Boltek Holdings Limited (HKG:8601)

Boltek Holdings Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	22.58	28.06	28.23	18.47	20.23
Depreciation & Amortization	4.66	5.52	5.68	5.51	4.82
Provision & Write-off of Bad Debts	1.41	1.18	0.53	0.38	-0.37
Other Operating Activities	-2.19	-3.32	-1.32	-0.91	-0.43
Change in Accounts Receivable	-6.5	-17.97	-26.9	-12.35	-7.66
Change in Accounts Payable	-0.14	6.94	2.38	0.91	2.75
Change in Unearned Revenue	0.02	-0.05	0.13	0.01	0.01
Change in Other Net Operating Assets	0.04	-2.8	-6.43	7.17	2.27
Operating Cash Flow	19.88	17.55	2.29	19.2	21.61
Operating Cash Flow Growth	13.26%	667.38%	-88.09%	-11.19%	17.90%
Capital Expenditures	-0.41	-1.04	-2.23	-1.55	-0.7
Cash Acquisitions	-	-	-2.46	-	-
Investment in Securities	-	-	56.82	-10.06	-46.75
Other Investing Activities	0.62	1.64	3.11	1.23	0.27
Investing Cash Flow	0.2	0.6	55.24	-10.38	-47.19
Long-Term Debt Repaid	-3.42	-3.75	-3.91	-3.85	-3.42
Net Debt Issued (Repaid)	-3.42	-3.75	-3.91	-3.85	-3.42
Common Dividends Paid	-10	-45	-65	-	-
Other Financing Activities	-0.21	-0.4	-0.24	-0.09	-0.08
Financing Cash Flow	-13.63	-49.15	-69.15	-3.94	-3.5
Net Cash Flow	6.45	-31.01	-11.62	4.88	-29.07
Free Cash Flow	19.46	16.51	0.06	17.65	20.91
Free Cash Flow Growth	17.87%	27888.14%	-99.67%	-15.63%	28.06%
Free Cash Flow Margin	10.42%	8.82%	0.03%	11.82%	16.10%
Free Cash Flow Per Share	0.02	0.02	-	0.02	0.03
Cash Interest Paid	0.21	0.4	0.24	0.09	0.08
Cash Income Tax Paid	5.97	6.23	2.52	4.32	3.84
Levered Free Cash Flow	13.27	7.67	-8.81	8.08	15.09
Unlevered Free Cash Flow	13.4	7.92	-8.66	8.13	15.14
Change in Working Capital	-6.58	-13.88	-30.83	-4.26	-2.64

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