Lifestyle China Group Cash Flow Statement

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

Millions CNY. 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	-20.11	87.77	-24.44	143.39
Depreciation & Amortization	402.88	421.16	444.25	263.26
Loss (Gain) From Sale of Assets	0.66	0.11	0.17	0.71
Loss (Gain) on Equity Investments	-263.01	-336.18	-201.32	-265.55
Provision & Write-off of Bad Debts	-0.52	6.49	2.16	-0.23
Other Operating Activities	267.62	289.76	216.6	153.33
Change in Accounts Receivable	18.82	21.96	66.18	-71.69
Change in Inventory	-3.3	15.59	-7.4	-53.56
Change in Accounts Payable	-12.95	112.64	-189.8	155.8
Change in Unearned Revenue	-3.85	3.98	-2.57	3.17
Change in Other Net Operating Assets	-5.02	25.06	-35.16	14.51
Operating Cash Flow	381.22	648.34	268.69	343.14
Operating Cash Flow Growth	-41.20%	141.30%	-21.70%	17.34%
Capital Expenditures	-61.4	-265.87	-189.79	-199.18
Sale of Property, Plant & Equipment	0.17	0	-	0.04
Investment in Securities	115.87	-1,589	-	86.5
Other Investing Activities	146.48	90.39	69.46	71.46
Investing Cash Flow	201.12	-1,765	-120.33	-41.19
Long-Term Debt Issued	-	3,300	-	-
Total Debt Issued	-	3,300	-	-
Long-Term Debt Repaid	-85.34	-2,320	-200.52	-156.65
Net Debt Issued (Repaid)	-85.34	979.87	-200.52	-156.65
Other Financing Activities	-253.48	-238.92	-204.12	-192.31
Financing Cash Flow	-338.82	740.96	-404.64	-348.95
Foreign Exchange Rate Adjustments	2.05	0.7	7.19	-1.71
Net Cash Flow	245.56	-374.87	-249.1	-48.71
Free Cash Flow	319.82	382.47	78.89	143.96
Free Cash Flow Growth	-16.38%	384.79%	-45.20%	18.60%
Free Cash Flow Margin	25.53%	28.35%	7.00%	11.08%
Free Cash Flow Per Share	0.22	0.26	0.05	0.10
Cash Interest Paid	187.56	181.02	115.89	116.08
Cash Income Tax Paid	86.51	87.58	75.74	112.73
Levered Free Cash Flow	111.35	-104.32	-219.43	1,645
Unlevered Free Cash Flow	228.17	9.39	-147.14	1,663
Change in Working Capital	-6.3	179.23	-168.74	48.23

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