Zhongyu Energy Holdings Cash Flow Statement

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

Millions HKD. 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	146.38	246.72	174.08	1,189
Depreciation & Amortization	618.6	603.06	567.91	533.57
Other Amortization	65.52	68.16	57.24	51.49
Loss (Gain) on Sale of Assets	2.36	13.73	1.23	3.15
Loss (Gain) on Equity Investments	-8.46	-30.53	-31.24	-49.08
Asset Writedown	0.42	0.43	0.56	0.56
Change in Accounts Receivable	114.83	-221.76	18.95	-107.04
Change in Inventory	57.7	60.68	-32.34	-81.31
Change in Accounts Payable	-31.81	-29.92	52.37	-205.57
Change in Unearned Revenue	-269.61	11.23	-60.67	417.33
Change in Other Net Operating Assets	-213.82	107.89	-161.85	-122.19
Other Operating Activities	562.59	677.86	811.37	167.47
Operating Cash Flow	1,053	1,504	1,395	1,796
Operating Cash Flow Growth	-30.00%	7.76%	-22.28%	-4.80%
Capital Expenditures	-702.25	-923.53	-1,207	-1,513
Sale of Property, Plant & Equipment	31.02	27.87	66.58	54.41
Cash Acquisitions	-23.96	-63.02	-95.18	-23.87
Sale (Purchase) of Intangibles	-0.1	-0.16	-0.16	-0.17
Investment in Securities	-50.4	-	-70.55	-111.69
Other Investing Activities	-32.85	-5.61	-11.85	-32.9
Investing Cash Flow	-778.54	-964.44	-1,318	-1,627
Long-Term Debt Issued	9,112	7,242	4,543	7,692
Total Debt Issued	9,112	7,242	4,543	7,692
Long-Term Debt Repaid	-8,265	-6,455	-4,124	-8,140
Total Debt Repaid	-8,265	-6,455	-4,124	-8,140
Net Debt Issued (Repaid)	846.81	786.55	419.89	-448.55
Issuance of Common Stock	-	-	-	1,096
Repurchase of Common Stock	-79.42	-198.75	-22.74	-
Common Dividends Paid	-	-	-436.35	-259.99
Other Financing Activities	-780.1	-836.59	-394.81	-430.58
Financing Cash Flow	-12.71	-248.79	-434.01	-43.26
Foreign Exchange Rate Adjustments	-133.23	-104.81	-126.88	-48.66
Net Cash Flow	128.17	185.71	-483.89	76.57
Free Cash Flow	350.4	580.21	188.16	282.71
Free Cash Flow Growth	-39.61%	208.37%	-33.45%	2074.18%
Free Cash Flow Margin	2.60%	4.25%	1.45%	2.49%
Free Cash Flow Per Share	0.13	0.21	0.07	0.10
Cash Interest Paid	725.7	696.17	378.56	311.75
Cash Income Tax Paid	306.35	278.49	303.55	242.72
Levered Free Cash Flow	-156.64	-61.95	-66.64	-541.21
Unlevered Free Cash Flow	171.27	279.93	81.99	-474.18
Change in Working Capital	-342.7	-71.87	-183.54	-98.79

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