Hong Kong Exchanges and Clearing Limited (HKG:0388)

HKG:0388 Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	15,444	13,050	11,862	10,078	12,535	11,505
Depreciation & Amortization	737	692	762	744	717	684
Other Amortization	710	710	681	715	637	513
Loss (Gain) From Sale of Investments	-266	-264	-120	507	-485	-487
Loss (Gain) on Equity Investments	-57	-88	-82	-71	-80	-69
Stock-Based Compensation	374	390	399	380	324	281
Provision & Write-off of Bad Debts	-	-	-	-	7	12
Other Operating Activities	4,613	-461	-1,984	2,779	-1,328	2,457
Change in Accounts Receivable	-21,127	-10,687	-8,231	4,869	15,389	-14,901
Change in Other Net Operating Assets	21,048	9,432	8,213	-5,045	-15,376	14,774
Operating Cash Flow	21,476	12,774	11,500	14,956	12,340	14,769
Operating Cash Flow Growth	84.88%	11.08%	-23.11%	21.20%	-16.45%	46.78%
Capital Expenditures	-4,310	-1,604	-1,386	-1,284	-1,070	-1,351
Investment in Securities	-834	3,806	-5,768	-647	3,308	-6,187
Other Investing Activities	1,309	992	864	231	38	56
Investing Cash Flow	-3,835	3,194	-6,290	-1,700	2,276	-7,482
Long-Term Debt Repaid	-	-255	-307	-309	-310	-284
Net Debt Issued (Repaid)	-258	-255	-307	-309	-310	-284
Repurchase of Common Stock	-469	-481	-448	-350	-681	-31
Common Dividends Paid	-11,662	-10,416	-10,316	-9,665	-11,527	-6,983
Other Financing Activities	-158	-109	-179	-49	-151	-176
Financing Cash Flow	-12,547	-11,261	-11,250	-10,373	-12,669	-7,474
Foreign Exchange Rate Adjustments	42	-9	-6	-23	9	26
Net Cash Flow	5,136	4,698	-6,046	2,860	1,956	-161
Free Cash Flow	17,166	11,170	10,114	13,672	11,270	13,418
Free Cash Flow Growth	70.36%	10.44%	-26.02%	21.31%	-16.01%	49.57%
Free Cash Flow Margin	67.08%	50.17%	49.60%	74.82%	54.31%	70.43%
Free Cash Flow Per Share	13.54	8.81	7.98	10.79	8.89	10.60
Cash Interest Paid	4,983	5,883	6,072	2,339	126	438
Cash Income Tax Paid	1,231	1,283	2,947	574	2,150	2,320
Levered Free Cash Flow	43,898	11,050	-46,655	9,461	177,814	4,992
Unlevered Free Cash Flow	43,932	11,089	-46,604	9,515	177,876	5,072
Change in Working Capital	-79	-1,255	-18	-176	13	-127

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.