HKG:0822 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	-27.91	-61.31	-28.44	74.84	131.14
Depreciation & Amortization	102.46	107.82	93.33	105.65	94.89
Loss (Gain) From Sale of Assets	1.04	4.78	0.04	3.39	1.34
Asset Writedown & Restructuring Costs	7.66	8.34	4.29	0.68	1.89
Loss (Gain) From Sale of Investments	-	-	1.89	-	-
Stock-Based Compensation	-	1.01	3.72	0.7	-
Provision & Write-off of Bad Debts	0.37	0.5	1.78	0.23	1.27
Other Operating Activities	-9.72	-12.44	1.04	-30.76	28.76
Change in Accounts Receivable	69.74	-79.48	-14.68	50.13	-58.26
Change in Inventory	-2.82	-51.77	22.98	-9.79	-39.04
Change in Accounts Payable	-49.93	71.42	26.74	-25.04	15.85
Change in Unearned Revenue	7.44	-1.34	-0.6	0.76	-6.24
Change in Other Net Operating Assets	3.64	10.42	-3.63	-5.86	0.49
Operating Cash Flow	101.98	-2.06	108.45	164.93	172.07
Operating Cash Flow Growth	-	-	-34.24%	-4.15%	-15.99%
Capital Expenditures	-68.47	-86.66	-87.42	-89.41	-92.7
Sale of Property, Plant & Equipment	1.84	1.43	0.72	1.62	1.85
Cash Acquisitions	-	-3.12	-13.93	-	-7.43
Divestitures	-	-0.27	-	-	-0.16
Investment in Securities	-	-	-20.75	-2.68	-
Other Investing Activities	3.48	3.3	4.01	-5.88	1.04
Investing Cash Flow	-63.15	-85.33	-117.37	-96.34	-97.4
Short-Term Debt Issued	-	-	-	10	60
Long-Term Debt Issued	302.82	287.4	55	-	4.5
Total Debt Issued	302.82	287.4	55	10	64.5
Short-Term Debt Repaid	-	-	-	-20	-0.95
Long-Term Debt Repaid	-317.97	-162.72	-74.19	-75.32	-79.42
Total Debt Repaid	-317.97	-162.72	-74.19	-95.32	-80.37
Net Debt Issued (Repaid)	-15.15	124.68	-19.19	-85.32	-15.87
Common Dividends Paid	-	-	-17.88	-29.49	-35.75
Other Financing Activities	6.9	11.85	-2.17	-	-
Financing Cash Flow	-8.25	136.53	-39.23	-114.82	-51.62
Foreign Exchange Rate Adjustments	6.48	-5.76	-1.54	9.7	0.94
Net Cash Flow	37.06	43.39	-49.69	-36.53	24
Free Cash Flow	33.51	-88.72	21.04	75.52	79.38
Free Cash Flow Growth	-	-	-72.15%	-4.85%	-40.66%
Free Cash Flow Margin	2.29%	-5.99%	1.64%	5.02%	4.63%
Free Cash Flow Per Share	0.04	-0.10	0.02	0.09	0.09
Cash Interest Paid	12.24	12.87	5.33	4	3.26
Cash Income Tax Paid	13.4	7.99	3.6	32.96	7.67
Levered Free Cash Flow	60.93	-63.29	42.31	79.84	40.91
Unlevered Free Cash Flow	68.59	-55.25	45.65	82.45	42.95
Change in Working Capital	28.08	-50.75	30.81	10.2	-87.2

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