Nissin Foods Company 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	331.42	200.99	330.17	312.76	303.82
Depreciation & Amortization	31.44	41.45	47.63	45.91	50.57
Loss (Gain) From Sale of Assets	1.76	3.54	2.97	0.62	17.16
Asset Writedown & Restructuring Costs	-	135.87	8.78	10.3	-
Loss (Gain) From Sale of Investments	0.42	-2.95	-4.12	2.84	0.62
Stock-Based Compensation	2.57	1.99	1.68	1.7	1.43
Provision & Write-off of Bad Debts	0.1	0.72	1.45	0.72	-0.26
Other Operating Activities	1.81	-43.47	-24.18	14.83	-8.03
Change in Accounts Receivable	29.63	-41.23	59.16	31.85	40.31
Change in Inventory	185.42	100.19	154.53	131.82	38.02
Change in Accounts Payable	4.63	20.62	-33.41	-78.31	32.29
Change in Other Net Operating Assets	-53.5	10.04	31.82	-21.45	-25.4
Operating Cash Flow	535.71	427.76	576.5	453.59	450.52
Operating Cash Flow Growth	25.24%	-25.80%	27.10%	0.68%	-10.19%
Capital Expenditures	-144.01	-112.09	-254.13	-246.15	-262.94
Sale of Property, Plant & Equipment	12.98	13.62	1.5	6.33	1.71
Cash Acquisitions	-	-428.52	-	-	-48.89
Divestitures	4.72	-	-	-	-
Investment in Securities	175.4	168.72	-167.45	36.14	357.42
Other Investing Activities	-12.22	27.68	33.21	21.68	12.33
Investing Cash Flow	36.87	-330.32	-386.32	-181.46	60.17
Long-Term Debt Repaid	-7.97	-5.79	-7.81	-8.12	-11.49
Net Debt Issued (Repaid)	-7.97	-5.79	-7.81	-8.12	-11.49
Repurchase of Common Stock	-1.8	-2.58	-1.79	-27.65	-157.85
Common Dividends Paid	-165.11	-165.11	-158.22	-151.96	-150.14
Other Financing Activities	-10.57	-0.4	-74.71	-491.44	-40.17
Financing Cash Flow	-185.45	-173.88	-242.53	-709.55	-359.65
Foreign Exchange Rate Adjustments	15.53	-12.53	-6.16	-105.39	32.67
Net Cash Flow	402.66	-88.96	-58.52	-542.81	183.71
Free Cash Flow	391.7	315.67	322.37	207.43	187.58
Free Cash Flow Growth	24.09%	-2.08%	55.41%	10.59%	-20.42%
Free Cash Flow Margin	9.79%	8.28%	8.41%	5.10%	4.85%
Free Cash Flow Per Share	0.38	0.30	0.31	0.20	0.18
Cash Interest Paid	0.26	0.4	0.27	0.26	0.37
Cash Income Tax Paid	112.62	115.91	121.97	114.84	128.45
Levered Free Cash Flow	203.72	144.91	125.97	-16.92	-29.98
Unlevered Free Cash Flow	203.88	145.16	126.14	-16.76	-29.75
Change in Working Capital	166.18	89.61	212.11	63.91	85.21

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