HKG:8490 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	-38.85	-43.08	0.51	8.64	6.85
Depreciation & Amortization	3.87	-4.51	-3.5	5.62	6.4
Other Amortization	-	8.84	8.1	0.09	0.1
Loss (Gain) From Sale of Assets	-0.01	-	0	0.27	0.04
Asset Writedown & Restructuring Costs	16	20.03	-	-	-
Provision & Write-off of Bad Debts	0.19	0.14	0.15	-0.52	-
Other Operating Activities	2.69	8.61	-2.84	0.69	3.55
Change in Accounts Receivable	-76.83	-76.74	-87.88	-76.22	-84.18
Change in Inventory	11.34	13.82	10.81	13.15	13.52
Change in Accounts Payable	6.19	-8.75	-3.18	0.19	10.27
Change in Unearned Revenue	0.07	0.1	-0.53	0.19	-1.26
Change in Other Net Operating Assets	-1.09	-15.89	-3.03	-0.07	-1.63
Operating Cash Flow	-76.42	-97.43	-81.38	-47.96	-46.51
Capital Expenditures	-0.18	-2.53	-7.09	-16.71	-3.18
Sale of Property, Plant & Equipment	0.02	-	0	0.47	0.02
Sale (Purchase) of Intangibles	-4.96	-11.3	-55.19	-7.62	-14.65
Other Investing Activities	0.01	0.05	0.78	0.28	0.05
Investing Cash Flow	-5.12	-13.79	-61.5	-23.58	-17.76
Short-Term Debt Issued	-	-	-	-	89.94
Long-Term Debt Issued	130.27	243.61	190.13	135.76	-
Total Debt Issued	130.27	243.61	190.13	135.76	89.94
Short-Term Debt Repaid	-	-	-	-	-36.47
Long-Term Debt Repaid	-82.94	-109.03	-73.54	-46.04	-3.59
Total Debt Repaid	-82.94	-109.03	-73.54	-46.04	-40.07
Net Debt Issued (Repaid)	47.33	134.58	116.59	89.72	49.87
Common Dividends Paid	-	-	-1.55	-3.53	-2.08
Other Financing Activities	1.09	-6.45	-3.12	-0.7	-0.56
Financing Cash Flow	48.42	128.13	111.92	85.49	47.23
Foreign Exchange Rate Adjustments	2.29	-0.97	0.13	0.14	0.28
Net Cash Flow	-30.83	15.94	-30.83	14.09	-16.76
Free Cash Flow	-76.6	-99.96	-88.47	-64.67	-49.69
Free Cash Flow Margin	-52.13%	-51.30%	-41.62%	-29.68%	-19.95%
Free Cash Flow Per Share	-0.11	-0.14	-0.13	-0.09	-0.07
Cash Interest Paid	-	6.45	3.12	0.7	0.56
Cash Income Tax Paid	-	6.29	9.95	1.52	1.09
Levered Free Cash Flow	23.81	-51.21	-78.9	15.69	-40.07
Unlevered Free Cash Flow	27.48	-47.26	-76.44	16.86	-39.19
Change in Working Capital	-60.32	-87.46	-83.81	-62.75	-63.28

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