Autostreets Development Cash Flow Statement

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

Millions CNY. 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	8.27	-123	-15.51	45.24	47.97
Depreciation & Amortization	25.78	29.31	27.18	29.56	27.41
Other Amortization	0.2	0.42	0.26	0.23	0.86
Loss (Gain) From Sale of Assets	0.06	-0.36	6.78	-	0.05
Asset Writedown & Restructuring Costs	-	-	-0.08	-0.67	-0.21
Loss (Gain) From Sale of Investments	1.52	0.32	-	13.99	26.8
Loss (Gain) on Equity Investments	-0.3	-0.01	-0.45	-0.8	-0.55
Other Operating Activities	16.01	159	83.41	5.84	100.75
Change in Accounts Receivable	0.28	1.3	-3.13	-3.86	23.99
Change in Accounts Payable	-1.12	-19.33	-2.31	2.93	-26.92
Change in Other Net Operating Assets	-13.32	-38.21	27.21	2.88	-11.44
Operating Cash Flow	37.37	9.44	123.36	95.33	188.71
Operating Cash Flow Growth	295.95%	-92.35%	29.40%	-49.48%	-
Capital Expenditures	-0.87	-2.11	-7.1	-4.56	-6.22
Sale of Property, Plant & Equipment	0.01	0.99	0.08	0.67	0.4
Cash Acquisitions	-0.27	-	-	-	13.46
Divestitures	-	-	-3.2	-	-
Sale (Purchase) of Intangibles	-	-0.08	-0.07	-0.04	-0.06
Investment in Securities	-1.7	1.2	75.91	-56.61	44.28
Other Investing Activities	-221.82	-0.05	245.29	16.66	-99.35
Investing Cash Flow	-224.65	-0.06	310.91	-43.89	-47.49
Short-Term Debt Issued	165.6	139.38	99.2	79.4	49.5
Long-Term Debt Issued	-	-	61.52	64.18	12.7
Total Debt Issued	165.6	139.38	160.72	143.58	62.2
Short-Term Debt Repaid	-169.08	-79.4	-79.4	-49.5	-49.5
Long-Term Debt Repaid	-19.68	-22.97	-222.99	-56.09	-42.5
Total Debt Repaid	-188.76	-102.37	-302.39	-105.59	-92
Net Debt Issued (Repaid)	-23.16	37.01	-141.67	37.99	-29.8
Issuance of Common Stock	-	139.12	542.86	-	-
Other Financing Activities	-6.85	-75.98	-289.69	-155.07	-19.4
Financing Cash Flow	-30	100.15	111.51	-15.96	-49.2
Foreign Exchange Rate Adjustments	-1.86	1.63	0.37	1.41	-0.01
Net Cash Flow	-219.14	111.16	546.14	36.9	92
Free Cash Flow	36.51	7.33	116.26	90.77	182.49
Free Cash Flow Growth	398.25%	-93.70%	28.08%	-50.26%	-
Free Cash Flow Margin	13.47%	1.79%	23.63%	19.41%	26.93%
Free Cash Flow Per Share	0.04	0.01	0.20	0.27	0.60
Cash Interest Paid	6.85	6.32	5.77	5.72	4.92
Cash Income Tax Paid	1.56	7.54	21.86	23.12	63.29
Levered Free Cash Flow	-196.36	-78.67	233.26	133.36	-
Unlevered Free Cash Flow	-192.08	-74.72	236.86	136.94	-
Change in Working Capital	-14.17	-56.23	21.77	1.95	-14.37

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