Goldlion Holdings Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-39.22	93.1	116.16	154.46	221.04
Depreciation & Amortization	57.57	52.65	45.49	41.1	32.65
Loss (Gain) From Sale of Assets	-0.66	-2.99	-0.85	-	0.3
Asset Writedown & Restructuring Costs	87.32	30.61	48.89	67.81	37.34
Provision & Write-off of Bad Debts	-0.36	-0.11	-1.12	1.03	0.15
Other Operating Activities	-33.16	16.81	-39.73	0.06	-84.54
Change in Accounts Receivable	4.98	32.58	62.99	12	-13.14
Change in Inventory	97.27	-84.28	-44.59	-130.64	-275.08
Change in Accounts Payable	20.24	-40.23	-121.29	-114.86	283.59
Change in Other Net Operating Assets	0.72	8.9	-	-	-
Operating Cash Flow	194.7	107.05	65.94	30.96	202.32
Operating Cash Flow Growth	81.89%	62.33%	112.97%	-84.69%	146.35%
Capital Expenditures	-52.58	-51.75	-44.62	-11.86	-12.72
Sale of Property, Plant & Equipment	0.14	0.2	1.4	0.1	0.17
Divestitures	1.13	-	-	-	-
Sale (Purchase) of Real Estate	-6.6	-5.94	-7.61	-7.62	-11.37
Investment in Securities	20.92	-27.57	111.66	-13.54	-117.09
Other Investing Activities	25.7	27.7	38.88	19.79	-2.03
Investing Cash Flow	-11.29	-57.36	99.71	-13.14	-143.03
Long-Term Debt Repaid	-19.83	-21.3	-19.57	-16.88	-13.69
Net Debt Issued (Repaid)	-19.83	-21.3	-19.57	-16.88	-13.69
Repurchase of Common Stock	-	-	-4.84	-4.38	-
Common Dividends Paid	-9.74	-58.43	-83.17	-103.12	-103.12
Other Financing Activities	-1.7	2.12	-0.04	-0.04	-
Financing Cash Flow	-31.26	-77.61	-107.62	-124.42	-116.81
Foreign Exchange Rate Adjustments	-11.44	-12.79	-10.74	-37.95	19.15
Net Cash Flow	140.72	-40.71	47.29	-144.54	-38.37
Free Cash Flow	142.12	55.3	21.33	19.11	189.6
Free Cash Flow Growth	156.99%	159.33%	11.62%	-89.92%	175.60%
Free Cash Flow Margin	13.23%	4.54%	1.60%	1.35%	13.82%
Free Cash Flow Per Share	0.15	0.06	0.02	0.02	0.19
Cash Interest Paid	1.95	1.52	1.74	1.29	1
Cash Income Tax Paid	18.11	17.99	48.4	30.7	52.76
Levered Free Cash Flow	126.55	50.2	34.13	27.87	101.41
Unlevered Free Cash Flow	127.77	51.15	35.22	28.68	102.03
Change in Working Capital	123.21	-83.03	-102.89	-233.5	-4.63

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