Guangzhou Port Company 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	1,071	964.43	1,079	1,079	1,135
Depreciation & Amortization	1,753	1,557	1,207	1,411	1,273
Other Amortization	37.88	68.46	33.2	27.79	17.77
Loss (Gain) From Sale of Assets	-1.7	134.16	-2.46	-3.87	-3.52
Asset Writedown & Restructuring Costs	6.47	3.71	6.45	9.86	81.1
Loss (Gain) From Sale of Investments	-259.3	-159.82	-213.78	-229	-598.32
Provision & Write-off of Bad Debts	-	15.68	0.3	1.41	-0.25
Other Operating Activities	809.65	697.46	661.13	415.53	443.26
Change in Accounts Receivable	-282.34	-618.41	379.15	-842.69	196.19
Change in Inventory	-169.03	0.06	143.16	12.78	-449.35
Change in Accounts Payable	-611.44	-189.62	-787.05	564.98	-82.02
Operating Cash Flow	2,363	2,542	2,386	1,932	1,998
Operating Cash Flow Growth	-7.04%	6.52%	23.47%	-3.28%	-16.79%
Capital Expenditures	-2,844	-3,186	-4,349	-3,788	-4,619
Sale of Property, Plant & Equipment	11.93	15.72	9.96	15.62	14
Cash Acquisitions	-	-	-160.03	-	-
Investment in Securities	161.21	78.95	-207.54	85.15	-65.3
Other Investing Activities	-440.31	312.07	190.18	286.55	168.73
Investing Cash Flow	-3,111	-2,780	-4,516	-3,401	-4,501
Long-Term Debt Issued	10,863	6,445	7,041	13,022	7,847
Long-Term Debt Repaid	-9,037	-5,805	-5,522	-10,740	-3,981
Net Debt Issued (Repaid)	1,826	640.43	1,519	2,282	3,865
Issuance of Common Stock	-	-	-	3,991	-
Common Dividends Paid	-803.87	-847.23	-742.04	-747.66	-597.86
Other Financing Activities	-265.64	-114.86	241.56	-80.52	-199.19
Financing Cash Flow	756.94	-321.66	1,018	5,445	3,068
Foreign Exchange Rate Adjustments	-5.68	3.92	-10.77	17.51	7.16
Net Cash Flow	2.59	-555.62	-1,122	3,994	571.9
Free Cash Flow	-481.49	-644.63	-1,963	-1,856	-2,621
Free Cash Flow Margin	-3.46%	-4.58%	-14.88%	-14.57%	-21.80%
Free Cash Flow Per Share	-0.06	-0.09	-0.26	-0.28	-0.42
Cash Income Tax Paid	562.45	504.3	1,548	220.25	616.51
Levered Free Cash Flow	-184.35	-413.4	-2,882	-1,997	-2,902
Unlevered Free Cash Flow	-184.35	-116.29	-2,619	-1,790	-2,713
Change in Working Capital	-1,055	-739.45	-384.61	-778.84	-349.86

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