HKG:0529 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	136.21	88.72	44.46	115.11
Depreciation & Amortization	50.55	49.44	43.32	44.5
Loss (Gain) From Sale of Assets	-0.4	-0.05	-0.03	-0.08
Asset Writedown & Restructuring Costs	64.11	87.68	-21.23	21.64
Loss (Gain) From Sale of Investments	-94.65	-126.52	46.45	-11.45
Loss (Gain) on Equity Investments	-10.61	-9.7	-5.72	-7.75
Provision & Write-off of Bad Debts	-31.59	-8.35	15.62	-3.06
Other Operating Activities	173.34	190.49	133.12	186.93
Change in Accounts Receivable	11.29	-146.43	19.86	-331.27
Change in Inventory	15.06	252.22	242.08	-797.58
Change in Accounts Payable	80.23	82.08	-213.04	293.13
Change in Unearned Revenue	7.4	-2.52	4.48	-20.65
Change in Other Net Operating Assets	1.86	-6.01	-4.82	-6.05
Operating Cash Flow	402.79	451.04	304.55	-516.58
Operating Cash Flow Growth	-10.70%	48.10%	-	-
Capital Expenditures	-61.89	-15.11	-14.6	-17.94
Sale of Property, Plant & Equipment	0.44	0.1	0.07	0.76
Sale (Purchase) of Real Estate	-8.45	132.15	-11.18	43.15
Investment in Securities	54.26	-18.97	-105.9	11.84
Other Investing Activities	74.6	32.5	44.58	118.75
Investing Cash Flow	58.96	130.67	-87.03	156.56
Short-Term Debt Issued	-	30	40	70.5
Long-Term Debt Issued	4,355	3,981	4,384	4,940
Total Debt Issued	4,355	4,011	4,424	5,011
Short-Term Debt Repaid	-	-30	-40	-70.5
Long-Term Debt Repaid	-4,477	-4,306	-4,604	-4,426
Total Debt Repaid	-4,477	-4,336	-4,644	-4,497
Net Debt Issued (Repaid)	-122	-325.24	-220.27	514.12
Common Dividends Paid	-5.56	-5.56	-5.56	-
Other Financing Activities	-109.05	-83.07	-63.61	80.79
Financing Cash Flow	-236.61	-413.88	-289.43	594.91
Foreign Exchange Rate Adjustments	-37.53	-68.79	-42.52	-53.49
Net Cash Flow	187.6	99.04	-114.42	181.4
Free Cash Flow	340.9	435.94	289.95	-534.52
Free Cash Flow Growth	-21.80%	50.35%	-	-
Free Cash Flow Margin	3.79%	4.81%	3.14%	-4.86%
Free Cash Flow Per Share	1.23	1.57	1.04	-1.92
Cash Interest Paid	75.44	78.97	54.95	48.92
Cash Income Tax Paid	41.75	52.96	78.62	56.95
Levered Free Cash Flow	245.76	349.48	284.35	-393.7
Unlevered Free Cash Flow	292.9	398.84	319.95	-361.02
Change in Working Capital	115.83	179.34	48.56	-862.42

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