Weidai Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017
Net Income	-1,141	-712.57	253.61	601.62	474.82
Depreciation & Amortization	17.14	29.43	42.59	42.43	12.75
Loss (Gain) From Sale of Assets	0.14	0.4	1.72	7.31	-
Asset Writedown & Restructuring Costs	-	5.81	-	-	-
Loss (Gain) From Sale of Investments	0.24	-	-	0.96	-
Stock-Based Compensation	10.26	6.09	64.8	106.57	40.72
Other Operating Activities	458.17	329.31	-235.33	3.01	-
Change in Unearned Revenue	-123.78	-287.73	105.75	6.73	-1.08
Change in Income Taxes	-6.63	5.54	166.42	-172.66	131.89
Change in Other Net Operating Assets	-64.7	-1,517	-752.4	38.46	1,266
Operating Cash Flow	-42.54	-1,337	887.11	1,215	2,284
Operating Cash Flow Growth	-	-	-26.97%	-46.82%	147.09%
Capital Expenditures	-4.34	-7.72	-22.36	-32.61	-62.37
Cash Acquisitions	-	-	-	3.55	-
Investment in Securities	-158.57	-	3.86	349.44	-354.5
Investing Cash Flow	-189.36	24.05	-922.05	-6.47	-2,942
Short-Term Debt Issued	-	-	-	-	200
Long-Term Debt Issued	-	-	-	3,399	4,627
Total Debt Issued	-	-	-	3,399	4,827
Short-Term Debt Repaid	-	-	-	-200	-
Long-Term Debt Repaid	-37.58	-296.99	-1,115	-4,194	-2,587
Total Debt Repaid	-37.58	-296.99	-1,115	-4,394	-2,587
Net Debt Issued (Repaid)	-37.58	-296.99	-1,115	-994.45	2,240
Issuance of Common Stock	-	-	-	302.67	-
Preferred Dividends Paid	-	-	-	-	-8.6
Common Dividends Paid	-	-	-	-	-23.62
Dividends Paid	-	-	-	-	-32.23
Other Financing Activities	-	-1.1	-15.17	4.9	-2
Financing Cash Flow	-37.58	-298.09	-1,130	-686.88	2,206
Foreign Exchange Rate Adjustments	-	-	0.19	-2.7	-
Net Cash Flow	-269.49	-1,611	-1,165	518.72	1,548
Free Cash Flow	-46.89	-1,345	864.75	1,182	2,222
Free Cash Flow Growth	-	-	-26.85%	-46.79%	154.77%
Free Cash Flow Margin	-6.68%	-91.75%	26.04%	29.73%	65.70%
Free Cash Flow Per Share	-3.33	-95.42	61.37	116.00	215.84
Cash Interest Paid	-	-	50.61	161.74	43.52
Cash Income Tax Paid	2.77	-27.12	255.31	494.93	219.99
Levered Free Cash Flow	-238.11	471.43	367.31	259.41	-1,027
Unlevered Free Cash Flow	-237.55	485.17	398.94	360.5	-999.5

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