HKG:9918 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	-31.18	72.23	1.25	15.13	20.12
Depreciation & Amortization	37.53	36.84	41	39.25	34.02
Other Amortization	0.31	0.35	0.5	0.79	1.66
Loss (Gain) From Sale of Assets	0.45	0.1	2.06	0.15	2.33
Loss (Gain) From Sale of Investments	-23.96	-19.23	29.36	13.09	-
Loss (Gain) on Equity Investments	-	0.01	-	2	-
Provision & Write-off of Bad Debts	-0.93	0.95	-0.67	6.54	0.39
Other Operating Activities	12.64	15.26	30.54	13.96	13.27
Change in Accounts Receivable	128.97	18.58	70.81	-104.33	-34.99
Change in Inventory	23.12	16.07	-10.01	46	-144.4
Change in Accounts Payable	-82.15	22.87	-69.25	68.67	144.42
Change in Unearned Revenue	-	-	-	-0.91	1.65
Change in Other Net Operating Assets	-0.18	-0.03	-3.78	-12.36	-4.14
Operating Cash Flow	64.61	164.03	91.8	88	34.32
Operating Cash Flow Growth	-60.61%	78.68%	4.32%	156.38%	-28.95%
Capital Expenditures	-12.62	-13.84	-13.39	-14.09	-16.72
Sale of Property, Plant & Equipment	0.06	0.04	1.54	0.02	0.83
Sale (Purchase) of Intangibles	-0.38	-0.01	-0.44	-0.56	-0.14
Investment in Securities	36.91	-48.59	-	-2	-
Other Investing Activities	50.28	4.27	14.44	-53.83	0.15
Investing Cash Flow	74.25	-58.12	2.15	-70.46	-15.88
Short-Term Debt Issued	248.69	721.75	910.27	905.89	873.14
Total Debt Issued	248.69	721.75	910.27	905.89	873.14
Short-Term Debt Repaid	-338.39	-826.65	-892.48	-880.45	-884.7
Long-Term Debt Repaid	-23.46	-21.65	-22.25	-23.32	-16.83
Total Debt Repaid	-361.84	-848.31	-914.73	-903.77	-901.53
Net Debt Issued (Repaid)	-113.16	-126.56	-4.46	2.12	-28.38
Common Dividends Paid	-	-	-5	-5	-10
Other Financing Activities	-9.08	-18.62	-19.96	-11.52	-7.57
Financing Cash Flow	-122.24	-145.18	-29.42	-14.4	-45.96
Foreign Exchange Rate Adjustments	0.27	0.03	0.22	-0.59	0.41
Net Cash Flow	16.89	-39.24	64.75	2.55	-27.1
Free Cash Flow	51.99	150.19	78.41	73.91	17.6
Free Cash Flow Growth	-65.38%	91.55%	6.08%	319.87%	-41.38%
Free Cash Flow Margin	6.08%	11.91%	6.39%	5.53%	1.68%
Free Cash Flow Per Share	0.52	1.50	0.78	0.74	0.18
Cash Interest Paid	9.08	18.62	19.96	11.52	7.57
Cash Income Tax Paid	3.7	19.33	-1.73	2.2	-0.16
Levered Free Cash Flow	71.41	119.47	51.26	56.11	9.36
Unlevered Free Cash Flow	76.96	131.77	63.74	63.31	14.09
Change in Working Capital	69.76	57.5	-12.23	-2.92	-37.45

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