HKG:2314 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	1,941	1,358	1,153	1,459	3,794
Depreciation & Amortization	260.18	263.3	174.55	191.5	165.25
Loss (Gain) From Sale of Assets	-30.73	15.66	4.05	9.32	57.08
Loss (Gain) on Equity Investments	-10.39	-10.68	-1.72	-0.03	1.18
Provision & Write-off of Bad Debts	-0.13	-3.09	20.29	-7.53	15.83
Other Operating Activities	-416.04	-652.03	-490.49	-592.9	-730.98
Change in Accounts Receivable	161.87	-1,634	-1,807	236.7	-1,155
Change in Inventory	952.02	1,699	1,258	1,374	265.91
Change in Accounts Payable	674.13	-609.03	-250.91	1,039	372.81
Change in Other Net Operating Assets	-12.52	-1.83	92.53	-1.69	5.1
Operating Cash Flow	3,520	425.93	151.37	3,708	2,792
Operating Cash Flow Growth	726.37%	181.38%	-95.92%	32.80%	-17.47%
Capital Expenditures	-1,899	-2,704	-3,420	-4,715	-3,305
Sale of Property, Plant & Equipment	35.1	44.73	44.16	11.47	61.86
Cash Acquisitions	-	-	-	-	-391.28
Divestitures	-	-	-	-	113.16
Sale (Purchase) of Real Estate	-0.95	-0.54	-0.41	-0.17	-0.19
Investment in Securities	8.16	3.36	-25.33	11.66	-
Other Investing Activities	81.79	10.71	-265.39	-2.11	14.33
Investing Cash Flow	-1,775	-2,646	-3,667	-4,695	-3,507
Long-Term Debt Issued	18,024	16,722	25,036	18,891	16,680
Long-Term Debt Repaid	-19,247	-14,027	-22,067	-16,670	-14,017
Net Debt Issued (Repaid)	-1,223	2,695	2,970	2,221	2,663
Repurchase of Common Stock	-	-82.19	-217.23	-495.28	-81.09
Common Dividends Paid	-476.75	-573.78	-351.63	-886.6	-1,563
Other Financing Activities	359.25	195.1	835.69	216.14	414.77
Financing Cash Flow	-1,341	2,235	3,236	1,055	1,434
Foreign Exchange Rate Adjustments	16.34	-10.35	-1.85	-178.61	4.46
Net Cash Flow	420.55	4.03	-281.17	-110.5	723.89
Free Cash Flow	1,621	-2,278	-3,269	-1,008	-512.81
Free Cash Flow Margin	6.08%	-8.77%	-13.11%	-3.45%	-1.58%
Free Cash Flow Per Share	0.38	-0.53	-0.76	-0.23	-0.12
Cash Interest Paid	732.67	932.15	827.17	361.26	189.05
Cash Income Tax Paid	197.04	238.37	172.12	190.43	553.01
Levered Free Cash Flow	205.5	-2,071	-2,834	-1,933	-3,327
Unlevered Free Cash Flow	340.09	-1,867	-2,660	-1,856	-3,280
Change in Working Capital	1,775	-545.54	-707.91	2,648	-510.87

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