SFK Construction Holdings 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	15.99	27.77	25.32	18.73	17.43
Depreciation & Amortization	24.05	24.07	22.24	27.18	42.24
Loss (Gain) From Sale of Assets	-0.48	-11.97	-0.39	-1.11	-1.41
Loss (Gain) on Equity Investments	-	-	1.02	2.13	2.3
Other Operating Activities	20.43	17.55	10.07	30.13	4.74
Change in Accounts Receivable	-287.92	113.76	-242.08	168.12	93.03
Change in Accounts Payable	53.02	-135	-2.03	-104.7	-144.78
Change in Unearned Revenue	68.97	-195.84	131.93	-33.73	-28.57
Change in Other Net Operating Assets	-	-	0.45	-1.77	-3.28
Operating Cash Flow	-105.96	-159.67	-53.47	104.99	-18.31
Capital Expenditures	-5.32	-5.33	-5.48	-8.41	-11.73
Sale of Property, Plant & Equipment	0.85	2.32	0.96	1.17	1.78
Divestitures	-	9.5	-	-	1.95
Investment in Securities	-	-	-	0.66	1.11
Other Investing Activities	1.18	2.17	2.4	0.45	0.11
Investing Cash Flow	-3.29	8.66	-2.12	-6.13	-6.79
Short-Term Debt Issued	460	320	390	250	390
Total Debt Issued	460	320	390	250	390
Short-Term Debt Repaid	-290	-260	-200	-282.12	-508.3
Long-Term Debt Repaid	-18.59	-17.63	-13.82	-15.19	-27.34
Total Debt Repaid	-308.59	-277.63	-213.82	-297.31	-535.63
Net Debt Issued (Repaid)	151.41	42.37	176.18	-47.31	-145.63
Common Dividends Paid	-16	-28	-26	-22	-40
Other Financing Activities	-18.99	-17.13	-8.28	-3.68	-2.41
Financing Cash Flow	116.42	-2.75	141.9	-72.99	-188.04
Foreign Exchange Rate Adjustments	0.21	-0.23	0.09	-0.14	0.14
Net Cash Flow	7.38	-153.99	86.4	25.73	-212.99
Free Cash Flow	-111.28	-165	-58.95	96.58	-30.04
Free Cash Flow Margin	-2.40%	-3.58%	-1.53%	2.63%	-0.83%
Free Cash Flow Per Share	-0.28	-0.41	-0.15	0.24	-0.07
Cash Interest Paid	18.99	16.73	8.28	3.18	2.41
Cash Income Tax Paid	0.44	-0.29	1.61	-3.1	0.5
Levered Free Cash Flow	-134.98	-188.57	-76.73	59.55	-35.84
Unlevered Free Cash Flow	-123.11	-178.12	-71.84	60.89	-34.39
Change in Working Capital	-165.93	-217.08	-111.74	27.92	-83.6

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