Chongqing Brewery 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	1,115	1,337	1,264	1,166
Depreciation & Amortization	527.79	514.82	504.41	451.83
Other Amortization	48.13	-	-	-
Loss (Gain) From Sale of Assets	-1.18	2.25	-2	-1.84
Asset Writedown & Restructuring Costs	12.38	21.46	7.22	16.05
Loss (Gain) From Sale of Investments	-80.2	-66.78	-67.95	-59.19
Provision & Write-off of Bad Debts	3.04	1.71	-2.46	-0.85
Other Operating Activities	1,228	1,464	1,406	1,322
Change in Accounts Receivable	20.32	-67.66	23.26	-125.14
Change in Inventory	-268.58	-111.79	-453.83	-634.85
Change in Accounts Payable	-31.43	-16.63	757.47	1,634
Operating Cash Flow	2,542	3,097	3,753	3,565
Operating Cash Flow Growth	-17.92%	-17.47%	5.27%	-3.39%
Capital Expenditures	-1,073	-919.4	-912.82	-725.34
Sale of Property, Plant & Equipment	1.67	3.34	11.98	9.14
Cash Acquisitions	-	2.52	-	-
Investment in Securities	374.46	-356.06	512.41	-435.96
Other Investing Activities	63.68	218.63	0.34	0.4
Investing Cash Flow	-633.43	-1,051	-388.09	-1,152
Short-Term Debt Repaid	-	-17	-	-242.9
Long-Term Debt Repaid	-62.56	-38.94	-33.73	-913.92
Total Debt Repaid	-62.56	-55.94	-33.73	-1,157
Net Debt Issued (Repaid)	-62.56	-55.94	-33.73	-1,157
Common Dividends Paid	-2,081	-1,258	-967.94	-12.18
Other Financing Activities	-1,384	-1,428	-1,132	-844.68
Financing Cash Flow	-3,528	-2,743	-2,133	-2,014
Net Cash Flow	-1,619	-696.73	1,231	399.36
Free Cash Flow	1,469	2,178	2,840	2,839
Free Cash Flow Growth	-32.55%	-23.32%	0.01%	-9.27%
Free Cash Flow Margin	10.03%	14.70%	20.23%	21.64%
Free Cash Flow Per Share	3.03	4.50	5.87	5.87
Cash Income Tax Paid	2,592	2,710	2,322	2,349
Levered Free Cash Flow	745.3	1,471	1,707	2,526
Unlevered Free Cash Flow	750.1	1,475	1,709	2,535
Change in Working Capital	-310.5	-177.35	643.94	670.65

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