HKG:0515 Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-31.04	-41.05	-3.94	-74.35
Depreciation & Amortization	10.98	7.3	8.71	11.42
Loss (Gain) From Sale of Assets	-2.57	0.3	-11.05	0.02
Asset Writedown & Restructuring Costs	-	2.13	-	1.77
Stock-Based Compensation	1.16	-	-	1.07
Provision & Write-off of Bad Debts	2.83	0.05	-0.75	-6.71
Other Operating Activities	8.03	8.26	5.19	30.62
Change in Accounts Receivable	48.98	38.63	66.53	36.76
Change in Inventory	11.01	0.33	-11.34	-3.2
Change in Accounts Payable	30.17	11.75	-17.57	-28.04
Change in Unearned Revenue	2.31	-10.6	-2.67	3.11
Change in Other Net Operating Assets	-21.75	-3.37	40.27	87.24
Operating Cash Flow	60.11	13.72	73.38	59.71
Operating Cash Flow Growth	338.20%	-81.31%	22.90%	137.70%
Capital Expenditures	-91.43	-209.79	-82.17	-11.8
Sale of Property, Plant & Equipment	2.57	7.35	13.66	1
Other Investing Activities	5.38	3.12	-7.89	-26.54
Investing Cash Flow	-83.48	-199.32	-76.41	-37.33
Short-Term Debt Issued	321.5	315.94	159.88	238.1
Long-Term Debt Issued	15.26	-	-	-
Total Debt Issued	336.77	315.94	159.88	238.1
Short-Term Debt Repaid	-315.94	-159.88	-156.55	-241.86
Long-Term Debt Repaid	-0.77	-1.1	-1.2	-1.2
Total Debt Repaid	-316.72	-160.98	-157.75	-243.06
Net Debt Issued (Repaid)	20.05	154.96	2.13	-4.96
Issuance of Common Stock	-	55.78	7.1	-
Other Financing Activities	-15.46	-15.16	-11.84	-12.15
Financing Cash Flow	4.59	195.59	-2.61	-17.11
Foreign Exchange Rate Adjustments	-0.69	-1.43	0.42	-2.58
Net Cash Flow	-19.47	8.56	-5.21	2.68
Free Cash Flow	-31.32	-196.07	-8.79	47.91
Free Cash Flow Growth	-	-	-	116.63%
Free Cash Flow Margin	-11.95%	-75.36%	-2.34%	20.16%
Free Cash Flow Per Share	-0.23	-1.53	-0.08	0.44
Cash Interest Paid	15.2	15.73	11.84	12.15
Levered Free Cash Flow	-47.29	-205.66	-42.04	33.55
Unlevered Free Cash Flow	-36.27	-195.76	-34.59	41.25
Change in Working Capital	70.72	36.75	75.21	95.89

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