HKG:1881 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	-171.9	-204.4	265.74	929.9	577.09
Depreciation & Amortization	9.21	8.01	7.73	7.94	7.71
Other Amortization	27.96	27.99	26.4	24.71	21.82
Asset Writedown	188.54	128.81	-366.92	-754.69	-309.28
Change in Accounts Receivable	-0.62	6.18	-5.63	-0.64	-0.1
Change in Accounts Payable	12.85	4.7	-29.79	37.92	-28.7
Change in Other Net Operating Assets	-26.3	-4.91	170.52	33.32	-3
Other Operating Activities	25.33	-17.29	-20.66	17.55	38.69
Operating Cash Flow	65.14	-50.89	46.75	296.67	304.3
Operating Cash Flow Growth	-	-	-84.24%	-2.51%	-36.35%
Acquisition of Real Estate Assets	-29.93	-48.28	-36.47	-45.43	-10.77
Net Sale / Acq. of Real Estate Assets	-29.93	-48.28	-36.47	-45.43	-10.77
Investment in Marketable & Equity Securities	-	-	-	10	1.33
Other Investing Activities	15.87	15.6	8.88	-7.49	-3.46
Investing Cash Flow	-9.79	-26.21	-21.24	-36.1	-2.77
Long-Term Debt Issued	675.8	470.88	2,524	3,361	4,824
Long-Term Debt Repaid	-742.77	-491.67	-2,397	-3,207	-4,912
Net Debt Issued (Repaid)	-66.97	-20.79	126.47	153.93	-88.63
Common Dividends Paid	-	-	-32.57	-299.68	-394.15
Other Financing Activities	14.48	55.76	-214.87	-17.63	-7.28
Net Cash Flow	2.86	-42.14	-95.46	97.18	-188.53
Cash Interest Paid	485.95	630.4	572.38	244.51	125.66
Cash Income Tax Paid	24.69	13.66	15.8	35.95	24.44
Levered Free Cash Flow	119.15	70.71	-105.5	209.26	208.09
Unlevered Free Cash Flow	401.39	454.25	251.07	362.73	278.99
Change in Working Capital	-14	5.99	134.48	71.26	-31.73