Changchun Gas Co,.Ltd Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	21.55	1.08	-33.16	-67.72	-98.62	24.49
Depreciation & Amortization	175.59	175.59	191	172.66	178.36	159.13
Other Amortization	-	-	3.17	-	-	-
Loss (Gain) on Sale of Assets	-11.88	-11.88	-31.36	-11.74	-0	-19.91
Loss (Gain) on Sale of Investments	1.34	1.34	-0.03	-10.25	-9.46	-8.69
Asset Writedown	0.66	0.66	2.15	4.57	1.97	-
Change in Accounts Receivable	-20.94	-20.94	38.13	-527.07	13.52	-51.38
Change in Inventory	-5.98	-5.98	-35.88	-47.65	56.1	2.2
Change in Accounts Payable	135.18	135.18	23.61	451.44	-73.55	11.13
Other Operating Activities	-42.76	64.96	80.07	100.57	95.34	98.75
Operating Cash Flow	262.06	349.31	250.45	55.13	143.68	241.47
Operating Cash Flow Growth	12.52%	39.47%	354.26%	-61.63%	-40.49%	400.54%
Capital Expenditures	-72.84	-88.78	-167.72	-113.11	-193.69	-178.64
Sale of Property, Plant & Equipment	-7.85	3.01	1.79	0.31	0.05	35.75
Investment in Securities	1.97	1.97	-	-	-	-
Investing Cash Flow	-78.72	-83.8	-165.94	-112.79	-193.64	-142.89
Long-Term Debt Issued	-	2,207	2,042	3,452	1,564	2,061
Long-Term Debt Repaid	-	-2,280	-2,061	-3,055	-1,333	-2,066
Net Debt Issued (Repaid)	27.79	-72.87	-18.78	396.98	231.01	-4.43
Issuance of Common Stock	-	-	6.5	-	-	-
Common Dividends Paid	-76.92	-82.18	-87.14	-92.39	-85.16	-94.63
Other Financing Activities	-	-	-	-	-	2.02
Financing Cash Flow	-49.13	-155.04	-99.41	304.6	145.85	-97.04
Net Cash Flow	134.2	110.47	-14.9	246.94	95.89	1.53
Free Cash Flow	189.22	260.53	82.72	-57.97	-50.01	62.82
Free Cash Flow Growth	409.78%	214.94%	-	-	-	-
Free Cash Flow Margin	7.62%	10.58%	3.59%	-2.51%	-2.64%	3.50%
Free Cash Flow Per Share	0.21	0.29	0.13	-0.09	-0.08	0.10
Cash Income Tax Paid	77.91	77.25	89.01	52.32	37.74	62.83
Levered Free Cash Flow	-285.93	-472.14	677.67	-236.94	3.46	196.1
Unlevered Free Cash Flow	-285.93	-472.14	733.77	-175.98	62.71	255.92
Change in Working Capital	117.55	117.55	35.82	-144.98	-37.61	-16.45

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