KLSE:HENGYUAN Cash Flow Statement

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

Millions MYR. 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	-260.25	-357.56	-488.57	-157.64	82.67
Depreciation & Amortization	169.19	149.7	141.3	110.28	112.96
Other Amortization	1.31	2.3	2.61	5.29	2.86
Asset Writedown & Restructuring Costs	-	-	-	12.11	-
Provision & Write-off of Bad Debts	-	-	0.17	-	0.32
Other Operating Activities	160.89	83.89	208.87	-314.76	137.95
Change in Accounts Receivable	-36.08	375.59	457.35	-129.06	-620.04
Change in Inventory	-434.45	1,057	130.38	-12.29	-536.83
Change in Accounts Payable	742.05	-1,177	-477.21	502.63	1,044
Operating Cash Flow	342.67	134.1	-25.11	16.56	223.95
Operating Cash Flow Growth	155.53%	-	-	-92.61%	-48.49%
Capital Expenditures	-44.92	-98.31	-244.61	-150.11	-183.07
Sale (Purchase) of Intangibles	-	-0.21	-	-0.29	-0.04
Investing Cash Flow	-44.92	-98.51	-244.61	-150.4	-183.11
Long-Term Debt Issued	331.59	1,099	1,562	2,740	1,655
Long-Term Debt Repaid	-474.33	-1,381	-1,501	-1,848	-1,700
Net Debt Issued (Repaid)	-142.74	-281.95	60.79	892.22	-45.03
Issuance of Common Stock	232.45	-	-	-	-
Common Dividends Paid	-	-	-	-30	-12
Other Financing Activities	-153.88	-142.02	-16.85	-58.8	-85.1
Financing Cash Flow	-64.16	-423.97	43.94	803.42	-142.13
Foreign Exchange Rate Adjustments	-6.36	38.86	11.96	-20.51	1.98
Net Cash Flow	227.23	-349.52	-213.82	649.07	-99.31
Free Cash Flow	297.75	35.8	-269.72	-133.55	40.89
Free Cash Flow Growth	731.77%	-	-	-	-81.91%
Free Cash Flow Margin	2.26%	0.21%	-1.75%	-0.63%	0.34%
Free Cash Flow Per Share	0.78	0.11	-0.90	-0.45	0.14
Cash Interest Paid	154.44	141.93	109.33	63.05	32.98
Cash Income Tax Paid	-4.4	-	4.14	12.17	0.06
Levered Free Cash Flow	252.87	-144.41	-866.33	722.87	-38.33
Unlevered Free Cash Flow	348.9	-56.49	-795.16	755.36	-29.82
Change in Working Capital	271.52	255.77	110.52	361.29	-112.81

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