BAIC Motor Corporation 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	955.84	3,030	4,197	3,858
Depreciation & Amortization	6,194	6,456	6,586	6,352
Other Amortization	2,509	2,374	2,370	3,119
Loss (Gain) From Sale of Assets	168.82	56.88	72.99	24.24
Asset Writedown & Restructuring Costs	1,296	656.04	1,010	846.11
Loss (Gain) From Sale of Investments	96.83	565.22	426.35	87.49
Loss (Gain) on Equity Investments	1,254	1,600	1,281	1,101
Other Operating Activities	10,059	9,189	11,059	12,462
Change in Accounts Receivable	3,658	-5,696	1,976	2,110
Change in Inventory	-5,356	2,193	-2,651	-1,353
Change in Accounts Payable	3,383	6,028	-9,767	-8,645
Change in Unearned Revenue	3,675	-1,392	1,270	-7,420
Change in Other Net Operating Assets	1,255	-810.45	823.1	362.37
Operating Cash Flow	29,148	24,249	18,654	12,903
Operating Cash Flow Growth	20.21%	29.99%	44.57%	-50.39%
Capital Expenditures	-5,647	-6,102	-4,708	-7,282
Sale of Property, Plant & Equipment	58.83	56.09	56.49	289.78
Divestitures	-	-	-	12.3
Sale (Purchase) of Intangibles	-4,344	-2,716	-1,518	-1,163
Investment in Securities	-2,000	-2,857	-3,033	-343.88
Other Investing Activities	943.81	2,253	1,345	716.76
Investing Cash Flow	-10,988	-9,365	-7,857	-7,771
Long-Term Debt Issued	3,527	7,620	15,426	20,260
Total Debt Issued	3,527	7,620	15,426	20,260
Short-Term Debt Repaid	-42.53	-109.24	-888.72	-
Long-Term Debt Repaid	-8,135	-14,785	-17,758	-18,308
Total Debt Repaid	-8,177	-14,894	-18,647	-18,308
Net Debt Issued (Repaid)	-4,650	-7,274	-3,221	1,952
Repurchase of Common Stock	-	-	-	-2,000
Common Dividends Paid	-1,042	-1,363	-1,282	-753.23
Other Financing Activities	-9,935	-12,645	-10,177	-11,340
Financing Cash Flow	-15,627	-21,281	-14,681	-12,141
Foreign Exchange Rate Adjustments	-58.94	294.57	141.97	-169.08
Net Cash Flow	2,474	-6,103	-3,742	-7,178
Free Cash Flow	23,501	18,147	13,946	5,620
Free Cash Flow Growth	29.51%	30.12%	148.14%	-65.37%
Free Cash Flow Margin	12.21%	9.17%	7.32%	3.19%
Free Cash Flow Per Share	2.93	2.26	1.74	0.70
Cash Interest Paid	216.95	338.66	520.13	741.43
Cash Income Tax Paid	4,782	8,157	8,817	5,913
Levered Free Cash Flow	19,622	11,683	9,217	140.49
Unlevered Free Cash Flow	19,751	11,889	9,528	581.09
Change in Working Capital	6,615	322.02	-8,348	-14,946

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.