HKG:0694 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	-1,390	-1,697	-3,527	-2,117
Depreciation & Amortization	1,455	1,506	1,511	1,527
Other Amortization	54.14	43.97	42.27	45.16
Loss (Gain) From Sale of Assets	10.69	2	24.37	0.45
Loss (Gain) on Equity Investments	3.71	-5.25	-	-
Provision & Write-off of Bad Debts	-7.79	56.38	105.47	-7.1
Other Operating Activities	997.24	331.59	-27.05	-399.87
Change in Accounts Receivable	252.5	-622.67	52.95	10.25
Change in Inventory	10.77	12.84	0.04	-51.86
Change in Accounts Payable	-1,269	-156.9	385.63	468.55
Change in Other Net Operating Assets	-20.01	-46.61	-69.56	-98
Operating Cash Flow	97.6	-575.86	-1,501	-621.49
Capital Expenditures	-372.11	-270.93	-479.31	-570.76
Sale (Purchase) of Intangibles	-50.6	-22.04	-40.26	-70.63
Investment in Securities	-	-40.51	-	-
Other Investing Activities	13.58	14.84	40.4	20.74
Investing Cash Flow	-409.13	-318.64	-479.18	-620.65
Long-Term Debt Issued	8,500	10,060	6,200	4,920
Total Debt Issued	8,500	10,060	6,200	4,920
Long-Term Debt Repaid	-7,799	-9,194	-4,636	-3,623
Total Debt Repaid	-7,799	-9,194	-4,636	-3,623
Net Debt Issued (Repaid)	701.2	865.53	1,564	1,297
Issuance of Common Stock	-	-	-	53.46
Other Financing Activities	-244.03	-279.97	-219.04	-180.58
Financing Cash Flow	457.17	585.56	1,345	1,170
Foreign Exchange Rate Adjustments	0.26	0.33	1.83	-0.52
Net Cash Flow	145.89	-308.61	-634.06	-72.33
Free Cash Flow	-274.51	-846.79	-1,981	-1,192
Free Cash Flow Margin	-5.00%	-18.58%	-88.78%	-35.65%
Free Cash Flow Per Share	-0.06	-0.18	-0.43	-0.26
Cash Interest Paid	249.03	272.38	206.28	180.58
Cash Income Tax Paid	-7.93	-39.12	-108.57	-173.51
Levered Free Cash Flow	-420.18	-622.74	-1,111	-436.05
Unlevered Free Cash Flow	-233.3	-432.13	-912.86	-298.66
Change in Working Capital	-1,026	-813.33	369.07	328.92

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