SHA:600639 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	1,002	1,819	1,584	1,623
Depreciation & Amortization	546.81	511.16	520.82	512.09
Other Amortization	18.2	11.05	4.42	5.41
Gain (Loss) on Sale of Assets	-0.03	-0.02	-0.03	0.04
Gain (Loss) on Sale of Investments	-908.18	-59.98	-121.05	-120.49
Asset Writedown	0.07	1.02	0.03	0.07
Change in Accounts Receivable	503.38	-283.22	750.45	738.11
Change in Other Net Operating Assets	-599.21	-1,772	-835.97	-2,907
Other Operating Activities	477.64	415.85	306.64	283.6
Operating Cash Flow	-1,199	-6,703	-2,532	1,082
Operating Cash Flow Growth	-	-	-	-66.90%
Acquisition of Real Estate Assets	-56.53	-27.1	-7.75	-12.41
Sale of Real Estate Assets	0.63	0.03	0.04	0.04
Net Sale / Acq. of Real Estate Assets	-55.91	-27.07	-7.7	-12.37
Investment in Marketable & Equity Securities	-1,839	999.45	2,286	-608.15
Other Investing Activities	37.23	305.07	68.71	107.35
Investing Cash Flow	-754.21	1,277	2,347	-513.18
Long-Term Debt Issued	9,443	11,493	7,773	4,708
Total Debt Issued	9,443	11,493	7,773	4,708
Long-Term Debt Repaid	-4,737	-6,534	-6,359	-4,514
Total Debt Repaid	-4,737	-6,534	-6,359	-4,514
Net Debt Issued (Repaid)	4,706	4,960	1,414	193.92
Issuance of Common Stock	119.05	440	-	-
Common Dividends Paid	-1,185	-940.82	-910.06	-675.53
Other Financing Activities	-146.13	641.03	145.28	-1.65
Foreign Exchange Rate Adjustments	0.14	0.1	0.24	-0.04
Net Cash Flow	1,541	-325.56	465.15	85.24
Cash Income Tax Paid	919.59	725.97	2,303	549.75
Levered Free Cash Flow	-300.76	-7,301	-7,343	4,759
Unlevered Free Cash Flow	6.08	-7,032	-7,135	4,963
Change in Working Capital	-2,330	-9,423	-4,832	-1,294

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