HKG:1204 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	0.95	4.5	3.25	24
Depreciation & Amortization	16.55	14.96	11.68	10.65
Other Amortization	0.94	0.87	1	0.83
Asset Writedown & Restructuring Costs	0.13	-	-	-
Loss (Gain) From Sale of Investments	-	-	-	1.28
Provision & Write-off of Bad Debts	-0.15	0.45	-0.99	-
Other Operating Activities	-1.57	-4.63	2.82	-4.19
Change in Accounts Receivable	21.15	-100.14	38.79	-127.67
Change in Inventory	6.34	35.44	-28.05	7.96
Change in Accounts Payable	-12.75	55.47	3.58	36.76
Change in Unearned Revenue	11.43	-58.81	37.34	14.92
Change in Other Net Operating Assets	-6.71	-23.54	-6.06	-14.26
Operating Cash Flow	36.31	-75.43	63.36	-49.73
Capital Expenditures	-13.74	-3.97	-6.38	-4.19
Sale (Purchase) of Intangibles	-2.34	-0.07	-0.19	-0.94
Investment in Securities	-	-0.11	-	-
Other Investing Activities	44.17	1.26	-50	0.03
Investing Cash Flow	28.08	-2.88	-56.57	-5.1
Short-Term Debt Issued	-	-	-	0.7
Long-Term Debt Issued	39.5	11.1	30.9	24.85
Total Debt Issued	39.5	11.1	30.9	25.55
Short-Term Debt Repaid	-	-	-	-17.45
Long-Term Debt Repaid	-45.17	-8.79	-70.46	-16.51
Total Debt Repaid	-45.17	-8.79	-70.46	-33.95
Net Debt Issued (Repaid)	-5.68	2.3	-39.56	-8.4
Issuance of Common Stock	-	-	135	48.1
Other Financing Activities	-1.49	-0.81	-10.58	-0.33
Financing Cash Flow	-7.17	1.5	84.86	39.37
Foreign Exchange Rate Adjustments	-0.09	0.02	-0.62	0.04
Net Cash Flow	57.14	-76.79	91.03	-15.41
Free Cash Flow	22.57	-79.39	56.98	-53.92
Free Cash Flow Margin	3.48%	-11.06%	9.81%	-10.09%
Free Cash Flow Per Share	0.04	-0.16	0.14	-0.15
Cash Interest Paid	1.49	0.81	0.66	0.92
Cash Income Tax Paid	2.43	5.37	4.79	13.86
Levered Free Cash Flow	50.94	-62.3	66.09	-79.62
Unlevered Free Cash Flow	51.91	-61.79	67.48	-78.08
Change in Working Capital	19.46	-91.59	45.6	-82.3

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