HKG:0731 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 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Mar '22 Mar 31, 2022
Net Income	-73.66	24.6	-128.8	-201.17	2,559
Depreciation & Amortization	53.18	58.23	66.96	67.74	51.95
Other Amortization	0.03	0.03	0.04	0.04	0.03
Loss (Gain) From Sale of Assets	-	-0.06	-	0.02	-2,287
Asset Writedown & Restructuring Costs	0.5	3.19	0.03	-	-
Loss (Gain) From Sale of Investments	-	-0.68	-0.01	-	-
Provision & Write-off of Bad Debts	-	-	-	-0.17	117.68
Other Operating Activities	22.82	-106.6	0.38	37.51	-2,565
Change in Accounts Receivable	-37.75	5.95	20.31	85.25	-82.13
Change in Inventory	-30.22	12.79	60.25	128.64	-334.32
Change in Accounts Payable	-23.17	-17.04	-89.71	-121.65	-180.15
Change in Unearned Revenue	-0.43	-0.23	0.58	-47.25	37.04
Change in Other Net Operating Assets	-7.04	-19.37	21.62	-26.31	-
Operating Cash Flow	-95.73	-39.19	-48.36	-77.36	-593.81
Capital Expenditures	-25.5	-13.94	-18.09	-54.83	-58.32
Sale of Property, Plant & Equipment	-	0.47	-	-	16.22
Cash Acquisitions	-	-	-	-	1.57
Divestitures	-	-	-	-	-178.51
Sale (Purchase) of Intangibles	-0.18	-	-	-0.04	-
Investment in Securities	-	-	-	-	1.83
Other Investing Activities	0.23	0.2	0.23	0.77	0.43
Investing Cash Flow	-25.45	-13.27	-17.86	-54.1	-216.77
Short-Term Debt Issued	-	-	-	-	0.18
Long-Term Debt Issued	309.51	596.32	221.76	-	550.7
Total Debt Issued	309.51	596.32	221.76	252.96	550.88
Short-Term Debt Repaid	-	-0.1	-	-	-
Long-Term Debt Repaid	-196.22	-507.4	-120.03	-	-124.57
Total Debt Repaid	-196.22	-507.49	-120.03	-113.8	-124.57
Net Debt Issued (Repaid)	113.29	88.83	101.72	139.17	426.32
Issuance of Common Stock	-	-	-	-	126.72
Other Financing Activities	-25.38	-23.84	-21.32	-24.8	-
Financing Cash Flow	87.92	64.99	80.4	114.37	553.04
Foreign Exchange Rate Adjustments	10.16	2.73	0.33	27.25	67.75
Net Cash Flow	-23.11	15.26	14.51	10.17	-189.79
Free Cash Flow	-121.24	-53.13	-66.45	-132.18	-652.12
Free Cash Flow Margin	-8.31%	-3.99%	-4.84%	-9.49%	-53.04%
Free Cash Flow Per Share	-0.09	-0.04	-0.05	-0.09	-1.91
Cash Interest Paid	25.38	23.84	21.32	24.8	0.09
Cash Income Tax Paid	0.63	-	-	0.75	-
Levered Free Cash Flow	-111.06	-72.26	-17.51	-	-2,075
Unlevered Free Cash Flow	-95.2	-57.36	-4.12	-	-2,070
Change in Working Capital	-98.6	-17.9	13.05	18.68	-559.57

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