Perennial Energy Holdings Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	185.59	440.23	504.19	743.96	301.77	345.48
Depreciation & Amortization	182.35	183.68	162.59	136.46	119.22	118.69
Loss (Gain) From Sale of Assets	1.25	1.25	8.91	2.55	0.44	2.38
Asset Writedown & Restructuring Costs	1	1	4.3	0.1	1.1	0.03
Loss (Gain) on Equity Investments	12.71	12.71	3.04	-	-	-
Other Operating Activities	15.28	16.8	24.16	85.66	259.21	52.97
Change in Accounts Receivable	-1,165	-1,165	-620.2	-924.2	-199.44	-109.85
Change in Inventory	23.96	23.96	-8.39	1.72	-21.78	-12.11
Change in Accounts Payable	89.08	89.08	104.12	85	16.17	14.42
Change in Unearned Revenue	-	-	-1.64	-7.56	9.01	-1.56
Change in Other Net Operating Assets	-27.39	-27.39	32.3	57.06	67.73	81.81
Operating Cash Flow	-681.43	-423.94	213.38	180.74	553.43	492.27
Operating Cash Flow Growth	-	-	18.06%	-67.34%	12.42%	227.42%
Capital Expenditures	-355.77	-365.36	-315.86	-474.47	-455.36	-242.33
Sale of Property, Plant & Equipment	17.62	17.53	0	-	1.51	0.85
Sale (Purchase) of Intangibles	-	-	-413.19	-256.85	-217.33	-511.2
Investment in Securities	-122.5	-257.75	-134.93	-	-	-
Other Investing Activities	7.57	15.09	-2.82	-3.24	8.43	-4.02
Investing Cash Flow	-453.08	-590.49	-866.8	-734.56	-662.75	-756.7
Long-Term Debt Issued	-	1,691	1,013	644.7	271.65	376.65
Total Debt Issued	1,566	1,691	1,013	644.7	271.65	376.65
Long-Term Debt Repaid	-	-487.6	-257.28	-1.25	-46.82	-159.97
Total Debt Repaid	-350.97	-487.6	-257.28	-1.25	-46.82	-159.97
Net Debt Issued (Repaid)	1,215	1,203	755.35	643.45	224.83	216.68
Common Dividends Paid	-3.3	-72.5	-178.66	-49.06	-53.15	-36.6
Other Financing Activities	-28.02	-32.74	-31.62	-19.37	-21.1	-19.36
Financing Cash Flow	1,183	1,098	545.07	575.02	150.57	160.72
Net Cash Flow	48.91	83.36	-108.35	21.2	41.25	-103.71
Free Cash Flow	-1,037	-789.3	-102.48	-293.73	98.07	249.94
Free Cash Flow Growth	-	-	-	-	-60.76%	-
Free Cash Flow Margin	-72.56%	-46.26%	-5.97%	-16.46%	6.36%	17.82%
Free Cash Flow Per Share	-0.65	-0.49	-0.06	-0.18	0.06	0.16
Cash Interest Paid	46.85	46.85	31.62	19.37	21.1	19.36
Cash Income Tax Paid	119.85	119.85	111.93	74.01	181.1	118.29
Levered Free Cash Flow	-35.17	-16.57	-377.85	-232.7	-159.96	-202.6
Unlevered Free Cash Flow	-8.18	12.52	-357.44	-215.89	-146.77	-190.5
Change in Working Capital	-1,080	-1,080	-493.81	-787.98	-128.31	-27.28

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.