HE Group Berhad Cash Flow Statement

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

Millions MYR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	12.84	13.68	10.96	6.17	4.13	1.7
Depreciation & Amortization	0.84	0.74	0.66	0.29	0.16	0.14
Loss (Gain) From Sale of Assets	-0.04	-0.04	-	-	-	-
Asset Writedown & Restructuring Costs	-	-	-	-0.16	-	-
Loss (Gain) From Sale of Investments	-0.05	-0.08	0.08	-	0.06	-1.47
Provision & Write-off of Bad Debts	-0.46	-0.13	0.09	0.11	0.21	-0.01
Other Operating Activities	-2.61	-0.16	1.21	0.49	1.54	0.14
Change in Accounts Receivable	22.72	4.16	10.68	1.94	-36.08	1.07
Change in Inventory	0.4	-0.67	-1.21	-0.3	-0.31	-0.01
Change in Accounts Payable	-20.91	-3.68	-8.39	0.25	34.7	-7.72
Operating Cash Flow	12.73	13.82	14.06	8.79	4.42	-6.15
Operating Cash Flow Growth	161.62%	-1.67%	59.88%	98.82%	-	-
Capital Expenditures	-0.23	-0.37	-0.63	-0.3	-0.06	-0.01
Sale of Property, Plant & Equipment	0.08	0.08	4.32	-	-	-
Sale (Purchase) of Real Estate	-	-	-	-	-1.12	-
Investment in Securities	0.01	0.04	0.09	-	0.34	1.7
Other Investing Activities	2.6	1.8	-0.47	0.13	-4.37	0.44
Investing Cash Flow	2.46	1.55	3.31	-0.17	-5.21	2.12
Short-Term Debt Issued	-	-	2.45	17.1	11.25	-
Long-Term Debt Issued	-	-	1.09	0.29	-	0.5
Total Debt Issued	-	-	3.55	17.39	11.25	0.5
Short-Term Debt Repaid	-	-	-10.97	-13.96	-9.07	-1.26
Long-Term Debt Repaid	-	-0.91	-0.91	-0.32	-0.19	-0.08
Total Debt Repaid	-0.97	-0.91	-11.88	-14.28	-9.26	-1.33
Net Debt Issued (Repaid)	-0.97	-0.91	-8.33	3.11	1.99	-0.83
Issuance of Common Stock	0	24.33	0	-	-	-
Common Dividends Paid	-1.98	-1.76	-	-3	-0.5	-0.3
Other Financing Activities	-0	-1.82	-0.71	-0.84	-0.62	-0.4
Financing Cash Flow	-2.95	19.83	-9.04	-0.73	0.86	-1.54
Net Cash Flow	12.24	35.2	8.32	7.89	0.08	-5.56
Free Cash Flow	12.5	13.45	13.43	8.49	4.36	-6.16
Free Cash Flow Growth	182.31%	0.15%	58.23%	94.72%	-	-
Free Cash Flow Margin	9.61%	6.50%	6.58%	7.89%	4.34%	-19.63%
Free Cash Flow Per Share	0.03	0.03	0.04	0.02	4.36	-6.16
Cash Interest Paid	0.74	0.6	0.71	0.84	0.62	0.4
Cash Income Tax Paid	5.89	4.63	3.01	2.06	0.4	0.47
Levered Free Cash Flow	12.34	12.75	17.06	3.56	3.12	-
Unlevered Free Cash Flow	12.58	12.9	17.18	3.79	3.34	-
Change in Working Capital	2.21	-0.19	1.07	1.9	-1.69	-6.66

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.