Qingdao Citymedia 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	-397.2	84.86	407.77	335.93	278.47
Depreciation & Amortization	91.24	88.34	91.42	89.76	89.77
Other Amortization	4.99	8.78	4.38	5.27	6.16
Loss (Gain) From Sale of Assets	-3.73	0.01	-104.06	-0.08	-
Asset Writedown & Restructuring Costs	328.38	-0.26	0.4	0.06	1.61
Loss (Gain) From Sale of Investments	1.21	-5.69	0.98	-28.43	2.73
Provision & Write-off of Bad Debts	-	28.65	23.06	15.28	6.67
Other Operating Activities	29.99	39.76	27.46	30.28	47.57
Change in Accounts Receivable	12.88	-71.69	49.7	-153.74	52.75
Change in Inventory	83.35	-57.35	-142.02	-32.48	-30.84
Change in Accounts Payable	-52.58	-19.75	60.11	76.04	-10.38
Change in Other Net Operating Assets	-	-34.96	-	-	-
Operating Cash Flow	97.8	120.14	357.1	338.05	444.76
Operating Cash Flow Growth	-18.59%	-66.36%	5.64%	-23.99%	40.95%
Capital Expenditures	-23.84	-9.98	-19.46	-16.37	-54.73
Sale of Property, Plant & Equipment	3.43	0.1	0.21	0.13	0.21
Cash Acquisitions	-	-	-	0.02	-
Investment in Securities	0.18	12.61	30.75	-30.39	12.59
Other Investing Activities	-	-	0.49	1.24	5.21
Investing Cash Flow	-20.22	2.73	12	-45.36	-36.73
Long-Term Debt Issued	0.1	-	-	-	-
Total Debt Issued	0.1	-	-	-	-
Long-Term Debt Repaid	-	-12.45	-13.24	-37.73	-286.5
Total Debt Repaid	-	-12.45	-13.24	-37.73	-286.5
Net Debt Issued (Repaid)	0.1	-12.45	-13.24	-37.73	-286.5
Repurchase of Common Stock	-	-	-	-151.27	-134.35
Common Dividends Paid	-46.25	-178.39	-132.14	-111.54	-118.21
Other Financing Activities	-16.28	-0.86	-0.38	-0.09	2.33
Financing Cash Flow	-62.44	-191.7	-145.75	-300.63	-536.73
Foreign Exchange Rate Adjustments	0	0	0	-	-
Net Cash Flow	15.14	-68.83	223.34	-7.95	-128.7
Free Cash Flow	73.96	110.16	337.64	321.68	390.03
Free Cash Flow Growth	-32.86%	-67.37%	4.96%	-17.52%	55.77%
Free Cash Flow Margin	3.73%	4.53%	12.54%	12.59%	16.15%
Free Cash Flow Per Share	0.11	0.17	0.51	0.49	0.56
Cash Income Tax Paid	30.35	34.92	36.7	42.14	32.29
Levered Free Cash Flow	164.55	3.36	226.88	212.08	187.74
Unlevered Free Cash Flow	164.55	4.21	228.01	213.32	196.46
Change in Working Capital	42.92	-124.32	-94.31	-110.02	11.79

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