Talent Property Group 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	-138.52	-33.78	-39.15	164.03
Depreciation & Amortization	6.6	5	5.09	3.34
Loss (Gain) From Sale of Assets	-	-	-	-37.46
Asset Writedown & Restructuring Costs	51.7	54.75	49.45	12.04
Loss (Gain) From Sale of Investments	-0.11	-	-3.29	-
Loss (Gain) on Equity Investments	5.28	-42.42	4.43	-129.71
Provision & Write-off of Bad Debts	0.97	-0.12	-0.06	0.11
Other Operating Activities	59.7	140.85	-8.94	18.85
Change in Accounts Receivable	-2.3	1.76	2.13	2.01
Change in Inventory	231.22	593.41	-168.09	-277.99
Change in Accounts Payable	-122.87	-140.93	62.53	-19.58
Change in Unearned Revenue	-21.4	-395.91	-48.85	296.39
Change in Other Net Operating Assets	-12.54	62.27	77.99	-8.5
Operating Cash Flow	57.72	244.89	-66.76	23.53
Operating Cash Flow Growth	-76.43%	-	-	-12.21%
Capital Expenditures	-6.13	-4.14	-1.85	-0.6
Sale of Property, Plant & Equipment	2.61	-	-	-
Divestitures	-	-	-	340.58
Sale (Purchase) of Intangibles	-	-3.9	-	-
Sale (Purchase) of Real Estate	-	-2.15	-0.49	-
Investment in Securities	-	140.87	11.21	-
Other Investing Activities	50.75	3.62	69.47	-2.19
Investing Cash Flow	47.23	134.29	78.34	337.79
Short-Term Debt Issued	-	2.46	3.39	0.95
Long-Term Debt Issued	-	-	133.8	16
Total Debt Issued	-	2.46	137.19	16.95
Short-Term Debt Repaid	-5.63	-	-	-0.05
Long-Term Debt Repaid	-92.02	-316.93	-259.59	-199.65
Total Debt Repaid	-97.65	-316.93	-259.59	-199.7
Net Debt Issued (Repaid)	-97.65	-314.47	-122.4	-182.75
Other Financing Activities	-4.24	-22.33	-34.63	-66.27
Financing Cash Flow	-101.89	-336.8	-157.02	-249.02
Foreign Exchange Rate Adjustments	0.29	0.02	0.05	-0.04
Net Cash Flow	3.34	42.4	-145.39	112.25
Free Cash Flow	51.59	240.75	-68.62	22.93
Free Cash Flow Growth	-78.57%	-	-	-3.32%
Free Cash Flow Margin	18.13%	31.40%	-24.85%	6.67%
Free Cash Flow Per Share	0.10	0.47	-0.13	0.04
Cash Interest Paid	4.24	22.33	34.63	42.27
Cash Income Tax Paid	31.06	16.39	29.79	39.6
Levered Free Cash Flow	56.37	305.14	-120.87	330.18
Unlevered Free Cash Flow	59.02	319.09	-99.23	356.6
Change in Working Capital	72.11	120.6	-74.29	-7.67

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