HKG:1525 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	223.62	283.37	224.93	179.01
Depreciation & Amortization	117.28	95.47	70.98	66.19
Other Amortization	1.7	0.83	0.49	0.57
Loss (Gain) From Sale of Assets	-0.21	-0.1	-0.12	0
Loss (Gain) From Sale of Investments	-1.17	-1.05	-0.7	1.17
Provision & Write-off of Bad Debts	2.28	2.29	0.21	0.02
Other Operating Activities	-20.74	36.02	30.15	91.37
Change in Accounts Receivable	-4.44	-2.67	-4.05	-1.86
Change in Inventory	-	0.11	-0.11	-
Change in Accounts Payable	-13.05	16.91	35.36	31.64
Change in Unearned Revenue	1.7	36.79	79.32	47.84
Change in Other Net Operating Assets	1.97	-0.21	-1.19	-3.71
Operating Cash Flow	308.95	467.75	435.26	412.24
Operating Cash Flow Growth	-33.95%	7.46%	5.58%	99.67%
Capital Expenditures	-187.83	-253.07	-163.36	-139.22
Sale of Property, Plant & Equipment	0.41	112.68	0.13	-
Sale (Purchase) of Intangibles	-4.64	-2.15	-0.21	-0.5
Investment in Securities	-285.48	-336.09	-	166.83
Other Investing Activities	1.16	14.44	-10.98	14.62
Investing Cash Flow	-476.39	-464.19	-174.42	32.31
Long-Term Debt Issued	143.5	41.52	32.12	995.28
Total Debt Issued	143.5	41.52	32.12	995.28
Long-Term Debt Repaid	-74.27	-56.83	-42	-1,336
Total Debt Repaid	-74.27	-56.83	-42	-1,336
Net Debt Issued (Repaid)	69.24	-15.3	-9.88	-340.32
Repurchase of Common Stock	-2.56	-1.85	-33.55	-46.54
Common Dividends Paid	-72.14	-72.23	-70.18	-61.67
Other Financing Activities	-31.19	-25.1	-28.22	-48.85
Financing Cash Flow	-36.65	-114.49	-141.83	-497.38
Foreign Exchange Rate Adjustments	-1.62	-0.49	9.78	-4.73
Net Cash Flow	-205.71	-111.41	128.79	-57.56
Free Cash Flow	121.12	214.68	271.9	273.02
Free Cash Flow Growth	-43.58%	-21.04%	-0.41%	-
Free Cash Flow Margin	12.49%	23.09%	34.41%	39.94%
Free Cash Flow Per Share	0.31	0.54	0.68	0.66
Cash Interest Paid	31.19	25.1	28.22	48.85
Cash Income Tax Paid	109.15	83.4	66.46	4.64
Levered Free Cash Flow	42.26	297.5	75.75	210.59
Unlevered Free Cash Flow	59.21	313.01	91.42	239.3
Change in Working Capital	-13.82	50.92	109.33	73.91

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