HKG:1036 Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-122.12	-50.53	27.7	28.17	424.58	185.75
Depreciation & Amortization	34.38	35.27	18.34	12.26	11.38	10.43
Gain (Loss) on Sale of Assets	-	-	-13.72	-38.38	-	-
Gain (Loss) on Sale of Investments	-	-	30.65	51.78	31.17	-
Asset Writedown	-9.9	-9.9	-54.27	-	-191.26	56.17
Income (Loss) on Equity Investments	51.41	51.41	130.27	37.61	-99.18	-8.26
Change in Accounts Receivable	11.92	11.92	23.02	189.37	-86.6	-8.72
Change in Accounts Payable	-50.11	-50.11	-91.48	-12.51	34.75	-
Change in Other Net Operating Assets	-	-	-	-	-	45.55
Other Operating Activities	383.51	50.8	-18.98	-43.66	-32.7	-62.13
Operating Cash Flow	505.54	245.31	-4.01	162.22	93.83	221.32
Operating Cash Flow Growth	-	-	-	72.89%	-57.61%	161.00%
Acquisition of Real Estate Assets	-0.28	-0.91	-70.96	-150.26	-63.82	-19.31
Sale of Real Estate Assets	37.2	48.4	71.12	-	-	-
Net Sale / Acq. of Real Estate Assets	36.92	47.49	0.16	-150.26	-63.82	-19.31
Cash Acquisition	-	-	-	-805.45	-	-
Investment in Marketable & Equity Securities	-56.3	-47.99	370.01	-201.15	230.72	92.77
Other Investing Activities	13.35	19.69	18.31	67.84	26.32	-44.49
Investing Cash Flow	-6.04	19.19	388.48	-507.31	193.21	28.97
Long-Term Debt Issued	-	-	-	200	-	402.69
Total Debt Issued	-	-	-	200	-	402.69
Short-Term Debt Repaid	-	-	-	-	-	-395.03
Long-Term Debt Repaid	-	-378.18	-288.83	-11.42	-21.83	-19.73
Total Debt Repaid	-363.82	-378.18	-288.83	-11.42	-21.83	-414.76
Net Debt Issued (Repaid)	-363.82	-378.18	-288.83	188.58	-21.83	-12.06
Common Dividends Paid	-23.37	-23.37	-35.06	-35.06	-35.06	-35.06
Other Financing Activities	-3.85	-15.59	-36.39	-30.95	-28.48	-45.13
Foreign Exchange Rate Adjustments	-0.48	-0.41	0.97	-4.3	-0.58	1.92
Net Cash Flow	107.98	-153.06	25.17	-226.82	201.09	159.96
Cash Interest Paid	3.85	15.59	36.39	30.61	28.48	45.13
Cash Income Tax Paid	14.3	9.75	14.58	48.44	25.06	25.68
Levered Free Cash Flow	460.91	90.97	-81.39	-671.93	127.34	491.74
Unlevered Free Cash Flow	463.35	100.5	-59.36	-656.11	145.14	514.16
Change in Working Capital	168.19	168.19	-124	116.4	-51.85	36.83

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