HKG:1446 Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-16.68	-13.69	-34.62	5.27	8.22	62.53
Depreciation & Amortization	124.02	129.71	139.22	134.92	133.44	129.13
Other Amortization	0.7	0.7	0.66	0.56	-	-
Loss (Gain) From Sale of Assets	0.19	0.19	0.38	0.08	0.14	0.09
Asset Writedown & Restructuring Costs	0.2	0.2	6.94	0.88	-	-
Loss (Gain) From Sale of Investments	0.14	0.14	3.41	0.93	-	-
Loss (Gain) on Equity Investments	-	-	-	-	0.01	0.02
Provision & Write-off of Bad Debts	-	-	-	-	-	0.79
Other Operating Activities	30.86	6.86	9.28	0.27	-0.11	10.68
Change in Accounts Receivable	3.03	3.03	-1.78	-12.67	-3.83	5.12
Change in Inventory	13.02	13.02	11.3	-3.55	-6.79	-0.84
Change in Accounts Payable	-7.3	-7.3	-2.87	5.49	7.32	-6.17
Change in Other Net Operating Assets	8	8	-17.07	-8.98	-1.11	18.11
Operating Cash Flow	156.19	140.86	114.86	123.21	136.66	220.09
Operating Cash Flow Growth	35.40%	22.64%	-6.78%	-9.84%	-37.91%	104.62%
Capital Expenditures	-17.84	-16.26	-14.38	-24.33	-29.56	-31.86
Sale of Property, Plant & Equipment	0.01	0.03	-	0.01	0.06	0.15
Investment in Securities	-	-	-	0.03	-5	-
Other Investing Activities	0.17	0.15	-1.27	0.07	0.78	0.07
Investing Cash Flow	-17.66	-16.09	-15.65	-24.23	-33.72	-31.65
Long-Term Debt Issued	-	118.51	105.5	65	10	45
Long-Term Debt Repaid	-	-218.42	-213.3	-169.59	-117.91	-181.36
Net Debt Issued (Repaid)	-99.54	-99.91	-107.8	-104.59	-107.91	-136.36
Common Dividends Paid	-	-	-4.07	-4.46	-12.86	-5.51
Other Financing Activities	-1.93	-2.43	-2.69	-0.96	-0.82	-2.5
Financing Cash Flow	-101.46	-102.34	-114.55	-110.02	-121.58	-150.27
Foreign Exchange Rate Adjustments	0.6	-0.72	-0.03	-1.74	0.42	1.38
Net Cash Flow	37.67	21.72	-15.38	-12.77	-18.23	39.55
Free Cash Flow	138.36	124.6	100.48	98.89	107.1	188.23
Free Cash Flow Growth	36.13%	24.00%	1.61%	-7.67%	-43.10%	208.34%
Free Cash Flow Margin	22.87%	20.07%	14.94%	14.40%	15.39%	26.80%
Free Cash Flow Per Share	0.21	0.19	0.15	0.15	0.16	0.29
Cash Interest Paid	1.93	2.43	2.69	0.96	0.58	2.5
Cash Income Tax Paid	-	-0.43	-5.52	3.03	6.04	1.89
Levered Free Cash Flow	130.61	118.16	103.1	75.98	93.31	156.25
Unlevered Free Cash Flow	136.63	124.47	108.52	78.86	96.42	160.78
Change in Working Capital	16.76	16.76	-10.41	-19.7	-4.41	16.21

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.