Kailuan Energy Chemical 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	-25.98	815.73	1,090	1,851	1,926
Depreciation & Amortization	1,016	1,107	1,042	994.69	958.85
Other Amortization	5.37	1.21	0.42	-	-
Loss (Gain) From Sale of Assets	-64.02	-	-0.46	-43.39	-0.21
Asset Writedown & Restructuring Costs	65.73	-14.17	-32.24	-67.73	8.46
Loss (Gain) From Sale of Investments	-105.92	-82.94	-80.58	-147.09	17.44
Provision & Write-off of Bad Debts	-	-67.53	43.29	0.19	-3.86
Other Operating Activities	188.79	-79.37	-60.5	35.29	742.13
Change in Accounts Receivable	540.15	1,289	-64.85	757.07	-10.57
Change in Inventory	-520.34	-105.48	272.99	120.13	-254.77
Change in Accounts Payable	-1,759	-1,693	-1,641	514.42	1,277
Operating Cash Flow	-677.41	1,169	563.58	4,041	4,633
Operating Cash Flow Growth	-	107.36%	-86.06%	-12.78%	150.28%
Capital Expenditures	-839.21	-1,124	-1,025	-1,433	-1,155
Sale of Property, Plant & Equipment	78.85	0.01	0.32	72.76	0.01
Investment in Securities	-	377.99	-145.35	-194.88	-11.87
Other Investing Activities	133.34	48.82	81.5	-	61.12
Investing Cash Flow	-627.02	-697.38	-1,089	-1,556	-1,106
Long-Term Debt Issued	5,498	3,457	4,964	2,888	2,958
Long-Term Debt Repaid	-4,373	-3,776	-3,940	-4,982	-3,594
Net Debt Issued (Repaid)	1,125	-318.52	1,023	-2,094	-635.76
Issuance of Common Stock	5	-	-	-	-
Common Dividends Paid	-543.26	-720.95	-1,108	-991.84	-757.72
Other Financing Activities	77.9	-0.98	-	-1,360	-132.49
Financing Cash Flow	664.67	-1,040	-85.21	-4,446	-1,526
Foreign Exchange Rate Adjustments	-1.55	-6.81	13.33	14.38	-6.69
Net Cash Flow	-641.32	-576.01	-596.96	-1,946	1,994
Free Cash Flow	-1,517	44.44	-461.55	2,608	3,478
Free Cash Flow Growth	-	-	-	-25.01%	186.62%
Free Cash Flow Margin	-8.72%	0.21%	-2.02%	10.03%	15.01%
Free Cash Flow Per Share	-0.94	0.03	-0.29	1.65	2.19
Cash Income Tax Paid	627.76	1,369	1,512	2,035	1,927
Levered Free Cash Flow	701.12	827.01	-272.1	2,324	2,074
Unlevered Free Cash Flow	701.12	938.7	-145.22	2,495	2,286
Change in Working Capital	-1,757	-510.97	-1,439	1,418	984.28

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