Wharf Real Estate Investment Company Limited (HKG: 1997)

Wharf Real Estate Investment Company Cash Flow Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	1,909	4,766	-8,856	4,391	-7,854	3,928
Depreciation & Amortization	241	246	280	330	294	290
Stock-Based Compensation	5	5	-	-	-	-
Change in Accounts Receivable	64	64	-301	664	-710	60
Change in Accounts Payable	-540	-540	-761	-805	-187	288
Change in Other Net Operating Assets	-303	-324	683	-193	-79	40
Other Operating Activities	4,558	1,630	15,385	2,435	13,228	6,733
Operating Cash Flow	5,952	5,865	6,688	7,968	4,824	12,023
Operating Cash Flow Growth	-5.52%	-12.31%	-16.06%	65.17%	-59.88%	26.58%
Acquisition of Real Estate Assets	-141	-125	-204	-393	-362	-6,505
Sale of Real Estate Assets	-	-	-	1	-	-
Net Sale / Acq. of Real Estate Assets	-141	-125	-204	-392	-362	-6,505
Investment in Marketable & Equity Securities	7,293	7,293	-1,954	591	-7,770	-1,560
Other Investing Activities	-4,758	-	-	-	-	-
Investing Cash Flow	2,394	7,168	-2,158	199	-8,132	-8,065
Long-Term Debt Issued	-	10,637	19,586	25,967	20,649	15,610
Long-Term Debt Repaid	-	-20,002	-20,361	-30,285	-12,825	-12,458
Net Debt Issued (Repaid)	-9,365	-9,365	-775	-4,318	7,824	3,152
Common Dividends Paid	-3,886	-3,886	-4,068	-4,129	-5,192	-6,528
Other Financing Activities	4,888	-	-59	-210	-44	-301
Foreign Exchange Rate Adjustments	12	2	-88	30	73	-49
Net Cash Flow	-5	-216	-460	-460	-647	232
Cash Interest Paid	2,280	2,280	1,097	784	954	1,048
Cash Income Tax Paid	1,366	1,346	1,197	1,380	3,692	1,002
Levered Free Cash Flow	4,208	5,306	4,039	6,690	928.88	9,742
Unlevered Free Cash Flow	5,452	6,618	5,149	7,104	1,755	10,333
Change in Net Working Capital	1,031	-121	657	-1,109	4,772	-2,099

Source: S&P Capital IQ. Real Estate template. Financial Sources.