HKG:1582 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	53.72	71.89	72.11	48.56
Depreciation & Amortization	34.35	33.41	34.15	24.99
Other Amortization	0.14	0.08	0.21	-
Loss (Gain) From Sale of Assets	0.59	-0.61	0.08	-
Asset Writedown & Restructuring Costs	8.94	-	-	-
Provision & Write-off of Bad Debts	46	6.75	12.37	4.2
Other Operating Activities	54.95	63.1	1.12	8.38
Change in Accounts Receivable	-678.09	-507.11	-553.93	-245.68
Change in Accounts Payable	384.73	20.95	373.63	128.54
Change in Other Net Operating Assets	345.63	212.85	91.88	-17.23
Operating Cash Flow	250.97	-98.71	31.62	-48.23
Capital Expenditures	-6.95	-8.25	-12.12	-9.08
Sale of Property, Plant & Equipment	0.02	1.07	0.01	-
Cash Acquisitions	-	-	-	-20
Sale (Purchase) of Intangibles	-0.02	-0.07	-0.26	-
Other Investing Activities	1.37	34.85	2.93	0.11
Investing Cash Flow	-5.58	27.6	-9.43	-28.97
Short-Term Debt Issued	60.55	957.14	-	2,028
Long-Term Debt Issued	2,369	1,976	1,280	-
Total Debt Issued	2,429	2,933	1,280	2,028
Short-Term Debt Repaid	-254.72	-702.42	-	-1,955
Long-Term Debt Repaid	-2,269	-1,778	-1,263	-17.71
Total Debt Repaid	-2,524	-2,481	-1,263	-1,973
Net Debt Issued (Repaid)	-94.52	452.76	17.03	54.82
Issuance of Common Stock	-	-	36.76	-
Common Dividends Paid	-16.5	-16.5	-22.2	-26.25
Other Financing Activities	-36.16	-287.47	-5.51	-5.91
Financing Cash Flow	-147.18	148.8	26.07	22.66
Foreign Exchange Rate Adjustments	-3.38	0.13	-6.46	-0.16
Net Cash Flow	94.83	77.82	41.8	-54.7
Free Cash Flow	244.02	-106.95	19.5	-57.32
Free Cash Flow Margin	4.02%	-1.96%	0.30%	-1.17%
Free Cash Flow Per Share	0.49	-0.21	0.04	-0.12
Cash Interest Paid	65.82	52.65	20.26	11.72
Cash Income Tax Paid	11.5	6.28	18.49	9.47
Levered Free Cash Flow	206.53	-38.13	5.02	57.23
Unlevered Free Cash Flow	247.67	-5.22	17.68	64.56
Change in Working Capital	52.27	-273.32	-88.42	-134.37

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.