Time Watch Investments Cash Flow Statement

Financials in millions HKD. Fiscal year is July - June.

Millions HKD. Fiscal year is Jul - Jun.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Net Income	-17.54	33.64	37.07	33.02	259.1
Depreciation & Amortization	44.15	54.11	62.53	90.69	86.4
Loss (Gain) From Sale of Assets	4.43	6.63	1.09	10.38	9.87
Asset Writedown & Restructuring Costs	26.55	10.54	4.39	11.06	-17.7
Loss (Gain) From Sale of Investments	-3.27	7.18	0.92	1.58	2.74
Loss (Gain) on Equity Investments	-	-	-0.07	-1.06	-2.4
Provision & Write-off of Bad Debts	-0.73	-0.83	1.46	-1.03	-4.02
Other Operating Activities	-22.14	1.69	-27.02	-40.59	55.31
Change in Accounts Receivable	44.08	31.36	4.41	94.22	-2.15
Change in Inventory	23.13	42.65	54.23	5.01	31.74
Change in Accounts Payable	-7.01	5.64	-22.34	-10.18	19.35
Change in Other Net Operating Assets	0.74	-13.83	-9.06	-17.6	-10.5
Operating Cash Flow	92.4	178.78	107.61	175.5	427.74
Operating Cash Flow Growth	-48.31%	66.14%	-38.69%	-58.97%	34.98%
Capital Expenditures	-30.57	-38.24	-73.82	-89.98	-142.75
Sale of Property, Plant & Equipment	-	-	38.4	15.89	6.34
Cash Acquisitions	-	-	-	-	-84.41
Divestitures	-	-	7.74	-	3.87
Investment in Securities	-44.53	110.73	-15.9	543.1	-663.72
Other Investing Activities	10.46	9.67	22.5	12.84	11.57
Investing Cash Flow	-64.63	82.16	-21.08	481.84	-869.11
Short-Term Debt Issued	16.44	-	-	7.8	-
Total Debt Issued	16.44	-	-	7.8	-
Short-Term Debt Repaid	-	-	-	-40	-
Long-Term Debt Repaid	-5.87	-6.28	-11.18	-18.02	-18.71
Total Debt Repaid	-5.87	-6.28	-11.18	-58.02	-18.71
Net Debt Issued (Repaid)	10.57	-6.28	-11.18	-50.23	-18.71
Repurchase of Common Stock	-	-	-	-9.44	-2.62
Common Dividends Paid	-35.44	-82.65	-110.06	-	-
Other Financing Activities	-0.59	-0.62	-0.84	-1.05	-6.36
Financing Cash Flow	-25.47	-89.55	-122.08	-60.71	-27.69
Foreign Exchange Rate Adjustments	18.22	-4.35	-12.74	-10.99	30.28
Net Cash Flow	20.52	167.03	-48.3	585.64	-438.78
Free Cash Flow	61.84	140.54	33.79	85.53	284.99
Free Cash Flow Growth	-56.00%	315.96%	-60.49%	-69.99%	37.13%
Free Cash Flow Margin	8.97%	15.95%	3.44%	6.07%	14.86%
Free Cash Flow Per Share	0.03	0.07	0.02	0.04	0.14
Cash Interest Paid	0.59	0.62	0.84	0.85	1.03
Cash Income Tax Paid	3.37	10.21	18.56	46.87	50.05
Levered Free Cash Flow	31.66	88.58	58	102.41	121.19
Unlevered Free Cash Flow	32.03	88.97	58.52	102.94	121.84
Change in Working Capital	60.95	65.82	27.24	71.46	38.45

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