HKG:1290 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. 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	52.58	50.49	46.45	41.06	87.17
Depreciation & Amortization	6.09	6.06	6.89	6.58	5.01
Other Amortization	-	0.15	-	-	-
Loss (Gain) From Sale of Investments	-	-2.32	1.5	-3.79	-0.53
Loss (Gain) on Equity Investments	-	-	-2.24	-1.72	-
Other Operating Activities	213.6	12.01	16.21	21.82	48.15
Change in Accounts Receivable	-	-6.98	-113.4	-24.3	-5.78
Change in Other Net Operating Assets	-	-132.9	-216.65	-112.56	-50.38
Operating Cash Flow	272.27	-77.77	-254.19	-102.49	98.46
Operating Cash Flow Growth	-	-	-	-	-76.03%
Capital Expenditures	-5.99	-2.55	-7.26	-9.45	-28.87
Divestitures	-	14.17	-	-	-
Sale (Purchase) of Intangibles	-	-0.05	-0.03	-0.1	-0.08
Sale (Purchase) of Real Estate	-7.7	-73.85	-9.29	-9.83	-30.75
Investment in Securities	-	3.24	21.37	-6.81	-15.98
Investing Cash Flow	-13.69	-59.05	4.8	-26.19	-75.67
Long-Term Debt Issued	669.95	1,120	1,132	1,067	712.51
Total Debt Issued	669.95	1,120	1,132	1,067	712.51
Long-Term Debt Repaid	-848.53	-949.51	-930.76	-937.37	-656.63
Total Debt Repaid	-848.53	-949.51	-930.76	-937.37	-656.63
Net Debt Issued (Repaid)	-178.58	170	201.39	129.75	55.88
Issuance of Common Stock	-	-	-	-	1.32
Common Dividends Paid	-29.9	-19.9	-30.13	-37.33	-
Other Financing Activities	-22.99	-14.06	18.65	-2.84	51.22
Financing Cash Flow	-231.46	136.05	189.92	89.58	108.42
Foreign Exchange Rate Adjustments	-3.25	-0.43	-0.06	1.13	-0.35
Net Cash Flow	23.88	-1.2	-59.53	-37.98	130.86
Free Cash Flow	266.28	-80.33	-261.44	-111.94	69.59
Free Cash Flow Growth	-	-	-	-	-82.78%
Free Cash Flow Margin	38.50%	-12.30%	-39.92%	-18.02%	14.33%
Free Cash Flow Per Share	0.24	-0.07	-0.24	-0.10	0.06
Cash Interest Paid	47.16	56.73	40.68	30.84	25.07
Cash Income Tax Paid	36.82	34.46	31.38	28.84	17.07
Levered Free Cash Flow	320.56	-122.51	-417.09	-194.63	174.86
Unlevered Free Cash Flow	350.04	-87.05	-391.63	-174.71	190.85
Change in Working Capital	-	-144.16	-322.99	-166.45	-41.33

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