Tysan 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	40.79	-13.04	4.53	-0.11
Depreciation & Amortization	72.08	70.15	63.1	62.02
Loss (Gain) From Sale of Assets	1.84	8.18	2.83	-2.19
Asset Writedown & Restructuring Costs	-	-	0.8	-
Stock-Based Compensation	-	4.3	9.65	15.1
Provision & Write-off of Bad Debts	-0.27	0.76	0.73	2.05
Other Operating Activities	-45.88	-2.2	15.42	-21.8
Change in Accounts Receivable	53.3	187.01	-46.47	282.06
Change in Inventory	49.1	1.4	96.37	-148.88
Change in Accounts Payable	82.57	-124.42	72.5	-175.33
Change in Unearned Revenue	2.98	-13.8	-51.37	10.12
Change in Other Net Operating Assets	-1.53	1.33	2.41	2.01
Operating Cash Flow	254.99	119.69	170.48	25.07
Operating Cash Flow Growth	113.05%	-29.79%	580.07%	-76.25%
Capital Expenditures	-26.92	-71.58	-48.23	-34.39
Sale of Property, Plant & Equipment	6.55	2.8	0.97	3.37
Investment in Securities	23.63	-87.33	-91.42	-
Other Investing Activities	32.39	18.73	-0.97	2.39
Investing Cash Flow	35.66	-137.39	-139.66	-28.63
Long-Term Debt Issued	-	50	140	90
Total Debt Issued	-	50	140	90
Long-Term Debt Repaid	-35.89	-84.04	-54.42	-107.58
Total Debt Repaid	-35.89	-84.04	-54.42	-107.58
Net Debt Issued (Repaid)	-35.89	-34.04	85.58	-17.58
Common Dividends Paid	-84.15	-50.49	-84.15	-33.66
Other Financing Activities	-6.66	-7.72	-2.32	-1.52
Financing Cash Flow	-126.7	-92.25	-0.89	-52.76
Foreign Exchange Rate Adjustments	-0.76	-0.63	-1.94	0.64
Net Cash Flow	163.19	-110.58	27.99	-55.68
Free Cash Flow	228.07	48.11	122.25	-9.32
Free Cash Flow Growth	374.10%	-60.65%	-	-
Free Cash Flow Margin	9.49%	1.78%	4.94%	-0.42%
Free Cash Flow Per Share	0.07	0.01	0.04	-0.00
Cash Interest Paid	6.66	7.72	2.32	1.52
Cash Income Tax Paid	21.89	2.18	4.59	13.65
Levered Free Cash Flow	214.91	42.62	103.8	-7.16
Unlevered Free Cash Flow	219.03	47.46	105.27	-6.29
Change in Working Capital	186.43	51.53	73.43	-30.02

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