Dream International Cash Flow Statement

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

Millions HKD. 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	738.5	829.85	687.1	193.56
Depreciation & Amortization	183.05	171.7	185.9	173.43
Other Amortization	0.18	0.15	0.4	0.4
Loss (Gain) From Sale of Assets	4.26	-0.88	-0.11	2.08
Asset Writedown & Restructuring Costs	0	0.07	-0.03	0.01
Loss (Gain) on Equity Investments	-1.23	-3.96	-1.74	-0.9
Provision & Write-off of Bad Debts	0.49	-0.03	3.34	-0.37
Other Operating Activities	-19.42	20.21	121.11	-8.29
Change in Accounts Receivable	-167.88	254.25	77.94	-470.31
Change in Inventory	-28.1	127.39	-80.62	-206.13
Change in Accounts Payable	35.97	-248.76	-379.82	521.24
Change in Other Net Operating Assets	-1.02	11.6	-5.25	-7.19
Operating Cash Flow	744.79	1,162	608.22	197.54
Operating Cash Flow Growth	-35.88%	90.98%	207.90%	-39.69%
Capital Expenditures	-203.65	-83.16	-200.44	-187.23
Sale of Property, Plant & Equipment	26.94	26.06	6.64	16.31
Cash Acquisitions	1.25	-	-	-
Divestitures	-1.36	-	-	-
Sale (Purchase) of Intangibles	-8.72	-5.23	-	-11.7
Investment in Securities	-60.73	-43.39	120.91	-41.89
Other Investing Activities	47.99	38.74	19.51	20.46
Investing Cash Flow	-203.66	-71.95	-78.29	-204.06
Short-Term Debt Issued	242.64	352.3	692.01	691.36
Total Debt Issued	242.64	352.3	692.01	691.36
Short-Term Debt Repaid	-215.4	-470	-763.52	-683.27
Long-Term Debt Repaid	-27.61	-22.64	-17.72	-18.25
Total Debt Repaid	-243.02	-492.63	-781.24	-701.51
Net Debt Issued (Repaid)	-0.37	-140.34	-89.23	-10.15
Common Dividends Paid	-372.28	-338.43	-135.37	-81.22
Other Financing Activities	-6.56	-10.28	-9.13	-10.46
Financing Cash Flow	-379.21	-489.05	-233.73	-101.83
Foreign Exchange Rate Adjustments	-18.46	-5.4	-9.93	2.27
Net Cash Flow	143.46	595.2	286.28	-106.08
Free Cash Flow	541.14	1,078	407.79	10.31
Free Cash Flow Growth	-49.82%	164.46%	3856.39%	-90.81%
Free Cash Flow Margin	9.93%	20.15%	6.52%	0.21%
Free Cash Flow Per Share	0.80	1.59	0.60	0.01
Cash Interest Paid	6.56	10.28	9.13	10.46
Cash Income Tax Paid	135.15	144.84	85.15	60.18
Levered Free Cash Flow	437.65	889.38	199.93	-23.5
Unlevered Free Cash Flow	441.75	895.8	205.63	-16.97
Change in Working Capital	-161.02	144.48	-387.76	-162.39

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.