Liaoning Port 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	1,307	1,144	1,343	1,318	1,916
Depreciation & Amortization	2,429	2,339	2,254	2,270	2,228
Other Amortization	69.35	43.59	11.08	33.05	18.19
Loss (Gain) From Sale of Assets	-2.83	-16.31	-0.19	-5.05	-131.67
Asset Writedown & Restructuring Costs	19.65	68.95	101.46	14.26	51.21
Loss (Gain) From Sale of Investments	37.77	-182.47	-97.08	-196.7	-372.65
Provision & Write-off of Bad Debts	-70.9	-380.06	165.05	137.53	96.73
Other Operating Activities	717.22	599.62	721.15	687.25	809.56
Change in Accounts Receivable	1,275	613.15	-908.12	-812.19	-1,217
Change in Inventory	2.36	4.56	1.58	-21.34	-7.4
Change in Accounts Payable	-157.94	0.69	-123.47	66.43	460.58
Change in Other Net Operating Assets	28.97	51.55	-4.09	54.79	-0.45
Operating Cash Flow	5,678	4,287	3,339	3,444	3,823
Operating Cash Flow Growth	32.44%	28.39%	-3.06%	-9.90%	-4.00%
Capital Expenditures	-490.46	-637.89	-667.57	-3,415	-3,824
Sale of Property, Plant & Equipment	6.53	62.57	14.92	10.43	9.87
Cash Acquisitions	-	34.45	-	-	-
Divestitures	-0	-1.09	-	-	-109.82
Investment in Securities	-2.4	46.3	90.9	22.25	901.29
Other Investing Activities	120.35	274.27	212.61	297.73	336.28
Investing Cash Flow	-365.98	-221.38	-349.15	-3,084	-2,687
Long-Term Debt Issued	930	2,322	2,497	5,086	932
Long-Term Debt Repaid	-3,678	-4,983	-4,583	-2,665	-4,104
Net Debt Issued (Repaid)	-2,748	-2,661	-2,086	2,421	-3,172
Issuance of Common Stock	-	-	-	-	2,082
Repurchase of Common Stock	-144.78	-501.45	-	-	-
Common Dividends Paid	-824.89	-643.17	-708.71	-997.11	-1,282
Other Financing Activities	-186.24	-214.5	-233.69	-1,135	-1,491
Financing Cash Flow	-3,904	-4,020	-3,029	288.27	-3,863
Foreign Exchange Rate Adjustments	-0.77	3.4	-7.98	10.4	-4.8
Net Cash Flow	1,408	48.96	-46.49	658.81	-2,732
Free Cash Flow	5,188	3,649	2,672	29.73	-1.43
Free Cash Flow Growth	42.15%	36.60%	8884.96%	-	-
Free Cash Flow Margin	45.67%	32.98%	21.86%	0.24%	-0.01%
Free Cash Flow Per Share	0.22	0.15	0.11	0.00	-
Cash Income Tax Paid	817.87	805.85	1,031	856.52	918.86
Levered Free Cash Flow	4,027	4,427	2,079	-4,800	3,433
Unlevered Free Cash Flow	4,301	4,706	2,393	-4,461	3,828
Change in Working Capital	1,172	671.47	-1,160	-813.47	-792.78

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