LH Group Cash Flow Statement

Financials in millions HKD. Fiscal year is January - December.

Millions HKD. 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	-32.06	88.07	77.71	90.08
Depreciation & Amortization	148.13	154.59	147.13	130.72
Loss (Gain) From Sale of Assets	-0.08	-0.18	-	-0.01
Asset Writedown & Restructuring Costs	36.87	12.03	11.3	3.82
Other Operating Activities	-19.81	9.39	-12.29	-3.62
Change in Accounts Receivable	3.83	-1.64	-2.18	-1.4
Change in Inventory	0.56	17.53	12.21	-17.31
Change in Accounts Payable	9.35	-12.83	-18.55	39.2
Change in Unearned Revenue	-2.37	-6.49	7.82	25.56
Change in Other Net Operating Assets	-23.87	-8.44	-15.7	-15.34
Operating Cash Flow	120.56	252.02	207.44	251.71
Operating Cash Flow Growth	-52.16%	21.50%	-17.59%	41.34%
Capital Expenditures	-65.69	-20.05	-36.97	-42.28
Sale of Property, Plant & Equipment	0.15	0.21	-	0.01
Sale (Purchase) of Intangibles	-0.19	-	-	-0.5
Investment in Securities	105.07	40.39	-62.04	76.21
Other Investing Activities	3.67	8.48	2.49	0.76
Investing Cash Flow	43.01	29.03	-96.51	34.21
Long-Term Debt Repaid	-133.94	-129.69	-108.01	-98.64
Total Debt Repaid	-133.94	-129.69	-108.01	-98.64
Net Debt Issued (Repaid)	-133.94	-129.69	-108.01	-98.64
Common Dividends Paid	-32.48	-100.16	-48.4	-124.48
Financing Cash Flow	-166.42	-329.85	-156.41	-223.12
Net Cash Flow	-2.85	-48.81	-45.49	62.8
Free Cash Flow	54.87	231.97	170.47	209.43
Free Cash Flow Growth	-76.35%	36.08%	-18.61%	31.12%
Free Cash Flow Margin	5.18%	18.12%	15.97%	20.87%
Free Cash Flow Per Share	0.07	0.29	0.21	0.26
Cash Income Tax Paid	22.98	9.25	18	6.6
Levered Free Cash Flow	88.47	207.33	125.39	186.95
Unlevered Free Cash Flow	96.7	213.53	129.91	189.92
Change in Working Capital	-12.5	-11.87	-16.4	30.73

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.