HKG:6060 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	1,102	603.46	4,078	-1,112	1,165
Depreciation & Amortization	179.19	196.85	171.09	184.18	156.85
Other Amortization	131.64	132.02	186.27	176.96	149.76
Gain (Loss) on Sale of Assets	-0.66	-2.45	-5.92	-33.31	-0.37
Gain (Loss) on Sale of Investments	-301.63	-998.86	-648.58	1,839	-126.76
Stock-Based Compensation	-	-	69.67	81.31	14.22
Change in Accounts Receivable	-	-	-	-	-465.73
Reinsurance Recoverable	-398.11	-59.46	-28.53	25.14	-427.46
Change in Insurance Reserves / Liabilities	2,163	1,776	-916.83	-2,453	-730.64
Change in Other Net Operating Assets	996.25	-136.62	2,896	1,890	1,655
Other Operating Activities	-1,175	330.25	-3,769	-1,323	-2,164
Operating Cash Flow	3,536	1,979	2,208	-701.91	-602.95
Operating Cash Flow Growth	78.63%	-10.36%	-	-	-
Capital Expenditures	-1,046	-896.19	-290.98	-410.79	-260.76
Sale of Property, Plant & Equipment	2.13	14.07	18.36	0.57	0.37
Cash Acquisitions	-	-	-	-29.1	-270.93
Investment in Securities	1,492	-673.53	-4,324	-1,216	-7,598
Other Investing Activities	832.19	990.52	909.05	1,717	2,191
Investing Cash Flow	1,280	-556.3	-5,327	158.04	-5,942
Short-Term Debt Issued	-	-	1,640	1,302	1,339
Long-Term Debt Issued	71.16	80.53	98.87	124.44	100
Total Debt Issued	71.16	80.53	1,739	1,427	1,439
Total Debt Repaid	-6,630	-778.58	-323.29	-629.08	-144.76
Net Debt Issued (Repaid)	-6,559	-698.05	1,416	797.85	1,294
Issuance of Common Stock	3,551	-	-	-	-
Other Financing Activities	-361.93	-394.37	-277.11	-561.82	900.81
Financing Cash Flow	-3,370	-1,092	1,139	236.03	2,195
Foreign Exchange Rate Adjustments	14.56	0.49	38.99	160.48	-103.12
Net Cash Flow	1,461	331.2	-1,941	-147.37	-4,453
Free Cash Flow	2,490	1,083	1,917	-1,113	-863.71
Free Cash Flow Growth	129.84%	-43.50%	-	-	-
Free Cash Flow Margin	7.03%	3.21%	6.54%	-4.92%	-3.96%
Free Cash Flow Per Share	1.58	0.74	1.30	-0.76	-0.59
Cash Interest Paid	361.93	394.37	304.88	279.28	238.05
Levered Free Cash Flow	1,176	1,454	-639.5	-15,006	-3,833
Unlevered Free Cash Flow	1,369	1,733	-348.96	-14,738	-3,590
Change in Working Capital	2,761	1,580	1,951	-538.12	31.23

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