Bank of Hangzhou Cash Flow Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-	16,983	14,383	11,679	9,261
Depreciation & Amortization	-	868.8	786.21	697.16	637.17
Other Amortization	-	183.43	167.21	144.73	120.92
Gain (Loss) on Sale of Assets	-	0.09	2.93	-42.93	-0.76
Gain (Loss) on Sale of Investments	-	-3,923	684.37	4,589	4,338
Total Asset Writedown	-	15.77	7.99	174.61	9.38
Provision for Credit Losses	-	8,480	5,467	2,889	4,719
Change in Other Net Operating Assets	-	61,665	69,630	87,626	-57,457
Other Operating Activities	-	-24,472	-25,184	-22,702	-21,805
Operating Cash Flow	-	65,827	72,251	90,989	-55,958
Operating Cash Flow Growth	-	-8.89%	-20.59%	-	-
Capital Expenditures	-	-875.08	-1,067	-1,268	-811.18
Sale of Property, Plant and Equipment	-	0.35	0.8	62.06	2.19
Investment in Securities	-	-92,843	-82,115	-86,455	-124,391
Other Investing Activities	-	27,833	28,433	25,496	22,243
Investing Cash Flow	-	-65,884	-54,748	-62,165	-102,957
Long-Term Debt Issued	-	393,350	408,294	411,519	335,673
Long-Term Debt Repaid	-	-336,703	-400,352	-413,429	-206,238
Net Debt Issued (Repaid)	-	56,647	7,943	-1,910	129,435
Issuance of Common Stock	-	10,000	-	-	1,449
Total Dividends Paid	-	-13,072	-10,142	-10,628	-6,795
Financing Cash Flow	-	53,575	-2,199	-12,538	124,089
Foreign Exchange Rate Adjustments	-	-31.27	44.54	242.65	-166.06
Net Cash Flow	-	53,486	15,348	16,529	-34,992
Free Cash Flow	-	64,952	71,183	89,720	-56,769
Free Cash Flow Growth	-	-8.76%	-20.66%	-	-
Free Cash Flow Margin	-	212.25%	268.84%	394.32%	-300.99%
Free Cash Flow Per Share	-	9.09	9.95	12.61	-8.35
Cash Interest Paid	-	29,239	25,765	21,358	63,177
Cash Income Tax Paid	-	6,957	7,357	7,222	6,986

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