Tao Heung Holdings 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	-52.8	73.66	-143.14	-21.23
Depreciation & Amortization	326.85	365.56	380.66	403.21
Loss (Gain) From Sale of Assets	-	-	-	-0
Asset Writedown & Restructuring Costs	15.44	30.2	26.49	13.89
Loss (Gain) on Equity Investments	0.62	-2.15	-2.53	-8.39
Provision & Write-off of Bad Debts	-0.32	-0.59	-1.36	0.13
Other Operating Activities	-6.65	35.3	-46.92	-5.34
Change in Accounts Receivable	9.43	-8.88	8.33	-30.39
Change in Inventory	13.32	-6.86	16.43	15.22
Change in Accounts Payable	-41.47	5.98	11.75	29.9
Change in Other Net Operating Assets	-30.63	31.04	4.86	44.55
Operating Cash Flow	233.79	523.26	254.56	441.54
Operating Cash Flow Growth	-55.32%	105.56%	-42.35%	74.05%
Capital Expenditures	-74.51	-98.91	-99.08	-125.74
Sale of Property, Plant & Equipment	-	-	-	0.74
Investment in Securities	0.55	58	-	-
Other Investing Activities	6.89	7.8	12.01	15.9
Investing Cash Flow	-67.07	-33.12	-87.07	-109.1
Long-Term Debt Issued	11	243	331	229
Long-Term Debt Repaid	-248.77	-488.39	-584.24	-584.54
Net Debt Issued (Repaid)	-237.77	-245.39	-253.24	-355.54
Repurchase of Common Stock	-	-	-	-1.78
Common Dividends Paid	-30.43	-60.86	-60.86	-60.98
Other Financing Activities	-26.63	-30.87	-20.94	-37.08
Financing Cash Flow	-294.82	-337.12	-335.05	-455.38
Foreign Exchange Rate Adjustments	-3.17	-1.73	-32.28	15.65
Net Cash Flow	-131.28	151.29	-199.84	-107.29
Free Cash Flow	159.27	424.35	155.48	315.8
Free Cash Flow Growth	-62.47%	172.93%	-50.77%	453.93%
Free Cash Flow Margin	6.57%	14.39%	6.47%	11.13%
Free Cash Flow Per Share	0.16	0.42	0.15	0.31
Cash Interest Paid	18.52	24.8	27.02	30.7
Cash Income Tax Paid	13.56	8.89	0.18	0.84
Levered Free Cash Flow	125.68	333.66	136.64	128.77
Unlevered Free Cash Flow	137.25	349.16	153.53	147.96
Change in Working Capital	-49.34	21.28	41.36	59.28

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