Link 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	-146.46	-88.25	-54.29	-113.07
Depreciation & Amortization	14.41	12.44	14.81	16.29
Loss (Gain) From Sale of Assets	-	-	-	-0.03
Asset Writedown & Restructuring Costs	57.56	4.32	12.34	76.24
Stock-Based Compensation	0.65	-	-	-
Provision & Write-off of Bad Debts	-	-	-	0.45
Other Operating Activities	50.81	42.63	17.83	27.09
Change in Accounts Receivable	3.2	-2.63	-0.39	14.79
Change in Inventory	-0.23	-0.06	0.27	-0.18
Change in Accounts Payable	2.54	7.96	3.5	-2.58
Change in Other Net Operating Assets	-	-	-	9.4
Operating Cash Flow	-17.52	-23.61	-5.94	28.41
Operating Cash Flow Growth	-	-	-	135.30%
Capital Expenditures	-0.78	-2.12	-2.19	-0.99
Sale of Property, Plant & Equipment	-	-	-	0.08
Other Investing Activities	0	0	0.1	0
Investing Cash Flow	-0.77	-2.11	-2.09	-0.92
Short-Term Debt Issued	11.16	25.99	1.9	-
Long-Term Debt Issued	458.23	325.44	2.38	-
Total Debt Issued	469.38	351.43	4.28	-
Short-Term Debt Repaid	-	-	-	-22.02
Long-Term Debt Repaid	-397.38	-289.97	-12.02	-9
Total Debt Repaid	-397.38	-289.97	-12.02	-31.02
Net Debt Issued (Repaid)	72	61.45	-7.74	-31.02
Other Financing Activities	-65.85	-9.33	-9.93	-9.41
Financing Cash Flow	6.15	52.12	-17.67	-40.43
Foreign Exchange Rate Adjustments	-0.67	0.17	-1.19	-0.22
Net Cash Flow	-12.82	26.57	-26.89	-13.16
Free Cash Flow	-18.3	-25.72	-8.13	27.42
Free Cash Flow Growth	-	-	-	271.50%
Free Cash Flow Margin	-43.92%	-44.10%	-24.39%	55.14%
Free Cash Flow Per Share	-0.11	-0.16	-0.06	0.20
Cash Interest Paid	65.85	9.33	9.93	9.41
Cash Income Tax Paid	2.57	0.57	4.93	1.39
Levered Free Cash Flow	-29.46	-11.24	-6.24	5.36
Unlevered Free Cash Flow	6.69	13.09	7.75	19.86
Change in Working Capital	5.51	5.26	3.37	21.44

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