Hongkong Land Holdings Cash Flow Statement

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

Millions USD. 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	1,263	-1,385	-582.3	202.7	-349.2
Depreciation & Amortization	14.1	12.7	16.5	17.5	16.3
Loss (Gain) From Sale of Assets	-142.9	14.2	-15.9	2.8	-37.6
Asset Writedown & Restructuring Costs	-514.2	1,888	1,324	559.3	1,376
Loss (Gain) on Equity Investments	143.7	-	-	-	-
Other Operating Activities	-591.1	-149.9	-318.9	-2.3	-170.5
Change in Accounts Receivable	-16.4	86.7	83	487.4	52.4
Change in Inventory	618.7	752.1	187.5	88.9	-991.6
Change in Accounts Payable	-190.9	-547.9	8.2	-498	633.3
Operating Cash Flow	584.4	670.6	701.6	858.3	528.6
Operating Cash Flow Growth	-12.85%	-4.42%	-18.26%	62.37%	-46.12%
Capital Expenditures	-164.2	-78.5	-85.3	-94.6	-98.9
Cash Acquisitions	-	13.8	-30.9	-14.5	-
Divestitures	539.7	-	29.3	-	5.7
Sale (Purchase) of Real Estate	368.2	15.5	-	-	-1.5
Investment in Securities	923.8	130.8	247.6	-617.6	-337.5
Investing Cash Flow	1,668	81.6	160.7	-726.7	-432.2
Short-Term Debt Issued	121.9	95.5	165	-	-
Long-Term Debt Issued	1,616	2,371	2,122	2,400	1,840
Total Debt Issued	1,738	2,467	2,287	2,400	1,840
Short-Term Debt Repaid	-16.2	-26.6	-56.5	-	-
Long-Term Debt Repaid	-1,743	-2,740	-2,573	-1,959	-1,767
Total Debt Repaid	-1,759	-2,767	-2,629	-1,959	-1,767
Net Debt Issued (Repaid)	-21.1	-300.1	-342.5	440.8	72.6
Issuance of Common Stock	44.2	-	-	-	-
Repurchase of Common Stock	-301.4	-	-83.2	-352.3	-191.9
Common Dividends Paid	-502.6	-478.2	-486.2	-503.7	-509.1
Other Financing Activities	-	-	-0.6	-0.5	-0.9
Financing Cash Flow	-780.9	-778.3	-912.5	-415.7	-629.3
Foreign Exchange Rate Adjustments	25.9	-18.9	-9.1	-20.5	18.6
Net Cash Flow	1,497	-45	-59.3	-304.6	-514.3
Free Cash Flow	420.2	592.1	616.3	763.7	429.7
Free Cash Flow Growth	-29.03%	-3.93%	-19.30%	77.73%	-49.57%
Free Cash Flow Margin	29.01%	29.57%	33.42%	34.03%	18.02%
Free Cash Flow Per Share	0.19	0.27	0.28	0.34	0.18
Cash Interest Paid	-	245.8	251.2	228.2	215.8
Cash Income Tax Paid	-	147.3	287.3	124.7	156.7
Levered Free Cash Flow	-1,717	228.83	775.7	431.59	47.48
Unlevered Free Cash Flow	-1,581	370.08	927.76	566.59	174.04
Change in Working Capital	411.4	290.9	278.7	78.3	-305.9

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