HKG:1853 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	99.9	120.96	114.67	122.76
Depreciation & Amortization	136.16	134.22	137.96	138.93
Other Amortization	1.23	0.46	0.85	4.72
Loss (Gain) on Sale of Assets	-0.09	-	-0.01	-5.95
Loss (Gain) on Sale of Investments	-	-	-	-0.52
Asset Writedown	10.18	0.51	17.1	22.56
Change in Accounts Receivable	-250.67	40.1	53.64	20.89
Change in Inventory	-3.98	0.77	22.9	-16.96
Change in Accounts Payable	47.7	94.48	-74.46	-181.3
Other Operating Activities	22.72	23.72	9.94	10.45
Operating Cash Flow	36.02	399.34	246.15	124
Operating Cash Flow Growth	-90.98%	62.23%	98.51%	-70.18%
Capital Expenditures	-124.45	-29.16	-50.43	-78.14
Sale of Property, Plant & Equipment	0.04	-	-	-
Sale (Purchase) of Intangibles	-	-	-	7.15
Investment in Securities	-138	-	-	-68.38
Other Investing Activities	-	-	-	0.23
Investing Cash Flow	-262.41	-29.16	-50.43	-139.14
Short-Term Debt Issued	615.55	70.28	648.99	-
Long-Term Debt Issued	-	-	-	336.87
Total Debt Issued	615.55	70.28	648.99	336.87
Short-Term Debt Repaid	-	-304.28	-414.99	-
Long-Term Debt Repaid	-1.54	-1.54	-0.77	-389.81
Total Debt Repaid	-1.54	-305.82	-415.76	-389.81
Net Debt Issued (Repaid)	614.01	-235.54	233.23	-52.94
Common Dividends Paid	-49.23	-53.83	-63.08	-
Other Financing Activities	-0.28	-	-	-
Financing Cash Flow	564.5	-289.37	170.16	-52.94
Foreign Exchange Rate Adjustments	0.02	-	0.05	-0.02
Net Cash Flow	338.13	80.81	365.93	-68.1
Free Cash Flow	-88.43	370.18	195.72	45.86
Free Cash Flow Growth	-	89.14%	326.80%	-86.86%
Free Cash Flow Margin	-4.90%	21.85%	11.83%	2.78%
Free Cash Flow Per Share	-0.19	0.79	0.43	0.10
Cash Income Tax Paid	76.05	101.84	78.16	130.07
Levered Free Cash Flow	-237.92	369.16	189.74	-71.39
Unlevered Free Cash Flow	-232.13	376.74	195.95	-64.86
Change in Working Capital	-223.46	127.64	-1.41	-199.01

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