Hengyuan Refining Company Berhad (KLSE:HENGYUAN)

KLSE:HENGYUAN Cash Flow Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-529.17	-357.56	-488.57	-157.64	82.67	250.98
Depreciation & Amortization	154.16	149.7	141.3	110.28	112.96	116.65
Other Amortization	2.3	2.3	2.61	5.29	2.86	2.87
Asset Writedown & Restructuring Costs	-	-	-	12.11	-	0.08
Provision & Write-off of Bad Debts	-	-	0.17	-	0.32	26.19
Other Operating Activities	82.69	83.89	208.87	-314.76	137.95	34.37
Change in Accounts Receivable	353.06	375.59	457.35	-129.06	-620.04	159.29
Change in Inventory	-75.55	1,057	130.38	-12.29	-536.83	411.29
Change in Accounts Payable	206.21	-1,177	-477.21	502.63	1,044	-566.95
Operating Cash Flow	193.71	134.1	-25.11	16.56	223.95	434.77
Operating Cash Flow Growth	-59.11%	-	-	-92.61%	-48.49%	-65.47%
Capital Expenditures	-91.88	-98.31	-244.61	-150.11	-183.07	-208.74
Sale (Purchase) of Intangibles	-0.21	-0.21	-	-0.29	-0.04	-1.07
Investing Cash Flow	-92.09	-98.51	-244.61	-150.4	-183.11	-209.81
Long-Term Debt Issued	-	1,099	1,562	2,740	1,655	980.61
Long-Term Debt Repaid	-	-1,381	-1,501	-1,848	-1,700	-1,564
Net Debt Issued (Repaid)	-16.29	-281.95	60.79	892.22	-45.03	-583.06
Common Dividends Paid	-	-	-	-30	-12	-
Other Financing Activities	-141.84	-142.02	-16.85	-58.8	-85.1	0.73
Financing Cash Flow	-158.12	-423.97	43.94	803.42	-142.13	-582.33
Foreign Exchange Rate Adjustments	30.56	38.86	11.96	-20.51	1.98	4.43
Net Cash Flow	-25.94	-349.52	-213.82	649.07	-99.31	-352.95
Free Cash Flow	101.83	35.8	-269.72	-133.55	40.89	226.03
Free Cash Flow Growth	-55.58%	-	-	-	-81.91%	-69.81%
Free Cash Flow Margin	0.70%	0.21%	-1.75%	-0.63%	0.34%	3.15%
Free Cash Flow Per Share	0.34	0.12	-0.90	-0.45	0.14	0.75
Cash Interest Paid	141.93	141.93	109.33	63.05	32.98	44.49
Cash Income Tax Paid	-	-	4.14	12.17	0.06	0.16
Levered Free Cash Flow	113.24	-144.41	-866.33	722.87	-38.33	127.55
Unlevered Free Cash Flow	202.14	-56.49	-795.16	755.36	-29.82	141.2
Change in Working Capital	483.73	255.77	110.52	361.29	-112.81	3.63

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.