HKG:0570 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	54.07	1,285	764.49	1,933
Depreciation & Amortization	1,118	1,123	1,091	842.78
Other Amortization	12.39	10.53	8.78	6.82
Loss (Gain) From Sale of Assets	1.29	-33.72	-4.75	-24.53
Asset Writedown & Restructuring Costs	464	20.77	183.4	45.29
Loss (Gain) From Sale of Investments	0.37	0.59	-0.94	-0.2
Loss (Gain) on Equity Investments	0.95	3.7	3.48	10.75
Provision & Write-off of Bad Debts	105.71	10.15	10.9	15.21
Other Operating Activities	-59.81	-223.55	-104.74	317.8
Change in Accounts Receivable	973.25	-1,389	722.67	-4,092
Change in Inventory	1,103	70.94	-1,022	-172.19
Change in Accounts Payable	-491.49	927.01	-1,039	1,856
Change in Unearned Revenue	-25.31	-80.27	86.6	-88.25
Operating Cash Flow	2,583	1,169	1,092	796.03
Operating Cash Flow Growth	121.02%	7.00%	37.23%	248.41%
Capital Expenditures	-511.32	-483.93	-523.79	-787.09
Sale of Property, Plant & Equipment	2.48	45.12	14.05	32.03
Cash Acquisitions	-	0.5	-	-16
Sale (Purchase) of Intangibles	-0.78	-4.58	-2.9	-90.1
Sale (Purchase) of Real Estate	0.02	-	-	-
Investment in Securities	0.34	-0.57	4.73	191.41
Other Investing Activities	130.03	-34.17	133.74	132.83
Investing Cash Flow	-379.24	-477.62	-374.15	-536.94
Long-Term Debt Issued	4,554	6,807	6,748	3,896
Long-Term Debt Repaid	-5,717	-6,762	-6,656	-4,078
Net Debt Issued (Repaid)	-1,163	44.26	92.27	-182.14
Common Dividends Paid	-	-240	-314.43	-275.78
Other Financing Activities	-229.74	-388.56	-335.12	-266.4
Financing Cash Flow	-1,393	-584.31	-557.28	-724.32
Foreign Exchange Rate Adjustments	0.24	0.37	0.95	-2.72
Net Cash Flow	811.61	107.26	161.88	-467.94
Free Cash Flow	2,072	684.88	568.58	8.94
Free Cash Flow Growth	202.54%	20.46%	6263.48%	-
Free Cash Flow Margin	12.55%	3.78%	3.98%	0.05%
Free Cash Flow Per Share	0.41	0.14	0.11	0.00
Cash Interest Paid	177.53	177.91	205.76	204.59
Cash Income Tax Paid	321.42	263.48	280.88	428.69
Levered Free Cash Flow	2,837	536.42	24.93	-744.66
Unlevered Free Cash Flow	2,944	660.82	162.86	-605.89
Change in Working Capital	886.54	-1,028	-858.87	-2,351

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