Vincent Medical 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	104.38	69.17	57.28	-17.4	60.7
Depreciation & Amortization	34.8	36.14	38.33	40.76	38.79
Other Amortization	1.95	0.42	-	0.2	1.28
Loss (Gain) From Sale of Assets	-	-	-0.45	-0.62	2.26
Asset Writedown & Restructuring Costs	6.56	1.07	0.08	1.01	0.92
Loss (Gain) From Sale of Investments	-	1.15	1.66	3.82	10.73
Loss (Gain) on Equity Investments	-0.84	0.33	-2.82	1.66	5.88
Stock-Based Compensation	0.4	0.94	1.88	2.94	1.07
Provision & Write-off of Bad Debts	-0.71	2.61	1.09	-	3.29
Other Operating Activities	15.86	6.03	7.59	35.91	12.94
Change in Accounts Receivable	-28.6	-16.83	-13.01	8.01	-6.38
Change in Inventory	0.27	-3.71	-8.04	14.04	6.31
Change in Accounts Payable	18.24	-17.43	17.34	-22.78	-21.1
Change in Other Net Operating Assets	14.8	-6.42	24.05	8.21	2.38
Operating Cash Flow	167.12	73.48	124.98	75.76	119.05
Operating Cash Flow Growth	127.42%	-41.20%	64.95%	-36.36%	-42.79%
Capital Expenditures	-113.63	-94.47	-31.64	-18.6	-24.96
Sale of Property, Plant & Equipment	-	-	0.64	-	0.02
Divestitures	-	-	-	-	11.78
Sale (Purchase) of Intangibles	-5.99	-5.54	-	-	-
Investment in Securities	-	-0	-0.01	-0.01	-7.75
Other Investing Activities	1.16	1.2	-31.36	0.51	0.38
Investing Cash Flow	-118.46	-98.81	-62.37	-18.1	-20.52
Long-Term Debt Issued	111.42	90.35	21.06	26.5	42.46
Long-Term Debt Repaid	-62.03	-45.32	-55.04	-59.21	-61.4
Net Debt Issued (Repaid)	49.39	45.03	-33.97	-32.71	-18.94
Issuance of Common Stock	4.57	-	-	0.21	4.65
Repurchase of Common Stock	-	-	-3.27	-2.65	-1.62
Common Dividends Paid	-26.45	-19.94	-8.04	-16.35	-85.25
Other Financing Activities	-0.17	1.3	-0.08	-	0.21
Financing Cash Flow	27.34	26.39	-45.37	-67.84	-100.95
Foreign Exchange Rate Adjustments	1.44	-3.41	-0.8	-3.65	6.52
Net Cash Flow	77.43	-2.34	16.44	-13.83	4.1
Free Cash Flow	53.48	-20.98	93.34	57.16	94.1
Free Cash Flow Growth	-	-	63.28%	-39.25%	-38.21%
Free Cash Flow Margin	5.73%	-2.62%	13.00%	9.09%	12.10%
Free Cash Flow Per Share	0.08	-0.03	0.14	0.09	0.14
Cash Interest Paid	3.36	1.5	1.68	2.85	2.43
Cash Income Tax Paid	16.1	11.89	5.92	3.22	9.45
Levered Free Cash Flow	51.8	-0.77	81.55	86.75	58.07
Unlevered Free Cash Flow	52.36	0.08	82.6	88.54	59.59
Change in Working Capital	4.72	-44.39	20.35	7.49	-18.78

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