CWT International 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	304.39	39.09	153.21	208.91
Depreciation & Amortization	549.06	569.92	603.42	647.56
Other Amortization	4.54	3.67	1.27	1.01
Loss (Gain) From Sale of Assets	-23.32	12.29	-2.97	-0.63
Asset Writedown & Restructuring Costs	-	-	8.42	26.61
Loss (Gain) From Sale of Investments	-0.32	165	0.36	-0.2
Loss (Gain) on Equity Investments	-25.81	-44.24	-67.4	-69.5
Provision & Write-off of Bad Debts	3.04	-19.21	27.9	25.64
Other Operating Activities	-344.54	-307.17	253.31	292.06
Change in Accounts Receivable	-1,890	6,067	-9,887	-2,283
Change in Inventory	-254.52	302.74	-637.27	521.4
Change in Accounts Payable	2,350	-6,394	11,162	1,319
Change in Other Net Operating Assets	-732.29	93.46	156.61	-747.54
Operating Cash Flow	-60.04	495.97	1,658	-59.26
Operating Cash Flow Growth	-	-70.08%	-	-
Capital Expenditures	-75.74	-71.48	-61.81	-58.81
Sale of Property, Plant & Equipment	3.94	3.75	8.97	8.58
Cash Acquisitions	-	-	19.64	-
Divestitures	-	-1.25	-	-
Sale (Purchase) of Intangibles	-4.39	-1.48	-3.56	-5.06
Investment in Securities	62.99	97.36	-1,370	1,506
Other Investing Activities	507.7	559.19	122.18	58.4
Investing Cash Flow	494.5	586.1	-1,285	1,510
Short-Term Debt Issued	2.15	26.57	-	21.12
Long-Term Debt Issued	342.77	-	462.53	39.5
Total Debt Issued	344.92	26.57	462.53	60.62
Short-Term Debt Repaid	-	-	-8.09	-
Long-Term Debt Repaid	-398.16	-537.21	-596.47	-1,226
Total Debt Repaid	-398.16	-537.21	-604.56	-1,226
Net Debt Issued (Repaid)	-53.24	-510.64	-142.03	-1,166
Other Financing Activities	-62.82	-138.72	-81.07	-20.33
Financing Cash Flow	-116.06	-649.35	-223.1	-1,186
Foreign Exchange Rate Adjustments	-48.95	-42.01	-22.12	-2.25
Net Cash Flow	269.46	390.71	127.52	262.21
Free Cash Flow	-135.78	424.5	1,596	-118.08
Free Cash Flow Growth	-	-73.40%	-	-
Free Cash Flow Margin	-0.35%	1.14%	4.13%	-0.21%
Free Cash Flow Per Share	-0.01	0.04	0.14	-0.01
Cash Interest Paid	391.85	323.76	181.46	134.17
Cash Income Tax Paid	114.85	131.27	170.36	149.51
Levered Free Cash Flow	123.56	812.23	-2.61	1,387
Unlevered Free Cash Flow	455.17	1,107	194.74	1,539
Change in Working Capital	-527.07	69.19	795.04	-1,191

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