Hang Lung Group Limited (HNLGF)

Hang Lung Group Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	1,613	2,811	2,718	2,589	-1,541
Depreciation & Amortization	117	88	78	62	48
Gain (Loss) on Sale of Assets	-17	1	4	-16	-1
Asset Writedown	1,197	62	352	-458	6,856
Stock-Based Compensation	74	83	88	66	55
Income (Loss) on Equity Investments	-159	-129	-153	12	291
Change in Accounts Receivable	224	58	-249	-263	-1,228
Change in Other Net Operating Assets	-392	619	-4	903	306
Other Operating Activities	2,399	3,002	2,626	3,556	-707
Operating Cash Flow	5,215	4,022	4,443	3,043	3,761
Operating Cash Flow Growth	29.66%	-9.48%	46.01%	-19.09%	-33.99%
Acquisition of Real Estate Assets	-3,284	-3,132	-2,721	-2,878	-3,125
Sale of Real Estate Assets	23	19	15	139	6
Net Sale / Acq. of Real Estate Assets	-3,261	-3,113	-2,706	-2,739	-3,119
Investment in Marketable & Equity Securities	87	119	-597	1,175	716
Other Investing Activities	102	149	100	124	195
Investing Cash Flow	-3,072	-2,845	-3,203	-1,440	-2,208
Long-Term Debt Issued	45,533	44,802	37,035	25,402	19,130
Long-Term Debt Repaid	-38,172	-39,958	-35,911	-18,772	-12,281
Net Debt Issued (Repaid)	7,361	4,844	1,124	6,630	6,849
Common Dividends Paid	-1,171	-1,171	-1,171	-1,144	-1,470
Other Financing Activities	-3,805	-4,239	-4,203	-3,667	-3,315
Foreign Exchange Rate Adjustments	-78	-53	-302	86	164
Net Cash Flow	4,450	558	-3,312	3,508	3,781
Cash Interest Paid	2,045	1,893	1,459	1,440	1,392
Cash Income Tax Paid	1,511	1,379	1,472	1,548	1,475
Levered Free Cash Flow	3,262	2,236	2,266	2,602	2,724
Unlevered Free Cash Flow	3,790	2,625	2,546	2,871	2,816
Change in Net Working Capital	172	1,961	2,041	1,767	1,088

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