TOM Group 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	-205.01	-256.03	-221.43	142.42	-114.11
Depreciation & Amortization	132.8	126.21	141.76	148.19	159.93
Loss (Gain) From Sale of Assets	-0.05	-0.24	-0.1	-	-3.43
Asset Writedown & Restructuring Costs	0.22	1.48	9.32	18.25	0.07
Loss (Gain) From Sale of Investments	-1.49	-	-	-290.45	-
Loss (Gain) on Equity Investments	3.17	-1.5	18.91	48.96	62.97
Provision & Write-off of Bad Debts	-0.08	0.03	-0.24	-0.05	0.13
Other Operating Activities	70.48	47.8	16.67	-2.75	55.57
Change in Accounts Receivable	6.33	18.8	17.85	10.58	16.74
Change in Inventory	-22.56	-10.3	-15.18	-8.22	-19.71
Change in Accounts Payable	36.88	-5.08	-28.75	-33.63	28.47
Change in Other Net Operating Assets	-11.53	0.39	0.9	24.09	-14.16
Operating Cash Flow	7.38	-89.46	-60.29	57.39	172.47
Operating Cash Flow Growth	-	-	-	-66.72%	22.95%
Capital Expenditures	-104.76	-139.02	-116.61	-121.32	-124.59
Sale of Property, Plant & Equipment	0.1	0.26	0.14	0.04	0.11
Divestitures	-	-	-	-	-0.71
Investment in Securities	-2.34	40.61	118.83	-	-62.13
Other Investing Activities	4.44	6.51	6.84	5.48	6.06
Investing Cash Flow	-102.55	-91.65	9.19	-115.81	-181.26
Long-Term Debt Issued	203	249	3,768	160	180.65
Long-Term Debt Repaid	-4,090	-66.51	-3,658	-44.76	-109.12
Net Debt Issued (Repaid)	-3,887	182.49	109.61	115.24	71.53
Issuance of Common Stock	4,500	-	-	-	-
Other Financing Activities	-28.94	-25.13	-42.13	-26.22	-31.05
Financing Cash Flow	583.94	157.36	67.48	89.02	40.48
Foreign Exchange Rate Adjustments	16.44	-22.48	-3.5	-42.43	8.88
Net Cash Flow	505.2	-46.23	12.88	-11.82	40.57
Free Cash Flow	-97.38	-228.48	-176.9	-63.93	47.89
Free Cash Flow Growth	-	-	-	-	425.46%
Free Cash Flow Margin	-13.24%	-31.23%	-22.55%	-7.70%	5.38%
Free Cash Flow Per Share	-0.03	-0.06	-0.04	-0.02	0.01
Cash Interest Paid	130.79	192.24	168.11	65.79	17.39
Cash Income Tax Paid	16.1	19.54	18.91	13.1	11.83
Levered Free Cash Flow	-47.12	-144.94	49.46	-212.97	46.69
Unlevered Free Cash Flow	52.89	-6.2	171.12	-158.83	83.31
Change in Working Capital	9.13	3.81	-25.18	-7.18	11.33

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