HKG:2102 Cash Flow Statement

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

Millions HKD. Fiscal year is Aug - Jul.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '25 Jul 31, 2025	Jul '24 Jul 31, 2024	Jul '23 Jul 31, 2023	Jul '22 Jul 31, 2022	Jul '21 Jul 31, 2021
Net Income	28.16	7.09	7.08	45.06	52.58
Depreciation & Amortization	36.07	37.54	42.35	44.56	39.7
Other Amortization	0.07	0.19	-	-	-
Loss (Gain) From Sale of Assets	-0.04	-0.9	-1.94	-0.14	-0.63
Asset Writedown & Restructuring Costs	0.39	0.5	0.39	-0.21	0.26
Provision & Write-off of Bad Debts	-2.74	3.2	3.14	-0.12	-1.09
Other Operating Activities	10.95	0.95	-3.92	8.84	-4.34
Change in Accounts Receivable	25.61	18.25	-9.42	6.55	52.15
Change in Inventory	18.42	-10.46	-30.95	-45.82	-1.71
Change in Accounts Payable	-2.83	-6.1	2.48	1.78	3.36
Change in Unearned Revenue	0.7	7.02	-1.26	-3.31	-6.39
Change in Other Net Operating Assets	-37.86	-10.74	-11.52	-14.1	-17.39
Operating Cash Flow	76.9	46.54	-3.57	43.1	116.5
Operating Cash Flow Growth	65.21%	-	-	-63.00%	38.20%
Capital Expenditures	-2.77	-5.2	-0.52	-6.84	-4.99
Sale of Property, Plant & Equipment	2.53	1.27	2.28	0.19	0.74
Cash Acquisitions	-	-	-	-21.95	-
Other Investing Activities	1.46	0.04	0.02	-	-
Investing Cash Flow	1.22	-3.89	1.77	-28.6	-4.25
Short-Term Debt Issued	-	23.94	27.02	69.45	129.66
Total Debt Issued	-	23.94	27.02	69.45	129.66
Short-Term Debt Repaid	-	-29.41	-50.86	-70.2	-172.4
Long-Term Debt Repaid	-3.54	-4.75	-3.78	-4.76	-4.57
Total Debt Repaid	-3.54	-34.16	-54.64	-74.96	-176.97
Net Debt Issued (Repaid)	-3.54	-10.22	-27.62	-5.51	-47.31
Common Dividends Paid	-30	-5	-10	-30	-25
Financing Cash Flow	-33.54	-15.22	-37.62	-35.51	-72.31
Foreign Exchange Rate Adjustments	0.18	-0.69	-0.8	-0.96	0.01
Net Cash Flow	44.75	26.74	-40.22	-21.97	39.95
Free Cash Flow	74.13	41.34	-4.1	36.26	111.51
Free Cash Flow Growth	79.31%	-	-	-67.48%	41.56%
Free Cash Flow Margin	22.42%	14.80%	-1.51%	9.18%	22.96%
Free Cash Flow Per Share	0.07	0.04	-0.00	0.04	0.11
Cash Interest Paid	0.18	1.08	0.86	0.92	1.87
Cash Income Tax Paid	-2.59	9.39	7.9	-	14.89
Levered Free Cash Flow	91.21	66.54	32.8	49.8	129.32
Unlevered Free Cash Flow	91.32	67.21	33.34	50.37	130.48
Change in Working Capital	4.03	-2.02	-50.67	-54.9	30.03

Source: S&P Global Market Intelligence. Standard template. Financial Sources.