HKG:2259 Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	1,602	481.37	230.38	183.68
Depreciation & Amortization	683.43	410.8	401.3	343.94
Other Amortization	2.46	1.36	0.99	0.87
Loss (Gain) From Sale of Assets	-73.54	1.63	2.84	1.08
Loss (Gain) From Sale of Investments	-18.67	-0.49	0.65	0.08
Loss (Gain) on Equity Investments	-70.25	-	-	-
Stock-Based Compensation	1.42	1.31	0.66	1.13
Other Operating Activities	670.81	372.22	66.41	177.43
Change in Accounts Receivable	-90.55	24.06	-24.18	-89.54
Change in Inventory	-203.33	-71.06	-38.39	48.18
Change in Accounts Payable	49.06	-61.9	129.39	61.96
Change in Other Net Operating Assets	-149.94	-282.83	154.82	-14.07
Operating Cash Flow	2,402	876.46	924.87	714.75
Operating Cash Flow Growth	174.11%	-5.24%	29.40%	-
Capital Expenditures	-595.15	-474.23	-422.22	-497.34
Sale of Property, Plant & Equipment	2.36	0.06	-	3.61
Cash Acquisitions	-4,019	-	-269.64	-
Divestitures	102.31	-	-	-
Sale (Purchase) of Intangibles	-20.1	-12.82	-14.7	-21.08
Investment in Securities	-94.76	-	-	-
Other Investing Activities	-215.73	87.36	-14.43	61.41
Investing Cash Flow	-4,840	-399.63	-720.99	-453.41
Long-Term Debt Issued	185.71	94.86	162.37	212.54
Long-Term Debt Repaid	-472.97	-155.33	-128.15	-411.24
Net Debt Issued (Repaid)	-287.26	-60.47	34.22	-198.71
Issuance of Common Stock	6,726	-	-	-
Other Financing Activities	-619.58	-336.49	-169.85	-147.86
Financing Cash Flow	5,819	-396.96	-135.63	-346.56
Foreign Exchange Rate Adjustments	0.59	-0.03	0.05	0.45
Net Cash Flow	3,382	79.83	68.3	-84.77
Free Cash Flow	1,807	402.23	502.66	217.41
Free Cash Flow Growth	349.33%	-19.98%	131.21%	-
Free Cash Flow Margin	33.57%	13.45%	22.22%	11.96%
Free Cash Flow Per Share	0.93	0.74	0.92	0.40
Cash Interest Paid	62.25	37.75	47.56	54.55
Cash Income Tax Paid	469.09	136.63	175.23	127.7
Levered Free Cash Flow	1,630	400.25	496.66	-
Unlevered Free Cash Flow	1,649	425.34	526.79	-
Change in Working Capital	-394.75	-391.73	221.64	6.54

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