CITIC Resources Holdings Limited (HKG:1205)

CITIC Resources 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	572.58	551.8	1,336	1,103
Depreciation & Amortization	560.19	381.46	486.39	464.33
Loss (Gain) From Sale of Assets	4.23	8.14	-0.26	-7.63
Asset Writedown & Restructuring Costs	51.48	-542.83	-6.52	1.04
Loss (Gain) From Sale of Investments	-163.44	844.72	45.18	-
Loss (Gain) on Equity Investments	-241.96	-285.83	-422.55	-422.52
Provision & Write-off of Bad Debts	-1.44	-0.74	-2.6	0.09
Other Operating Activities	76.41	110.09	417.88	250.17
Change in Accounts Receivable	-452.89	56.8	396.92	-276.36
Change in Inventory	-131.73	116.01	-146.9	-45.21
Change in Accounts Payable	506.38	137.12	-29.35	19.97
Change in Other Net Operating Assets	3.32	-222.14	79.65	19.91
Operating Cash Flow	783.13	1,155	2,153	1,107
Operating Cash Flow Growth	-32.17%	-46.38%	94.50%	863.88%
Capital Expenditures	-394.77	-405	-511.96	-438.17
Sale of Property, Plant & Equipment	2.83	1.22	0.94	10.9
Sale (Purchase) of Intangibles	-3.07	-7.35	-0.72	-1.09
Investment in Securities	-14.48	-18.79	37	-80.03
Other Investing Activities	-104.28	512.44	-386.52	-363.1
Investing Cash Flow	-513.77	82.52	-861.27	-871.49
Short-Term Debt Issued	-	-	-	13.78
Long-Term Debt Issued	3,630	700	2,103	3,243
Total Debt Issued	3,630	700	2,103	3,257
Short-Term Debt Repaid	-	-	-	-14.24
Long-Term Debt Repaid	-3,450	-1,536	-3,207	-4,403
Total Debt Repaid	-3,450	-1,536	-3,207	-4,417
Net Debt Issued (Repaid)	179.15	-836.49	-1,104	-1,160
Common Dividends Paid	-196.43	-471.42	-353.58	-
Other Financing Activities	-63.23	-139.93	-98.64	-94.07
Financing Cash Flow	-80.51	-1,448	-1,557	-1,254
Foreign Exchange Rate Adjustments	-5.26	3.62	-75.93	11.24
Net Cash Flow	183.59	-207.1	-340.4	-1,008
Free Cash Flow	388.36	749.6	1,641	668.99
Free Cash Flow Growth	-48.19%	-54.33%	145.36%	-
Free Cash Flow Margin	4.09%	19.59%	27.98%	15.38%
Free Cash Flow Per Share	0.05	0.10	0.21	0.09
Cash Interest Paid	63.23	139.93	98.64	94.07
Cash Income Tax Paid	176.71	138.11	163.18	8.03
Levered Free Cash Flow	374.97	486.52	990.55	440.39
Unlevered Free Cash Flow	418.36	572.62	1,063	491.03
Change in Working Capital	-74.92	87.79	300.33	-281.69

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