HKG:1666 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	521.8	590.19	582.89	507.25
Depreciation & Amortization	289.65	277.15	261.72	249.72
Loss (Gain) From Sale of Assets	0.9	2.87	1.45	1.13
Asset Writedown & Restructuring Costs	-	-	-	0.9
Loss (Gain) on Equity Investments	-21.18	-0.19	-0.81	1.93
Provision & Write-off of Bad Debts	5.47	17.09	-12.81	-4.62
Other Operating Activities	230.08	171.67	450.4	403.35
Change in Accounts Receivable	-287.24	539.98	-316.63	-196.43
Change in Inventory	-433.2	-1,514	-386.47	-218.76
Change in Accounts Payable	-361.49	553.51	-70.48	175.89
Change in Unearned Revenue	19.16	31	20.04	228.27
Change in Other Net Operating Assets	40.22	-148.7	181.06	-54.49
Operating Cash Flow	15.61	554.18	723.77	1,033
Operating Cash Flow Growth	-97.18%	-23.43%	-29.96%	137.13%
Capital Expenditures	-174.16	-103.39	-157.92	-156.41
Sale of Property, Plant & Equipment	0.68	0.81	0.29	0.06
Divestitures	-34.63	-	-	-
Sale (Purchase) of Intangibles	-	-	-6.14	-0.34
Investment in Securities	1,209	-1,048	177.04	-61.15
Other Investing Activities	45.52	82.66	29.74	20.47
Investing Cash Flow	1,047	-1,068	43.01	-197.36
Long-Term Debt Issued	1,196	235.3	1,651	1,430
Long-Term Debt Repaid	-483.38	-328.34	-1,741	-1,530
Net Debt Issued (Repaid)	712.55	-93.04	-90.21	-99.43
Common Dividends Paid	-228.27	-202.91	-204.93	-204.93
Other Financing Activities	-195.93	-201.82	-204.32	-170.32
Financing Cash Flow	288.35	-497.76	-499.45	-474.67
Foreign Exchange Rate Adjustments	32.27	35.9	208.18	-63.18
Net Cash Flow	1,383	-975.21	475.51	298.2
Free Cash Flow	-158.56	450.78	565.85	877.01
Free Cash Flow Growth	-	-20.34%	-35.48%	-
Free Cash Flow Margin	-2.18%	6.65%	9.44%	16.24%
Free Cash Flow Per Share	-0.12	0.35	0.44	0.69
Cash Interest Paid	64.46	49.28	53.8	67.88
Cash Income Tax Paid	196.12	304.02	92.9	183.97
Levered Free Cash Flow	-328.65	243.7	294.62	742.62
Unlevered Free Cash Flow	-288.36	274.5	328.24	781.24
Change in Working Capital	-1,011	-504.59	-559.07	-126.24

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