HKG:0999 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2023	FY 2022	FY 2021
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	532.06	237.57	227.12
Depreciation & Amortization	329.16	285.58	240.3
Other Amortization	1.06	1.05	0.08
Loss (Gain) From Sale of Assets	4.47	3.28	0.47
Asset Writedown & Restructuring Costs	0.66	0.98	0.33
Stock-Based Compensation	-	-	6.45
Other Operating Activities	58.87	31.04	24.05
Change in Accounts Receivable	-95.9	-59.21	-64.38
Change in Inventory	-20.13	-26.68	-20.8
Change in Accounts Payable	46.05	-48.87	-99.35
Change in Unearned Revenue	10.06	9.4	6.88
Operating Cash Flow	866.34	434.13	321.16
Operating Cash Flow Growth	99.56%	35.18%	-
Capital Expenditures	-309.16	-94.28	-169.88
Sale (Purchase) of Intangibles	-1.36	-1.98	-1.16
Investment in Securities	5	14.5	-19.5
Other Investing Activities	9.78	1.95	0.42
Investing Cash Flow	-295.74	-79.81	-190.12
Short-Term Debt Issued	50	151.81	50.2
Long-Term Debt Issued	400	-	-
Total Debt Issued	450	151.81	50.2
Short-Term Debt Repaid	-113.44	-107.67	-22.85
Long-Term Debt Repaid	-172.07	-150.35	-116.51
Total Debt Repaid	-285.51	-258.02	-139.36
Net Debt Issued (Repaid)	164.49	-106.21	-89.16
Issuance of Common Stock	-	-	1.02
Common Dividends Paid	-135.28	-150	-
Other Financing Activities	-43.35	-55.48	-29.57
Financing Cash Flow	-14.13	-311.69	-117.71
Foreign Exchange Rate Adjustments	0.68	-	-
Net Cash Flow	557.15	42.63	13.33
Free Cash Flow	557.18	339.85	151.27
Free Cash Flow Growth	63.95%	124.66%	-
Free Cash Flow Margin	12.13%	10.48%	5.70%
Cash Interest Paid	30.52	27.43	23.57
Cash Income Tax Paid	178.6	102.4	78.74
Levered Free Cash Flow	603.89	206.74	-
Unlevered Free Cash Flow	623.61	224.44	-
Change in Net Working Capital	12.79	291.82	-

Source: S&P Capital IQ. Standard template. Financial Sources.