Wynn Macau 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	1,630	3,198	1,172	-7,339	-5,179
Depreciation & Amortization	2,479	2,370	2,374	2,308	2,625
Other Amortization	-	250.42	221.53	104.75	90.76
Loss (Gain) From Sale of Assets	-	160.81	103.71	186.87	42.39
Stock-Based Compensation	-	105.76	162.47	208.39	224.26
Provision & Write-off of Bad Debts	-	42.79	-64.31	-58.86	184.97
Other Operating Activities	3,261	1,836	2,381	2,409	2,487
Change in Accounts Receivable	-	33.79	-476.69	164.75	365.56
Change in Inventory	-	-15.99	-5.86	15.83	-9.36
Change in Accounts Payable	-	-45.11	55.85	7.51	-37.58
Change in Other Net Operating Assets	-	-242.8	889.4	-127.55	-2,006
Operating Cash Flow	7,369	7,694	6,812	-2,120	-1,212
Operating Cash Flow Growth	-4.22%	12.94%	-	-	-
Capital Expenditures	-1,940	-1,306	-714.3	-348.68	-476.02
Sale of Property, Plant & Equipment	-	2.06	2.36	0.24	0.21
Sale (Purchase) of Intangibles	-	-	-	-46.81	-
Investment in Securities	5,230	5,468	-5,422	-	-
Other Investing Activities	-10,131	665.39	725.19	-890.3	21.91
Investing Cash Flow	-6,841	4,830	-5,409	-1,286	-453.91
Long-Term Debt Issued	-	-	4,708	1,660	10,426
Long-Term Debt Repaid	-15,826	-7,615	-197.48	-43.29	-13,469
Net Debt Issued (Repaid)	-15,826	-7,615	4,510	1,616	-3,044
Common Dividends Paid	-1,940	-783.4	-0.29	-3.2	-4.02
Other Financing Activities	13,045	-3,025	-3,024	-2,474	-2,517
Financing Cash Flow	-4,721	-11,423	1,486	-860.42	-5,565
Foreign Exchange Rate Adjustments	-10.1	-67.37	-12.19	24.74	64.35
Net Cash Flow	-4,203	1,033	2,877	-4,241	-7,167
Free Cash Flow	5,429	6,388	6,098	-2,469	-1,688
Free Cash Flow Growth	-15.01%	4.75%	-	-	-
Free Cash Flow Margin	18.73%	22.23%	25.13%	-43.74%	-14.40%
Free Cash Flow Per Share	1.04	1.12	1.09	-0.47	-0.33
Cash Interest Paid	2,460	2,871	2,914	2,451	2,272
Cash Income Tax Paid	-	42.47	6.35	18.5	12.43
Levered Free Cash Flow	1,910	2,809	3,200	-2,395	-2,056
Unlevered Free Cash Flow	3,700	4,544	5,063	-903.55	-697.03
Change in Working Capital	-	-270.12	462.7	60.54	-1,687

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.