.52	-48.28	-586.5	1,226

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