SHA:601860 Cash Flow Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,476	1,624	1,619	1,600	1,515	1,441
Depreciation & Amortization	168.06	168.06	189.08	179.67	165.99	116.39
Other Amortization	42.82	42.82	31.45	12.55	21.86	17.62
Gain (Loss) on Sale of Assets	-3.02	-3.02	-15.47	-29.96	-18.17	-20.75
Gain (Loss) on Sale of Investments	-106.44	-106.44	-250.78	5.45	-138.73	-465.45
Total Asset Writedown	-54.97	-54.97	38.61	-1.54	0.77	3.29
Provision for Credit Losses	395.4	395.4	714.9	385.6	772.11	1,496
Change in Other Net Operating Assets	855.71	855.71	3,258	4,001	-26,256	9,948
Other Operating Activities	15,222	14.7	-78.89	54.22	47.93	-
Operating Cash Flow	18,311	3,251	5,842	6,556	-23,136	13,082
Operating Cash Flow Growth	113.52%	-44.36%	-10.89%	-	-	30.65%
Capital Expenditures	-35.06	-45.63	-53.25	-130.29	-76.81	-66.44
Sale of Property, Plant and Equipment	-1.76	9.2	15.43	32	17.39	22.74
Investment in Securities	-7,489	-1,357	-7,344	2,568	19,363	-3,955
Other Investing Activities	781.3	483.04	194.11	242.85	271.04	444.92
Investing Cash Flow	-6,745	-910.68	-7,188	2,712	19,575	-3,554
Long-Term Debt Issued	-	17,229	6,985	12,583	33,908	58,155
Long-Term Debt Repaid	-	-11,770	-7,200	-20,771	-39,892	-68,575
Net Debt Issued (Repaid)	-7,973	5,459	-214.8	-8,188	-5,984	-10,420
Common Dividends Paid	-461.15	-453.71	-427.94	-619.15	-979.48	-1,392
Other Financing Activities	-52.2	-52.2	-49.2	-	-	-
Financing Cash Flow	-8,487	4,953	-691.94	-8,807	-6,964	-11,812
Foreign Exchange Rate Adjustments	1.75	4.62	1.92	27.63	-14.29	-17.53
Net Cash Flow	3,081	7,297	-2,036	488.5	-10,539	-2,301
Free Cash Flow	18,276	3,205	5,789	6,425	-23,213	13,016
Free Cash Flow Growth	113.02%	-44.63%	-9.91%	-	-	30.68%
Free Cash Flow Margin	538.63%	88.68%	157.49%	171.74%	-671.63%	436.72%
Free Cash Flow Per Share	4.56	0.79	1.43	1.61	-5.82	3.34
Cash Interest Paid	3,974	4,217	4,028	3,775	2,865	2,988
Cash Income Tax Paid	853.12	897.18	846.37	801.64	874.41	876.82

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