Kin Pang Holdings Cash Flow Statement

Financials in millions MOP. Fiscal year is January - December.

Millions MOP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-6.02	-17.69	-34.12	-11.64	-20.78	12.89
Depreciation & Amortization	31.33	26.35	21.49	17.45	12.75	9.73
Loss (Gain) From Sale of Assets	0.05	0.05	0.04	0.12	-	-
Loss (Gain) on Equity Investments	-	-	0.03	0.03	-	-
Provision & Write-off of Bad Debts	-1.09	-1.09	5.78	0.9	1.46	5.14
Other Operating Activities	14.24	-1.15	9.55	6.7	-1.84	0.95
Change in Accounts Receivable	47.32	47.32	65.84	46.15	-57.5	-93.08
Change in Accounts Payable	-17.8	-17.8	0.87	-46.53	25.16	93.58
Change in Unearned Revenue	1.36	1.36	-12.64	9.58	3.05	-
Change in Other Net Operating Assets	-20.16	-20.16	16.81	26.68	-36.44	-6.76
Operating Cash Flow	49.24	17.2	73.66	49.44	-74.14	22.44
Operating Cash Flow Growth	-29.04%	-76.65%	48.99%	-	-	-
Capital Expenditures	-65.25	-57.38	-39.86	-15.73	-36.75	-16.47
Sale of Property, Plant & Equipment	0.69	0.32	0.01	-	-	-
Divestitures	-	-0.01	-	-	-	-
Investment in Securities	-	-	-0.03	2.98	-	-
Other Investing Activities	14.18	23.2	18.25	-17.83	-6.18	-15.23
Investing Cash Flow	-50.37	-33.87	-21.62	-30.59	-42.93	-31.69
Long-Term Debt Issued	-	275.84	540.83	853.8	511.87	17.8
Total Debt Issued	320.09	275.84	540.83	853.8	511.87	17.8
Long-Term Debt Repaid	-	-245.45	-597.97	-858.9	-412.05	-7.22
Total Debt Repaid	-314.61	-245.45	-597.97	-858.9	-412.05	-7.22
Net Debt Issued (Repaid)	5.48	30.39	-57.15	-5.1	99.82	10.58
Issuance of Common Stock	-	-	11.33	-	-	-
Other Financing Activities	-4.3	-3.97	-6.18	-5.16	-2.53	-1.28
Financing Cash Flow	1.19	26.42	-52	-10.26	97.29	9.3
Net Cash Flow	0.05	9.75	0.04	8.59	-19.78	0.04
Free Cash Flow	-16.01	-40.19	33.8	33.7	-110.89	5.97
Free Cash Flow Growth	-	-	0.28%	-	-	-
Free Cash Flow Margin	-2.33%	-5.95%	5.80%	5.63%	-11.56%	0.86%
Free Cash Flow Per Share	-0.01	-0.04	0.03	0.03	-0.11	0.01
Cash Interest Paid	4.3	3.97	6.18	5.16	2.53	1.28
Cash Income Tax Paid	0.04	0.04	1.67	-	3.26	2.97
Levered Free Cash Flow	-16.23	-17.33	57.45	15.19	-111.72	-13.49
Unlevered Free Cash Flow	-13.54	-14.85	61.32	18.42	-110.14	-12.69
Change in Working Capital	10.72	10.72	70.89	35.89	-65.72	-6.26

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