Shenzhen Gas Corporation 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	1,457	1,440	1,222	1,354
Depreciation & Amortization	1,032	1,399	1,240	873.25
Other Amortization	239.21	91.48	49.52	45.34
Loss (Gain) on Sale of Assets	13.26	7.74	0.78	-3.89
Loss (Gain) on Sale of Investments	-	-	-224.59	-122.13
Asset Writedown	150.46	12.03	7.62	46.21
Stock-Based Compensation	33.18	14.74	-	-
Change in Accounts Receivable	-489.78	-1,358	-201.61	-1,014
Change in Inventory	824.28	424.93	-919.97	-852.01
Change in Accounts Payable	96.64	219.29	-68.73	488.69
Change in Unearned Revenue	88.94	-78.66	-69.86	-33.11
Change in Other Net Operating Assets	-	-	15.74	6.96
Other Operating Activities	254.01	417.57	642.79	518.61
Operating Cash Flow	3,697	2,543	1,637	1,337
Operating Cash Flow Growth	45.41%	55.33%	22.39%	-55.82%
Capital Expenditures	-3,371	-3,948	-2,661	-2,253
Sale of Property, Plant & Equipment	295.81	1.32	67.84	72.21
Cash Acquisitions	-41.64	-335.64	-685	-2,102
Divestitures	-	-	78.95	43.38
Investment in Securities	-171.46	14.26	22.68	33.03
Other Investing Activities	180.63	211.45	167.89	176.68
Investing Cash Flow	-3,107	-4,057	-2,907	-4,030
Short-Term Debt Issued	1,175	417.08	-	-
Long-Term Debt Issued	15,281	22,512	12,282	3,007
Total Debt Issued	16,456	22,929	12,282	3,007
Long-Term Debt Repaid	-16,405	-18,245	-10,187	-7,669
Total Debt Repaid	-16,405	-18,245	-10,187	-7,669
Net Debt Issued (Repaid)	50.89	4,684	2,095	-4,661
Common Dividends Paid	-744.88	-842.06	-817.28	-842.56
Other Financing Activities	-16.42	186.26	324.69	7,284
Financing Cash Flow	-710.41	4,028	1,603	1,780
Foreign Exchange Rate Adjustments	6.8	-12.19	-31.56	-4.94
Net Cash Flow	-113.44	2,502	301.15	-917.78
Free Cash Flow	326.84	-1,405	-1,024	-916
Free Cash Flow Margin	1.15%	-4.54%	-3.40%	-4.28%
Free Cash Flow Per Share	0.10	-0.46	-0.35	-0.32
Cash Income Tax Paid	676.25	1,014	826.29	592.93
Levered Free Cash Flow	-1,017	-1,635	-1,106	-1,928
Unlevered Free Cash Flow	-828.25	-1,404	-883.02	-1,788
Change in Working Capital	483.49	-849.28	-1,294	-1,437

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