Fujian Funeng Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	3,009	2,793	2,623	2,595	1,359	1,495
Depreciation & Amortization	1,815	1,815	1,890	1,602	1,298	1,126
Other Amortization	7.83	7.83	2.27	1.64	1.22	1.9
Loss (Gain) on Sale of Assets	-10.45	-10.45	-2.49	-10.89	-3.57	-12.16
Loss (Gain) on Sale of Investments	-1,214	-1,214	-1,240	-1,301	-599.07	-478.83
Asset Writedown	42.59	42.59	4.61	103.67	58.24	197.35
Change in Accounts Receivable	-598	-598	-250.84	-1,017	-247.74	-1,002
Change in Inventory	74.49	74.49	26.9	-170.16	-79.73	-38.79
Change in Accounts Payable	477.06	477.06	289.56	68.26	-164.49	451.16
Other Operating Activities	1,397	1,250	1,230	1,359	841.6	599.31
Operating Cash Flow	5,048	4,685	4,625	3,277	2,383	2,262
Operating Cash Flow Growth	-1.72%	1.29%	41.14%	37.54%	5.35%	-16.54%
Capital Expenditures	-3,836	-3,243	-2,076	-1,831	-6,448	-4,779
Sale of Property, Plant & Equipment	13.85	14.33	7.34	19.08	13.5	25.48
Cash Acquisitions	-	-	4.42	-	-34.9	31.63
Divestitures	-	-	-	-	15.22	-
Investment in Securities	-448.74	-420.76	-329.23	-202.97	-2,752	-859.23
Other Investing Activities	1,636	1,059	818.81	393.43	600.25	412.43
Investing Cash Flow	-2,635	-2,590	-1,574	-1,621	-8,606	-5,169
Long-Term Debt Issued	-	2,855	4,516	3,991	12,666	3,681
Long-Term Debt Repaid	-	-3,704	-4,751	-3,390	-5,007	-3,608
Net Debt Issued (Repaid)	493.34	-849.01	-234.31	600.32	7,659	72.86
Issuance of Common Stock	-	-	-	-	367.5	-
Common Dividends Paid	-1,431	-1,310	-1,393	-999.51	-1,110	-845.69
Other Financing Activities	-360.67	-149.35	433.77	-202.39	121.6	1,025
Financing Cash Flow	-1,298	-2,308	-1,194	-601.58	7,038	251.88
Foreign Exchange Rate Adjustments	0.23	0.25	0.3	0.78	-0.23	-1.47
Net Cash Flow	1,115	-212.91	1,858	1,055	814.27	-2,657
Free Cash Flow	1,212	1,442	2,550	1,446	-4,066	-2,518
Free Cash Flow Growth	-47.73%	-43.44%	76.30%	-	-	-
Free Cash Flow Margin	8.59%	9.90%	17.35%	10.10%	-33.45%	-26.34%
Free Cash Flow Per Share	0.43	0.52	0.94	0.54	-1.47	-1.06
Cash Income Tax Paid	1,280	972.14	791.14	493.3	657.61	603.23
Levered Free Cash Flow	-742.21	-887.84	-246.27	593.99	-5,722	-1,384
Unlevered Free Cash Flow	-472.71	-541.46	161.49	1,011	-5,382	-1,083
Change in Working Capital	-9.48	-9.48	116.07	-1,087	-573.86	-668.75

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