HKG:1883 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	920	910	1,231	1,191	1,076
Depreciation & Amortization	683	727	869	913	896
Other Amortization	-	-	1	1	1
Loss (Gain) From Sale of Assets	1	2	2	1	3
Asset Writedown & Restructuring Costs	10	7	-14	-9	-28
Loss (Gain) on Equity Investments	-	-1	-1	-	-1
Other Operating Activities	158	107	151	351	259
Change in Accounts Receivable	335	-94	-49	-59	30
Change in Inventory	277	-318	75	-29	-42
Change in Accounts Payable	95	-48	-382	371	224
Change in Unearned Revenue	-220	262	-	-1	7
Change in Other Net Operating Assets	7	6	-2	-7	-31
Operating Cash Flow	2,266	1,560	1,881	2,723	2,394
Operating Cash Flow Growth	45.26%	-17.07%	-30.92%	13.74%	-5.82%
Capital Expenditures	-366	-404	-311	-323	-532
Sale of Property, Plant & Equipment	1	1	-	-	-
Investment in Securities	26	44	79	-364	-361
Other Investing Activities	37	60	75	20	14
Investing Cash Flow	-302	-299	-157	-667	-879
Long-Term Debt Issued	5,649	341	-	353	1,684
Long-Term Debt Repaid	-6,346	-467	-751	-1,440	-2,264
Net Debt Issued (Repaid)	-697	-126	-751	-1,087	-580
Issuance of Common Stock	-	2	29	13	46
Common Dividends Paid	-696	-936	-906	-848	-791
Other Financing Activities	-229	-262	-271	-275	-273
Financing Cash Flow	-1,622	-1,322	-1,899	-2,197	-1,598
Foreign Exchange Rate Adjustments	14	-10	-2	-30	-1
Net Cash Flow	356	-71	-177	-171	-84
Free Cash Flow	1,900	1,156	1,570	2,400	1,862
Free Cash Flow Growth	64.36%	-26.37%	-34.58%	28.89%	6.16%
Free Cash Flow Margin	19.86%	12.08%	15.72%	23.74%	19.63%
Free Cash Flow Per Share	0.51	0.31	0.42	0.65	0.51
Cash Interest Paid	15	15	16	18	20
Cash Income Tax Paid	168	228	326	212	282
Levered Free Cash Flow	1,514	719.63	982.38	1,939	1,269
Unlevered Free Cash Flow	1,607	874	1,147	2,105	1,431
Change in Working Capital	494	-192	-358	275	188

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