HKG:1313 Cash Flow Statement

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

Millions CNY. 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	210.86	643.82	1,613	6,328
Depreciation & Amortization	2,838	2,577	2,175	2,064
Loss (Gain) From Sale of Assets	12.96	-189.46	-211.78	-15.76
Asset Writedown & Restructuring Costs	426.9	80.72	-	-8.15
Loss (Gain) From Sale of Investments	-	-0.98	-15.18	-
Loss (Gain) on Equity Investments	70.42	54.85	45.55	-561.43
Provision & Write-off of Bad Debts	26.76	-7.2	239.55	109.43
Other Operating Activities	-14.73	-262.64	-1,231	-634.22
Change in Accounts Receivable	-271.17	819.79	1,382	-1,322
Change in Inventory	67.7	539.17	245.78	-721.57
Change in Accounts Payable	279.15	149.81	-696.91	-149.33
Change in Other Net Operating Assets	199.38	-487.72	-878.99	-172.97
Operating Cash Flow	3,846	3,918	2,667	4,916
Operating Cash Flow Growth	-1.82%	46.91%	-45.76%	-43.14%
Capital Expenditures	-1,954	-3,665	-4,762	-3,424
Sale of Property, Plant & Equipment	27.42	83.73	49.9	39.85
Cash Acquisitions	-105	-379.47	-3,008	-1,936
Divestitures	7.06	111.82	1,485	-
Sale (Purchase) of Intangibles	-646.58	-668.58	-2,046	-3,571
Investment in Securities	5.06	102.62	-360.68	-950.02
Other Investing Activities	-237.3	-260.21	-435.99	285.01
Investing Cash Flow	-2,903	-4,675	-9,078	-9,556
Short-Term Debt Issued	-	-	-	4,583
Long-Term Debt Issued	4,569	10,364	13,582	1,107
Total Debt Issued	4,569	10,364	13,582	5,689
Short-Term Debt Repaid	-	-	-1,443	-
Long-Term Debt Repaid	-5,722	-8,747	-7,479	-3,145
Total Debt Repaid	-5,722	-8,747	-8,922	-3,145
Net Debt Issued (Repaid)	-1,153	1,617	4,660	2,545
Common Dividends Paid	-166.15	-319.99	-2,399	-3,300
Other Financing Activities	5.07	113.58	301.02	139.97
Financing Cash Flow	-1,314	1,410	2,562	-614.71
Foreign Exchange Rate Adjustments	1.97	2.38	19.48	237.21
Net Cash Flow	-368.49	654.79	-3,829	-5,018
Free Cash Flow	1,893	252.36	-2,095	1,492
Free Cash Flow Growth	650.00%	-	-	-79.32%
Free Cash Flow Margin	8.21%	0.99%	-7.14%	4.17%
Free Cash Flow Per Share	0.27	0.04	-0.30	0.21
Cash Interest Paid	468.31	527.96	341.15	157.3
Cash Income Tax Paid	368.75	563.69	1,419	2,625
Levered Free Cash Flow	1,231	-850.39	-3,195	-1,107
Unlevered Free Cash Flow	1,566	-515.5	-3,006	-988.81
Change in Working Capital	275.07	1,021	51.94	-2,366

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