HKG:0527 Cash Flow Statement

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

Millions CNY. 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	-132.52	-108.96	-154.45	-368.56
Depreciation & Amortization	136.66	143.09	157.56	157.31
Loss (Gain) on Sale of Assets	-3.98	0.1	-3.65	-
Loss (Gain) on Sale of Investments	2.47	0.26	0.37	0.38
Loss (Gain) on Equity Investments	-0	0.55	0.58	0.3
Asset Writedown	-	-	20.58	40.66
Stock-Based Compensation	-	-	-	18.87
Change in Accounts Receivable	-113.31	-72.37	223.85	-95.68
Change in Inventory	-0.09	0.62	-0.02	0.01
Change in Accounts Payable	62.58	-14.73	-28.13	20.09
Change in Other Net Operating Assets	-	-	-	4.45
Other Operating Activities	128.86	152.81	118.88	122.78
Operating Cash Flow	109.36	126.24	363.08	134.8
Operating Cash Flow Growth	-13.37%	-65.23%	169.34%	-26.54%
Capital Expenditures	-748.78	-3.55	-0.83	-29.37
Sale of Property, Plant & Equipment	0.01	0.07	0.07	-
Cash Acquisitions	-23.28	-0.86	-	-19.5
Divestitures	-0.74	-	5.99	-
Investment in Securities	-	-0.81	-6.2	-25.08
Other Investing Activities	137.53	-2.79	7.49	13.58
Investing Cash Flow	-649.88	7.7	6.11	-66.36
Long-Term Debt Issued	694.98	48.46	111.12	50
Short-Term Debt Repaid	-3.76	-56.3	-11.74	-68.5
Long-Term Debt Repaid	-211.99	-219.01	-166.78	-466.92
Total Debt Repaid	-215.75	-275.3	-178.52	-535.42
Net Debt Issued (Repaid)	479.24	-226.84	-67.4	-485.42
Issuance of Common Stock	24.27	195.57	-	-
Other Financing Activities	-104.83	-138.72	-124.83	-198.28
Financing Cash Flow	398.68	-170	-192.24	-683.71
Foreign Exchange Rate Adjustments	0.94	0.73	0.59	-0.28
Net Cash Flow	-140.9	-35.33	177.55	-615.54
Free Cash Flow	-639.43	122.69	362.26	105.43
Free Cash Flow Growth	-	-66.13%	243.59%	-40.72%
Free Cash Flow Margin	-190.15%	35.69%	118.99%	29.92%
Free Cash Flow Per Share	-0.38	0.11	0.89	0.27
Cash Interest Paid	0.26	0.29	0.23	0.04
Cash Income Tax Paid	27.44	13.66	13.67	33.22
Levered Free Cash Flow	-576.32	18.98	211.84	48.22
Unlevered Free Cash Flow	-493.62	108.2	309.63	139.89
Change in Working Capital	-50.82	-86.48	195.7	-71.11

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