Emperor Culture Group Cash Flow Statement

Financials in millions HKD. Fiscal year is July - June.

Millions HKD. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	-132.44	-141.65	-715.15	-329.94	-201.38	-219.78
Depreciation & Amortization	80.1	92.58	195.59	212.64	207.48	179.85
Loss (Gain) From Sale of Assets	3.09	3.09	-0.03	41.89	-	-
Asset Writedown & Restructuring Costs	16.03	16.03	427.77	144.61	40.75	-
Loss (Gain) From Sale of Investments	-	-	-0.07	-	-1.01	-0.07
Loss (Gain) on Equity Investments	7.81	7.81	41.86	25.62	3.32	-
Provision & Write-off of Bad Debts	-	-	-	-0.36	-	1.66
Other Operating Activities	51.27	48.77	67.94	-82.93	-72.54	18.54
Change in Accounts Receivable	-1.24	-1.24	-4.66	-7.49	-8.03	-7.19
Change in Inventory	-0.06	-0.06	-0.03	-0.73	-0.19	0.49
Change in Accounts Payable	-23.38	-23.38	-11.98	57.81	16.14	13.22
Change in Unearned Revenue	8.14	8.14	1.88	-0.15	5.43	2.72
Change in Other Net Operating Assets	22.63	22.63	-18.79	3.07	1.56	6.7
Operating Cash Flow	45.61	46.39	-12.93	69.84	-7.83	-2.13
Capital Expenditures	-30.4	-30.4	-42.27	-30.82	-56.53	-73.19
Sale of Property, Plant & Equipment	2.14	2.14	0.22	-	-	-
Cash Acquisitions	-	-	-	-	8.9	-
Divestitures	-	-	-	-0.33	-	-
Other Investing Activities	10.73	-0.99	-43.76	-33.4	-16.42	0.07
Investing Cash Flow	-17.53	-29.25	-85.81	-64.54	-64.05	-73.11
Short-Term Debt Issued	-	-	-	-	13	5
Long-Term Debt Issued	-	53	246	117	202	131
Total Debt Issued	53	53	246	117	215	136
Short-Term Debt Repaid	-	-17.03	-3	-	-	-3.71
Long-Term Debt Repaid	-	-38.03	-86	-95.38	-68.34	-20.21
Total Debt Repaid	-55.06	-55.06	-89	-95.38	-68.34	-23.92
Net Debt Issued (Repaid)	-2.06	-2.06	157	21.62	146.67	112.08
Other Financing Activities	-28.37	-50.67	-55.26	-59.2	-13.58	-22.3
Financing Cash Flow	-30.43	-52.73	101.75	-37.58	133.08	89.78
Foreign Exchange Rate Adjustments	0.89	0.78	-0.36	-3.14	-0.65	1.7
Net Cash Flow	-1.46	-34.82	2.65	-35.43	60.55	16.23
Free Cash Flow	15.21	15.98	-55.2	39.02	-64.36	-75.32
Free Cash Flow Margin	3.02%	3.33%	-11.16%	8.55%	-20.98%	-39.04%
Free Cash Flow Per Share	0.01	0.01	-0.02	0.01	-0.02	-0.02
Cash Interest Paid	50.67	50.67	55.26	59.2	13.58	22.3
Levered Free Cash Flow	-56.45	-50.25	-46.24	-3.61	53.32	-18.72
Unlevered Free Cash Flow	1.33	14.56	18.34	49.75	92.66	19.47
Change in Working Capital	6.09	6.09	-33.58	58.3	15.55	17.66

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