Fantasia Holdings Group 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	-8,312	-6,488	-6,071	-10,466
Depreciation & Amortization	125.32	162.5	176.42	414.28
Loss (Gain) From Sale of Assets	172.98	89.85	334.25	133.24
Asset Writedown & Restructuring Costs	3,309	2,389	851.31	7,982
Loss (Gain) From Sale of Investments	-	-	-	-97.47
Loss (Gain) on Equity Investments	340.52	-118.32	-43.61	191.12
Stock-Based Compensation	-	-	-	2.66
Provision & Write-off of Bad Debts	484.58	232.77	194.07	1,242
Other Operating Activities	3,909	5,435	4,858	-3,520
Change in Accounts Receivable	322.02	3,138	-3,779	-7,572
Change in Inventory	-2,324	5,550	3,206	-6,300
Change in Accounts Payable	2,818	1,948	2,195	4,561
Change in Unearned Revenue	-1,211	-13,173	-2,870	3,652
Change in Other Net Operating Assets	1.14	169.4	171.03	-37.74
Operating Cash Flow	-363.88	-666.1	-776.79	-9,814
Capital Expenditures	-49.77	-97.95	-69.1	-358.46
Sale of Property, Plant & Equipment	0.25	39.28	6.5	363.99
Cash Acquisitions	18.17	-21.87	-70.41	-3,978
Divestitures	14.09	-38.11	1,084	-2,537
Sale (Purchase) of Real Estate	-27.41	69.4	-382.35	1,007
Investment in Securities	-0.1	3.47	120.04	-4,112
Other Investing Activities	328.21	999.33	1,701	-1,488
Investing Cash Flow	283.42	945.05	2,340	-11,009
Short-Term Debt Issued	-	5.94	1,893	1,882
Long-Term Debt Issued	263.46	287.56	350	14,796
Total Debt Issued	263.46	293.5	2,243	16,678
Short-Term Debt Repaid	-103.3	-109	-1,966	-2,244
Long-Term Debt Repaid	-171.81	-324.87	-2,365	-14,191
Total Debt Repaid	-275.11	-433.86	-4,330	-16,435
Net Debt Issued (Repaid)	-11.65	-140.37	-2,087	243.32
Issuance of Common Stock	-	-	-	1.67
Common Dividends Paid	-	-	-	-342.32
Other Financing Activities	-17.17	-16.04	641.44	-2,949
Financing Cash Flow	-28.82	-156.41	-1,446	-3,046
Foreign Exchange Rate Adjustments	0.66	-22.21	74.07	-81.12
Net Cash Flow	-108.61	100.33	191.28	-23,950
Free Cash Flow	-413.66	-764.05	-845.89	-10,172
Free Cash Flow Margin	-9.04%	-4.82%	-8.67%	-64.59%
Free Cash Flow Per Share	-0.07	-0.13	-0.15	-1.76
Cash Interest Paid	10.99	30.13	300.42	3,502
Cash Income Tax Paid	219.43	115.48	207.22	1,192
Levered Free Cash Flow	-238.01	-2,664	2,446	-29,304
Unlevered Free Cash Flow	2,381	-868.62	3,846	-27,510
Change in Working Capital	-393.45	-2,369	-1,076	-5,696

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