HKG:0898 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	-644.98	235.18	179.23	264.12	421.3
Depreciation & Amortization	3.18	2.83	2.9	2.94	3.4
Gain (Loss) on Sale of Assets	1.09	0.22	-	-	0.47
Gain (Loss) on Sale of Investments	-401.82	-176.71	-43.03	55.53	53.45
Asset Writedown	1,319	1.09	-141.4	-391.64	-473.66
Income (Loss) on Equity Investments	-0.14	0.22	0.22	0.01	-
Change in Accounts Receivable	0.77	-2.04	6.38	-0.66	-2.24
Change in Accounts Payable	2.09	0.49	0.37	-0.11	-1.2
Change in Other Net Operating Assets	-3.49	17.08	-11.01	-8.91	15.1
Other Operating Activities	-73	123.43	196.62	217.88	187.18
Operating Cash Flow	173.82	-93.2	173.95	149.85	191.56
Operating Cash Flow Growth	-	-	16.09%	-21.77%	11.33%
Acquisition of Real Estate Assets	-0.77	-1.59	-2.28	-19.55	-0.11
Sale of Real Estate Assets	2.05	2.7	0.04	0.01	12.12
Net Sale / Acq. of Real Estate Assets	1.28	1.11	-2.24	-19.54	12.01
Investment in Marketable & Equity Securities	-29.05	-15.65	-12.12	-0.06	-
Other Investing Activities	16.46	14.28	16.98	9.2	3.85
Investing Cash Flow	-11.31	-0.26	2.62	-10.4	15.86
Long-Term Debt Issued	11.16	831.92	1,178	335.98	1,950
Total Debt Issued	11.16	831.92	1,178	335.98	1,950
Long-Term Debt Repaid	-73.1	-681.19	-1,355	-313.2	-1,936
Total Debt Repaid	-73.1	-681.19	-1,355	-313.2	-1,936
Net Debt Issued (Repaid)	-61.94	150.73	-177.02	22.78	13.42
Common Dividends Paid	-33.42	-33.44	-33.44	-37.62	-37.62
Other Financing Activities	-64.35	-83.22	-80.07	-38.18	-178.18
Foreign Exchange Rate Adjustments	-10.68	-4.89	-4.75	22.43	-9.41
Net Cash Flow	-7.9	-64.28	-118.7	108.85	-4.39
Cash Interest Paid	62.99	81.28	78.12	35.46	16.5
Cash Income Tax Paid	22.35	22.56	19.36	10.3	15.87
Levered Free Cash Flow	4.71	-221.74	57.74	95.81	966.31
Unlevered Free Cash Flow	37.38	-174.26	107.73	119.16	976.9
Change in Working Capital	-30	-279.45	-20.59	1.02	-0.59

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