Kai Yuan Holdings 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	-127.53	35.85	-2.4	-41.12	-164.36
Depreciation & Amortization	39.43	43.94	45.63	38.71	39.81
Other Amortization	-	0.05	0.05	0.04	0.03
Loss (Gain) From Sale of Investments	-	-12.03	11.34	-0.4	17.92
Loss (Gain) on Equity Investments	-	-	-	-	25.53
Other Operating Activities	56.8	51.44	38.45	23.57	19.61
Change in Accounts Receivable	-4.4	-0.64	-0.44	-7.57	-4.54
Change in Inventory	0.02	0.11	-0.3	-0.32	0.11
Change in Accounts Payable	-1.77	1.44	-4.53	5.8	-1.73
Change in Other Net Operating Assets	4.7	-11.97	-5.42	22.51	4.36
Operating Cash Flow	31.11	108.19	90.54	44.76	40.38
Operating Cash Flow Growth	-71.25%	19.48%	102.29%	10.85%	-
Capital Expenditures	-112.27	-4.98	-3.03	-75.97	-16.92
Sale (Purchase) of Intangibles	-	-	-	-0.33	-
Investment in Securities	-	92.8	129.58	-124.58	-
Other Investing Activities	-	6.5	7.83	13.93	7.83
Investing Cash Flow	-112.27	94.32	134.37	-186.95	-9.09
Long-Term Debt Repaid	-1.54	-1.61	-1.62	-1.39	-1.8
Total Debt Repaid	-1.54	-1.61	-1.62	-1.39	-1.8
Net Debt Issued (Repaid)	-1.54	-1.61	-1.62	-1.39	-1.8
Other Financing Activities	-132.06	-69.21	-49.39	-20	-38.15
Financing Cash Flow	-133.6	-70.82	-51	-21.39	-39.95
Foreign Exchange Rate Adjustments	50.17	-21.41	10.04	-7.92	-12.48
Net Cash Flow	-164.59	110.27	183.96	-171.5	-21.14
Free Cash Flow	-81.16	103.21	87.51	-31.21	23.46
Free Cash Flow Growth	-	17.94%	-	-	-
Free Cash Flow Margin	-42.27%	31.91%	29.80%	-20.33%	24.97%
Free Cash Flow Per Share	-0.01	0.01	0.01	-0.00	0.00
Cash Interest Paid	69.16	64.08	36.07	39.48	38.25
Cash Income Tax Paid	3.22	4.47	0.99	-	-
Levered Free Cash Flow	-102.79	-3.9	-4.87	-120.56	-9.53
Unlevered Free Cash Flow	-52.65	53.68	50.09	-90.33	18.52
Change in Working Capital	-1.45	-11.05	-10.69	20.42	-1.8

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