HKG:0536 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	84.03	81.96	100.64	52.33	73.65
Depreciation & Amortization	8.52	9.35	8.93	8.48	8.48
Loss (Gain) From Sale of Assets	-0.01	0	-6.81	-	-0
Loss (Gain) From Sale of Investments	-	-	-4.72	32.59	9.99
Loss (Gain) on Equity Investments	-0.56	-0.53	-0.71	0.59	1.9
Stock-Based Compensation	0.05	0.08	0.34	0.44	0.38
Provision & Write-off of Bad Debts	1.93	4.39	0.38	0.17	0.27
Other Operating Activities	-14.67	-23.97	-11.85	-13.92	-0.1
Change in Accounts Receivable	-2.79	15.58	2.26	-6.82	27.24
Change in Accounts Payable	0.82	-2.78	3.13	-6.43	-15.09
Change in Other Net Operating Assets	-4.25	-5.87	-5.84	-4.33	-5.96
Operating Cash Flow	73.07	78.22	85.75	63.11	100.75
Operating Cash Flow Growth	-6.58%	-8.78%	35.87%	-37.36%	49.32%
Capital Expenditures	-7.14	-9.45	-13.65	-5.7	-7.96
Sale of Property, Plant & Equipment	0.01	-	0.01	-	0.01
Investment in Securities	-67.49	-210.23	-98.4	207.72	43.59
Other Investing Activities	18.55	22.09	25.69	3.83	6.41
Investing Cash Flow	-56.07	-197.59	-86.35	205.84	42.05
Long-Term Debt Repaid	-1.12	-1.11	-1.16	-1.21	-1.22
Net Debt Issued (Repaid)	-1.12	-1.11	-1.16	-1.21	-1.22
Common Dividends Paid	-80.26	-79.46	-88.36	-65.8	-79.86
Other Financing Activities	-0.07	-0.1	-0.09	-0.03	-0.04
Financing Cash Flow	-81.44	-80.68	-89.61	-67.04	-81.12
Net Cash Flow	-64.44	-200.05	-90.21	201.91	61.68
Free Cash Flow	65.93	68.77	72.09	57.4	92.79
Free Cash Flow Growth	-4.13%	-4.62%	25.59%	-38.14%	52.55%
Free Cash Flow Margin	26.09%	27.77%	27.04%	22.18%	33.89%
Free Cash Flow Per Share	0.08	0.09	0.09	0.07	0.12
Cash Interest Paid	0.07	0.1	0.09	0.03	0.04
Cash Income Tax Paid	6.91	10.67	2.28	14.06	5.59
Levered Free Cash Flow	47.87	48.34	49.74	23.56	73.3
Unlevered Free Cash Flow	47.87	48.34	49.74	23.56	73.3
Change in Working Capital	-6.22	6.94	-0.45	-17.58	6.19

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