HKG:1798 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	2,378	2,753	3,485	2,032
Depreciation & Amortization	5,568	5,286	4,993	4,442
Other Amortization	19.72	9.92	6.31	8.27
Loss (Gain) on Sale of Assets	32.16	-4.22	8.7	51.07
Loss (Gain) on Sale of Investments	-	15	-	46.66
Loss (Gain) on Equity Investments	-18.81	-8.62	-47.14	9.39
Asset Writedown	54.1	116.58	82.68	338.52
Change in Accounts Receivable	-3,861	-3,324	2,198	-4,491
Change in Inventory	2.95	12.01	8.51	90.23
Change in Accounts Payable	27.19	-81.53	-94.53	106.74
Change in Other Net Operating Assets	119.53	324.36	330.41	758.62
Other Operating Activities	1,949	1,941	2,392	2,347
Operating Cash Flow	6,287	7,140	13,231	6,002
Operating Cash Flow Growth	-11.95%	-46.04%	120.45%	9.32%
Capital Expenditures	-13,678	-6,515	-6,975	-8,212
Sale of Property, Plant & Equipment	14.81	1.32	4.47	20.59
Divestitures	-15.43	-	-	-
Investment in Securities	-17.07	-57.08	121.28	-5.99
Other Investing Activities	26.86	51.78	-	0.04
Investing Cash Flow	-13,669	-6,519	-6,849	-8,197
Long-Term Debt Issued	34,858	21,868	31,447	38,733
Total Debt Issued	34,858	21,868	31,447	38,733
Long-Term Debt Repaid	-25,872	-19,128	-36,117	-35,761
Total Debt Repaid	-25,872	-19,128	-36,117	-35,761
Net Debt Issued (Repaid)	8,987	2,740	-4,670	2,972
Issuance of Common Stock	3,000	10,000	1,000	4,000
Repurchase of Common Stock	-3,000	-10,000	-1,000	-2,000
Common Dividends Paid	-1,200	-900.69	-755.21	-687.11
Other Financing Activities	-1,515	-1,845	-1,641	-2,022
Financing Cash Flow	6,271	-5.61	-7,067	2,263
Foreign Exchange Rate Adjustments	0.39	-0.3	5.22	-0.02
Net Cash Flow	-1,111	614.72	-678.97	67.24
Free Cash Flow	-7,391	624.61	6,257	-2,210
Free Cash Flow Growth	-	-90.02%	-	-
Free Cash Flow Margin	-58.77%	4.88%	50.06%	-18.62%
Free Cash Flow Per Share	-1.02	0.09	0.86	-0.30
Cash Interest Paid	1,866	1,776	1,561	2,021
Cash Income Tax Paid	546.06	596.17	452.47	416.39
Levered Free Cash Flow	-8,409	-2,264	907.22	-3,360
Unlevered Free Cash Flow	-7,403	-1,197	2,100	-2,035
Change in Working Capital	-3,711	-3,069	2,442	-3,536

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