China Everbright Water Cash Flow Statement

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

Millions HKD. 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	842.48	1,020	1,187	1,011	1,200
Depreciation & Amortization	236.05	208.55	211.09	252.64	120.44
Other Amortization	-	1.57	1.38	1.26	1.6
Loss (Gain) on Sale of Assets	0.07	0.63	2.83	0.09	10.35
Loss (Gain) on Sale of Investments	-0.57	-7.5	32.8	15.79	57.61
Loss (Gain) on Equity Investments	2.22	6.49	-3.27	-11.23	6.76
Asset Writedown	-	-	-	14.23	-
Change in Accounts Receivable	-632.9	-2,228	-2,999	-2,586	-3,109
Change in Inventory	-38.34	0.28	26.13	-22.34	34.25
Change in Accounts Payable	-12.96	113.63	116.26	-61.04	125.61
Other Operating Activities	640.74	661.05	700.28	515.17	777.6
Operating Cash Flow	1,123	-57.94	-528.78	-639.63	-669.14
Capital Expenditures	-32.02	-85.91	-54.08	-116.98	-29.74
Sale of Property, Plant & Equipment	0	0.31	0.23	0.48	0.71
Cash Acquisitions	-	-	-	-9.61	-794.62
Sale (Purchase) of Intangibles	-312.67	-295.63	-1.64	-255.75	-482.21
Investment in Securities	63.81	71.27	12.18	-0.39	147
Other Investing Activities	8.29	13.53	26.66	28.3	22
Investing Cash Flow	-272.6	-296.43	-16.64	-353.94	-1,137
Short-Term Debt Issued	-	-	1,153	2,384	962.32
Long-Term Debt Issued	5,266	8,200	8,131	5,717	6,860
Total Debt Issued	5,266	8,200	9,284	8,101	7,823
Short-Term Debt Repaid	-	-	-2,226	-1,156	-962.32
Long-Term Debt Repaid	-4,821	-6,986	-6,515	-5,113	-3,795
Total Debt Repaid	-4,821	-6,986	-8,741	-6,269	-4,757
Net Debt Issued (Repaid)	444.99	1,214	542.55	1,832	3,065
Issuance of Common Stock	757.96	-	-	806.98	-
Repurchase of Common Stock	-809.41	-	-	-	-
Common Dividends Paid	-366.79	-367.29	-362.28	-356.36	-338.55
Other Financing Activities	-519.39	-488.25	-559.56	-497.31	-404.93
Financing Cash Flow	-492.64	358.23	-379.29	1,785	2,322
Foreign Exchange Rate Adjustments	55.27	-37.34	-58.37	-227.82	62.44
Net Cash Flow	413.29	-33.48	-983.08	563.99	578.15
Free Cash Flow	1,091	-143.85	-582.86	-756.61	-698.89
Free Cash Flow Margin	20.38%	-2.10%	-8.69%	-11.25%	-10.11%
Free Cash Flow Per Share	0.38	-0.05	-0.20	-0.26	-0.24
Cash Interest Paid	-	536.48	550.68	504.27	380.94
Cash Income Tax Paid	-	281.83	242.5	251.04	199.6
Levered Free Cash Flow	-435.19	219.23	-487.56	-314.92	169.93
Unlevered Free Cash Flow	-132.24	557.4	-118.24	25.47	441.99
Change in Working Capital	-684.2	-2,114	-2,857	-2,669	-2,949

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.