HKG:2111 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	608.12	346.92	299.2	401.79
Depreciation & Amortization	40.99	382.02	373.52	364.66
Loss (Gain) From Sale of Assets	1.68	1.51	0.43	0.14
Loss (Gain) on Equity Investments	-4.01	-2.49	-2.54	-3.91
Provision & Write-off of Bad Debts	2.92	1.51	-2.67	11.97
Other Operating Activities	105.04	115.46	-2.02	90.37
Change in Accounts Receivable	-147.84	-87.75	174.64	-45.79
Change in Inventory	92.33	110.01	219.55	-533.08
Change in Accounts Payable	50.89	24.33	-55.55	123.58
Change in Unearned Revenue	11.05	-9.57	6.84	1.36
Change in Other Net Operating Assets	-0.6	117.75	-237.84	111.59
Operating Cash Flow	760.56	999.7	773.56	522.67
Operating Cash Flow Growth	-23.92%	29.23%	48.00%	-30.70%
Capital Expenditures	-323.08	-275.39	-366.01	-224.6
Sale of Property, Plant & Equipment	16.42	4.42	9.6	7.25
Cash Acquisitions	-	-	-	-27.6
Investment in Securities	-	36.63	117.03	-153.11
Other Investing Activities	-28.97	-4.31	65.15	-16.22
Investing Cash Flow	-335.62	-238.66	-174.23	-414.28
Short-Term Debt Issued	-	-	-	29.11
Long-Term Debt Issued	2,443	1,554	1,620	3,551
Total Debt Issued	2,443	1,554	1,620	3,580
Short-Term Debt Repaid	-	-9.69	-19.43	-
Long-Term Debt Repaid	-2,450	-2,189	-1,712	-3,730
Total Debt Repaid	-2,450	-2,199	-1,731	-3,730
Net Debt Issued (Repaid)	-7.29	-645.18	-110.95	-150.4
Common Dividends Paid	-256.94	-98.99	-198.4	-154.93
Other Financing Activities	-92.16	-127.86	-68.21	-58.58
Financing Cash Flow	-356.38	-872.03	-377.55	-363.91
Foreign Exchange Rate Adjustments	-16.12	-12.34	-69.49	61.52
Net Cash Flow	52.44	-123.33	152.3	-193.99
Free Cash Flow	437.48	724.31	407.56	298.07
Free Cash Flow Growth	-39.60%	77.72%	36.73%	-42.12%
Free Cash Flow Margin	8.64%	17.24%	9.07%	6.22%
Free Cash Flow Per Share	0.42	0.70	0.39	0.29
Cash Interest Paid	92.16	127.86	90.88	66.22
Cash Income Tax Paid	44.52	26.59	72.59	15.22
Levered Free Cash Flow	-111.32	452.47	322.35	103.44
Unlevered Free Cash Flow	-56.54	525.11	369.72	142.03
Change in Working Capital	5.83	154.77	107.64	-342.35

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