Boltek Holdings Cash Flow Statement

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

Millions HKD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	19.7	22.58	28.06	28.23	18.47	20.23
Depreciation & Amortization	4.66	4.66	5.52	5.68	5.51	4.82
Provision & Write-off of Bad Debts	1.41	1.41	1.18	0.53	0.38	-0.37
Other Operating Activities	-5.15	-2.19	-3.32	-1.32	-0.91	-0.43
Change in Accounts Receivable	-6.5	-6.5	-17.97	-26.9	-12.35	-7.66
Change in Accounts Payable	-0.14	-0.14	6.94	2.38	0.91	2.75
Change in Unearned Revenue	0.02	0.02	-0.05	0.13	0.01	0.01
Change in Other Net Operating Assets	0.04	0.04	-2.8	-6.43	7.17	2.27
Operating Cash Flow	14.04	19.88	17.55	2.29	19.2	21.61
Operating Cash Flow Growth	-21.48%	13.26%	667.38%	-88.09%	-11.19%	17.90%
Capital Expenditures	-0.41	-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	0.95	0.62	1.64	3.11	1.23	0.27
Investing Cash Flow	0.54	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	-3.42	-3.75	-3.91	-3.85	-3.42
Common Dividends Paid	-10	-10	-45	-65	-	-
Other Financing Activities	0.84	-0.21	-0.4	-0.24	-0.09	-0.08
Financing Cash Flow	-12.58	-13.63	-49.15	-69.15	-3.94	-3.5
Net Cash Flow	2	6.45	-31.01	-11.62	4.88	-29.07
Free Cash Flow	13.63	19.46	16.51	0.06	17.65	20.91
Free Cash Flow Growth	-19.11%	17.87%	27888.14%	-99.67%	-15.63%	28.06%
Free Cash Flow Margin	7.67%	10.42%	8.82%	0.03%	11.82%	16.10%
Free Cash Flow Per Share	0.02	0.02	0.02	-	0.02	0.03
Levered Free Cash Flow	10.37	13.27	7.67	-8.81	8.08	15.09
Unlevered Free Cash Flow	10.44	13.4	7.92	-8.66	8.13	15.14
Cash Interest Paid	0.21	0.21	0.4	0.24	0.09	0.08
Cash Income Tax Paid	5.97	5.97	6.23	2.52	4.32	3.84
Change in Working Capital	-6.58	-6.58	-13.88	-30.83	-4.26	-2.64