HKG:2255 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	-739.72	-197.26	-1,396	844.85
Depreciation & Amortization	385.39	396.96	346.99	484.23
Other Amortization	5.08	8.29	3.03	3.14
Loss (Gain) From Sale of Assets	25.88	1.18	3.86	-2,418
Asset Writedown & Restructuring Costs	141.03	-48.65	327.94	748.95
Loss (Gain) From Sale of Investments	36.15	-41.79	44.11	4.2
Loss (Gain) on Equity Investments	-	-	-	80.84
Provision & Write-off of Bad Debts	-9.4	0.95	32.25	15.25
Other Operating Activities	280.69	173.38	157.11	647.22
Change in Accounts Receivable	4.99	0.44	-12.74	19.73
Change in Inventory	-8.06	-21.76	-4.86	284.83
Change in Accounts Payable	-140.27	-166.8	226.69	-7.07
Change in Unearned Revenue	7.54	36.14	36.33	56.28
Change in Other Net Operating Assets	132.3	392.48	236.43	-543.15
Operating Cash Flow	121.59	533.56	1.24	221.06
Operating Cash Flow Growth	-77.21%	43033.23%	-99.44%	88.02%
Capital Expenditures	-486.79	-1,320	-717.57	-159.1
Sale of Property, Plant & Equipment	-	4.12	20.66	13.7
Cash Acquisitions	-	365	-394.96	-
Divestitures	-	-	-238.77	3,605
Sale (Purchase) of Intangibles	-3.97	-18.75	-4.44	-1.59
Sale (Purchase) of Real Estate	-	-	-0.83	-66.43
Investment in Securities	-	26.79	-5.66	-18.34
Other Investing Activities	-709.49	78.79	-304.4	-137.14
Investing Cash Flow	-1,200	-863.93	-1,646	3,236
Long-Term Debt Issued	806.04	2,950	1,688	928.8
Long-Term Debt Repaid	-1,086	-1,939	-1,809	-2,897
Net Debt Issued (Repaid)	-279.64	1,012	-121.52	-1,968
Issuance of Common Stock	-	-	267.59	-
Other Financing Activities	-293.4	-202.42	-484.41	-626.43
Financing Cash Flow	-573.04	809.45	-338.34	-2,595
Foreign Exchange Rate Adjustments	9.55	-9.36	6.15	-5.24
Net Cash Flow	-1,642	469.72	-1,977	857.11
Free Cash Flow	-365.19	-786.32	-716.33	61.96
Free Cash Flow Margin	-20.08%	-43.28%	-90.33%	2.52%
Free Cash Flow Per Share	-0.04	-0.10	-0.09	0.01
Cash Interest Paid	308.28	346.81	351.5	625.68
Cash Income Tax Paid	-	-	11.68	29.33
Levered Free Cash Flow	468.36	-288.29	-2,453	-351.56
Unlevered Free Cash Flow	661.03	-119.46	-2,272	-45.39
Change in Working Capital	-3.51	240.5	481.85	-189.38

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