Vision Values Holdings Cash Flow Statement

Financials in millions HKD. Fiscal year is July - June.

Millions HKD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	-56.19	-56.47	-10.03	-37.55	-68.93
Depreciation & Amortization	6.31	6.89	7.43	2.68	2.55
Other Amortization	0.06	0.02	-	-	-
Loss (Gain) From Sale of Assets	0.2	-0.05	-0	-	-0.03
Asset Writedown & Restructuring Costs	39.64	44.39	-3.78	-4.32	24.87
Stock-Based Compensation	-	-	-	10.95	-
Other Operating Activities	19.35	22.93	16.95	9.07	34.03
Change in Accounts Receivable	-102.54	-90.52	-171.41	-46.96	2.25
Change in Inventory	0.27	0.29	0.02	91.95	-23.6
Change in Accounts Payable	58.37	25.74	0.98	1.9	2.13
Change in Other Net Operating Assets	-0.44	1.68	12.25	-16.53	21
Operating Cash Flow	-34.99	-45.1	-147.61	5.81	-25.54
Capital Expenditures	-6.7	-14.02	-8.7	-8.98	-15.97
Sale of Property, Plant & Equipment	0.44	0.18	0.04	-	0.03
Other Investing Activities	0.13	0.13	0.41	0.25	0
Investing Cash Flow	-6.12	-13.71	-8.25	-8.73	-15.94
Short-Term Debt Issued	225.73	188.93	129.27	19.31	71
Long-Term Debt Issued	31.4	27.4	95.2	49.2	19.94
Total Debt Issued	257.13	216.33	224.47	68.51	90.94
Short-Term Debt Repaid	-188.93	-137.64	-68	-75.32	-41
Long-Term Debt Repaid	-1.71	-2.33	-1.98	-1.51	-1.58
Total Debt Repaid	-190.64	-139.97	-69.98	-76.82	-42.58
Net Debt Issued (Repaid)	66.49	76.37	154.5	-8.32	48.37
Other Financing Activities	-10.34	-0.36	3	4.04	7.97
Financing Cash Flow	56.15	76.01	157.5	-4.28	56.34
Foreign Exchange Rate Adjustments	2.94	-0.04	-0.34	-0.73	0.02
Net Cash Flow	17.99	17.17	1.3	-7.93	14.88
Free Cash Flow	-41.68	-59.12	-156.31	-3.17	-41.51
Free Cash Flow Margin	-10.68%	-11.26%	-39.01%	-2.49%	-75.31%
Free Cash Flow Per Share	-0.01	-0.01	-0.04	-0.00	-0.01
Cash Interest Paid	1.31	3.24	2.81	2.44	1.39
Cash Income Tax Paid	6.87	5.93	5.09	-	-
Levered Free Cash Flow	163.26	-65.95	-136.68	15.23	-14.4
Unlevered Free Cash Flow	168.93	-59.79	-132.13	16.75	-13.27
Change in Working Capital	-44.34	-62.81	-158.17	30.35	1.78

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