HKG:8310 Cash Flow Statement

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

Millions HKD. 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	-18.96	-45.09	54.72	-61.97	-73.47
Depreciation & Amortization	9.92	10.09	10.47	11.42	14.69
Loss (Gain) From Sale of Assets	11.85	-0.08	-0.02	-	-
Asset Writedown & Restructuring Costs	0.48	1.89	1.44	-6.38	12.68
Loss (Gain) From Sale of Investments	-	-	-108.91	-	-
Other Operating Activities	27.64	3.18	23	7.15	23.44
Change in Accounts Receivable	-380.55	79.84	304.35	-385.96	25.85
Change in Inventory	-	-	0.72	3.46	0.17
Change in Accounts Payable	269.3	-191.97	-297.23	396.64	-198.88
Operating Cash Flow	-80.31	-142.13	-11.47	-35.64	-195.53
Capital Expenditures	-16.35	-2.63	-6.49	-6.13	-1.32
Sale of Property, Plant & Equipment	-	0.44	-	-	-
Divestitures	-1.28	-	-	-	-
Investment in Securities	-	-	108.91	-	-
Other Investing Activities	0.01	0.12	3.46	-4.4	224.97
Investing Cash Flow	-17.62	-2.07	105.88	-10.53	223.65
Long-Term Debt Issued	174.76	239.79	77.35	183.15	370.06
Total Debt Issued	174.76	239.79	77.35	183.15	370.06
Long-Term Debt Repaid	-645.97	-511.68	-36.26	-147.79	-389.29
Total Debt Repaid	-645.97	-511.68	-36.26	-147.79	-389.29
Net Debt Issued (Repaid)	-471.21	-271.9	41.09	35.36	-19.23
Other Financing Activities	571.54	265.02	9.17	-	-
Financing Cash Flow	100.34	-6.88	50.26	35.36	-19.23
Foreign Exchange Rate Adjustments	0.18	-2.13	-0.88	-1.44	0.5
Net Cash Flow	2.6	-153.2	143.78	-12.25	9.39
Free Cash Flow	-96.65	-144.76	-17.96	-41.77	-196.85
Free Cash Flow Margin	-9.07%	-18.52%	-1.55%	-5.25%	-21.67%
Free Cash Flow Per Share	-0.07	-0.11	-0.01	-0.03	-0.15
Cash Interest Paid	18.45	16.35	11.12	30.73	22.31
Cash Income Tax Paid	0.1	-	0.01	0.08	0.07
Levered Free Cash Flow	50.6	138.83	-82.47	-40.66	74.67
Unlevered Free Cash Flow	63.76	152.42	-61.3	-15.9	97.75
Change in Working Capital	-111.24	-112.13	7.84	14.13	-172.86

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