Tesson Holdings 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	-142.89	-89.73	-196.06	-326.94
Depreciation & Amortization	71.04	72.09	64.76	75.73
Loss (Gain) From Sale of Assets	-	-8.1	1.85	9.74
Asset Writedown & Restructuring Costs	19.25	-	2.65	62.44
Loss (Gain) From Sale of Investments	0.02	0.05	-0.05	10.21
Provision & Write-off of Bad Debts	0.26	0.71	1.44	38.78
Other Operating Activities	-8.92	0.54	75.27	87.31
Change in Accounts Receivable	20.31	-6.65	64.61	5.88
Change in Inventory	34.35	-4.91	0.57	-33.98
Change in Accounts Payable	-28.32	34.4	23.13	-24.03
Change in Unearned Revenue	-3.06	-1.66	-25.67	4.2
Operating Cash Flow	-37.97	-3.26	33.5	-25.46
Capital Expenditures	-1.6	-3.56	-19.94	-23.55
Divestitures	-	-	1.39	-
Other Investing Activities	-	20.45	189.56	45.65
Investing Cash Flow	-1.6	16.89	171.02	22.1
Short-Term Debt Issued	-	0.03	3.06	71.04
Total Debt Issued	-	0.03	3.06	71.04
Short-Term Debt Repaid	-17.55	-4.71	-34.27	-14.37
Long-Term Debt Repaid	-0.98	-4.61	-2.49	-2.66
Total Debt Repaid	-18.54	-9.31	-36.76	-17.03
Net Debt Issued (Repaid)	-18.54	-9.28	-33.69	54.01
Issuance of Common Stock	69.66	-	10.43	15.64
Other Financing Activities	-2.91	-4.78	-165.86	-71.76
Financing Cash Flow	48.21	-14.06	-189.12	-2.12
Foreign Exchange Rate Adjustments	-1.69	-3.22	-21.78	3.01
Net Cash Flow	6.95	-3.65	-6.39	-2.47
Free Cash Flow	-39.57	-6.82	13.56	-49.01
Free Cash Flow Margin	-59.31%	-5.28%	14.36%	-30.66%
Free Cash Flow Per Share	-0.19	-0.05	0.11	-0.40
Cash Interest Paid	2.91	4.78	6.77	2.16
Cash Income Tax Paid	-	-	0.47	-
Levered Free Cash Flow	13.33	30.36	375.12	253.86
Unlevered Free Cash Flow	15.14	33.35	379.35	258.82
Change in Working Capital	23.28	21.17	62.64	-47.93

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