Ernest Borel Holdings Cash Flow Statement

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

Millions HKD. 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	-47.94	18.87	-12.07	-31.82
Depreciation & Amortization	26.84	24.17	11.72	14.16
Other Amortization	0.12	0.07	-	-
Loss (Gain) From Sale of Assets	-	-0.03	-0.27	-
Asset Writedown & Restructuring Costs	30.13	14.48	-	-
Loss (Gain) From Sale of Investments	-69.62	-65.19	-	-
Provision & Write-off of Bad Debts	3.47	6.83	-0.25	0.18
Other Operating Activities	19.71	7.91	7.1	-1.15
Change in Accounts Receivable	-11.57	-36.38	-45.42	8.14
Change in Inventory	15.99	13.92	42.37	-0.65
Change in Accounts Payable	5.07	6.19	-4.49	14.64
Change in Other Net Operating Assets	0.55	-0.38	-0.36	-0.36
Operating Cash Flow	-27.27	-9.55	-1.66	3.15
Capital Expenditures	-5.02	-3.31	-2.49	-7.15
Sale of Property, Plant & Equipment	-	0.09	5.74	-
Cash Acquisitions	-	12.19	-	-
Sale (Purchase) of Intangibles	-0.46	-0.14	-	-
Other Investing Activities	5.18	0.12	-6.49	1.41
Investing Cash Flow	-0.29	8.95	-3.24	-5.74
Short-Term Debt Issued	74.1	31.67	20.35	55.55
Long-Term Debt Issued	4.5	25.99	28.35	29.29
Total Debt Issued	78.6	57.66	48.7	84.84
Short-Term Debt Repaid	-21.98	-15.02	-6.5	-43.26
Long-Term Debt Repaid	-22.88	-41	-32	-43.83
Total Debt Repaid	-44.86	-56.03	-38.5	-87.1
Net Debt Issued (Repaid)	33.73	1.63	10.2	-2.25
Other Financing Activities	-1.59	-1.89	-7.17	-4.55
Financing Cash Flow	32.14	-0.26	3.02	-6.8
Foreign Exchange Rate Adjustments	-0.26	0.46	0.57	-1.42
Miscellaneous Cash Flow Adjustments	-	0.04	-	-
Net Cash Flow	4.32	-0.36	-1.31	-10.82
Free Cash Flow	-32.29	-12.85	-4.15	-4.01
Free Cash Flow Margin	-32.52%	-7.79%	-3.02%	-2.69%
Free Cash Flow Per Share	-0.09	-0.04	-0.01	-0.01
Cash Interest Paid	1.59	1.89	7.17	4.55
Cash Income Tax Paid	0.14	0.32	0.17	0.13
Levered Free Cash Flow	-1.46	-8.11	-2.17	-6.1
Unlevered Free Cash Flow	4.77	-2.3	4.89	2.35
Change in Working Capital	10.04	-16.65	-7.9	21.78

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