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

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