Asia Television Holdings 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	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-120.1	-132.38	-184.42	-260.67	-173.12
Depreciation & Amortization	2.32	6.28	7.69	17.09	16.81
Other Amortization	-	10.37	13.24	9.22	-
Loss (Gain) From Sale of Assets	-1.41	-21.82	-27	-80.64	-
Asset Writedown & Restructuring Costs	4.19	27.62	64.98	267.65	71.49
Loss (Gain) From Sale of Investments	4.6	-2.42	21.46	46.01	33.67
Loss (Gain) on Equity Investments	-0.62	4.87	0.73	-	11.83
Stock-Based Compensation	7.44	-	0.31	3.77	-
Provision & Write-off of Bad Debts	9.08	0.65	0.9	4.36	0.62
Other Operating Activities	29.71	37.68	35.86	-61.85	-16.45
Change in Accounts Receivable	-2.67	2.43	20.6	-15.44	20.32
Change in Inventory	11.77	10.24	-3.56	6.39	4.63
Change in Accounts Payable	-29.63	28.45	17.99	43	-70.44
Change in Unearned Revenue	-	-	-	-0.2	0.23
Change in Other Net Operating Assets	4.62	-	37.76	12.52	60.57
Operating Cash Flow	-85.32	-28.03	-4.64	-2.4	-35.78
Capital Expenditures	-0.06	-0.86	-0.01	-14.01	-17.75
Sale of Property, Plant & Equipment	-	0.06	-	-	-
Divestitures	-	0.09	-0.82	-1.52	-
Sale (Purchase) of Intangibles	-	-	-12.94	-4.26	-44
Investment in Securities	16.13	0.98	0.19	3.17	31.45
Other Investing Activities	-5.54	-5.4	0	0.47	-0.44
Investing Cash Flow	10.53	-5.13	-13.58	-16.16	-30.75
Short-Term Debt Issued	-	44.4	-	0.02	43.02
Long-Term Debt Issued	-	-	14.48	55.81	177.69
Total Debt Issued	-	44.4	14.48	55.83	220.71
Short-Term Debt Repaid	-3.58	-	-21.79	-	-95.9
Long-Term Debt Repaid	-3.7	-2.32	-0.48	-21.96	-2.13
Total Debt Repaid	-7.28	-2.32	-22.27	-21.96	-98.04
Net Debt Issued (Repaid)	-7.28	42.08	-7.79	33.88	122.67
Issuance of Common Stock	90.63	-	-	-	-
Other Financing Activities	-20.5	4.75	-	-30.19	-35.94
Financing Cash Flow	62.85	46.83	-7.79	3.69	86.73
Foreign Exchange Rate Adjustments	2.59	-3.31	0.51	-3.05	-3
Net Cash Flow	-9.35	10.36	-25.49	-17.92	17.21
Free Cash Flow	-85.37	-28.89	-4.64	-16.41	-53.53
Free Cash Flow Margin	-107.33%	-27.43%	-6.02%	-10.33%	-34.74%
Free Cash Flow Per Share	-0.06	-0.03	-0.01	-0.02	-0.06
Cash Interest Paid	20.5	0.59	-	30.19	35.94
Cash Income Tax Paid	0.1	0.08	0.02	1.05	-0.17
Levered Free Cash Flow	-43.82	44.05	-41.7	-34.5	-131.14
Unlevered Free Cash Flow	-12.13	86.4	5.81	13.2	-77.48
Change in Working Capital	-15.91	41.12	72.78	46.27	15.3

Updated Dec 31, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.