Xinjiang Tianfu Energy 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	224.66	230.09	248.44	430.9	-198.66	-44.83
Depreciation & Amortization	1,452	1,452	1,336	1,193	1,188	1,168
Other Amortization	5.49	5.49	19.88	10.94	19.38	38.33
Loss (Gain) on Sale of Assets	22.3	22.3	-0.66	-0.73	7.29	-25.03
Loss (Gain) on Sale of Investments	41.52	41.52	17.45	-6.58	33.98	3.83
Asset Writedown	14.03	14.03	68.28	-0.24	11.65	21.65
Change in Accounts Receivable	1,869	1,869	-1,078	-123.98	-950.04	-238.3
Change in Inventory	173.54	173.54	-3.55	-165.69	262.7	-182.25
Change in Accounts Payable	-2,943	-2,943	513.14	234.99	99.87	-383.87
Change in Other Net Operating Assets	14.89	14.89	35.98	9.06	-2.52	2.37
Other Operating Activities	625.89	380.01	452.42	495.1	412.9	448.29
Operating Cash Flow	1,928	1,687	1,876	2,227	920.87	826.04
Operating Cash Flow Growth	3.30%	-10.09%	-15.75%	141.86%	11.48%	-32.86%
Capital Expenditures	-1,381	-1,191	-4,726	-1,901	-500.57	-377.35
Sale of Property, Plant & Equipment	17.5	7.3	3.14	88.01	43.78	47.2
Cash Acquisitions	146.46	-	-	-43.63	-	-
Investment in Securities	-1	-4	-	-	-5.94	-377.8
Other Investing Activities	-	-	-	1.14	-	-
Investing Cash Flow	-1,218	-1,188	-4,723	-1,856	-462.73	-707.95
Long-Term Debt Issued	-	5,052	8,673	6,288	4,504	4,864
Total Debt Issued	4,320	5,052	8,673	6,288	4,504	4,864
Long-Term Debt Repaid	-	-5,918	-5,493	-7,119	-4,549	-4,662
Total Debt Repaid	-5,968	-5,918	-5,493	-7,119	-4,549	-4,662
Net Debt Issued (Repaid)	-1,648	-865.79	3,180	-831.2	-45.47	202.24
Issuance of Common Stock	2,079	2,117	892.13	1,482	-	-
Repurchase of Common Stock	-	-	-24	-	-	-
Common Dividends Paid	-545.1	-544.32	-639.19	-450.23	-494.08	-511.55
Other Financing Activities	-777.52	-700.35	-119.7	-716.2	-	-36.46
Financing Cash Flow	-891.65	6.31	3,289	-515.63	-539.54	-345.77
Net Cash Flow	-182.25	505.21	443.11	-144.31	-81.4	-227.69
Free Cash Flow	546.44	495.6	-2,849	325.79	420.3	448.68
Free Cash Flow Growth	-	-	-	-22.49%	-6.33%	-45.44%
Free Cash Flow Margin	6.58%	5.91%	-30.74%	3.43%	5.16%	6.35%
Free Cash Flow Per Share	-	0.36	-2.07	0.26	0.36	0.39
Cash Income Tax Paid	-	-	343.29	420.05	320.67	349.59
Levered Free Cash Flow	-195.41	782.46	-2,964	-18.15	353.43	-1,242
Unlevered Free Cash Flow	38.61	1,027	-2,716	259.9	657.55	-930.73
Change in Working Capital	-954.63	-954.63	-607.43	-75.94	-599.16	-809.69

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Utility template. Financial Sources.