Chongqing Water Group 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	808.79	781.81	1,089	1,910	2,078
Depreciation & Amortization	2,244	2,040	1,858	1,591	1,441
Other Amortization	21.79	9.36	-	0.6	0.74
Loss (Gain) on Sale of Assets	-3.27	-58.16	-4.02	-32.55	-237.91
Loss (Gain) on Sale of Investments	-225.33	-196.13	-318.19	-209.55	-221.45
Asset Writedown	10.84	12.86	9.47	9.04	8.19
Change in Accounts Receivable	-1,134	-93.85	-196.11	-1,687	-237.36
Change in Inventory	130.9	184.24	39.06	-13.85	-11.84
Change in Accounts Payable	-431.28	-635.29	-227.32	975.51	-194.08
Other Operating Activities	341.28	315.8	250.08	157.98	113.39
Operating Cash Flow	1,770	2,359	2,508	2,695	2,735
Operating Cash Flow Growth	-24.96%	-5.95%	-6.93%	-1.46%	18.83%
Capital Expenditures	-1,272	-2,875	-3,964	-3,227	-3,681
Sale of Property, Plant & Equipment	30.83	44.8	417.15	19	213.36
Cash Acquisitions	-397.67	-	-	-	-78.57
Divestitures	19.79	-	0	-	-
Investment in Securities	-303.52	-12.86	-34.39	332.34	-126.91
Other Investing Activities	255.25	153.75	235.73	185.51	110.14
Investing Cash Flow	-1,667	-2,689	-3,346	-2,690	-3,563
Short-Term Debt Issued	-	-	-	-	2.4
Long-Term Debt Issued	4,101	4,004	3,741	2,419	2,794
Total Debt Issued	4,101	4,004	3,741	2,419	2,797
Long-Term Debt Repaid	-3,213	-3,824	-1,153	-854.63	-762.15
Net Debt Issued (Repaid)	887.49	180.15	2,588	1,564	2,034
Issuance of Common Stock	233.53	-	-	-	-
Common Dividends Paid	-911.25	-1,101	-1,545	-1,417	-1,347
Other Financing Activities	27.33	-1.61	1.29	17.35	2.73
Financing Cash Flow	237.1	-922.61	1,045	164.41	690.56
Net Cash Flow	340.32	-1,253	207.26	168.95	-138.12
Free Cash Flow	498.54	-516.22	-1,456	-532.31	-946.69
Free Cash Flow Margin	6.63%	-7.26%	-20.08%	-6.84%	-13.05%
Free Cash Flow Per Share	0.09	-0.11	-0.31	-0.11	-0.20
Cash Income Tax Paid	687.72	429.15	842.14	900.67	724.09
Levered Free Cash Flow	346.27	-220.8	-2,756	-445.38	-313.12
Unlevered Free Cash Flow	523.49	-34.38	-2,596	-342.26	-216.83
Change in Working Capital	-1,461	-541.87	-383.59	-746.82	-447.82

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