BOC Aviation 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	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	787.25	923.59	763.9	20.06	561.32
Depreciation & Amortization	5.16	4.62	3.98	3.31	3.58
Other Amortization	793.14	807.12	812.29	809.39	786.98
Loss (Gain) From Sale of Assets	-212.87	-117.59	-77.85	-63.87	-43.77
Asset Writedown & Restructuring Costs	-	-163.6	8.8	855.99	145.8
Loss (Gain) From Sale of Investments	0.05	2.3	-2.88	-	-
Stock-Based Compensation	13.11	12.77	7.38	8.75	8.55
Provision & Write-off of Bad Debts	-	-	-	1.24	-7.92
Other Operating Activities	1,013	766.8	722.19	290.84	512.94
Change in Accounts Receivable	446.29	197.46	-33.11	1.78	-126.48
Change in Accounts Payable	143.95	-5.66	-9.31	-74.77	12.38
Change in Unearned Revenue	12.53	11.53	-7.13	28.48	-23.03
Change in Other Net Operating Assets	-63.26	126.95	94.94	127.35	-25.95
Operating Cash Flow	2,938	2,566	2,283	2,009	1,804
Operating Cash Flow Growth	14.49%	12.40%	13.67%	11.32%	-1.21%
Capital Expenditures	-4,240	-2,472	-3,640	-1,208	-2,124
Sale of Property, Plant & Equipment	1,432	1,170	808.07	1,309	825.26
Other Investing Activities	112	15.04	30.08	91.84	243.74
Investing Cash Flow	-2,696	-1,286	-2,802	193.04	-1,055
Long-Term Debt Issued	3,610	3,680	3,840	1,685	2,170
Long-Term Debt Repaid	-3,053	-3,604	-2,453	-3,296	-2,176
Net Debt Issued (Repaid)	556.83	76.36	1,387	-1,611	-6.32
Common Dividends Paid	-287.74	-326.81	-201.33	-181.97	-157.61
Other Financing Activities	-783.16	-749.91	-666.96	-501.3	-507.75
Financing Cash Flow	-514.07	-1,000	518.72	-2,295	-671.68
Net Cash Flow	-271.54	279.51	-0.09	-92.97	77.33
Free Cash Flow	-1,302	94.42	-1,357	800.56	-319.98
Free Cash Flow Margin	-56.68%	4.41%	-65.67%	41.67%	-15.67%
Free Cash Flow Per Share	-1.88	0.14	-1.96	1.15	-0.46
Cash Interest Paid	762.82	714.99	639.79	492.02	477.68
Cash Income Tax Paid	8.28	17.99	6.77	8.61	-81.82
Levered Free Cash Flow	-2,275	-1,968	-2,520	-309.76	-876.12
Unlevered Free Cash Flow	-1,820	-1,531	-2,130	-17.45	-594.69
Change in Working Capital	539.5	330.28	45.39	82.84	-163.09

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