LH Group Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-6.16	-32.06	88.07	77.71	90.08	140.33
Depreciation & Amortization	150.76	148.13	154.59	147.13	130.72	123.87
Loss (Gain) From Sale of Assets	-0.08	-0.08	-0.18	-	-0.01	-0.23
Asset Writedown & Restructuring Costs	36.87	36.87	12.03	11.3	3.82	16.45
Other Operating Activities	-58.34	-19.81	9.39	-12.29	-3.62	-82.69
Change in Accounts Receivable	3.83	3.83	-1.64	-2.18	-1.4	1.19
Change in Inventory	0.56	0.56	17.53	12.21	-17.31	-7.9
Change in Accounts Payable	9.35	9.35	-12.83	-18.55	39.2	-7.12
Change in Unearned Revenue	-2.37	-2.37	-6.49	7.82	25.56	-7.64
Change in Other Net Operating Assets	-23.87	-23.87	-8.44	-15.7	-15.34	1.82
Operating Cash Flow	110.56	120.56	252.02	207.44	251.71	178.09
Operating Cash Flow Growth	-30.01%	-52.16%	21.50%	-17.59%	41.34%	-27.30%
Capital Expenditures	-64.72	-65.69	-20.05	-36.97	-42.28	-18.37
Sale of Property, Plant & Equipment	0.15	0.15	0.21	-	0.01	0.23
Sale (Purchase) of Intangibles	-1.01	-0.19	-	-	-0.5	-
Investment in Securities	56.4	105.07	40.39	-62.04	76.21	-27.27
Other Investing Activities	1.74	3.67	8.48	2.49	0.76	2.58
Investing Cash Flow	-7.44	43.01	29.03	-96.51	34.21	-42.83
Long-Term Debt Repaid	-	-133.94	-129.69	-108.01	-98.64	-86.88
Total Debt Repaid	-140.78	-133.94	-129.69	-108.01	-98.64	-86.88
Net Debt Issued (Repaid)	-140.78	-133.94	-129.69	-108.01	-98.64	-86.88
Common Dividends Paid	-	-32.48	-100.16	-48.4	-124.48	-
Other Financing Activities	0.04	-	-	-	-	-
Financing Cash Flow	-140.74	-166.42	-329.85	-156.41	-223.12	-86.88
Net Cash Flow	-37.62	-2.85	-48.81	-45.49	62.8	48.39
Free Cash Flow	45.85	54.87	231.97	170.47	209.43	159.73
Free Cash Flow Growth	-65.59%	-76.35%	36.08%	-18.61%	31.12%	-23.79%
Free Cash Flow Margin	4.26%	5.18%	18.12%	15.97%	20.87%	19.82%
Free Cash Flow Per Share	0.06	0.07	0.29	0.21	0.26	0.20
Cash Income Tax Paid	25.64	22.98	9.25	18	6.6	26.62
Levered Free Cash Flow	43.45	88.47	207.33	125.39	186.95	67.25
Unlevered Free Cash Flow	52.85	96.7	213.53	129.91	189.92	70.43
Change in Working Capital	-12.5	-12.5	-11.87	-16.4	30.73	-19.64

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