Milan Station Holdings Limited (HKG:1150)

Milan Station Holdings Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-26.36	-27.88	-45.86	20.53
Depreciation & Amortization	9.99	11.99	18.99	19.18
Loss (Gain) From Sale of Assets	-2.93	0.04	-4.26	-2.9
Asset Writedown & Restructuring Costs	7.56	2.37	-	-
Loss (Gain) From Sale of Investments	-10.29	2.05	21.48	-17.34
Stock-Based Compensation	-	-	6.06	-
Other Operating Activities	0.38	1	0.76	2.23
Change in Accounts Receivable	-0.85	6.44	-5.78	-2.01
Change in Inventory	9.74	-5.79	1.46	-11.94
Change in Accounts Payable	3.09	1.05	5.28	-12.77
Change in Unearned Revenue	-0.05	-0.24	-1.84	1.75
Change in Other Net Operating Assets	4.92	0.9	-14.63	-7.34
Operating Cash Flow	-1.87	-4.03	-14.81	-17.14
Capital Expenditures	-0.24	-1.62	-0.23	-8.45
Sale of Property, Plant & Equipment	-	-	-	2.9
Divestitures	-	-	2.27	-
Other Investing Activities	0.02	0.04	-0.39	-0.16
Investing Cash Flow	-0.23	-1.58	1.66	-5.72
Long-Term Debt Issued	-	8	-	-
Total Debt Issued	-	8	-	-
Long-Term Debt Repaid	-9.3	-9.77	-14.65	-15.16
Total Debt Repaid	-9.3	-9.77	-14.65	-15.16
Net Debt Issued (Repaid)	-9.3	-1.77	-14.65	-15.16
Issuance of Common Stock	14.09	-	19.11	-
Other Financing Activities	-1.83	-0.74	-1.39	-1
Financing Cash Flow	2.96	-2.51	3.07	-16.17
Foreign Exchange Rate Adjustments	0.05	-0.02	0.01	-0.01
Net Cash Flow	0.91	-8.14	-10.07	-39.02
Free Cash Flow	-2.11	-5.65	-15.04	-25.59
Free Cash Flow Margin	-1.89%	-3.28%	-6.45%	-10.44%
Free Cash Flow Per Share	-0.00	-0.01	-0.02	-0.04
Cash Interest Paid	1.48	0.74	0.97	1
Cash Income Tax Paid	-	-	0	0.14
Levered Free Cash Flow	6.19	2.13	-5.29	-17.14
Unlevered Free Cash Flow	7.21	2.91	-4.69	-16.52
Change in Working Capital	14.9	1.08	-20.9	-38.93

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