HKG:0826 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	358.76	370.21	503.54	664.37
Depreciation & Amortization	400.84	386.35	332.97	299.69
Loss (Gain) From Sale of Assets	0.84	-0.75	3.29	3
Loss (Gain) From Sale of Investments	10.15	4.35	-8.81	-37.94
Loss (Gain) on Equity Investments	-3.74	4.19	-29.72	-21.96
Provision & Write-off of Bad Debts	-4.65	48.49	24.65	5.32
Other Operating Activities	112.42	178.6	71.42	113.2
Change in Accounts Receivable	-86.01	-959.85	-516.95	353.65
Change in Inventory	-47.38	105.98	-300.8	-589.24
Change in Accounts Payable	-231.78	-77.7	231.75	-240.02
Change in Unearned Revenue	-7.69	-4.74	-7.78	-7.78
Operating Cash Flow	501.76	55.13	303.55	542.3
Operating Cash Flow Growth	810.16%	-81.84%	-44.02%	-58.52%
Capital Expenditures	-287.69	-277.79	-496.3	-453.47
Cash Acquisitions	-	-	-260.45	-
Sale (Purchase) of Intangibles	-1.6	-0.18	-	-
Investment in Securities	699.23	28.11	466.38	-381.16
Other Investing Activities	40.47	26.46	19.09	23.7
Investing Cash Flow	450.41	-223.41	-271.29	-810.92
Short-Term Debt Issued	-	-	-	1,065
Long-Term Debt Issued	3,992	3,591	3,353	4,480
Total Debt Issued	3,992	3,591	3,353	5,545
Long-Term Debt Repaid	-3,602	-3,598	-3,225	-5,208
Net Debt Issued (Repaid)	390.23	-7.15	127.31	337.97
Issuance of Common Stock	-	-	-	690.17
Repurchase of Common Stock	-78.83	-20.21	-26.02	-
Common Dividends Paid	-164.18	-100.46	-165.43	-206.85
Other Financing Activities	-769.23	-176.61	-122.27	-21.73
Financing Cash Flow	-622.01	-304.42	-186.41	799.56
Foreign Exchange Rate Adjustments	-10.33	1.94	17.11	-1.3
Net Cash Flow	319.84	-470.76	-137.04	529.64
Free Cash Flow	214.07	-222.66	-192.75	88.84
Free Cash Flow Growth	-	-	-	-89.31%
Free Cash Flow Margin	4.43%	-4.31%	-3.80%	1.55%
Free Cash Flow Per Share	0.08	-0.08	-0.07	0.03
Cash Interest Paid	204.04	140.89	119.1	106.73
Cash Income Tax Paid	62.6	67.6	65.07	100.49
Levered Free Cash Flow	-491.36	-483.81	-326.84	1,034
Unlevered Free Cash Flow	-384.07	-359.7	-216.72	1,134
Change in Working Capital	-372.85	-936.31	-593.78	-483.39

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