TIL Enviro 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	50.15	66.17	73.26	68.13	115.27
Depreciation & Amortization	1.52	1.57	4.91	5.34	5.47
Other Amortization	0	0	0	0.01	0.01
Loss (Gain) From Sale of Assets	-	-	-	-	-0.14
Asset Writedown & Restructuring Costs	-	-	61.22	-	-
Provision & Write-off of Bad Debts	13.38	-	-	-	-
Other Operating Activities	11.73	22.41	32.99	7.2	34.02
Change in Accounts Receivable	-140.56	27.63	6.91	73.28	-106.08
Change in Inventory	0.06	0.41	0.09	-0.5	-0.35
Change in Accounts Payable	-2.51	-10.32	-16.49	-58.06	-125.46
Change in Other Net Operating Assets	74.08	39.77	-54.23	5.23	71.82
Operating Cash Flow	7.85	147.63	108.67	100.6	-5.43
Operating Cash Flow Growth	-94.68%	35.86%	8.02%	-	-
Capital Expenditures	-0.45	-2.78	-0.5	-0.08	-0.48
Sale of Property, Plant & Equipment	-	-	0.11	-	-
Other Investing Activities	1.05	1.37	1.87	2.29	1.02
Investing Cash Flow	0.6	-1.41	1.49	2.2	0.54
Short-Term Debt Issued	6.1	-	-	-	-
Long-Term Debt Issued	17.9	18.41	19.15	47.26	78.03
Total Debt Issued	24	18.41	19.15	47.26	78.03
Long-Term Debt Repaid	-101.65	-86.93	-85.27	-60.75	-52.86
Net Debt Issued (Repaid)	-77.65	-68.52	-66.12	-13.48	25.18
Common Dividends Paid	-	-	-	-50	-
Other Financing Activities	-22.42	-28.09	-32.87	-39.13	-41.56
Financing Cash Flow	-100.07	-96.61	-98.99	-102.61	-16.39
Foreign Exchange Rate Adjustments	2.73	-6.04	-3.1	-6.26	1.93
Net Cash Flow	-88.89	43.59	8.06	-6.06	-19.35
Free Cash Flow	7.4	144.86	108.17	100.52	-5.91
Free Cash Flow Growth	-94.89%	33.92%	7.61%	-	-
Free Cash Flow Margin	3.22%	62.83%	59.98%	47.12%	-2.38%
Free Cash Flow Per Share	0.01	0.14	0.11	0.10	-0.01
Cash Interest Paid	22.42	28.09	32.87	39.13	41.56
Cash Income Tax Paid	15.12	20.64	16.05	49.06	16.58
Levered Free Cash Flow	62.77	79.34	345.16	-313.16	-106.75
Unlevered Free Cash Flow	76.82	96.89	365.71	-288.7	-80.78
Change in Working Capital	-68.93	57.49	-63.72	19.94	-160.06

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