HKG:2307 Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-107.38	28.16	-132.91	-57.96	45.99
Depreciation & Amortization	189.15	215.92	259.64	295.27	312.64
Other Amortization	2.75	1.91	13.86	5.57	12.04
Loss (Gain) From Sale of Assets	59.37	-30.88	13.64	1.24	-0.62
Asset Writedown & Restructuring Costs	4.67	2.22	-	-	-
Loss (Gain) From Sale of Investments	0.09	0.02	0.33	-0.24	-0.17
Loss (Gain) on Equity Investments	0.14	-0.53	0.31	1.63	0.14
Provision & Write-off of Bad Debts	-	-	-	6.69	-1.99
Other Operating Activities	-8.27	4.36	-83.49	-127.16	44.62
Change in Accounts Receivable	-32.21	-15.35	69.16	295.44	-23.76
Change in Inventory	55.42	63.1	-64.17	690	-565.29
Change in Accounts Payable	44.89	-70.94	242.4	-407.88	42.21
Change in Other Net Operating Assets	22.57	-27.54	-85.62	-47.3	39.6
Operating Cash Flow	231.18	170.45	233.16	655.3	-94.58
Operating Cash Flow Growth	35.63%	-26.89%	-64.42%	-	-
Capital Expenditures	-166.87	-86.73	-162.94	-76.94	-113.56
Sale of Property, Plant & Equipment	11.94	2.35	2.93	0.28	3.59
Cash Acquisitions	-80.85	0.17	-	-	-
Divestitures	-	53.31	-	-	-
Investment in Securities	-	-3.27	-	-	-
Other Investing Activities	13.61	4.52	-4.04	18.73	8.74
Investing Cash Flow	-222.17	-29.65	-164.06	-57.93	-101.23
Long-Term Debt Issued	1,609	1,646	2,537	1,349	3,335
Long-Term Debt Repaid	-1,619	-2,030	-2,758	-1,715	-3,083
Net Debt Issued (Repaid)	-9.87	-384.07	-220.7	-366.65	252.68
Common Dividends Paid	-6.09	-	-	-11.31	-
Other Financing Activities	-	-	-2.66	-1.05	-
Financing Cash Flow	-15.96	-384.07	-223.36	-379.02	252.68
Foreign Exchange Rate Adjustments	-	-	-4.21	-7.23	2.63
Net Cash Flow	-6.95	-243.27	-158.47	211.12	59.49
Free Cash Flow	64.31	83.72	70.22	578.36	-208.15
Free Cash Flow Growth	-23.19%	19.24%	-87.86%	-	-
Free Cash Flow Margin	1.75%	2.19%	1.95%	14.09%	-4.74%
Free Cash Flow Per Share	0.07	0.10	0.08	0.67	-0.24
Cash Interest Paid	38.99	55.64	90.87	53.08	32.61
Cash Income Tax Paid	9.32	0.85	20.04	15.55	1
Levered Free Cash Flow	76.03	127.13	126.04	704.38	-256.54
Unlevered Free Cash Flow	97.66	160	168.98	731.98	-248.21
Change in Working Capital	90.67	-50.72	161.77	530.27	-507.24

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