Huadian Energy Company 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	-20.04	165.52	-90.98	-1,016	-923.9	-1,107
Depreciation & Amortization	1,981	1,981	1,897	1,943	1,859	1,525
Other Amortization	164.35	164.35	78.53	106.63	124.01	1.11
Loss (Gain) on Sale of Assets	-10.94	-10.94	-178.39	-4.41	-0.07	-0.92
Loss (Gain) on Sale of Investments	-14.42	-14.42	6.5	-232.15	373.26	-34.22
Asset Writedown	65.6	65.6	5.78	385.6	15.74	-0.33
Change in Accounts Receivable	-57.7	-57.7	519.21	62.12	-138.26	-29.9
Change in Inventory	-262.34	-262.34	127.43	462.65	-578.48	-164.38
Change in Accounts Payable	-724.05	-724.05	-768.74	270.38	1,746	323.98
Other Operating Activities	124.78	1,626	1,879	2,453	2,765	781.67
Operating Cash Flow	1,293	2,980	3,425	4,454	5,260	1,307
Operating Cash Flow Growth	-68.33%	-12.98%	-23.10%	-15.34%	302.42%	-20.19%
Capital Expenditures	-2,871	-2,534	-839.15	-1,937	-1,699	-477.18
Sale of Property, Plant & Equipment	1.63	123.42	247.95	4.98	0.79	3.74
Divestitures	-	-	7.35	-	-	-
Investment in Securities	-8.99	-29.01	10.16	1,243	-25.62	-4.06
Other Investing Activities	52.04	3.4	3.78	2.73	-13.48	3.41
Investing Cash Flow	-2,827	-2,436	-569.92	-686.28	-1,737	-474.1
Long-Term Debt Issued	-	13,515	9,273	13,481	10,054	13,709
Long-Term Debt Repaid	-	-12,357	-12,299	-17,566	-8,308	-13,749
Net Debt Issued (Repaid)	4,131	1,158	-3,026	-4,085	1,746	-39.18
Issuance of Common Stock	-	-	-	2,677	-	-
Common Dividends Paid	-418.02	-435.76	-482.54	-784.06	-1,449	-761.37
Other Financing Activities	-1,077	-1,292	-1,755	-1,844	-905.39	-0.07
Financing Cash Flow	2,636	-569.79	-5,263	-4,037	-607.68	-800.62
Net Cash Flow	1,103	-25.81	-2,408	-269.5	2,916	32.43
Free Cash Flow	-1,578	446.16	2,586	2,516	3,562	829.97
Free Cash Flow Growth	-	-82.74%	2.75%	-29.35%	329.14%	86.99%
Free Cash Flow Margin	-9.47%	2.46%	13.72%	13.33%	18.83%	7.78%
Free Cash Flow Per Share	-0.17	0.05	0.28	1.29	1.81	0.42
Cash Income Tax Paid	1,856	2,604	2,889	3,375	2,445	576.6
Levered Free Cash Flow	3,906	942.21	1,700	1,121	4,078	-495.15
Unlevered Free Cash Flow	4,287	1,357	2,159	1,771	4,708	32.41
Change in Working Capital	-1,055	-1,055	-179.5	799.39	1,024	132.33

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