HKG:0579 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	4,280	4,144	3,844	2,589
Depreciation & Amortization	3,722	3,830	3,664	3,106
Other Amortization	17.5	17.89	17.23	15.76
Loss (Gain) on Sale of Assets	-471.3	1.92	2.08	9.94
Loss (Gain) on Sale of Investments	-110.44	-46.55	58.41	-81.08
Loss (Gain) on Equity Investments	-106.89	-131.24	-115.53	206.99
Asset Writedown	403.36	361.07	-	142.91
Change in Accounts Receivable	-3,565	827.76	1,855	-1,768
Change in Inventory	-6.8	9.51	-0.63	8.05
Change in Accounts Payable	-878.04	-250.89	42.3	-484.45
Change in Unearned Revenue	-53.07	352.55	376.36	345.08
Change in Other Net Operating Assets	1,102	402.31	993.94	69.5
Other Operating Activities	143.52	-99.5	533.25	805.46
Operating Cash Flow	4,487	9,432	11,273	4,964
Operating Cash Flow Growth	-52.43%	-16.33%	127.09%	90.80%
Capital Expenditures	-6,542	-8,415	-8,912	-8,959
Sale of Property, Plant & Equipment	73.81	64.91	64.6	68.72
Cash Acquisitions	-7.2	-385.93	-725.74	-1,406
Sale (Purchase) of Intangibles	-32.33	-18.82	-52.05	-48.16
Investment in Securities	10.33	29.45	-115.46	-19.12
Other Investing Activities	98.36	43.84	351.16	-169.89
Investing Cash Flow	-6,399	-8,681	-9,390	-10,534
Short-Term Debt Issued	7,200	9,800	11,500	11,500
Long-Term Debt Issued	20,337	23,715	29,438	24,084
Total Debt Issued	27,537	33,515	40,938	35,584
Short-Term Debt Repaid	-6,500	-10,500	-13,500	-11,000
Long-Term Debt Repaid	-16,777	-20,242	-28,149	-17,748
Total Debt Repaid	-23,277	-30,742	-41,649	-28,748
Net Debt Issued (Repaid)	4,260	2,773	-710.68	6,836
Issuance of Common Stock	1,000	2,000	-	1,500
Repurchase of Common Stock	-1,000	-2,000	-	-
Common Dividends Paid	-1,249	-1,092	-680.92	-618.82
Other Financing Activities	-286.93	-1,305	-270.38	-1,365
Financing Cash Flow	2,724	375.85	-1,662	6,352
Foreign Exchange Rate Adjustments	-14.49	12.59	25.96	35.97
Net Cash Flow	796.54	1,139	247.24	818.42
Free Cash Flow	-2,056	1,017	2,361	-3,995
Free Cash Flow Growth	-	-56.93%	-	-
Free Cash Flow Margin	-10.00%	4.97%	11.79%	-21.43%
Free Cash Flow Per Share	-0.25	0.12	0.29	-0.48
Cash Interest Paid	1,104	1,235	1,508	1,291
Cash Income Tax Paid	774.79	840.35	657.42	545.93
Levered Free Cash Flow	-3,516	-2,092	-937.91	-6,216
Unlevered Free Cash Flow	-2,796	-1,315	0.19	-5,358
Change in Working Capital	-3,401	1,341	3,267	-1,830

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