HKG:1940 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	130.05	128.08	112.74	-26.82
Depreciation & Amortization	121.68	132.32	126.1	116.38
Other Amortization	-	-	0.27	0.61
Loss (Gain) From Sale of Assets	-9.85	-	-	0.36
Asset Writedown & Restructuring Costs	37.89	19.31	7.54	-
Provision & Write-off of Bad Debts	3.08	15.36	8.14	-
Other Operating Activities	6.42	-7.02	-10.83	9.51
Change in Accounts Receivable	7.47	-128.22	-147.96	-149.28
Change in Inventory	0.73	1.93	-1.49	0.04
Change in Accounts Payable	-103.27	-55.46	83.51	-44.66
Change in Unearned Revenue	9.4	-2.63	-0.49	3.03
Change in Other Net Operating Assets	-11.11	-51.41	24.96	72.78
Operating Cash Flow	176.61	1.41	197.11	71.75
Operating Cash Flow Growth	12447.53%	-99.29%	174.70%	-64.08%
Capital Expenditures	-152.35	-69.38	-114.56	-71.28
Sale of Property, Plant & Equipment	34.45	-	-	0.14
Investing Cash Flow	-117.9	-69.38	-114.56	-137.54
Long-Term Debt Issued	210	360	480.83	383.18
Long-Term Debt Repaid	-287.97	-400.01	-510.71	-376.74
Net Debt Issued (Repaid)	-77.97	-40.01	-29.87	6.44
Common Dividends Paid	-	-50	-	-148.77
Financing Cash Flow	-77.97	-90.01	-29.87	-142.33
Foreign Exchange Rate Adjustments	0.53	-0.14	10.52	-6.16
Net Cash Flow	-18.73	-158.12	63.19	-214.28
Free Cash Flow	24.26	-67.97	82.54	0.47
Free Cash Flow Growth	-	-	17470.74%	-
Free Cash Flow Margin	1.85%	-4.56%	5.57%	0.04%
Free Cash Flow Per Share	0.02	-0.06	0.07	-
Cash Interest Paid	21.7	29.13	30	31.63
Cash Income Tax Paid	19.65	23.75	36.29	27.53
Levered Free Cash Flow	-0.4	-31.49	111.45	-120.98
Unlevered Free Cash Flow	12.44	-15.46	128.61	-102.33
Change in Working Capital	-112.65	-286.65	-46.84	-94.7

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