SHA:601128 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	4,340	4,219	3,813	3,282	2,744	2,188
Depreciation & Amortization	297.84	297.84	354.55	317.33	290.2	239.04
Other Amortization	85.72	85.72	34.95	37.16	76.77	96
Gain (Loss) on Sale of Assets	-9.78	-9.78	-14.64	-20.72	-13.01	-8.27
Gain (Loss) on Sale of Investments	-1,591	-1,591	-2,561	-1,011	-846	-652.45
Total Asset Writedown	5.44	5.44	11.27	0.89	26.64	27.15
Provision for Credit Losses	1,841	1,841	2,701	1,780	1,973	1,711
Change in Other Net Operating Assets	13,216	13,216	13,229	11,629	8,723	-5,514
Other Operating Activities	-18,497	551.55	719.81	681.82	571.7	519.49
Operating Cash Flow	-565.48	18,363	18,159	16,369	13,154	-1,688
Operating Cash Flow Growth	-	1.12%	10.93%	24.45%	-	-
Capital Expenditures	-269.93	-435.38	-334.28	-514.61	-571.37	-398.89
Sale of Property, Plant and Equipment	-99.23	18.54	25.64	47.8	115.71	125.7
Cash Acquisitions	1,350	1,538	168.86	-	-	-
Investment in Securities	-9,354	-11,930	-9,206	-12,680	-12,658	1,409
Other Investing Activities	1,674	1,729	1,417	903	963.78	419.93
Investing Cash Flow	-6,698	-9,079	-7,929	-12,244	-12,150	1,556
Long-Term Debt Issued	-	2,994	13,264	19,189	30,438	33,018
Long-Term Debt Repaid	-	-4,929	-17,983	-21,998	-30,088	-28,098
Net Debt Issued (Repaid)	2,926	-1,935	-4,719	-2,809	349.97	4,920
Common Dividends Paid	-1,292	-1,292	-759.95	-772.09	-925.38	-905.11
Other Financing Activities	-207.7	-231.24	-75.8	10.71	-14.76	52.18
Financing Cash Flow	1,426	-3,459	-5,555	-3,571	-590.17	4,067
Foreign Exchange Rate Adjustments	-104.01	-20.13	-35.89	-0.57	100.34	-41.96
Net Cash Flow	-5,941	5,805	4,639	554.22	513.58	3,894
Free Cash Flow	-835.41	17,927	17,824	15,855	12,582	-2,086
Free Cash Flow Growth	-	0.58%	12.42%	26.01%	-	-
Free Cash Flow Margin	-8.71%	190.11%	199.58%	204.69%	184.68%	-35.23%
Free Cash Flow Per Share	-0.19	4.13	4.17	3.74	3.53	-0.63
Cash Interest Paid	8,153	5,917	5,271	5,878	4,477	4,330
Cash Income Tax Paid	1,319	1,398	1,238	1,258	1,007	794.66

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