HKG:1270 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	54.15	231.72	1,080	419.56	-346.56
Depreciation & Amortization	0.79	1.11	1.12	1.21	1.87
Other Amortization	13.6	9.65	11.11	11.25	11.25
Gain (Loss) on Sale of Assets	0	-	-	-0.08	-
Asset Writedown	26.58	-186.53	-926.34	-218.42	475.38
Stock-Based Compensation	0.07	62.32	63.9	33.15	20.57
Change in Accounts Receivable	-7.64	11.01	-31.41	7.84	-12.91
Change in Other Net Operating Assets	26.21	-1.1	0.03	-0.03	-7.4
Other Operating Activities	32.56	-13.44	87.95	-37.9	-52.41
Operating Cash Flow	146.32	114.75	286.67	216.58	89.8
Operating Cash Flow Growth	27.51%	-59.97%	32.36%	141.19%	621.73%
Acquisition of Real Estate Assets	-33.18	-51.3	-55.4	-63.19	-67.86
Net Sale / Acq. of Real Estate Assets	-33.18	-51.3	-55.4	-63.19	-67.86
Other Investing Activities	-45.03	3.89	9.83	1.7	41.6
Investing Cash Flow	-78.21	-47.41	-45.57	-61.48	-26.26
Long-Term Debt Issued	-	145.45	100	-	-
Long-Term Debt Repaid	-3.77	-1.07	-358.92	-1.16	-101.87
Net Debt Issued (Repaid)	-3.77	144.38	-258.92	-1.16	-101.87
Common Dividends Paid	-55.11	-	-95.39	-87.91	-
Other Financing Activities	-0.04	-40.84	-9.42	-0.06	-0.1
Net Cash Flow	9.19	170.89	-122.63	65.97	-38.43
Cash Interest Paid	248.05	312.92	227.43	126.33	105.54
Cash Income Tax Paid	-7.39	11.88	0.17	0.03	-2.83
Levered Free Cash Flow	65.81	67.22	152.31	199.55	154.68
Unlevered Free Cash Flow	222.8	252.71	338.83	226.41	176.38
Change in Working Capital	18.56	9.92	-31.39	7.81	-20.31