Q P Group Holdings Cash Flow Statement

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

Millions HKD. 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	129.12	80.1	126.84	119.04
Depreciation & Amortization	60.82	57.48	59.57	57.92
Other Amortization	1.43	1.23	0.93	0.62
Loss (Gain) From Sale of Assets	0.39	0.02	0.02	1.03
Other Operating Activities	-23.06	-4.37	-0.59	-40.23
Change in Accounts Receivable	11.53	-19.02	96.26	-7.73
Change in Inventory	-15.55	4.02	26.74	-16.33
Change in Accounts Payable	13.35	-2.17	-55.88	5.69
Change in Unearned Revenue	4.32	-0.05	6.6	1.06
Change in Other Net Operating Assets	21.77	-5.12	8.51	-4.85
Operating Cash Flow	204.1	112.14	268.99	116.23
Operating Cash Flow Growth	82.01%	-58.31%	131.44%	-39.98%
Capital Expenditures	-74.48	-119.33	-66.44	-119.99
Sale of Property, Plant & Equipment	0.19	0.55	0.14	0.51
Sale (Purchase) of Intangibles	-0.44	-1.89	-1.45	-2.22
Investment in Securities	-7.43	-0.5	-15.58	-
Other Investing Activities	15.12	-73.82	1.33	9.11
Investing Cash Flow	-67.04	-194.99	-82	-112.58
Short-Term Debt Issued	22.76	-	-	-
Long-Term Debt Issued	147.06	30.81	126.5	212
Total Debt Issued	169.82	30.81	126.5	212
Short-Term Debt Repaid	-5.83	-	-	-
Long-Term Debt Repaid	-146.17	-101.54	-97.59	-218.94
Total Debt Repaid	-152	-101.54	-97.59	-218.94
Net Debt Issued (Repaid)	17.81	-70.74	28.91	-6.94
Common Dividends Paid	-58.52	-69.16	-74.48	-74.48
Other Financing Activities	-2.74	-3.7	-2.29	-1.51
Financing Cash Flow	-43.45	-143.6	-47.86	-82.93
Foreign Exchange Rate Adjustments	-1.68	-0.79	-3.19	1.4
Net Cash Flow	91.93	-227.24	135.94	-77.89
Free Cash Flow	129.62	-7.2	202.55	-3.76
Free Cash Flow Margin	10.70%	-0.69%	15.87%	-0.27%
Free Cash Flow Per Share	0.24	-0.01	0.38	-0.01
Cash Interest Paid	3.64	3.88	2.29	1.51
Cash Income Tax Paid	26.89	3.87	18.66	39.55
Levered Free Cash Flow	104.34	-34.96	191.49	-39.98
Unlevered Free Cash Flow	106.7	-32.46	192.92	-38.9
Change in Working Capital	35.41	-22.33	82.22	-22.16

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