ENN Energy Holdings Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	5,987	6,816	5,867	7,755
Depreciation & Amortization	3,004	2,746	2,555	2,238
Other Amortization	102	94	48	25
Loss (Gain) on Sale of Assets	42	156	117	-19
Loss (Gain) on Sale of Investments	-109	-14	69	28
Loss (Gain) on Equity Investments	-912	-478	-25	-699
Asset Writedown	178	202	151	43
Stock-Based Compensation	-	-	21	49
Change in Accounts Receivable	700	-675	-405	-1,338
Change in Inventory	168	-56	-201	-234
Change in Accounts Payable	525	1,221	-1,701	1,508
Change in Unearned Revenue	-1,261	-483	413	517
Change in Other Net Operating Assets	533	-410	409	18
Other Operating Activities	1,011	213	2,534	452
Operating Cash Flow	10,294	9,612	10,102	10,466
Operating Cash Flow Growth	7.09%	-4.85%	-3.48%	7.94%
Capital Expenditures	-6,177	-6,495	-6,241	-6,253
Sale of Property, Plant & Equipment	212	201	384	155
Cash Acquisitions	6	5	-81	-726
Divestitures	70	-79	80	19
Sale (Purchase) of Intangibles	-509	-274	-495	-37
Investment in Securities	765	686	-675	-426
Other Investing Activities	1,195	1,107	1,302	502
Investing Cash Flow	-4,438	-4,849	-5,726	-6,766
Short-Term Debt Issued	4,549	6,130	9,579	2,715
Long-Term Debt Issued	17,460	17,655	17,287	11,636
Total Debt Issued	22,009	23,785	26,866	14,351
Short-Term Debt Repaid	-4,552	-6,156	-9,492	-2,706
Long-Term Debt Repaid	-20,170	-15,855	-18,501	-11,149
Total Debt Repaid	-24,722	-22,011	-27,993	-13,855
Net Debt Issued (Repaid)	-2,713	1,774	-1,127	496
Issuance of Common Stock	-	20	48	90
Repurchase of Common Stock	-665	-229	-	-
Common Dividends Paid	-3,015	-2,977	-2,657	-2,827
Other Financing Activities	-1,465	-1,731	-1,285	-1,395
Financing Cash Flow	-7,858	-3,143	-5,021	-3,636
Foreign Exchange Rate Adjustments	6	13	17	-10
Net Cash Flow	-1,996	1,633	-628	54
Free Cash Flow	4,117	3,117	3,861	4,213
Free Cash Flow Growth	32.08%	-19.27%	-8.36%	0.77%
Free Cash Flow Margin	3.75%	2.74%	3.51%	4.52%
Free Cash Flow Per Share	3.68	2.76	3.42	3.73
Cash Interest Paid	823	891	814	686
Cash Income Tax Paid	2,353	2,516	1,951	2,173
Levered Free Cash Flow	3,024	-337.63	1,546	1,065
Unlevered Free Cash Flow	3,500	157.38	1,955	1,395
Change in Working Capital	665	-403	-1,485	471

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.