SGX:5DM Cash Flow Statement

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

Millions CNY. 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	6.44	-178.47	16.87	-341.2	-254.11
Depreciation & Amortization	4.28	4.28	4.26	4.65	3.47
Other Amortization	-	-	-	3.2	3.79
Loss (Gain) From Sale of Assets	-	4.39	-2.88	-0.04	0.25
Asset Writedown & Restructuring Costs	11.96	33	-278.79	44.93	1.97
Loss (Gain) From Sale of Investments	-	-	210	411.8	148
Provision & Write-off of Bad Debts	0.68	0.57	3.3	0.02	1.07
Other Operating Activities	30.01	183.11	143.05	-104.71	153.6
Change in Accounts Receivable	15.23	13.11	16.36	15.89	0.06
Change in Inventory	11.52	7.23	14.33	0.86	18.83
Change in Accounts Payable	-18.99	-14.36	26.74	-20.85	8.54
Change in Other Net Operating Assets	-	-	-	-7.9	0.81
Operating Cash Flow	61.13	52.86	153.24	6.65	86.29
Operating Cash Flow Growth	15.63%	-65.50%	2205.79%	-92.30%	-
Capital Expenditures	-0.07	-0.4	-0.22	-0.43	-0.23
Sale of Property, Plant & Equipment	-	0.03	-	0.4	0
Sale (Purchase) of Real Estate	-	46.94	4.52	-	-
Investing Cash Flow	-0.07	46.57	4.3	-0.03	-0.23
Long-Term Debt Issued	63	894.85	1,131	220.66	79.72
Long-Term Debt Repaid	-92.75	-1,123	-1,192	-292.53	-223.42
Net Debt Issued (Repaid)	-29.75	-228.48	-61.92	-71.86	-143.7
Other Financing Activities	-41.51	-58.06	58.41	-180.02	25.61
Financing Cash Flow	-71.26	-286.54	-3.51	-251.89	-118.1
Foreign Exchange Rate Adjustments	1.18	-0.96	0.89	2.69	-1.71
Net Cash Flow	-9.02	-188.07	154.93	-242.58	-33.75
Free Cash Flow	61.06	52.46	153.02	6.22	86.05
Free Cash Flow Growth	16.39%	-65.72%	2362.17%	-92.78%	-
Free Cash Flow Margin	30.48%	26.22%	73.39%	3.74%	37.61%
Free Cash Flow Per Share	0.02	0.02	0.04	0.00	0.03
Cash Interest Paid	-	79.95	148.92	134.6	130.55
Cash Income Tax Paid	-	0.01	0	0.08	0.21
Levered Free Cash Flow	-47.38	-5.85	-24.07	-739.97	320.77
Unlevered Free Cash Flow	37.49	86.55	73.68	-653.64	404.56
Change in Working Capital	7.75	5.98	57.43	-12	28.25

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