Perennial International Cash Flow Statement

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-	25.8	15.75	18.51	13.69
Depreciation & Amortization	-	8.98	9.98	12.11	20.92
Loss (Gain) From Sale of Assets	-	0.3	0.15	-0.01	-0.28
Asset Writedown & Restructuring Costs	-	8.08	10.83	6.12	3.3
Loss (Gain) From Sale of Investments	-	-1.39	0.08	-	-
Provision & Write-off of Bad Debts	-	0.03	-0.04	-0.01	-0.73
Other Operating Activities	53.45	1.65	2.73	2.55	0.6
Change in Accounts Receivable	-	-12.99	-16.59	29.33	-18.67
Change in Inventory	-	-25.28	28.64	4.36	-39.41
Change in Accounts Payable	-	16.88	5.51	-11.97	-5.08
Change in Other Net Operating Assets	-	-0.41	1.51	-1.07	2.56
Operating Cash Flow	53.45	21.66	58.54	59.92	-23.1
Operating Cash Flow Growth	146.80%	-63.00%	-2.31%	-	-
Capital Expenditures	-2.36	-5.3	-4.27	-1.67	-9.21
Sale of Property, Plant & Equipment	0.26	0.12	0.31	0.02	0.8
Investment in Securities	10.14	0.86	-7.79	-	-
Other Investing Activities	1.36	1.28	0.44	0.03	0.01
Investing Cash Flow	9.4	-3.04	-11.3	-1.62	-8.4
Short-Term Debt Issued	-	-	-	-	40.85
Total Debt Issued	-	-	-	-	40.85
Short-Term Debt Repaid	-	-	-22.78	-51.6	-12.2
Long-Term Debt Repaid	-0.05	-0.45	-0.45	-0.45	-0.45
Total Debt Repaid	-0.05	-0.45	-23.22	-52.05	-12.65
Net Debt Issued (Repaid)	-0.05	-0.45	-23.22	-52.05	28.2
Common Dividends Paid	-9.95	-3.93	-5.97	-3.98	-
Financing Cash Flow	-10	-4.38	-29.19	-56.03	28.2
Foreign Exchange Rate Adjustments	-0.13	-0.48	-0.09	-0.53	0.23
Net Cash Flow	52.72	13.76	17.96	1.74	-3.06
Free Cash Flow	51.09	16.35	54.27	58.24	-32.31
Free Cash Flow Growth	212.42%	-69.87%	-6.82%	-	-
Free Cash Flow Margin	12.91%	4.98%	17.88%	17.95%	-8.65%
Free Cash Flow Per Share	0.26	0.08	0.27	0.29	-0.16
Cash Interest Paid	-	0.01	0.69	1.96	1.26
Cash Income Tax Paid	-	5	4	1.93	0.79
Levered Free Cash Flow	30.26	10.54	47	58.33	-42.46
Unlevered Free Cash Flow	30.26	10.54	47.43	59.56	-41.67
Change in Working Capital	-	-21.8	19.07	20.64	-60.6

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