China XLX Fertiliser 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	1,459	1,187	1,326	1,295
Depreciation & Amortization	1,663	1,529	1,423	1,074
Other Amortization	8.24	6.5	4.77	3.31
Loss (Gain) From Sale of Assets	-724.61	0.58	38.07	46.61
Asset Writedown & Restructuring Costs	3.41	4.82	-	5.86
Loss (Gain) From Sale of Investments	19.47	9.09	9.26	14.37
Loss (Gain) on Equity Investments	-1.62	-0.67	-4.68	-1.23
Stock-Based Compensation	67.52	8.3	7.61	11.42
Other Operating Activities	956.98	1,026	1,353	1,203
Change in Accounts Receivable	-16.17	-144.31	-33.92	-278.97
Change in Inventory	-145.23	90.61	-119.61	-625.89
Change in Accounts Payable	25.38	1,132	-482.58	5.11
Change in Other Net Operating Assets	34.07	607.59	862.34	-6.3
Operating Cash Flow	3,350	5,456	4,383	2,747
Operating Cash Flow Growth	-38.60%	24.49%	59.53%	61.22%
Capital Expenditures	-4,854	-3,562	-3,751	-3,789
Sale of Property, Plant & Equipment	11.37	14.61	62.01	127.88
Cash Acquisitions	-154.37	-5.81	-	-
Divestitures	791.91	-	-	-
Sale (Purchase) of Intangibles	-20.65	-32.46	-14.27	-51.8
Investment in Securities	-	-22.93	-7	-
Other Investing Activities	-65.33	2.82	-13.46	-14.54
Investing Cash Flow	-4,291	-3,605	-3,724	-3,727
Long-Term Debt Issued	10,795	9,320	11,155	7,836
Long-Term Debt Repaid	-9,596	-10,279	-10,427	-5,832
Net Debt Issued (Repaid)	1,199	-959.74	728.47	2,005
Issuance of Common Stock	98.43	-	298.41	-
Repurchase of Common Stock	-23.03	-35.72	-	-
Common Dividends Paid	-290.67	-320.75	-243.44	-116.2
Other Financing Activities	-318.11	-841.73	-865.61	-697.06
Financing Cash Flow	665.77	-2,158	-82.18	1,191
Net Cash Flow	-275.33	-307.21	576.65	211.08
Free Cash Flow	-1,504	1,894	631.55	-1,042
Free Cash Flow Growth	-	199.98%	-	-
Free Cash Flow Margin	-6.50%	8.07%	2.74%	-6.14%
Free Cash Flow Per Share	-1.21	1.55	0.52	-0.89
Cash Interest Paid	495.25	650.97	636.74	561.57
Cash Income Tax Paid	454.78	320.19	192.1	265.88
Levered Free Cash Flow	-3,190	689.62	-1,035	-2,394
Unlevered Free Cash Flow	-2,881	1,052	-621.43	-2,030
Change in Working Capital	-101.94	1,686	226.23	-906.05

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