Eminence Enterprise Cash Flow Statement

Financials in millions HKD. Fiscal year is April - March.

Millions HKD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Net Income	-149.07	-365.3	-213.15	63.57	116.45	-180.79	Upgrade
Depreciation & Amortization	3.03	3.06	3.17	3.35	3.59	3.87	Upgrade
Gain (Loss) on Sale of Assets	-	-	-0.01	-	-0.38	-	Upgrade
Gain (Loss) on Sale of Investments	20.43	20.43	4.53	13.45	32.83	-18.98	Upgrade
Asset Writedown	57.91	57.91	-57.01	-78.78	-62.3	18.57	Upgrade
Income (Loss) on Equity Investments	-0.33	-0.33	-0.14	-0.11	-	-	Upgrade
Change in Accounts Receivable	-2.64	-15.29	37.25	70.41	17.81	-67.13	Upgrade
Change in Accounts Payable	29.46	-16.2	8.48	-3.72	-16.67	8.99	Upgrade
Change in Other Net Operating Assets	11	6.7	21.7	31.77	11.07	115.15	Upgrade
Other Operating Activities	40.05	238.5	167.32	-48.66	-65.16	167.41	Upgrade
Operating Cash Flow	-44.48	-101.36	-388.99	-115.15	-108.92	-98.53	Upgrade
Acquisition of Real Estate Assets	0	-0.01	-0.68	-0.56	-2.45	-19.53	Upgrade
Sale of Real Estate Assets	99.51	135.02	277.76	292.4	20.45	-	Upgrade
Net Sale / Acq. of Real Estate Assets	99.51	135.01	277.08	291.84	18	-19.53	Upgrade
Cash Acquisition	-	-	-	-129.35	-	-191.81	Upgrade
Investment in Marketable & Equity Securities	8.47	25.18	-12.59	28.18	-38.91	1.55	Upgrade
Other Investing Activities	3.6	6.4	9.3	5.17	6.11	7.83	Upgrade
Investing Cash Flow	106.95	116.59	243.78	193.4	-32.09	-192.03	Upgrade
Long-Term Debt Issued	-	221.08	306.8	564.3	980.56	617.81	Upgrade
Long-Term Debt Repaid	-	-455.03	-113.67	-349.33	-835.75	-537.15	Upgrade
Net Debt Issued (Repaid)	-111.12	-233.95	193.13	214.97	144.81	80.66	Upgrade
Issuance of Common Stock	62.22	104.1	24.75	59.18	-	-	Upgrade
Other Financing Activities	-107.71	-134.08	-115.59	-82.36	-34.23	-37.41	Upgrade
Foreign Exchange Rate Adjustments	3.75	6.25	-11.38	1.87	0.27	1.81	Upgrade
Net Cash Flow	-90.4	-242.45	-54.29	271.9	-30.16	-245.51	Upgrade
Cash Interest Paid	105.83	132.2	115.09	74.18	34.23	37.41	Upgrade
Cash Income Tax Paid	15.65	15.65	33.01	27.52	3.44	1.97	Upgrade
Levered Free Cash Flow	-18.32	-171.31	-202.22	-377.74	-296.3	-186.96	Upgrade
Unlevered Free Cash Flow	24.57	-113.47	-167.8	-363.37	-283.5	-169.04	Upgrade
Change in Working Capital	-16.45	-55.58	-293.23	-76.42	-119.57	-134.3	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.