Casablanca Group Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-13.24	-9.79	-4.64	5.38	11.94	16.13
Depreciation & Amortization	29.44	29.15	26.67	26	26.81	28.07
Loss (Gain) From Sale of Assets	-0.2	-0.2	0.18	-3.96	0.03	0.86
Asset Writedown & Restructuring Costs	0.27	0.27	2.47	-	0.51	1.95
Loss (Gain) From Sale of Investments	-2.03	-2.03	1.33	0.06	1.32	-0.15
Stock-Based Compensation	0.46	0.46	0.34	-	-	0.45
Provision & Write-off of Bad Debts	0.62	0.62	-1.04	0.38	0.04	-0.01
Other Operating Activities	5.3	-1.47	-12.27	3.83	4.77	-4.74
Change in Accounts Receivable	3.05	3.05	5.41	6.16	-2.14	16.33
Change in Inventory	3.94	3.94	1.45	18.67	-11.74	14.01
Change in Accounts Payable	-6.35	-6.35	4.02	-12.27	12.25	-10.99
Change in Other Net Operating Assets	0.48	0.48	-1.72	0.89	-0.67	0.09
Operating Cash Flow	21.75	18.13	22.22	45.14	39.68	56.9
Operating Cash Flow Growth	30.82%	-18.39%	-50.78%	13.74%	-30.26%	36.20%
Capital Expenditures	-9.16	-8.81	-14.46	-33.58	-40.18	-11.87
Sale of Property, Plant & Equipment	0.35	0.05	0.15	3.98	0.04	-
Investment in Securities	7.66	6.55	-	-0.37	-	-
Other Investing Activities	3.24	2.7	-1.33	1.56	0.04	2.06
Investing Cash Flow	2.09	0.49	-15.64	-28.41	-40.11	-9.81
Long-Term Debt Issued	-	9.26	10	8.46	13.91	-
Long-Term Debt Repaid	-	-21.92	-30.83	-22.04	-27.91	-18.51
Net Debt Issued (Repaid)	-13.65	-12.67	-20.83	-13.58	-14	-18.51
Repurchase of Common Stock	-	-	-	-	-	-0.37
Common Dividends Paid	-	-	-	-	-38.68	-7.75
Other Financing Activities	1.83	0.31	-1.15	1.09	-0.9	-1.09
Financing Cash Flow	-11.83	-12.35	-21.98	-12.5	-53.58	-27.73
Foreign Exchange Rate Adjustments	-0.18	-0.15	-0.62	-0.12	0.74	0.28
Net Cash Flow	11.83	6.11	-16.03	4.11	-53.26	19.64
Free Cash Flow	12.58	9.32	7.75	11.56	-0.5	45.03
Free Cash Flow Growth	72.67%	20.20%	-32.91%	-	-	105.68%
Free Cash Flow Margin	5.18%	3.77%	2.73%	3.85%	-0.15%	14.56%
Free Cash Flow Per Share	0.05	0.04	0.03	0.04	-0.00	0.17
Cash Interest Paid	1.77	1.84	1.15	1.18	0.9	1.17
Cash Income Tax Paid	-	-0.56	3.21	2.59	1.71	11.78
Levered Free Cash Flow	13.79	10.96	11.08	2.62	9.01	33.46
Unlevered Free Cash Flow	14.9	12.1	11.8	3.36	9.58	34.2
Change in Working Capital	1.12	1.12	9.17	13.45	-5.72	14.34

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