China Kangda Food Company Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-21.47	-8.35	-15.42	-40.62
Depreciation & Amortization	70.7	68.87	70.12	70.9
Loss (Gain) From Sale of Assets	1.2	1.77	-8.34	16.12
Asset Writedown & Restructuring Costs	11.03	-1.17	33.52	-6.68
Provision & Write-off of Bad Debts	-5.73	-	4.48	-0.95
Other Operating Activities	3.12	-10.96	-11.33	-11.99
Change in Accounts Receivable	6.48	69.38	-46.27	-33.02
Change in Inventory	-3.84	49.64	-37.83	20.54
Change in Accounts Payable	-144.38	246.93	-60.37	78.4
Change in Unearned Revenue	6.49	-10.92	4	2.9
Change in Other Net Operating Assets	-2.41	-10.26	-13.78	-24.78
Operating Cash Flow	-78.81	394.92	-81.21	70.83
Operating Cash Flow Growth	-	-	-	-15.65%
Capital Expenditures	-22.43	-22.96	-24.5	-23.22
Sale of Property, Plant & Equipment	4.04	1.59	1.29	1.8
Divestitures	-	-	24.07	1
Other Investing Activities	137.07	-206.59	-2.25	27.81
Investing Cash Flow	116.21	-245.48	-1.39	7.39
Short-Term Debt Issued	5.01	58.83	15.42	17
Long-Term Debt Issued	200.5	318	290	120.7
Total Debt Issued	205.51	376.83	305.42	137.7
Short-Term Debt Repaid	-21.21	-	-43.04	-2.87
Long-Term Debt Repaid	-286.2	-429.98	-120.94	-282.07
Total Debt Repaid	-307.41	-429.98	-163.98	-284.94
Net Debt Issued (Repaid)	-101.9	-53.15	141.44	-147.24
Issuance of Common Stock	4.48	-	-	-
Financing Cash Flow	-97.42	-53.15	141.44	-147.24
Foreign Exchange Rate Adjustments	-0.09	0.08	0.47	-1.12
Miscellaneous Cash Flow Adjustments	10.01	-10.01	-	-
Net Cash Flow	-50.1	86.37	59.32	-70.14
Free Cash Flow	-101.23	371.97	-105.71	47.61
Free Cash Flow Growth	-	-	-	1492.94%
Free Cash Flow Margin	-6.13%	22.44%	-6.05%	3.13%
Free Cash Flow Per Share	-0.23	0.84	-0.24	0.11
Cash Interest Paid	9.33	12.3	13.16	10.9
Cash Income Tax Paid	-0.48	1.9	-0.33	0.46
Levered Free Cash Flow	60.35	123.09	-147.24	64.21
Unlevered Free Cash Flow	70.91	134.36	-137.76	71.95
Change in Working Capital	-137.65	344.76	-154.24	44.04

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.